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Stock Watch

8/11/2008

STOCK UP

• The U. S. Olympic basketball team got off to a good start by beating the host country, China.

• Michael Phelps won his first gold medal of this Olympics, setting a world record in the 400-individual medley.

• The Jets acquired Brett Favre and didn't give up that much in the deal.

• Chad Pennington didn't stay out of work long, landing with the Dolphins.

• Paddy Harrington won his second straight major, taking the PGA championship.

• The Los Angeles Angels of Anaheim swept the Yankees.

STOCK DOWN

• The Yankees are now eight and a half games behind the Tampa Bay Rays in the AL East.

• The Cincinnati Reds have dropped six straight games.

• A Russian steeplechase runner was pulled from the Olympics amid reports of doping.

• UCLA quarterback Ben Olson suffered a broken foot and could be sidelined up to two months.