Market in Review: Canadian Stocks Slump Amid Bankruptcies and Fees
The market in review shows numerous stock listings with mixed moves and costs. Several firms report fees, charges, and potential bankruptcies or receiverships while major names like Vale SA Wells Fargo and Walmart appear in varied price quotes across sectors.
Caution from Bernanke drags stocks lower on Monday
Stocks sank as Ben Bernanke warned the economy remains fragile. The Dow fell about 20 points, S&P 500 slipped, Nasdaq modestly rose. Bernanke's call for no spending cuts or tax boosts tempered optimism ahead of tax-cut talks.
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Massey shares rise on Blankenship news
Massey Energy shares closed up 2.4 percent to 51.63 after the abrupt retirement plan of chief executive Don Blankenship. Investors weigh potential mergers while Massey faces probes and fallout from the Upper Big Branch mine disaster in April. Baxter Phillips Jr. is named interim chief executive as the company eyes value options.
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