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What's moving the markets today
Hot Stocks
Jul 16 9:40am ET †
Company Name Price Change / %Change

ANN Ann Taylor Stores Corporation The women's clothing retailer said its supply chain chief, Anthony Romano, has resigned and that it has expanded the role of two other executives. 21.91 +0.33 / +1.53%

ESLR Evergreen Solar Inc The maker of wafers used in solar-power panels won a $1.2B contract to supply installer IBC Solar AG of Germany, bringing Evergreen's backlog to more than $3B. 10.19 -0.02 / -0.20%

FRE Freddie Mac Hedge fund manager William Ackman said he is betting Freddie and Fannie will keep slumping and proposed a reorganization that would wipe out shareholders. 5.89 +0.63 / +11.98%

GM General Motors Corporation The automaker announced that it would suspend its dividend, cut 20% of its workforce and sell off between $4B and $7B of its assets. CEO Rick Wagoner called the decisions "difficult," but said they were necessary for its survival. 10.16 +0.32 / +3.25%

JNJ Johnson & Johnson The consumer products giant said second-quarter profit jumped 8% to $1.17 per share on sales of consumer health and medical products, beating analysts’ expectations. 67.88 +0.18 / +0.27%

KMB Kimberly-Clark Corporation The maker of Huggies diapers and Scott paper towels said full-year profit will be below its previous forecast because of surging costs. 54.44 -0.57 / -1.04%

NCC National City Corporation The regional lender is under pressure after federal regulators moved to seize IndyMac Bancorp. 3.72 +0.13 / +3.61%

USB US Bancorp Del The multi-state financial services holding company with its largest presence in the West and Midwest, posted an 18% drop in quarterly net income, worse than analysts expected, as it tripled its provision for credit losses. 23.51 +0.81 / +3.56%

VIA Viacom Inc New A $450M film-financing deal between Viacom Inc.'s Paramount Pictures and Deutsche Bank AG has fallen through. The studio will now either turn to other co-financing arrangements to fund the films, or pick up more of the tab itself, according to an executive at the studio. 27.96 -0.19 / -0.67%

WB Wachovia Corp Oppenheimer & Co.'s Meredith Whitney, the analyst who predicted Citi would reduce its dividend this year, said the earnings outlook for bank has ``dramatically diminished'' and prospects for its shareholders are ``bleak.'' 9.58 +0.50 / +5.51%