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Monday, March 2, 2009

CNBC.com's News Now: Stocks Hit 12-Year Lows...

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Monday, Mar. 02, 2009
CNBC.com's News Now CNBC Extended Hours Real-Time Quotes: Now CNBC.com brings you even more of the fast and actionable information you need to respond to market moves - and it's free!    
DOW 6763.29 -299.64 -4.24%  
NASDAQ 1322.85 -54.99 -3.99%  
S&P 700.82 -34.27 -4.66%  
 
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WHAT YOU SHOULD KNOW
Even Amid Gloom, Stocks May End Year With Gains
Even as stocks blow past their November lows, analysts are beginning to gear up for a net gain in the markets this year...
»read more

Stocks Hit 12-Year Lows as AIG Rattles Market
Stocks had their worst start to March ever, ending at 12-year lows, as another bailout of insurance giant AIG stirred fear about the stability of the financial system...
»read more

BofA's Lewis Calls Merrill Aid Request a 'Mistake'
Bank of America's request for $20 billion of government aid to help it acquire investment banking firm Merrill Lynch was a "tactical mistake," Bank of America CEO Ken Lewis told a newspaper Monday...
»read more

TODAY'S TOP 5 VIDEOS
1. AIG's Liddy: Biggest Quartlerly Loss Ever  
Despite a government bailout, AIG posted a record Q4 loss of $61.7 billion. The insurer's CEO, Edward Liddy, discusses the disappointing quarter.

2. Gabelli's Advice  
Seeking out investment opportunities, with Mario Gabelli, Gamco Investors; Carlos Mendez, ICP Capital and Bob Doll, BlackRock

3. Berkshire Falls Further 
Berkshire Hathaway shares are headed lower from current levels as Warren Buffett's recent losses take their toll, Robin Griffiths from Cazenove Capital told CNBC Monday

4. Barrack: Profiting from Distressed Assets 
Billionaire investor Tom Barrack, founder and chairman of Colony Capital, is putting his money to work on debt. He shares his strategy with CNBC's Erin Burnett.

5. Stop Trading, Listen to Cramer! 
Mad Money's Jim Cramer shares his stock picks and pans with CNBC's Erin Burnett

 

Charles Schwab
 
  TODAY'S TOP BLOG
  blogger
The Big 3 Break-Up Their Global Dreams
Remember the roaring late '90's? Remember when then Ford CEO Jac Nasser bought Volvo and put it together with Land Rover, Jaguar, and Aston Martin? Back then, GM CEO Jack Smith and his top lieutenant Rick Wagoner snatched up Saab as an upscale brand to compliment Cadillac. Back then we were told bigger is better! Economies of scale would make it easier for GM and Ford to leverage these brands around the world and grow sales. Back then auto makers were drunk with profits and it was all about building the global auto giant. Not anymore.

»See All CNBC.com Blogs

 

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