Uncertainty Remains as First Trading Day of 2009 Begins; Acquisitions Complete - BofA Buys Merrill Lynch, Wells Fargo Buys Wachovia, PNC Financial Buys National City; Global Semiconductor Sales Fall 9.8% in November; GM Shares Rise Over 8%; Ford Receives
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Analysis and Discussion with Neil Hennessy of Hennessy Advisors (Bloomberg News) ... NYSE:GM NYSE:C NASDAQ:CSCO NYSE:TRV NYSE:UTX NYSE:BAC NYSE:AXP NYSE:JPM Law Legal Issues Personal Finance Business Economy Stock Market Technology Banking Government Politics Editors Pick
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U.S. Wants to Protect $17.4 Billion in Loans to GM and Chrysler; U.S. Also May Need to Protect Tens of Billions in New Loans; GM Already Demanding Bondholders to Cut Debt by Two-Thirds to $9.2 Billion, Bondholders May Demand "Minimum Floor" on Losses (In
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S&P Rises About 1%; Dow Rises Less Than 1%; Nasdaq Rises 1.2%; Financial Stocks Lead Rally; S&P Homebuilder Index Rises 2.7%; American Axle May Get Loans from General Motors, Shares Rise Over 116% (Bloomberg News) ... NYSE:BBT NYSE:AXP NYSE:BAC NYSE:C NYSE:AXL NYSE:GM PINK:GMGMQ NYSE:F Law Legal...
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Birinyi Speaks on Economy, Energing Markets, Financial Stocks, and the Fed (Bloomberg News) ... NYSE:GM NYSE:BRK.A NYSE:WFC NYSE:JPM NYSE:MS Law Legal Issues Personal Finance Business Economy Stock Market International Banking Government Politics Editors Pick
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S&P and Nasdaq Each Fall Less than 1%; Dow Rises Less than 1%; Consumer Staples and Healthcare Best Performers of the Day, Consumer Discretionary and Financials Worst Performers; Auto Related Stocks Fall as Ford Issues Stock and GM Execs Sell Shares; Pfiz
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