Dow turns lower; S&P, Nasdaq pare gains (Reuters)
Wed, 10 Mar 2010 17:30:28 Etc/GMT
The Dow slipped into negative territory at midday on Wednesday, while the Nasdaq and S&P 500 pared gains as a rise in financial shares was offset by declines in energy shares.
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Navistar shares fall on 1Q results, weak forecast (AP)
Wed, 10 Mar 2010 17:09:11 Etc/GMT
Shares of Navistar International fell Wednesday morning, a day after the truck and engine maker reported a sharply lower fiscal first-quarter profit, missing Wall Street targets.
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Harbin Electric shares jump after financial report (AP)
Wed, 10 Mar 2010 17:01:53 Etc/GMT
Harbin Electric said Wednesday its fourth-quarter profit and sales tripled with help from an acquisition of another Chinese electric-motor maker, and company shares rose 16 percent in midday trading.
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A decade later, lessons in the Nasdaq collapse (Reuters)
Wed, 10 Mar 2010 16:37:58 Etc/GMT
Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scaling again any time soon.
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InterMune shares rise after FDA panel drug votes (AP)
Wed, 10 Mar 2010 16:29:11 Etc/GMT
Shares of InterMune Inc. rose at a blistering pace Wednesday, a day after a federal advisory panel voted in favor of approval for its experimental lung disease treatment.
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Lawsuits, poker and the death of a boutique bank (Reuters)
Wed, 10 Mar 2010 16:08:25 Etc/GMT
In September 2008, as Lehman Brothers was breaking into a million pieces, a young investment bank was pushing up through the rubble.
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