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So Goes GM
Global auto market may "collapse" in 2009: J.D.Power Thu Oct 9, 2008 11:38am EDT DETROIT (Reuters) - The global auto market may experience an "outright collapse" in 2009 amid growing concerns around credit availability of credit and general economic stress, an influential industry tracking... -
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The run on Morgan Stanley
The Last Days of Morgan Stanley posted on: October 09, 2008 If Morgan Stanley (MS) was in distress back in mid-September, it's much worse today, trading as low as $12.50 a share: that's just 40% of its stated book value. For all the denials coming out of the bank, clearly the market is...- capmac
- Post #6
- Forum: Wall St. News
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What if Ford and GM go bankrupt? What will happen to the economy?
GM, Ford fall sharply as outlook dims A new report says U.S. auto sales will hit recession levels this year, threatening their survival. By Alex Taylor III, senior editor Last Updated: October 9, 2008: 11:40 AM ET NEW YORK (Fortune) -- How bad is it going to get for automakers? Worse... -
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GM Bankruptcy Thread
GM shares tumble to 58-year low Thursday October 9, 12:52 pm ET Shares of GM tumble to 58-year low on worries about credit industry, global drop in auto sales NEW YORK (AP) -- General Motors Corp. shares on Thursday plunged to their lowest level since the opening months of the Korean... -
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Is Morgan Stanley the next Lehman? Shares down 35% today alone.
-15% on big vol today -
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Market bottom is in- End this doom and gloom
The bottom is in !! For realz this time... :D -
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Intervention Every Morning
Yesterday it was the FED buying CP, today the rate cut. What's in store for tomorrow morning? -
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Today has all the makings of a crash !
World markets are plunging while Americans are sleeping... Going to be an interesting Wednesday. -
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Uh on... Futures selling off quickly. Black Wednesday
Futures tanking... -
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ALCOA Misses Big, Suspends Share Repurchase
16:27 AA Alcoa misses by $0.24, misses on revs, suspends share repurchase program, curtailing non-critical capital programs...stock still halted (16.71 -1.40) Reports Q3 (Sep) earnings of $0.37 per share, excluding non-recurring items, $0.24 worse than the First Call consensus of $0.61... -
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Can you all feel the tension ?
RPT-UPDATE 2-U.S. options fear gauge soars to record close Mon Oct 6, 2008 5:54pm EDT By Doris Frankel CHICAGO, Oct 6 (Reuters) - An index regarded as Wall Street's fear gauge surged to a record close on Monday as investors clamored for protection in anticipation of more stock market... -
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What if the bailout plan doesn't work?
U.S. stocks sharply lower as investors look to Fed for rate cut Tuesday October 7, 3:32 pm ET By Kate Gibson NEW YORK (MarketWatch) -- U.S. stocks on Tuesday declined for a fifth session straight, extending a sharp sell-off that has the major indexes trading at or near four-year lows...- capmac
- Post #17
- Forum: Wall St. News
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The Stock Market is for suckers
Retirement accounts have lost $2 trillion Tuesday October 7, 2:46 pm ET By Julie Hirschfeld Davis, Associated Press Writer Retirement accounts have lost $2 trillion, leading Americans to keep working, stop saving WASHINGTON (AP) -- Americans' retirement plans have lost as much as...- capmac
- Post #17
- Forum: Wall St. News
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The Darkest Storm is About to Descend - You Can't Imagine the Carnage
Cramer threw in the towel today on the markets... -
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cramer in a panic
Jim Cramer: Time to get out of the stock market Financial guru warns that investments could lose 20 percent of their value By Michael Inbar TODAYShow.com contributor updated 1 hour, 37 minutes ago Bullish investors should turn into shrinking violets as the stock market continues its...