Geely to Buy Volvo for $1.8bn
Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.

Airtime: Mon. Mar. 29 2010 |
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.

Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.

Discussing Microsoft’s new mobile phone software, with CNBC’s Jon Fortt, and Steve Ballmer, Microsoft CEO.

McDonald’s has restaurants in more than 100 countries, which serve than than 50 million people a day. CNBC’s Carl Quintanilla talks to CEO Jim Skinner about the fast food chain’s global reach.

Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.

Chris Whalen, of Institutional Risk Analytics, and Richard Bove, of Rochdale Securities, discuss the future of the financial sector and which stocks they are placing their bets on.

SEC Chairman Mary Schapiro discusses actions the agency is considering to prevent market drops like the one that happened last week.