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Big Three plead for $34 billion from Congress
The CEOs of GM, Ford and Chrysler are back on Capitol Hill asking for loans and trying to undo damage they did during the previous auto bailout hearings.
Market summary
2:13PM EST
Recent quotes
Currencies
| USD - Euro | 0.7789 | -0.0081 (-1.03%) |
| USD - Yen | 92.7900 | -0.3400 (-0.37%) |
| USD - GBP | 0.6762 | -0.0015 (-0.22%) |
Sector Snap: Toll 4Q, mortgage rates lift builders
Bernanke: More foreclosure help needed
AP , 12.04.08, 01:15 PM EST Homebuilder stocks continued to rally Thursday, after one of the largest builders reported stronger-than-expected quarterly sales and 30-year mortgage rates dropped to their lowest level since January.
Fed chief says revitalized housing market key to economic recovery, preventing foreclosures needs more government attention. By David Goldman, CNNMoney.
AT&T announces job cuts
Europe’s Central Banks Lower Rates to Fight Recession (Update1)
3rd UPDATE: AMD Slashes 4Q Revenue View Due To Weak Demand
Retail Sales Down Less Than Projected, Lifting Many In Sector
Viacom to cut 7% of workforce; MTV division takes biggest hit
UPDATE 2-Capital One to buy Chevy Chase Bank for $520 mln
View all of today's news »
Sector summary
| Sector | Change | % down / up | |||||||
| Basic Materials | -1.67% |
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| Capital Goods | -0.39% |
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| Conglomerates | -0.66% |
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| Cons. Cyclical | -1.16% |
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| Cons. Non-Cyclical | -0.39% |
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| Energy | -4.12% |
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| Financial | +0.72% |
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| Healthcare | -0.23% |
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| Services | +0.68% |
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| Technology | -1.67% |
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| Transportation | +1.61% |
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| Utilities | -1.66% |
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| Leaders | Change | Mkt Cap | ||
| Cirrus Logic, Inc. | CRUS | -29.08% | 195.42M | |
| PERF GO-GREEN HLDG | PGOG | -20.00% | 9.37M | |
| Synopsys, Inc. | SNPS | 13.00% | 2.46B | |
| Diamond Foods, Inc. | DMND | -21.42% | 389.35M | |
| Welwind Energy Intl Corp. | WWEI | -13.54% | 15.64M | |
| Smithfield Foods, Inc. | SFD | 21.70% | 1.05B | |
| E.I. du Pont de Nemours &... | DD | 3.39% | 22.03B | |
| Ocean Power Technologies,... | OPTT | 8.83% | 81.56M | |
| Infineon Technologies AG ... | IFX | 1.68% | 907.19M | |
| Celgene Corporation | CELG | 3.10% | 24.85B | |
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