Market Gawk

Old Mutual was among the biggest risers as the FTSE 100 closed at its highest level in almost six weeks.

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In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of April 2-6:

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NEW YORK (MarketWatch) — Bondholders in leveraged buyout transactions are much like uninvited guests standing outside a mansion watching the revelry at a lavish party they cannot attend.

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DARNESTOWN, MD (Marketwatch) — Jaw dropping! The price of gasoline in San Francisco averages $3.34 a gallon with some stations charging $3.98 for regular unleaded.

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WASHINGTON (MarketWatch) — President Bush during his Saturday radio address to the nation reiterated his threat of vetoing the recently passed House and Senate war-spending bills that he said would ‘’set an arbitrary date for withdrawal from Iraq.”

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THE PRESIDENT: Good morning. This week, people around the world celebrate Passover and Easter. These holy days remind us of the presence of a loving God who delivers His people from oppression, and offers a love more powerful than death. We take joy in spending this special time with family and friends, and we give thanks for the many blessings in our lives.

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Despite recent struggles and tough industry conditions, homebuilder says it can do better.

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SAN FRANCISCO (MarketWatch) — Kohlberg Kravis Roberts & Co. and Texas Pacific Group on Friday said they ‘’strongly disagree” with the potential power plant shutdowns referenced by TXU Corp. in an April 2 letter to the Public Utility Commission. Dallas-based energy company TXU agreed on Feb. 25 to a $45 billion buyout by an investor group led by KKR and TPG. ”TXU is not permitted to unilaterally shut down power plants,” said KKR and TPG in a statement. ”Such a step can only be done after a review by ERCOT. There is no intention among the investor group to shut down plants, especially those needed to ensure reliability.” The investor group said it plans to file a letter with the PUC confirming the commitments.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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SAN FRANCISCO (MarketWatch) — TXU Corp. released a statement apologizing for creating a perception of threatening to shut down power plants in Texas.

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A Texas oil-and-gas company has been ordered to stop selling securities in Colorado, state Securities Commissioner Fred Joseph said Friday.

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