FedEx said it would fight any additional charges if they are brought. FedEx is due back in court Sept. 24 in San Francisco for a status conference.» Read More
There was a broad rally today....four to one advancing to declining stocks, but late-day comments from Federal Express, which lowered its 2009 earnings guidance, as well as negative comments from Con-Way in the trucking space, and Texas Instruments, National Semi, and Altera in the techs are weighing on futures after the close.
United Parcel Service gave its holiday forecast Tuesday, and the company sees Dec. 18 as the big day for shipping packages. But in a sign of uncertain times, a few details are missing from the press release.
Stocks closed lower as investors worried about the global economic downturn and enthusiasm for China's deep-pocketed stimulus plan faded.
Stocks shot out of the gate Monday, boosted by China's massive stimulus plan. Techs sat out the rally, dragged down by Dish Networks after the satellite TV provider's dismal results and Google after Microsoft announced a deal with Sun.
Stocks shot out of the gate Monday, helped by developments in the financial sector and China's near-$600 billion economic stimulus plan, announced over the weekend.
The Lightning Round is extended in this CNBC.com exclusive feature.
The Fast Money traders told you the bottom won’t be in, until there’s panic like never before. Wait...
Once more, it's the noise coming from Washington Wednesday that could drive markets. Hope that the bill would be resuscitated before the end of the week is sending stocks higher.
Tuesday promises more treachery for investors as they navigate markets held captive by politicians and the promise of a rapidly faltering economy.
It was bailout or bust for the markets , but now that Congress has reached agreement on the $700 billion package the focus will shift to the weak economy.
The state of the financial markets' bailout and the credit crunch are dual concerns for investors in the week ahead.
Wall Street's wild ride promises to continue as Congress wrangles over details of a financial markets bailout, and investors assess the government-brokered deal for Washington Mutual.
It's never pretty on Wall Street when the action in Washington rules the markets. That's certainly been the case this week, while Congress wrestles with the merit and shape of the $700 billion financial markets rescue package, proposed by Treasury Secretary Hank Paulson
Warren Buffett is driving the latest ambulance to show up on Wall Street, and his first aid may in fact give a boost of confidence to the market and Washington's rescue process.
The scorching volatility ripping through financial markets is not likely to let up while details of the government's rescue plan are being worked out.
Stocks whipsawed back into positive territory after regulators in the US and Europe took aim at short sellers and progress continued toward resurrecting the Resolution Trust Corporation to dispose of bad bank assets.
The Fed, the European Central Bank, Bank of England, Bank of Japan, Bank of Canada, and the Swiss National Bank are all pumping dollars into the global system. Fed made an additional $180 billion available to central banks to lend out.
The storm hitting Wall Street ramped up to category 5, and it's not over. Wednesday's markets illustrated in every way the fears investors have been living with since the credit crises began a year ago.
British bank Barclays said it could acquire some of Lehman Brothers' businesses while economists discuss the future of the financial sector. Following are today's top videos:
CNBC's Maria Bartiromo discusses Wednesday's market turmoil and looks ahead to Thursday's events.