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GM shares jump on Kerkorian's proposal to ally the auto giant with Nissan and Renault. Indexes end lower. Apple shares down on options report. RIMM up, Palm down. A look at the second-quarter results.
Reuters - Heading into the third quarter, U.S.
stock investors may feel like they just got off a bone-rattling
thrill ride.
An alliance between GM and Renault/Nissan may be relatively unlikely. But investor euphoria should provide a floor under GM stock for now.
Competitors failed to dent Research In Motion's quarterly numbers. But the BlackBerry maker faces a tough challenge replicating its enterprise success in the consumer market.
The market is so oversold that I see a 5%-to-10% gain in the major indexes. And a big winner could be my big loser from the last round -- Sirius Satellite Radio.
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Fool.com Headlines
Fool.com Headlines
Facebook Isn't Buying RIM, OK?
by Rick Aristotle Munarriz, The Motley Fool
17 May 2012 at 11:07pm
Research In Motion is not an acquisition target for the social networking giant.
What's Next for Valero?
by Isac Simon, The Motley Fool
17 May 2012 at 11:01pm
The future for this refiner looks uncertain.
What Drove the Markets Today
by Dan Newman, The Motley Fool
17 May 2012 at 10:07pm
A brief on the market news that affected markets for May 17.
Will Telecoms Doom Apple TV?
by Eric Bleeker and Jeremy Phillips, The Motley Fool
17 May 2012 at 10:07pm
Another Reason to Never Buy Groupon
by Eric Bleeker and Jeremy Phillips, The Motley Fool
17 May 2012 at 9:37pm
Apple and China Mobile: Let the Countdown Begin
by Evan Niu (TMFNewCow), The Motley Fool
17 May 2012 at 9:37pm
T-minus ?
4 Stocks That Sent the Dow Tumbling
by Dan Caplinger, The Motley Fool
17 May 2012 at 9:07pm
These Dow stocks fell sharply today.
Why Apple Is Still a Buy
by John Reeves, The Motley Fool
17 May 2012 at 9:07pm
Shareholder Revolts Hide a Deeper Problem
by Roland Head, The Motley Fool
17 May 2012 at 9:07pm
Executive pay needs to be linked to shareholder returns -- and it isn't.
Should You Buy Facebook on Day 1?
by Andrew Tonner, The Motley Fool
17 May 2012 at 8:07pm
Rumor Report: Apple's Upcoming iPad Mini Will Crush the Competition
by Tamara Rutter, The Motley Fool
17 May 2012 at 8:07pm
The new iPad will compete with lower-priced tablet PCs.
Was JPMorgan Chase's $2 Billion Blowup Avoidable?
by Ilan Moscovitz, The Motley Fool
17 May 2012 at 7:37pm
A Winning Tech Strategy
by Eric Bleeker and Jeremy Phillips, The Motley Fool
17 May 2012 at 7:37pm
Here's What Bruce Berkowitz at Fairholme Is Buying
by Selena Maranjian, The Motley Fool
17 May 2012 at 7:15pm
It can be smart to keep an eye on what the smartest investors are doing.
Is Natural Gas Back?
by Dan Caplinger, The Motley Fool
17 May 2012 at 7:08pm
Huge supplies could finally be facing higher demand.
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