March 13, 2009 5:04 AM ET
Major indexes are up about 10% after 3 days of gains. S&P cuts GE's credit rating but says its outlook is stable. Bernard Madoff pleads guilty to 11 fraud charges. Retail stocks rally on not-so-bad February sales. Genentech will sell out to Roche for $46.8 billion. Slide show: Madoff's all-star victims. |
Stocks that aren't coming back![]() A bear market exposes once-hidden weaknesses and separates good companies from bad. When this bear ends, don't buy back into damaged goods. Video: The end of the 401(k) match? Jubak's Journal Offbeat deductions not to miss![]() There's almost nothing that isn't tax-deductible -- under the right circumstances. Just make sure you understand the rules. Plus: Get the most out of itemizing. Jeff Schnepper
Financial news centerMadoff pleads guilty, is jailed for $65 billion fraudBernard Madoff pleaded guilty on Thursday to orchestrating the biggest investment fraud in Wall Street history and was jailed to await a sentence that could keep him in prison for the rest of his life. 3/12/2009 7:12 PM
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Sunrise Senior Living, Inc. (SRZ) | +72.73% |
Spherion Corp (SFN) | +52.78% |
Patriot Capital Funding, Inc. (PCAP) | +45.05% |
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Ratings as of 3/12/2009 6:00 PM Eastern Time
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Market update
[BRIEFING.COM] Following a sluggish start, stocks put together an impressive performance in which the S&P 500 advanced more than 4%, providing participants with a solid follow through from Tuesday's 6.4% rebound.
This session's positive...more...
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