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Monday, August 10, 2009

CNBC.com News Now: Pace of Sales Under 'Clunker' Program Has Slowed- GM

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Monday, Aug. 10, 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 9337.95 -32.12 -0.34%  
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WHAT YOU SHOULD KNOW
Pace of Sales Under 'Clunker' Program Has Slowed: GM
Demand for the 'Cash for Clunkers' program has slowed down since the government extended funding for the program, but the auto industry is still improving, General Motor's CEO Fritz Henderson told CNBC Monday...
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Stocks End Lower Amid Profit-Taking
Stocks retreated Monday as investors took a breather after a four-week rally, capped by a better-than-expected jobs report on Friday...
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Is Dow Theory Sending a Mixed Signal to Buy Stocks?
Dow Theory, one of the oldest stock market forecasting methods, has shown a new buy signal: the Dow Jones Transportation Average joined the Dow Jones Industrial Average to close above January highs, according to Bank of America Merrill Lynch....
»read more

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TODAY'S TOP 5 VIDEOS
1. Hedge Fund Heavyweights 
Leon Cooperman, of Omega Advisors; Michael Steinhardt, of Wisdom Tree Investments; and David Gerstenhaber, of Argonaut Capital Management, discuss the state of the hedge fund industry.

2. Recession Over…or Ending 
The recession is either over or ending, according to billionaire hedge fund Leon Cooperman, of Omega Advisors.

3. GM's Henderson Speaks  
General Motors CEO Fritz Henderson discusses the company's new strategy, the "cash for clunkers" program and more.

4. Banks Boost Fees, Profits Follow  
In hopes of boosting profits, banks are raising fee, and they are set to rake in a record $38 billion from doing so this year. Saskia Scholtes, of the Financial Times, has the story.

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

 

 
  TODAY'S TOP BLOG
  blogger
Rental Market Reeling
During the housing boom, rental agents bemoaned the quick and easy money that allowed so many would-be renters to become homeowners; so you would think now that the mortgage market is tighter than San Quentin, that rental agents would be a bit more positive. But as the housing pendulum swung back, it crashed right through any theory of supply and demand that might put the rental market in good stead.

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