NEW YORK, Dec. 1, 2008 (Reuters) — Stocks tumbled on Monday as signs of a deepening economic slump around the world erased much of last week's sharp gains, with banks and retailers among Wall Street's biggest casualties. ... > full story
WASHINGTON, Dec. 1, 2008 (Reuters) — The U.S. economy has been in a recession for a year, the nation's business cycle arbiter declared on Monday, while European leaders vowed to step up public spending to try to cushion a deepening downturn. ... > full story
NEW YORK, Dec. 1, 2008 (Reuters) — Oil plunged more than 9 percent to $49 a barrel on Monday after OPEC deferred a decision on new supply cuts at a meeting over the weekend. ... > full story
NEW YORK, Dec. 1, 2008 (Reuters) — Key retail stocks fell on Monday as investors feared that deep discounts offered by U.S. stores during the year's first holiday shopping weekend could sap profits and would not save a bleak season. ... > full story
NEW YORK, Nov. 30, 2008 (Reuters) — Wall Street may struggle this week to build on its best weekly performance in almost 30 years as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn. ... > full story
LONDON, Nov. 28, 2008 (Reuters) — Global stocks headed toward a sixth consecutive session of gains on Friday, although European shares were weak, as investors took some comfort from government moves to stimulate a deteriorating world economy. ... > full story
NEW YORK, Nov. 25, 2008 (Reuters) — D.R. Horton , the largest U.S. homebuilder, reported a wider quarterly loss on Tuesday but shares rose as homebuilders and the broader market extended rallies spurred by further government intervention in the financial sector. ... > full story
NEW YORK, Nov. 24, 2008 (Reuters) — Warren Buffett will provide more information on how his company Berkshire Hathaway Inc computes losses on derivatives, after the U.S. Securities and Exchange Commission asked for better disclosure. ... > full story
NEW YORK, Nov. 24, 2008 (Reuters) — The U.S. rescued Citigroup Inc, agreeing to shoulder most losses on about $306 billion of the bank's risky assets, and inject new capital, bolstering investor hopes that the government will support big banks as the economy sinks into recession. ... > full story
NEW YORK, Nov. 21, 2008 (Reuters) — Wall Street faces stiff headwinds in the week ahead, the fate of Citigroup largest among them, that stand in the way of building on Friday's big rally and preventing November from winding up as one of the worst months for stocks on record. ... > full story
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Profiting From Risk Aversion Nov. 24, 2008 (SeekingAlpha) — In October and November of 2008, we have seen the equity and bond markets descend into a state of extreme risk aversion. Investors need look no ...
Peter Crabb: Why the stock market isn't really crazy Nov. 21, 2008 (Idaho Statesman) — Is the market nuts? Financial economists generally assume that investors are rational. Researchers today, however, have some answers in behavioral ...
Earnings Preview: D.R. Horton expected to post 2Q loss May 5, 2008 (Conde Nast Portfolio) — D.R. Horton Inc. reports fiscal second-quarter earnings Tuesday. The following is a summary of key developments and analyst opinion related to the ...
Horton Execs Get $1.6 Million Bonuses Dec. 19, 2007 (Conde Nast Portfolio) — The top two executives at homebuilder D.R. Horton Inc. received bonuses of nearly $1.6 million each even though the company suffered heavy losses ...
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