I think today DOW jones shall crash.
Circuit City (CC 0.11, -0.14) filed for Chapter 11 bankruptcy protection due to stiff competition and financial market disruptions that limited the retailer's access to credit.
Goldman Sachs (GS 72.64, -5.14) has its fourth quarter earnings estimates cut to a loss of $2.50 per share from a profit of $2.71 at Barclays.
Ford Motor (F) had it price target cut to $1 from $4 at Credit Suisse.
Deutsche Post AG plans to close all of its DHL Express service centers, cut 9,500 jobs in the U.S. and discontinue U.S.-only domestic land and air shipping.
Deutsche Bank downgraded GM to Sell from Hold and cut its price target to
$0 from $4, noting without government intervention, GM may not be able to fund its U.S. operations beyond December.
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u say leh? ...