THIS STORY HAS BEEN FORMATTED FOR EASY PRINTING

Stocks finish lower after Microsoft pulls Yahoo bid

Email|Print|Single Page| Text size – + By Tim Paradis
AP Business Writer / May 5, 2008

NEW YORK—Wall Street has closed down after Microsoft Corp.'s decision to withdraw its bid for Yahoo Inc. and after oil set a new record over $120 a barrel.

Investors are downcast after Microsoft scrapped a $43.7 billion to buy Yahoo Inc. The companies could not agree on a sale price.

The decline has left the Dow Jones industrial average down about 88 points at the 12,969 level.

© Copyright 2008 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

more stories like this

  • Email
  • Email
  • Print
  • Print
  • Single page
  • Single page
  • Reprints
  • Reprints
  • Share
  • Share
  • Comment
  • Comment
 
  • Share on DiggShare on Digg
  • Tag with Del.icio.us Save this article
  • powered by Del.icio.us
Your Name Your e-mail address (for return address purposes) E-mail address of recipients (separate multiple addresses with commas) Name and both e-mail fields are required.
Message (optional)
Disclaimer: Boston.com does not share this information or keep it permanently, as it is for the sole purpose of sending this one time e-mail.