NYSE

Despite the hype surrounding GM, Ford is the better buy: Analyst

Ford
Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.

Irish banks hammered in early U.S. trading

Bank of Ireland
Despite signs that the government of Ireland will receive a huge bailout package from the European Union (EU) and International Monetary Fund (IMF), Irish banks that trade in the U.S. as ADRs are getting hammered this morning in early trading.
A Tyson Foods product is seen in a publicity photo

Tyson Foods posts Q4 profit; Shares down as sales miss Street view

Tyson Foods, one of the largest US chicken producers, reported $213 million in its fourth-quarter profit on lower goodwill impairment charges. However, the company's shares were down about 3 percent in the pre-market hours as its sales came in below market expectations.
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A GM sign is seen outside the Medved General Motors car dealership in Arvada, Colorado

GM shares soar after landmark IPO

Shares of automaker General Motors opened at $35 in its first trading day on the NYSE after recovering from a government funded bailout. The opening price was an increase of 2 percent from its IPO price of $33.
Traders work on the floor of the New York Stock Exchange

US stocks sharply higher in early trade; GM up almost 9 pct

S&P 500 Index gained 13.19 points, or 1.18 percent, to trade at 1,192.55 at 09:50 a.m. EDT. The Dow Jones Industrial Average is up 122.79 points, or 1.12 percent, to trade at 11,130.67. The Nasdaq Composite Index rose 1.29 percent to trade at 2,508.13.
General Motors world headquarters is seen in downtown Detroit.

“New” GM shares up almost 9% in early trading

Shares of auto giant General Motors (NYSE: GM) are up almost 9 percent in early trading after yesterday’s blockbuster initial public offering that was estimated to have 30 percent greater demand than initially expected. The offering is the biggest in U.S. history
Traders work on the floor of the New York Stock Exchange

U.S. stock futures gain, GM eyed

Futures on the S&P 500 gained 11.80 points to 1,189.30, futures on the Dow Jones Industrial Average are up 87.00 points to 11,082.00 and Nasdaq100 futures are up 25.50 points to 2,122.50.
General Motors Vice Chairman Tom Stephens speaks in Baltimore, Maryland

GM's IPO could be the world's largest

General Motors Co is inching closer towards returning to the U.S. market in one of the biggest IPOs in the U.S. history and could even become the world's largest.
Paulson testifies before a US House Oversight and Government Reform Committee hearing on the regulation of hedge funds, on Capitol Hill in Washington

Paulson reduces exposure to financial holdings

Paulson & Co., the hedge fund managed by John Paulson, reduced its positions in key financial holdings Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC) and Citigroup Inc. (NYSE: C) in the third quarter
EMC

EMC to buy Isilon Systems for about $2.25 bln

Data storage company EMC agreed to buy Isilon Systems for $33.85 a share to cope with the unmistakable waves of cloud computing and massive amount of data produced by a new generation of applications in markets.
Lowe's Q3 profit up 17.4 pct

Lowe's Q3 profit up 17.4 pct

Home improvement retailer Lowe's Companies Inc. (LOW) reported a 17.4 percent growth in third quarter earnings after it controlled labor and other expenses in the housing slump.
100 troy ounce gold bar

G20 Seoul summit means buy gold : Jim Cramer

Jim Cramer, a financial pundit and former hedge fund manager, said the best way of making money off the G20 Seoul summit is betting it won't go well. And one bets against the summit by buying gold, he said.
US Traders

US stocks decline; Cisco shares plunge 16 pct

U.S. stocks declined in early trade on Thursday with tech stocks particularly remaining weak as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Statue stands atop Grand Central Station in front of the MetLife building in New York

MetLife to stop selling Long-Term Care Insurance

MetLife Inc., the largest life insurer in the U.S., said it plans to discontinue the sale of new Long-Term Care Insurance (LTCI) coverage next year, citing ongoing financial challenges facing the LTCI industry.

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