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Market Update : 
21st Century, Cellcom Israel Rise on Earnings
Author: 123jump.com Staff
123jump.com
Last Update: 3:11 PM EDT May 14 2007


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Stocks fell as renewed concerns about the economy health overshadowed news of a $7.4 billion deal to buy a majority of Chrysler. Active Power recorded an expense of $1.5 million in first quarter related to the review, the company’s shares fell 5.5%. Source Interlink fell 13.4%.

 
Currencies

The dollar was mixed against other major currencies in European trading Monday morning. The euro traded at $1.3539, up from $1.3535 late Friday in New York. The British pound traded at $1.9808, down from $1.9829. The dollar stood at 120.29 Japanese yen, up from 120.23 yen.
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