Investors are reeling after Wednesday's global decline in the equity markets, as the Dow fell 265 points and the S&P; 500 lost over 2%. Some key charts suggest that the battle between bulls and bears is approaching an important turning point.
Ed Whitacre to Step Down as GM CEO on Sept. 1
During GM's earnings call, Whitacre announced that he'll give up his role as CEO of the country's largest automaker. Daniel Akerson, a GM board member and former chief exec at privately held XO Communications, will assume the top spot.
Continue Reading | CommentsMarket Update:
Stocks fall after Cisco earnings, jobless data
Columns
As the Bear Shows Its Teeth, Where Do Stocks Go Next?
4:30 PM 08/11/10
Time for Stimulus 2.0? The Debate Grows Louder
8:30 AM 08/12/10
With the Fed adopting a more a pessimistic view, the revival has been swift in calls for the federal government to do more to help spur growth. But what can Washington do, and would it be counterproductive?
Greek Economy Shrank 1.5% in Second Quarter
7:50 AM 08/12/10
The Greek government's austerity measures are having a negative effect on economic growth. Greek GDP shrank again in the second quarter, and has fallen 3.5% in the last year.
Homes Lost to Foreclosure Rose 9% in July
6:25 AM 08/12/10
More U.S. homeowners are saying goodbye to their properties as lenders repossess a glut of homes with past-due mortgages.
Loyalists Hope Spyker Gives Saab Story a Happy Ending
9:00 AM 08/12/10
Less than a year after Saab was given up for dead when GM couldn't find a buyer, and five months after it was acquired by Dutch automaker Spyker, the quirky Swedish car's biggest fans are feeling a bit more optimistic about the brand's future.
Ron Burkle, Barnes & Noble Expected to Settle
7:10 AM 08/12/10
The fight between Barnes & Noble and its second-largest shareholder, Ron Burkle, appears to be over. A deal has apparently been reached that would give Burkle three board seats in exchange for dropping his suit against the bookseller.
How Magazines Are Handling Apple's Erratic Censorship
5:45 PM 08/11/10
Steve Jobs' dictate that apps for Apple's iPad and iPhone contain no pornography or nudity affects plenty of major magazines, including Playboy and Cosmopolitan. How are they dealing with it?
DailyFinance Wire
- With Corporate Profits Up, Why Is the Market So Glum?
- America's Bailout Program Benefited Foreign Countries, Oversight Panel Finds
- Ed Whitacre to Step Down as GM CEO on Sept. 1
- Legal Briefing: After Wells Fargo, Will Banks Have to Refund Overdraft Fees?
- The Next Tech Titan? 10 Hottest Technology Start-Ups of 2010
- Brokers With Fraud Convictions Keep Morgan Stanley Signing Bonus
- GM May Be Readying an IPO Filing to Raise $16 Billion
- Energy Intelligence Group Alleges UBS Plagiarized Content
- Loyalists Hope Spyker Gives Saab Story a Happy Ending
- Initial Jobless Claims Unexpectedly Rise to 484,000
- Sara Lee Earnings Buoyed by Better Income Across Its Businesses
- Daily Blogwatch: 10 Ways to Quit Your Job and Why Apple Should Buy Skype
- Time for Stimulus 2.0? The Debate Gains New Urgency
- Estee Lauder Reports Quarterly Earnings of $23.9 Million
- Kohl's Earnings Top Estimates, but Retailer Trims Outlook
- GM Earnings Show $1.3 Billion Profit in the Second Quarter
- Greek Economy Shrank 1.5% in Second Quarter on Austerity Measures
- AIG Talking to Investors About Planned IPO For AIA
- Ron Burkle, Barnes & Noble Expected to Settle
- India Meeting on BlackBerry Security 'Inconclusive'
- Top Aide to Former Hewlett-Packard CEO Hurd Resigns
- Homes Lost to Foreclosure Rose 9% in July
- Business News You Need Today: Aug. 12, 2010
- Viacom Appeals 'Flawed' $1 Billion YouTube Verdict
- Furloughed Californians Protest Schwarzenegger's Cameo in 'The Expendables'
Newswire
- GM CEO Whitacre says will step down Sept. 1
- India sets Aug. 31 deadline for BlackBerry info
- Stocks fall after Cisco earnings, jobless data
- GM posts $1.33 billion profit, a sign of strength
- World stocks down again but selling pressure eases
- AB InBev Q2 profit up 7.5 pct on World Cup boost
- Jobs picture dims as unemployment claims rise
- Czechs ask US for help in jet fighters probe
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| Symbol | Last | Change / % | Volume |
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Most Actives
| 3.88 | +0.03 +0.78% | 210.51M | |
| 108.63 | -0.67 -0.61% | 121.62M | |
| 13.15 | -0.04 -0.30% | 74.43M | |
| 14.12 | -0.09 -0.63% | 46.27M |
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| 4.00 | +0.47 +13.31% | 16,500.00 | |
| 8.59 | +0.70 +8.87% | 274,938.00 | |
| 6.17 | +0.50 +8.82% | 6.47M | |
| 7.47 | +0.52 +7.48% | 5.01M |