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  • The Week in Review: Bears on the Prowl Saturday, 28 Jun 2008 | 3:01 PM ET

    By anyone's reckoning, it was a rough week.  Crude oil continued its relentless climb; banks and brokerages gave hints of more discouraging news; government data pointed to a weak economy; even strong companies like Nike, Oracle, and Research In Motion issued cautious guidance; and Federal Reserve policymakers, widely perceived as powerless to help, left interest rates unchanged.  But all week, even through the worst of the market's sell-offs, CNBC guests offered

  • Fed's Nuanced Statement No Help To Market Wednesday, 25 Jun 2008 | 4:45 PM ET

    Elsewhere, financials could not maintain even a modest two-day rally; most came down late in the day and ended on either side of fractionally positive or negative.

  • Any Reason To Own Stocks This Summer? Wednesday, 25 Jun 2008 | 3:12 PM ET

    The biggest hope for the bulls is a notable crack in oil (a sustained drop below $120 or so). After that, the notably oversold conditions (which could last a long time), and the lopsided bearishness of the Street should enable some kind of short-term bounce.

  • Stock Picker Likes Sunnier Second Half Wednesday, 25 Jun 2008 | 2:48 PM ET

    Patrick Becker sees brighter days in store for the market, once it re-focuses from what's going wrong to what's going right.

  • Stock Rally Fizzles but Financials Still Shine Tuesday, 24 Jun 2008 | 5:06 PM ET

    Stocks ended lower as a midday rally fizzled by the closing bell. Financials held onto modest gains.

  • Stocks Recover, Led by Battered Financials Tuesday, 24 Jun 2008 | 2:27 PM ET

    Stocks moved higher as a fallback in oil prices and a recovery in financial shares helped reverse an earlier decline.

  • UPS Shares Sink to 5-Year-Low After Profit Warning Tuesday, 24 Jun 2008 | 10:47 AM ET
    UPS

    United Parcel Service on Monday warned that its second-quarter earnings would be below expectations due to a sluggish U.S. economy and soaring fuel costs.

  • 1) Reliance Steel just jumped 5 percent as they updated guidance, raising it 30 percent from previous guidance, due to much higher increases in carbon steel prices.

  • Market Insider: Tuesday Look Ahead Monday, 23 Jun 2008 | 8:51 PM ET

    United Parcel Services' after the bell earnings warning and the continued meltdown in financial stocks are casting a negative tone on the market ahead of Tuesday's open.

  • UPS Slashes Outlook on Soaring Fuel Costs Monday, 23 Jun 2008 | 6:15 PM ET
    UPS

    United Parcel Service on Monday warned that its second-quarter earnings would be below expectations due to a sluggish U.S. economy and soaring fuel costs.

  • Hanging On By A Thread Monday, 23 Jun 2008 | 5:54 PM ET

    The Dow ended little changed on Monday as renewed concerns about the outlook for financial shares offset gains in energy stocks. What's the "Word on the Street?"

  • Why Is Everyone On The Street So Bearish? Thursday, 19 Jun 2008 | 11:48 AM ET

    I noted yesterday the miserably bearish mood Wall Street has been in recently. The market has been having problems because the central assumption of bulls--that the second half of the year would see a rebound in earnings--is coming under attack. As a result, traders have been taking every opportunity to sell into rallies in June.

  • Dow Headed Below 12,000? Wednesday, 18 Jun 2008 | 5:48 PM ET

    Stocks closed lower again on Wednesday. For a time, the Dow traded below the 12,000 mark for the first time since mid-March. What's the "Word on the Street?"

  • Dow Closes at Lowest Level in 3 Months Wednesday, 18 Jun 2008 | 5:04 PM ET

    Stocks closed lower Wednesday, led by financial and auto stocks after worrisome results from Morgan Stanley, CarMax and FedEx. Regional banks also took a hit after Fifth Third cut its dividend.

  • Financials Force Dow To Close At Three Month Low Wednesday, 18 Jun 2008 | 4:36 PM ET

    The Dow closed at a 3-month low, due to the continuing weakness in financials. New lows expanded at the NYSE to nearly the highest levels in 3 months.

  • Dow Breaches Key Level Amid Bank Worries Wednesday, 18 Jun 2008 | 3:33 PM ET

    Stocks declined Wednesday, led by financials, after worrisome results from Morgan Stanley and a dismal outlook from FedEx. The Dow briefly slipped below 12,000 -- the first time that's happened since March 18, when the market was reeling from the collapse of Bear Stearns.

  • Street Just A Miserable Bear Wednesday, 18 Jun 2008 | 3:06 PM ET

    Many are now pinning their hopes on the dollar...and this is why traders have cheered concerted efforts by Fed officials plus U.S. officials to prop up the dollar. Traders hope a concerted rally in the dollar will see oil trade below $110, stocks will rally, gold will come down..

  • Banks Lead Selloff After Morgan Results Wednesday, 18 Jun 2008 | 11:38 AM ET

    Stocks opened lower Wednesday as investors booed results from Morgan Stanley and a dismal outlook from economy gauge FedEx.

  • FedEx Posts Loss, Gives Weak 2009 Forecast Wednesday, 18 Jun 2008 | 11:05 AM ET
    FedEx

    Package delivery company FedEx Wednesday forecast a weak fiscal 2009 after posting a quarterly loss it blamed on rising fuel prices, an ailing U.S. economy and a previously announced write-down.

  • FedEx Hit By High Oil Prices, Weak Economy Wednesday, 18 Jun 2008 | 9:22 AM ET

    FedEx is the main story this morning, and it is not a pretty picture. Earnings of $1.45 was a bit shy of consensus of $1.47, but that wasn't the big problem. Guidance for the current quarter is well below expectations: $0.80-$1.00 vs. $1.27, as is the full year guidance of $4.75-$5.25 vs. $5.92 consensus.

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