Today's Headlines

Bloomberg:
- Prices for previously owned single-family homes rose an average of 3.2% from a year earlier, the Office of Federal Housing Enterprise said.
- Research In Motion(RIMM) rose to a record on the Nasdaq Stock Market amid speculation the maker of BlackBerry e-mail devices may be bought by Microsoft Corp.(MSFT), traders said.
- The UN found a small quantity of a toxic chemical discovered in Iraq a decade ago and stored by accident in the NYC office of the agency that searched the country for weapons.
- Tiffany & Co.(TIF) raised annual profit and revenue forecasts after second-quarter earnings exceeded analysts’ estimates and sales rose the most in seven years.
- Neil Hennessy, known for his “Dogs of the Dow” mutual fund, said the index of the largest US companies may rise as much as 15% through the end of the year.

Wall Street Journal:
- Apple Inc.(AAPL), whose iTunes store is the most popular source of online music, may release next week a new version of its iPod music player that has more features.

Washington Post:
- Terrorism Policies Split Democrats.

AP:
- Cruise companies and their passengers spent $17.6 billion in the US in 2006, up 9% over the prior year, citing a Cruise Lines Intl. Assoc. study.

Philadelphia Inquirer:
- For the first time since 2003, New Jersey has no “persistently dangerous” schools, citing a state Education Department report.

Reuters:
- Dunkin’ Donuts plans to add about 10,000 franchised stores by 2020 as it expands into the western US from the Northeast.

El Pais:
- Industrialized countries with targets to curb air pollution under the Kyoto Treaty may agree to cut emissions in 2020 by up to 40% from 1990 levels, citing a draft agreement being negotiated in Vienna.

Xinhua:
- China’s gold production in the first seven months of the year climbed at the fastest pace in a decade, citing a forum organized by the China Gold Association.