DOWN

Chinese social networking site Renren Inc posted a small quarterly profit as online advertisement segment rose, but forecast third-quarter revenue largely below market expectations, sending its shares down 8 percent in aftermarket trade.

Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.

The U.S. Department of Defense has officially identified the 30 servicemen, 22 of them part of the Navy SEALs commando unit, Team Six, who died Saturday in Afghanistan when their CH-47 Chinook helicopter was shot down by the Taliban.

Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.

Secret exploratory peace talks between the United States and the Taliban have reportedly crumbled after details of the negotiations were leaked.

News Corp reported a lower quarterly profit on Wednesday as weaker box office and DVD sales offset a strong performance by its cable and television business.

NATO forces killed the Taliban insurgents who shot down a Chinook helicopter on Saturday, which resulted in the death of 38 Afghan and American troops, to inlcude 22 SEAL Team 6 members. The commander of U.S. and coalition forces in Afghanistan said coalition forces used a precision airstrike to kill the insurgents involved in the Aug. 6 downing of the helicopter.

Gloomy comments from South Africa's central bank on the impact of global financial turmoil on the country's capital formation, key to growth, were the backdrop to a fall in bond yields and a volatile day for the rand, which ended down against the dollar.

The dark angels of anti-security, hacker collective Anonymous, have set eyes on Facebook for its alleged large-scale security violations and sell-off of private individuals' data to government agencies.

Cablevision Systems Corp added fewer Internet subscribers than expected and lost video subscribers in the second quarter sending its shares down as much as 12 percent in early trading on Tuesday.

World stocks sank sharply for a 10th session running on Tuesday, racking up a bear market 20 percent loss since early May, fueled by fears of a new global downturn.

World stocks sank sharply for a 10th session running on Tuesday, racking up a 20 percent loss since early May, and gold hit another record high as investors continued to dump riskier assets in highly volatile markets.

BlackRock will use profits it is making in gold and bond markets to seek out bargains in falling global equity markets, James Holt, investment strategist at the world's largest money manager, said on Tuesday.

A helicopter that crashed two days ago, killing 38 people in the worst single incident in 10 years of war in Afghanistan, was carrying elite troops sent to help comrades in a firefight when it was likely hit by a rocket fired by the Taliban, NATO forces said Monday.

Tyson Foods Inc reported a smaller quarterly profit due to higher feed costs for its chickens and higher prices for the cattle and hogs it buys for its beef and pork plants, and the company expects its chicken business to post a loss in the current quarter.

The Federal Aviation Association issued a statement Friday that no refunds will be given for ticket holders who flew during the temporary FAA hiatus. Meanwhile, airlines will not be able to keep the $400 million windfall in increased ticket prices; says IRS is to blame.

More than 20 SEAL Team 6 members perished in a helicopter crash when Taliban insurgents shot down a NATO Chinook troop transport, possibly with a rocket-propelled grenade over eastern Afghanistan on Saturday.

As the fall release of iOS 5 - the latest version of the world's most advanced mobile operating system - approaches, iOS 5 beta 5 was released today for developers to download at Apple's iOS developer website. In the meantime, Apple reportedly started to close the accounts of some iOS 5 developers for selling their slots for UDIDs, the unique identification numbers associated with every iOS device.

There?s no getting around it: In much of the country, this is a terrible time to unload your home.

Cleveland starter Justin Masterson got off to a rough start against his former team Boston on Thursday but found his range to strike out nine and lead the Indians to a 7-3 win over the Red Sox at Fenway Park.

South African government bonds extended a recent rally on Thursday, gaining sharply on the back of worries about the global economy that saw investors running to safer assets.