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Best mid-cap stocks, wild times in credit markets & ways to save on 2008 taxes now - Today in Money 9/30

Posted Sep 30th 2008 9:14AM by Allan HalprinAllan Halprin RSS Feed
Filed under: Yahoo! (YHOO), Apple Inc (AAPL), Time Warner (TWX), Citigroup Inc. (C), JPMorgan Chase (JPM), Money and Finance Today, Wachovia Corp (WB), News Corp'B' (NWS), Las Vegas Sands (LVS), Lehman Br Holdings (LEH), Garmin Ltd (GRMN)

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In the News:
· How Are U.S. Markets Following Up Yesterday's Record Point Decline?
· Without a Bailout Plan, What Will the Cost Be to You and Me?
· Gas Shortage Still Plagues Southeast
· Apple's 18% Drop Leads Tech Sell-Off Yesterday
· Dexia Bank in Belgium Gets $9.2 Billion Bailout
· Bankrupt Lehman Brothers to Sell Neuberger Berman
· Who's Going to Buy AOL? Liberty Media? Yahoo?
· Wachovia Is Just the Plum Citigroup Needed
· Shake Up at Lord & Taylor
· Obama Wants FDIC Limit Raised from $100K to $250K

100 Best Mid-Cap Stocks
Lander: These companies have a unique combination of growth, financial stability and promising forecasts. Among the best are Aeropostale, Priceline.com, Reliance Steel and Quicksilver Resources which tops the list.
The 100 Best Mid-Cap Stocks In America - Forbes.com

Wild Times in the Credit Markets
Think stocks are volatile? The dislocations in the credit markets are even more serious, and they pose a greater threat to the economy.
http://www.businessweek.com/investor/content/sep2008/pi20080929_591294.htm?campaign_id=twxa
Also: How Credit Crisis Could Give Restaurant Business Indigestion


Save on Your Taxes for 2008
When it comes to taxes, deferring income and accelerating deductions, timing is everything, says Rob. S. Seltzer, a Beverly Hills, Calif based CPA. "Now, more than two years ago, people have to be [in tune] to their budgeting" and tax incentives, he adds. Here are some places to look for savings.
http://www.mainstreet.com/article/money/taxes/save-your-taxes-2008
Also: Refundable AMT Credit Could Mean Cash Back for You

10 Biggest Banks That Remain

With Citigroup snapping up an ailing Wachovia just days after JPMorgan Chase plucked Washington Mutual's banking assets from failure, the remaining large banks are about to become behemoths. Here's a look at the 10 largest U.S. retail banks still left-for now.
http://images.businessweek.com/ss/08/09/0929_biggest_banks/index.htm?technology+slideshows

CEO Losers in 2008: Losing Millions in Minutes

2008 has been a tough year for many in the markets, but especially for these highly-paid CEOs who have lost millions in minutes. Among the biggest losers are media tycoon Rupert Murdoch who has lost over $2 billion over the past year, Car navigation maker Garmin's CEO has lost $2.9 billion and Casino CEO Sheldon Adelson has lost a whooping $13 billion.
http://www.forbes.com/leadership/2008/09/26/ceo-losses-murdoch-lead-cx_mk_0926ceomillions.html

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