DOWN

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Benetton founder steps down for son

Luciano Benetton will hand over the helm of the Italian fashion clothing company he helped found 47 years ago to his son this week, he said in an interview published on Sunday.

Disney film studio chief Ross steps down

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Rich Ross stepped down as chairman of Walt Disney Co's movie studio after a less than three-year run that included the release of John Carter, one of the biggest flops in recent Hollywood history.

Pressure on Chesapeake mounts, shares down

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Chesapeake Energy Corp CEO Aubrey McClendon has been sued by a shareholder over potential conflicts of interest on the same day that a Wall Street analyst urged leadership changes at the company.
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Playtech down as it eyes deal with top shareholder

Playtech, the world's biggest provider of online gaming software, plans a string of acquisitions as it branches out into the social gaming market but news that it will be buying the businesses from its main shareholder unnerved investors.
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Boeing bears down on 737 fuel-savings target

Boeing Co on Wednesday put some finishing touches on a make-over of its popular 737 aircraft as the U.S. planemaker battles with European arch-rival Airbus to deliver fuel savings to airlines hammered by near-record oil prices.
George Zimmerman To Be Charged

George Zimmerman's Lawyers Step Down: 'We Lost Track Of George'

George Zimmerman's lawyers announced on Tuesday that they are stepping down from representing him in the shooting case of Trayvon Martin, an unarmed black teenager. They said at a Florida news conference that they are dropping Zimmerman, a former neighborhood watch captain, as a client after they lost contact with him and he spoke with a television talk show host and contacted a prosecutor. The lawyers had expressly told Zimmerman not to have contact with anyone, the Washington Post reported....
Traders on the floor of the New York Stock Exchange

Wall Street Plummets Below Key Support Level

Wall Street felt tremors Tuesday afternoon as the S&P 500 Index, Nasdaq Composite Index and Dow Jones Industrial Average both dropped precipitously following declines in European equity markets.
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Freddie Mac $2 billion bill sale-rates up, demand down

Freddie Mac , the No. 2 U.S. home funding company, said on Monday it sold $2 billion of reference bills at higher rates and weaker demand compared with the last week's sale of similar maturities.
File photo shows the headquarters of mortgage lender Freddie Mac in McLean

U.S. Mortgage Rates Edge Down To 3.98%: Freddie Mac

U.S. 30-year fixed-rate mortgages declined slightly to 3.98 percent in the week ending April 5 as recent economic indicators were mixed, mortgage finance giant Freddie Mac said Thursday.
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Wall Street down on stimulus doubts, Spain debt sale

Stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning.
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Wall St down on stimulus doubts, Spain debt sale

Stocks fell for a second day on Wednesday as investors contemplated a world without monetary stimulus and a poorly received bond auction in Spain suggested the effects of Europe's funding operations were waning.
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Fiat sees Europe car sales down for fifth year

European new car sales will decline for the fifth year in a row in 2012 to 13 million vehicles, Fiat Chief Executive Sergio Marchionne said on Wednesday, as the group moved a step closer towards a full-blown merger with U.S. automaker Chrysler.
Traders work on the floor of the New York Stock Exchange

Markets Tailspin On New Greek Bank Woes

Stocks and commodities plunged Wednesday after the head of the European Central Bank -- a lynchpin in the euro zone's effort to contain the effects of its sovereign debt crisis -- suggested that some Greek banks will be left to collapse.
Honda Accord 2013

March Car Sales Plunge For Honda

American Honda Motor Co. Inc. lost ground as its sales dropped an adjusted 8.4 percent in March, compared to the year before, but the company did not provide any statement about the drop.
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Stock futures down after S&P hits 4-year high; FOMC eyed

Stock index futures fell on Tuesday after the S&P 500 climbed to a 4-year high in the previous session as investors awaited factory orders data and minutes of the latest Federal Reserve meeting.
Wisconsin protests

Federal Judge Strikes Down Parts Of Wisconsin Union Law

The unions argued that the law violated the U.S. Constitution by taking away workers' rights to bargain and organize, and discriminated against certain public-sector employees while exempting others, such as firefighters and police officers.

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