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121.

U.S. Stocks Tumble in Early Trading
U.S. stocks dropped at the open on Monday after the Federal Reserve cut its discount interest rate at an emergency meeting and JP Morgan Chase & Co. agreed to buy Bear Stearns Cos. for $2 a share, fueling fears that the global credit crisis is spiraling out of control.
17 Mar 2008

122.

Stocks Waver in Aftermath of Bear Deal
Wall Street clawed back from sharp losses Monday, with investors snapping up bargain stocks after JPMorgan Chase & Co. bought stricken Bear Stearns & Co. in a deal backed by the government. The Dow Jones industrials, down nearly 200 points in the early going, fluctuated in and out of positive territory.
17 Mar 2008

123.

After Bear Stearns Rescue, Who's Next?
With Bear Stearns seemingly gone, investors pondered who might be next. Lehman Brothers Holding Inc. stock lost 21 percent Monday, following a 15 percent drop on Friday.
17 Mar 2008

124.

Stocks Down After Bear Stearns Deal
Wall Street clawed back from sharp losses Monday as investors snapped up bargain stocks following JPMorgan Chase & Co.'s government-backed buyout of the stricken investment bank Bear Stearns Cos.
17 Mar 2008

125.

Stocks Pull Back on Bear Stearns Deal
Wall Street retreated Monday as Wall Street and other global markets reacted to JPMorgan Chase & Co.'s government-backed buyout of the stricken investment bank Bear Stearns Cos.
17 Mar 2008

126.

BearingPoint Names David Hunter As COO
Management and technology consulting firm BearingPoint Inc. said Monday that it named David Hunter as its chief operating officer. Hunter, who worked for consulting firm Accenture Ltd. for over 30 years, will head the company's global operations and work to broaden its growing Asia-Pacific business.
17 Mar 2008

127.

Bear, Credit Fears Sink Stocks at Open
Stocks are tumbling in early trading as nervous investors retreat following JPMorgan Chase & Co.'s buyout of faltering investment bank Bear Stearns Cos.
17 Mar 2008

128.

Ratings Agencies Boost Bear Stearns
Ratings agencies, which took a sharply negative view of Bear Stearns Cos. Inc. just last Friday, turned positive Monday after Bear's sale to JPMorgan Chase & Co. at a massive discount.
17 Mar 2008

129.

Fitch Upgrades Bear Stearns
Fitch Ratings upgraded Bear Stearns Cos. Inc. on Monday after the beleaguered investment bank agreed to an emergency sale to JPMorgan Chase & Co. at a steep discount.
17 Mar 2008

130.

Bear triggers market panic
Market volatilities will remain very high in the short term following the collapse of Bear Stearns
17 Mar 2008

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