Money - AOL Money & Finance

With the start of earnings season this week, most institutional investors are hoping the worst is over. With results from S&P 500 companies expected to decline 34 percent, any underperformance "better" than that will be viewed as positive news.
Quotes: AA | FDX | UPS | GE | INTC | GOOG

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With Assets Sale OK'd, Is New GM Viable?

posted: 8 HOURS 51 MINUTES AGO

filed under: Financial Crisis

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A bankruptcy judge rules that General Motors can sell the bulk of its assets, setting the stage for a quick emergence from bankruptcy. But DailyFinance says that even with costs down, the new GM must convince consumers to buy its vehicles.
Also: Judge OKs GM Sale Plan

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Discover Shares Tumble on Stock Offering

posted: 3 HOURS 35 MINUTES AGO

filed under: Investing

Shares of credit card company Discover tumble in after-hours trading as the company announces a $500 million common stock offering. Discover says it will use the proceeds for possible investments or to buy back preferred stock issued to the U.S. Treasury under its bank rescue plan. Quote: DFS

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Market News

posted: 4 DAYS 4 HOURS AGO

filed under: Investing

Market Update

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DJIA NASDAQ S&P 500 10yr Note

1day

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Is There a Madoff in Your Portfolio?

posted: 4 HOURS 29 MINUTES AGO

filed under: Investing, Madoff

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Now that a judge has thrown the book at disgraced financier Bernard Madoff, investors can now check off at least one scam artist. But how concerned should you be about other swindlers? BloggingStocks offers some tips on how to mitigate the risks just in case your investments come into contact with a "Madoff." DailyFinance: Madoff Shops for Best Prison

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Facebook Could Make Billions in 5 Years

posted: 6 HOURS 35 MINUTES AGO

filed under: Tech News

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Facebook will likely be posting billions of dollars in revenue in five years, up from about $500 million this year, according to Silicon Valley entrepreneur Mark Andreessen who sits on the social networking website's board.

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Tribune Sells Cubs to Ricketts for $900M

posted: 3 HOURS 30 MINUTES AGO

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The storied Chicago Cubs baseball team has been purchased from the bankrupt Tribune Co. by the Ricketts family, according to a source familiar with the deal, Reuters reports. The purchase price is said to be slightly less than $900 million.
DailyFinance: Too Late for Sam Zell?

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BofA Becomes Leading Wealth Manager

posted: 8 HOURS 39 MINUTES AGO

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Bank of America topples crisis-hit UBS as the world's biggest wealth manager as the industry faces shrinking wealth, according to a new survey. Click inside to see where other major banks rank.
DailyFinance: Wells Fargo Revamps Investment Banking Unit

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Cramer Sounds Off on Oil Manipulation

posted: 8 HOURS 26 MINUTES AGO

filed under: Crude Oil Prices

TheStreet.com's Jim Cramer says it's a farce when a $10 million investment from one rogue trader can move oil up relatively easily.
DailyFinance: Oil Falls to $64 on Recession, Oversupply Fears

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