Reuters: The Chinese are learning the problem of easy access to credit cards.
Reuters: The US recovery is still slow while France and Germany are rebounding.
Reuters: UBS (UBS) clients in America may face criminal charges.
Reuters: Buffett of Berkshire Hathaway (BRK.A) defended its valuation of derivatives.
Reuters: Retail sales fell and joblessness claims rose.
Reuters: An active-matrix organic light-emitting diode has emerged as important technology for smartphones.
Reuters: The Fed ordered CIT (CIT) to submit a business plan.
Reuters: Twenty-five percent of homes for sales on August 1 had their prices lowered at least once.
Reuters: Ford (F) has raised its output due to the “clunkers” program.
Reuters: Wal-Mart (WMT) earnings beat expectations.
Reuters: Apple (AAPL) will meet to replace Schmidt on its board.
WSJ: The UBS settlement raises the question of whether customers should stay quiet or come forward.
WSJ: Wal-Mart (WMT) is doing more to think locally to expand its business around the world.
WSJ: Geithner said the Administration would not allow Wall St. to return to its old ways.
WSJ: Carl Icahn was sued by a hedge fund over his actions regarding a takeover of XO Holdings.
WSJ: Boeing (BA) has halted work on part of its Dreamliner due to design problems.
WSJ: VW closed in on a deal to buy Porsche.
WSJ: Microsoft (MSFT) set the price for its new Zune HD well below those for the Apple (AAPL) iPod.
WSJ: Video game revenue fell more than expected in July.
WSJ: Carrington Mortgage is being attacked for not providing proper mortgage modifications.
WSJ: Blackstone (BX) will launch a China fund.
WSJ: The largest holder in E*Trade (ETFC) cut its stake.
WSJ: Blackstone’s (BX) new bonds sold well.
WSJ: Republic topped a Southwest (LUV) bid for Frontier.
WSJ: Magna moved closer to a deal to buy Opel.
WSJ: GM and its China partners are expanding exports to South America and Africa.
WSJ: Blockbuster (BBI) revenue dropped 22%.
NYT: ” Traders at Promark Global Advisors accounted for many of the top 25 earners at General Motors.”
NYT: A founder of Netscape is backing the new RockMelt browser.
FT: TV networks are working to shake-up ratings long dominated by Nielsen.
FT: Bank of America (BAC) Merrill Lynch unit is offering huge signing bonuses.
FT: The Las Vegas Sands (LVS) negotiated a new debt deal.
Bloomberg: Some banks are facing toxic loans becoming 5% or more of their assets.
Bloomberg: Obama may seek fees from large banks to cover costs of a consumer finance agency.
Douglas A. McIntyre
Top Gaining Stocks
Top Losing Stocks