For many assets, pricing is already being done, and this is the value of that rule last year that required mark-to-market accounting. We have recently seen marks on many portfolios of CDOs.
Stocks opened lower Monday as Friday's euphoria cooled with investors realizing that financial woes could go on for quite some time and a fresh wave of new developments emerged.
Minutes after Microsoft's news to launch another $40 billion stock buyback and raise its dividend by 18 percent, Hewlett-Packard and Nike both announced major new buybacks of their own. And all of this may serve as a clarion call to other cash rich tech companies to start sharing their wealth.
HP is resurrecting the "Dude, You're Gettin' a Dell" campaign, which wasn't the brightest point in Dell's history, and now it's being used against it.
While it's soon to say how workers will fare at Lehman Brothers and Merrill Lynch, corporate layoffs are likely to top a million for the first time in years. Given the long arm of the credit crunch and the slowing economy, few of us seem protected from layoffs, you might want to prepare for the worse. Here's some tips.
Even in the worst of times, don't give up on stocks.
Morgan Stanley announced quarterly results earlier than expected, and Sandisk rejected a buyout offer from Samsung. Here's how to trade the news.
Stocks rallied at the close after the Federal Reserve held the line on interest rates and investors were encouraged that Lehman Brothers and American International Group might work out deals to improve their perilous financial situation.
There was a time not too long ago when Hewlett-Packard simply became "HP." I'm not talking about the "HP" it's always been known as, but "HP" as the official new name of the company, supplanting Bill Hewlett and Dave Packard, and joining the ranks of KFC as a company running the risk of forgetting history for the sake of convenience and short-hand.
The Dow and S&P 500 fell over 4.5% today, while the Nasdaq composite dropped 3.6%, as concerns over the health of the financial sector intensified following the decision of Lehman Brothers to file for Chapter 11.
Cramer makes the call on viewers' favorite stocks.
Following are the day’s biggest winners and losers. Find out why shares of Smurfit-Stone Container and Hewlett-Packard popped while AIG and Continental Airlines dropped.
As we’ve been telling you, there’s no better market for making fast money than a bear market. But you have to be quick or you’ll end up dead.
Stocks skidded Tuesday as worries about the housing and financial sectors came back with a vengeance. Lehman plunged 45 percent, dragging the S&P to its worst percentage decline since early 2007.
The Dow got a little bump at the opening bell but fell off the cliff into a triple-digit decline after pending-home sales dropped more than expected. Adding to the uncertainty in the market, Lehman Brothers fell to its lowest level in a decade amid market buzz that the brokerage is going to be unable to raise the capital it needs.
The Dow got a little bump at the opening bell but pared its gains after pending-home sales came fell more than expected. There had been little conviction in buying Tuesday as enthusiasm waned over the bailout of Fannie Mae and Freddie Mac and worries about the economy returned to the markets.
Stock index futures pointed to a flat open for Wall Street as enthusiasm waned over the bailout of Fannie Mae and Freddie Mac and worries about the economy returned to the markets.
Stocks ended mixed Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally. All three major indexes had been negative for most of the day, but the Dow tip-toed over the line at the last minute, helped by a 5% gain in GM.
Stocks wobbled Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally.
Stocks wobbled Wednesday as economic worries continued to nag the market and rain on the post-Gustav rally.