Exxon Loses AAA Credit Rating As Oil Prices SlumpLow oil prices have helped cost Exxon its pristine AAA credit rating from Standard & Poor's, a label which it had held for over six decades. S&P said that it lowered Exxon's rating one notch.
Investors Left Gasping After Wild Stock Market RideU.S. stocks took it on the chin for a third session in a row on Monday, after an attempted bounce-back lost steam, leaving the Standard & Poor's 500 Index in a correction.
Southwest Airlines Meets 2Q Profit ForecastsDallas-based Southwest Airlines Co. on Thursday reported second-quarter profit of $608 million.
Budget Deal Sends Stocks Shooting HigherStocks are moving sharply higher on Wall Street after lawmakers reached a last-minute budget agreement to avert sweeping tax increases and cuts to government spending programs.
JCPenney Is Biggest S&P Stock Loser J.C. Penney Co. executives may be confident in the department-store chain's everyday pricing strategy, but investors are panicking. The Plano-based company's stock fell nearly 11 percent on Monday.
Dow Jones Topples 634 Points On First Day Since DowngradeStocks are plummeting at the close after anxiety overtook investors on the first trading day since Standard & Poor's downgraded American debt.