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Stocks ended a dismal week on an up note as investors took some defensive positions in stocks like McDonald's amid nagging worries about the health of banks.
Stocks were back up in a yo-yo session as investors took some defensive positions in stocks like McDonald's amid nagging worries about the health of banks.
If you thought the auto industry and economy might be close to bottoming out and getting some traction, think again. The world's two largest auto makers are sending fresh signs that things will remain as bad, if not worse in 2009.
Futures rallied on the back of the Bank of America bailout Friday, with investors hoping the government will do all in its power to save big institutions from collapsing.
Retailers may be licking their wounds but if you’re a shark you could make a killing. Following are some stocks you might short!
I get the same question every year at the Detroit Auto Show: What was your favorite new car? My answer is almost always a model with an aggressive design and often it's a concept. This year, the Cadillac Converj stole my heart.
New cars are front and center at this year’s Detroit Auto Show. But one car in particular is generating some real buzz.
At an auto show that lacks "buzz", there are a couple of battles taking shape. Both of them could have major implications as to what we will be driving for years to come.
Tanking sales and gloom hang over Detroit as its annual auto show begins this week. Maybe the worst is behind it, as GM and Ford are up 26% and 15% YTD respectively.
Just weeks after ending a year marked by dismal sales and a federal bailout of General Motors and Chrysler, U.S. automakers Sunday touted new products with a focus on fuel efficiency that they say will help ensure that their cars and trucks will roll off assembly lines for years to come.
Calvin & Hobbes, like "Peanuts" or "The Simpsons" or "I Love Lucy", has a certain timelessness. Fifteen years later, a particular C&H classic is making the rounds on the internet.
Stocks made gains on Tuesday after the release of minutes from the last Fed policy meeting suggested a stimulus package would become an even greater priority.
Stocks ended a topsy-turvy session higher as investors juggled a profit warning from Bank of America and some dismal economic news with optimism over the Obama stimulus plan.
Stocks were on their way back up again as investors shrugged of some disappointing economic data and kept an optimistic outlook about President-elect Obama's economic-stimulus plan.
Stocks pared their gains Tuesday after a reports showed pending-home sales and factory orders declined, while a measure of the service sector unexpectedly improved.
Tatsuya Mizuno, director of corporates at Fitch Ratings, predicts that the global automobile industry will remain weak for another two to three years. But he sees one somewhat bright spot amid the sector gloom.
That we didn't see it is a good sign. This is what is called a "consolidation phase," and while it does not guarantee the rally will continue, it is an encouraging sign.
Stocks were poised to rebound slightly Tuesday, as investors waited for some more data on the broader economy due shortly after the start of trading.
The S&P fell on Monday with investors taking profits after last week's run-up; also concerns about slowing cell phone sales hit shares of the biggest telecommunications companies.