Friday, July 10, 2009

GM pledges 'new beginning' as it exits Chapter 11

Date: Friday, July 10, 2009

General Motors' chief executive pledges a "new beginning" as the
storied U.S. automaker exits Chapter 11 bankruptcy, stressing
customers, cars and culture asthe company's three main priorities.

NEW FUND ISN'T 'FOOLISH' SO MUCH AS STUPID

An investor who takes a chance on the brand new Motley Fool
Independence Fund before it proves that it can deliver on the big talk
of its founders would be making the Stupid Investment of the Week.

EVEN LOSING FUND MANAGERS GET LUCKY SOMETIMES

Being a star mutual-fund manager doesn't part the red rope the way it
once did, so it's almost nostalgic to see some of the old boldface
names in the limelight again. The stock market's rally has burnished
-- at least for now -- the reputations of managers whose funds
suffered more than most in the market meltdown.

U.S. STOCK MARKET HOPES TO DRAW LIFT FROM TECH

As U.S. stocks steer a path toward a fourth consecutive week of
declines, the technology sector flirts with positive territory ahead
of earnings reports due from several of the sector's big names next
week.

OIL FALLS BELOW $60, HEADING FOR SHARP WEEKLY LOSS

Crude-oil futures slip lower, with investors cautious that prices
could resume their downtrend if global economic recovery hopes fade.

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