An American Icon, Going, going, …
General Motors GM (-15.1%) was crushed after Merrill Lynch warned that the stalled sales for the nation’s largest automaker may cause trouble for the firm, and the analyst couldn’t rule out bankruptcy. The Merrill analyst cut the rating to an “underperform” and put the price target at $7, well below its Tuesday close of 11.75. Both GM and Ford full story >>

YHOO +/- Yahoo Inc. has renewed discussions with Time Warner Inc. TWX about a combination they began discussing several months ago, whereby TWX would fold AOL into YHOO and take a minority stake in the combined venture. News Corp. NWS...

IBM + IBM has agreed to buy competitor Platform Solutions Inc. in a deal that eliminates litigation and a potential rival for its lucrative mainframe business. Terms of the deal were not disclosed. ...

NVDA - Nvidia Corp. announced it is having problems with some of its chips for notebook computers overheating, triggering a charge of $150-$200M in the Q2, and said other problems will also hurt Q2 financial results. Shares of NVDA dropped 19% in af...

ABT + Abbott Laboratories received approval for its Xience V drug-coated stent, which is expected to be a top seller in the roughly $2B U.S. market, as it appears to be more effective than rival devices. ...

AAI - AirTran Holdings Inc., the parent of AirTran Airways, told staff it would cut salaries about 10% and said deeper cuts might be necessary due to surging fuel prices, the paper reported. The pay cuts show that even the industry's most efficient ...

See All Overnight Stocks >>

AHG LEHM DOWN
ALDN DAVA DOWN
ALDN SUMM DOWN
BF.B UBSW DOWN
CNI BBNT DOWN
AVCT JPHQ UP
BJ JPHQ UP
CPWR JPHQ UP
FITB BARD UP
FTE HSBC UP
See All Ups & Downs >>