U.S. stocks end week with mixed results; technology shines
Last Update: 7/25/2008 4:43:00 PM
U.S. stocks tally modest gains after the price of crude falls further and the government delivers upbeat economic data, including a surprising rise in orders for durable goods, which helps offset ongoing issues in the financial sector.
$INDU,  MSFT,  GM,  FNM,  FRE,  GM,  $SPX,  COMP,  JNPR,  WM,  CROX,  DAL,  WB,  HMC

Chrysler to stop leasing; GM extends employee prices
Last Update: 7/25/2008 5:40:00 PM
Two Detroit automotive powerhouses made moves in attempt to stanch their bleeding as gas-guzzling trucks and SUVs continue to sit idly on U.S. car lots.
GM

GE restructures units in bid to squeeze out inefficiencies
Last Update: 7/25/2008 6:08:00 PM
General Electric will reorganize its operations by folding its six business segments into four, in a bid to improve future growth and prop up a slumping share price.
GE,  INDU

S&P says it may cut Fannie, Freddie subordinated debt, preferreds
Last Update: 7/25/2008 3:41:00 PM
Standard & Poor's Ratings Services says it may downgrade the subordinated debt and preferred stock of Fannie Mae and Freddie Mac because those securities may be pushed lower down the creditor pecking order if the government has to bail out the mortgage giants.
FNM,  FRE

Crude futures fall 1.8% as economic worries weigh
Last Update: 7/25/2008 5:14:00 PM
Crude futures close down 1.8%, extending oil’s weekly losses to 4.8%, as worries continued that weak economic growth will reduce consumption.
DXY