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  • Dow Logs 7th Straight Gain; Apple Slides Tuesday, 21 Jul 2009 | 4:29 PM ET

    A late rally pushed stocks higher Tuesday following better-than-expected earnings from several Dow components. The Dow logged its seventh-straight gain, the Nasdaq, it's tenth.

  • Stocks Turn Lower as Bernanke Testifies Tuesday, 21 Jul 2009 | 2:18 PM ET

    The Dow advanced Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.

  • Obama Auto Task Force Warns Against Dealer Plan Tuesday, 21 Jul 2009 | 12:59 PM ET
    GM auto dealership with sign.

    The Obama administration warned Congress on Tuesday that a House-approved plan to restore shuttered General Motors and Chrysler dealerships would threaten the auto companies' bankruptcies and recovery.

  • Strong Earnings Boost Dow; CIT Skids Tuesday, 21 Jul 2009 | 10:09 AM ET

    The Dow bolted out of the gate Tuesday as a slew of components beat earnings expectations. But there were pockets of weakness throughout the market, including chips, hardware, banks and retail. The Nasdaq was lower.

  • Futures Turn Higher on Earnings Strength Tuesday, 21 Jul 2009 | 8:45 AM ET

    Futures indicated a slightly lower open for Wall Street Tuesday ahead of a slew of earnings and Federal Reserve Chairman Ben Bernanke's Capitol Hill testimony.

  • Private Rescue of CIT Marks Shift in Crisis Tuesday, 21 Jul 2009 | 4:45 AM ET
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    With bondholders coming to the rescue of troubled commercial lender CIT Group, and not the government, a new reality is setting in for investors. With federal bailouts drying up and the economy still in distress, many more financial firms could face bankruptcy. When they do, it will be major private lenders that will have to decide whether to rescue the companies or allow them to fail.

  • CIT Group Confirms $3 Billion Financing Deal Monday, 20 Jul 2009 | 8:27 PM ET
    CIT Group entrance

    Commercial lender CIT GroupĀ  confirmed late Monday that it has secured a $3 billion bailout from its bondholders, saving the company from bankruptcy protection.

  • S&P Hits 8-Month High Amid Earnings Optimism Monday, 20 Jul 2009 | 4:24 PM ET

    Stocks rallied to the finish line Monday after a wobbly morning as a CIT deal to avert bankruptcy and strong earnings gave investors cause for optimism.

  • Stock Rally Begins to Fizzle; CIT Jumps Monday, 20 Jul 2009 | 10:53 AM ET

    A strong start for stocks began to peter out Monday, though CIT continued to rally.

  • Stocks Open Higher, Buoyed by CIT, Earnings Monday, 20 Jul 2009 | 10:31 AM ET

    Stocks opened higher Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group and a better-than-expected start the earnings season.

  • Futures Higher on CIT, Earnings Optimism Monday, 20 Jul 2009 | 7:50 AM ET

    Futures indicated a positive open for Wall Street Monday as investors were cheered by news of a deal that will avoid bankruptcy for commercial lender CIT Group.

  • Dow Finishes Big Week With Small Gain Friday, 17 Jul 2009 | 4:44 PM ET

    The Dow turned lower again in late morning trading as investors continued to digest earnings reports from a slew of top-tier companies.

  • Market Struggles For Gains, But CIT Soars Friday, 17 Jul 2009 | 12:56 PM ET

    The Dow turned lower again in late morning trading as investors continued to digest earnings reports from a slew of top-tier companies.

  • Futures Fall as GE, BofA Drop; Citi Gains Friday, 17 Jul 2009 | 8:49 AM ET

    Stock futures pointed to a lower opening Friday as traders took a mostly dim view of earnings from General Electric and Bank of America.

  • The difficulties faced by CIT Group may help GE Capital as it will allow GE's finance unit more room to diversify, two analysts told CNBC Friday.

  • CIT Seeks Up to $3 Billion to Avoid a Bankruptcy Filing Thursday, 16 Jul 2009 | 2:57 PM ET
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    CIT, the finance company struggling to avoid a Chapter 11 filing as soon as tomorrow, is seeking to line up between $2 to $3 billion in secured financing from private investors, CNBC has learned.

  • Video Debate: What Will Happen to CIT? Thursday, 16 Jul 2009 | 2:38 PM ET

    A bankruptcy filing for CIT is likely, sources have told CNBC, but the debate on whether CIT should receive a government bailout or be allowed to fail is still up for discussion by many CEOs and financial analysts.

  • Will CIT Take Retail With It? Thursday, 16 Jul 2009 | 2:30 PM ET
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    As CIT works to avoid bankruptcy, many who track the retail industry are concerned that CIT's troubles will set off a chain reaction that will leave retailers in the lurch during the critical holiday season.

  • JPMorgan CFO: Loan Losses Stabilizing; No CIT Exposure Thursday, 16 Jul 2009 | 1:11 PM ET
    Michael J. Cavanagh

    JPMorgan Chase had impressive earnings for the quarter and is on track to continue those results in the quarters to come according to CFO Michael Cavanagh.

  • CIT Looks Set to File for Bankruptcy Thursday, 16 Jul 2009 | 8:24 AM ET
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    I can report that CIT is likely to file bankruptcy tomorrow, though the situation remains fluid, according to a source close to the company.