Market Overview

Zings Of The Day July 19, 2011

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Borders Group canceled an upcoming bankruptcy auction and will close its doors for good, as it liquidates. The final chapter is titled "End game." Or 50% off. Whichever works for you.

Bank of America Corporation (BAC) today reported a net loss of $8.8 billion, or $0.90 per diluted share. Shares fell despite a broader market rally. The company has since been renamed "Tank of America."

News Corp. (NASDAQ: NWSA) is considering elevating Chief Operating Officer Chase Carey to succeed Rupert Murdoch. The billionaire tyrant who made a fortune thanks to Bart Simpson. Couldn't happen to a nicer guy.

Posted-In: Rupert Murdoch Zings Of The DayEarnings News Management Events

 

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