Updated from 7:01 a.m. EDT
Not surprisingly, the Labor Department reported on Thursday that new claims for jobless benefits increased more than expected last week as companies cut jobs due to the slow economy. The
quoted Federal Reserve Chairman Ben Bernanke on Monday as stating that the economy is "likely to be weak for several quarters ... with some risk of a protracted slowdown."
Is this surprising to anyone?
is reportedly cutting a whopping 10%, or approximately 3,260 jobs, of its workforce. Again, not surprising.
But has the market discounted this? How do you play the wild swings in names such as
Bank of America
With this in mind, we thought we'd take a look at some of the stocks people have been searching for on
National Oilwell Varco
, and see what
To read more,
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