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SMALL BUSINESS
Top Money Stories
Can the Market Maintain Its Rally?
posted: 6 HOURS 34 MINUTES AGOcomments: 74
filed under: Financial Crisis
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Propelled by unexpected optimism from the troubled auto and banking industries as well as the retail sector, the stock market has posted its best three-day run in four months. But growing unemployment lines threaten to stymie any quick recovery.
'Sorry' Madoff Pleads Guilty, Is Jailed
posted: 7 HOURS 13 MINUTES AGOcomments: 2347
filed under: Madoff
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Bernard Madoff is led to jail in handcuffs after pleading guilty to 11 criminal counts stemming from his multibillion dollar pyramid scheme. The disgraced money manager tells a judge that he "cannot adequately express" how "sorry and ashamed" he is for carrying out an epic fraud that robbed investors of billions of dollars. His sentencing is scheduled for June 16.
Also: See Charges Against Madoff
DailyFinance: Investors Ignored Warning Signs
Also: See Charges Against Madoff
DailyFinance: Investors Ignored Warning Signs
Money Advertisement
posted: 42 DAYS 10 HOURS AGOcomments: 0
AOL Shakes Up Management; CEO Out
posted: 9 HOURS 33 MINUTES AGOcomments: 90
filed under: Tech News
Time Warner announces Google veteran Tim Armstrong has been named chairman and CEO of its Internet company, AOL. Former AOL Chairman and CEO Randy Falco and President and COO Ron Grant will leave after a transition period.
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Daniel Acker, Bloomberg News/Landov | Bobby Bank, WireImage
Google veteran Tim Armstrong, left, will replace ex-NBC executive Randy Falco, who was appointed as AOL's chief executive in November 2006.
Bank of America Back in Black, CEO Says
posted: 11 HOURS 38 MINUTES AGOcomments: 144
filed under: Investing
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Bank of America's Ken Lewis becomes the third CEO of a big U.S. financial institution to say that his bank has been profitable so far this year. "I actually think the next six months is going to be, in a positive way, a gut-wrenching time," Lewis says. "We're going to start seeing signs of improvement and, at some point, you have to pull the trigger on that investment or that expansion." Quote: BAC
Warren Buffett Hunts for Bargains in US
posted: 9 HOURS 57 MINUTES AGO
filed under: Investing
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Berkshire Hathaway CEO and uber-investor Warren Buffett says he's bullish on the United States. He's already invested in U.S. companies like General Electric, Goldman Sachs and Dow Chemical. More such deals could be around the corner.
Economists Criticize Obama on Banks
posted: 11 HOURS 12 MINUTES AGOcomments: 37
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Most Actives
Symbol | Last | Change | Volume | ||
---|---|---|---|---|---|
GE | 9.57 | 1.08 | 12.72% | 355.14M | |
FAS | 5.05 | 1.034 | 25.75% | 307.24M | |
WFC | 13.95 | 2.07 | 17.42% | 194.45M |
Biggest % Gainers
Symbol | Last | Change | Volume | ||
---|---|---|---|---|---|
CT | 2.17 | 1.05 | 93.75% | 586,517 | |
SEH | 2.13 | 0.81 | 61.36% | 1.18M | |
SFN | 2.20 | 0.76 | 52.78% | 359,558 |
Biggest % Losers
Symbol | Last | Change | Volume | ||
---|---|---|---|---|---|
FAZ | 41.60 | -14.49 | 25.83% | 100 | |
NP | 4.26 | -1.05 | 19.77% | 372,454 | |
DAC | 3.61 | -0.86 | 19.24% | 875,691 |