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Top Money Stories
Will Morgan Stanley Outlast the Slump?
posted: 1 HOUR 18 MINUTES AGOcomments: 0
filed under: BloggingStocks, Financial Crisis
Getty Images
A downgrade warning helps push shares of Morgan Stanley down by more than a third, raising questions about a $9 billion cash infusion pledged last month by Mitsubishi UFJ Financial Group of Japan. Will the banking giant last long enough to be rescued? Quote: MS
GE Meets Revised Expectations
posted: 6 HOURS 52 MINUTES AGOcomments: 13
filed under: Earnings
AP
Aside from the bleeding in global markets, investors will also be digesting earnings results from economic bellwether General Electric, which met revised earnings expectations despite a 22 percent profit drop. Quote: GE
From 24/7 Wall St.: Hard Times, but Looks Like a Safe Harbor
From 24/7 Wall St.: Hard Times, but Looks Like a Safe Harbor
Money and Finance Advertisement
posted: 85 DAYS 20 HOURS AGOcomments: 0
FTC OKs Wachovia's Sale to Wells Fargo
posted: 3 HOURS 33 MINUTES AGOcomments: 66
filed under: Financial Crisis
One day after a bitter battle for Wachovia ends, federal antitrust regulators fast-track their approval of Wells Fargo's $11.7 billion bid to acquire the struggling bank. Spurned suitor Citigroup turns its focus to a lawsuit against both banks seeking $60 billion in damages.
From BloggingStocks: Why Wells Fargo Should Walk Away Too
From BloggingStocks: Why Wells Fargo Should Walk Away Too
Oil Ends at 13-Month Low $78 a Barrel
posted: 20 MINUTES AGOcomments: 322
filed under: Crude Oil Prices
AP
In another violent sell-off, oil prices end a penny beneath $78 a barrel Friday on fears that the crisis in the credit markets will trigger a severe global economic downturn.
What Will It Take for Markets to Recover?
posted: 3 HOURS 43 MINUTES AGOcomments: 0
filed under: Financial Crisis, Investing
It's almost unimaginable to think that the market was above 14,000 a year ago. And as markets slide like there is no bottom, every investor is thinking the same thing: when will it end? 24/7 Wall St. recaps Thursday's dismal news and ponders what it will take to turn the U.S. economy around.
GM Expected to Cut More Production
posted: 3 HOURS 20 MINUTES AGOcomments: 533
AP
On top of closures disclosed last week, General Motors is expected to announce plans to further reduce production as early as next week. The automaker is battling a steep slump in sales at the same time that its stock price has fallen to six-decade lows.
Quote: GM
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Financial Crisis Quiz
When the stock markets first reopened after the 9/11 attacks, how many points did the Dow Jones fall?