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Tuesday, Jun. 24, 2008

1. Speculation & Regulation 2. High Cost of Slow Growth 3. Dow Raises Prices 25% 4. Stop Trading, Listen to Cramer! 5. Maria's Market Message

Portfolio Watchlist Insider Trends Financial Glossary Stock Screeners Fund Screeners Earnings Screeners  GM And Ford: Cramer's "Obit" For Them A Bit Premature! GM and Ford will run out of money? Mad Money's Jim Cramer pretty much said so in a recent blog post. But Phil says the reports of their "death" are premature at best and believes the two automakers have options to survive... Click here to read more.

THE FED, THE ECONOMY & YOU: As the Fed juggles the overall economy and works to keep inflation in check, the world market anxiously awaits the Fed's 215p ET decision on interest rates. Hampton Pearson breaks the decision live and Steve Liesman provides full analysis. NEW HOME SALES: The Commerce Department releases monthly new home sales data at 1000a ET. Diana Olick reports the numbers and folds them into the greater context of a housing market looking for recovery. CSX SHAREHOLDERS SHOWDOWN: For months, CSX and hedge funds TCI & 3G have been locked in a proxy battle. On Wednesday, CSX holds its annual meeting at a New Orleans rail yard where shareholders will choose among the between candidates backed by the hedge funds and CSX's nominees for the 12-member board. The hedge fund group, which owns a 8.7% stake in CSX, believes the railroad underperforms its peers and its board is entrenched. CSX argues that its stock -- up more than 40% this year -- reflects a company that outperforms. Mary Thompson is live as the proxy battle unfolds. COUNTRYWIDE VOTES: On Wednesday, Countrywide holds a special shareholder meeting to vote on the merger with Bank of America, the last hurdle before the two companies' formal union. Jane Wells reports. SPORTING GOODS NOT SELLING: Tough times for the economy mean less spending on hunting, fishing and other recreational goods. Sports retailers' stock prices are feeling the pain. What's next for these companies and this sector? Darren Rovell explains.

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