Dow finishes day below 12,000 - Baltimore Sun

Dow finishes day below 12,000 - Baltimore Sun
NEW YORK - The Dow Jones industrial average closed under 12,000 yesterday for the first time since mid-March as stocks tumbled on escalating worries about the financial and automotive sectors and rebounding oil prices. The major indexes fell by more

Stocks for a Season of Caution - Barron's Online
HARRY "HERSH" COHEN STARTED RUNNING THE Legg Mason Partners Appreciation Fund when Jimmy Carter was president, although in those days it was part of Shearson. So for Cohen, 67, who took over the fund in 1979, the bear market of the 1970s isn't an

Rising from the stock market rubble - Globe and Mail
A glimpse of redemption for value investing can be seen in the recent surge by one of the worst-performing stocks of the past five years. Value investors buy overlooked, unloved or misunderstood stocks and wait for their hidden qualities to emerge

US STOCKS-Market drops as oil rises, bank stocks fall - Reuters
NEW YORK, June 20 (Reuters) - U.S. stocks fell sharply on Friday as crude oil prices jumped over $4 and financial shares slid on expectations of dividend cuts and more write-downs. Investors dumped commercial banks' shares after Merrill Lynch said it