CNBC.com's News Now: Applied Materials Reports Loss as Sales Plunge

Click here to view today's top stories on your mobile device. Tuesday, May. 12, 2009     DOW 8469.11 50.34 +0.6%   NASDAQ 1715.92 -15.32 -0.88%   S&P 908.35 -0.89 -0.1%       NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV CNBC PLUS     WHAT YOU SHOULD KNOW Consumer Stocks Boost Dow; Banks, Tech Slip The Dow closed positive as consumer and health care stocks rose, though weakness in technology and banks prevented larger gains.... »read more Applied Materials Reports Loss as Sales Plunge Applied Materials swung to a loss as its sales plummeted, citing weaker demand for semiconductor fabrication equipment.... »read more Art Cashin: Markets Are 'Not Going Back to 2007' Pimco's CEO Mohamed El-Erian warned that slower global growth is "the new normal." What about the shorter term? Art Cashin, UBS Financial Services director of floor operations, gave CNBC his insights for this week — and the long horizon... »read more TODAY'S TOP 5 VIDEOS 1. Abby & the Bounce  Discussing concerns over whether the bulls will be caught in a sucker's rally, with Abby Joseph Cohen, Goldman Sachs senior investment strategist 2. HUD Seeks to Expand FHA   Insight on a program to promote home sales, with Shaun Donovan, U.S. Department of Housing and Urban Development secretary and CNBC's Diana Olick. 3. Langone Speaks on Spitzer   Eliot Spitzer has not learned a thing, says Kenneth Langone, Invemed Associates chairman/president & Home Depot founder, who responds to Spitzer's allegations of corporate pay abuse 4. Greenspan Talks the Economy  Former Fed Chairman Alan Greenspan speaks to the National Association of Realtors Conference in Washington, D.C 5. Stop Trading, Listen to Cramer!  Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.       TODAY'S TOP BLOG   GM Shareholders, Executives Run For Cover It's kind of like watching a car crash. You know it's sad. You know it's awful. But you can't stop looking at it. I'm not trying to be trivial about the plunge in GM shares this week.»read more »See All CNBC.com Blogs     FIRST IN BUSINESS WORLDWIDE.     (c)2009 CNBC Inc. All Rights Reserved 900 Sylvan Englewood Cliffs, NJ 07632

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