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  1. Microsoft feeds cash to Online Services Business (InfoWorld)
    With the possibility of a Yahoo acquisition still uncertain, Microsoft is pouring hundreds of millions of additional investment dollars into its Online Services Business (OSB) in an aggressive effort to compete with Google in online advertising. On a conference call Thursday to report its fiscal 2008 earnings, Microsoft CFO Chris Liddell said the company is investing the money in its ...
    www.infoworld.com
  2. Agency Mortgage-Bond Spreads Rise as Freddie Mac Ponders Sales - Bloomberg
    July 18 (Bloomberg) -- Yields on agency mortgage securities relative to U.S. Treasuries rose to a four-month high on concern that financial companies including Fannie Mae and Freddie Mac may need to sell the debt or buy less of it. The difference ...
    www.bloomberg.com