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  • Indexes Eke Out Gains After Wild Session Thursday, 10 Jul 2008 | 4:57 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers and oil prices surged more than $5 a barrel. Still, all three major indexes eked out gains by the closing bell.

  • Stocks Reel as Oil Surges, Financials Get Hit Thursday, 10 Jul 2008 | 3:37 PM ET

    The Dow chart looked like a yo-yo Thursday as traders pounded financials including Freddie Mac and Lehman Brothers, overshadowing any positive news the market had to offer.

  • Stocks Flail as Freddie, Lehman Get Pummeled Thursday, 10 Jul 2008 | 2:44 PM ET

    Stocks flipped and somersaulted Thursday as investors juggled worries about capital constraints at Fannie Mae and Freddie Mac with a drop in jobless claims, merger activity and encouraging retail sales.

  • GE Explores Options for Consumer, Industrial Units Thursday, 10 Jul 2008 | 12:13 PM ET

    General Electric said on Thursday it will look to spin off to shareholders its entire consumer and industrial unit, signaling it is ready to part with a much larger slice of its portfolio than just the $7 billion appliance arm it has been seeking to sell.

  • Stocks Finish in Bear-Market Territory Wednesday, 9 Jul 2008 | 5:21 PM ET

    Stocks ended a tumultuous session with a late selloff that left all three major indexes in bear-market territory.  Financials fell sharply amid worries about more shoes to drop and techs took a hit after Cisco's chief said customers don't see a recovery until next year.

  • GE Is Next Data Point To Watch Wednesday, 9 Jul 2008 | 5:04 PM ET

    Now that Alcoa is out of the way, the next important data point is our parent network, General Electric,spacer which reports earnings on Friday. Since I'm often asked about the different divisions, here's a breakdown, with 2008 estimated revenues:

  • Stocks Slide as Oil Climbs, Techs Retreat Wednesday, 9 Jul 2008 | 3:19 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil climbed in a choppy session after falling more than $9 abarrel in the past two sessions.

  • Stocks Chop Around; Techs Pull Back Wednesday, 9 Jul 2008 | 12:36 PM ET

    Stocks declined, following a two-day rally, as a report showed crude inventories shrunk last week.  Oil rebounded $1 to $2 a barrel after shedding more than $9 in the prior two sessions.

  • Siemens to Cut 16,750 Jobs Amid Economic Downturn Tuesday, 8 Jul 2008 | 11:46 AM ET

    German industrial conglomerate Siemens  plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.

  • Stocks Land Lower to Close Wild Trading Day Monday, 7 Jul 2008 | 4:08 PM ET

    Stocks whipped back to positive territory on a seesaw day for Wall Street, which was dominated by a large dumping of financial shares and a drop in oil that staggered large energy producers.

  • Five Stocks to Watch Monday, 7 Jul 2008 | 11:39 AM ET

    Jon Hilsenrath, money and investing news editor at the The Wall Street Journal, offered CNBC his "5 for 5": the five stocks you must watch this week.

  • Wall Street Beats Back Bears; Yahoo Gains 10% Monday, 7 Jul 2008 | 10:12 AM ET

    Stocks moved out of bear territory Monday as oil retreated more than $4 a barrel, easing inflation fears, and technology got a boost from two of its largest companies.

  • Weather Channel Logo

    It was a busy holiday weekend for NBC Universal, CNBC's parent company. Along with private equity groups Bain Capital and Blackstone, it was finalizing its acquisition of the Weather Channel. The three are paying Landmark Communications a reported $3.5 billion, more than half in equity, split between the three.

  • Zucker: Weather Channel Boosts NBC Cable Strength Monday, 7 Jul 2008 | 8:32 AM ET

    NBC's acquisition of The Weather Channel will help the company expand its burgeoning and critical cable news presence, company President and CEO Jeff Zucker said Monday.

  • NBC Universal to Buy The Weather Channel Monday, 7 Jul 2008 | 4:32 AM ET
    Deal, Handshake

    NBC Universal, along with investment firms Blackstone Group and Bain Capital, will acquire The Weather Channel properties.

  • For Stocks, Escaping Bear Hinges on Oil, GE Sunday, 6 Jul 2008 | 8:34 AM ET

    It will be tough for Wall Street to shake off the bear market blues next week if the price of oil keeps rising and the earnings season kick-off from Alcoa and General Electric disappoints investors.

  • Market Insider: The Week Ahead Thursday, 3 Jul 2008 | 5:22 PM ET

    Stocks are likely to remain hobbled by gushing oil prices in the week ahead, but it's also the start of the earnings season, and that will ultimately influence direction.

  • Dow Gains but Ends in Bear Territory Thursday, 3 Jul 2008 | 3:42 PM ET

    Stocks enjoyed an upbeat session after a not-horrible jobs report but both the Dow and Nasdaq ended the holiday-shortened week in bear-market territory.

  • Earnings Season Kicks Off with Little Hope Ahead Thursday, 3 Jul 2008 | 2:06 PM ET

    Wall Street is bracing for a big round of second-quarter earnings reports that few expect to deliver good news for the state of corporate America.

  • Stocks End First Half With a Whimper Monday, 30 Jun 2008 | 6:18 PM ET

    Stocks ended mixed Monday, capping a dismal quarter and first half marked by rocketing oil prices and battered financials. The Dow is down 14 percent since the beginning of the year and ended the first half about 20 points from bear-market territory.