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Last Call: Best Buy CEO Steps Aside
10 Apr 2012 EDT - CNBC.com
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“You find out who your real friends are when you're involved in a scandal.“

-Elizabeth Taylor

Below, Best Buy CEO Brian Dunn may be finding out who his real friends are tonight after the revelation he resigned in the wake of probe into his "personal conduct."

Market Musings

  • Worst day of the year for stocks
  • Dow down 200+ points for 2nd time this year, at lowest level since February 2
  • Dow, S&P down 5 straight days, with the Dow having worst 5-day losing streak since August 2011
  • S&P 500 falls below its 50-day moving average for first time since mid-December
  • Nasdaq closes below 3,000, a threshold it hasn’t closed below since March 12
  • 10-year Treasury yield falls below 2 percent for first time since March 12
  • Apple crossed the $600B mkt cap for the first time today when it hit an intraday high of $644.00, before closing at $628.44, down 1.22% w/ a mkt cap of $586B. The next closest company is Exxon Mobile at $390B. Apple started the year with a market cap of roughly $378 billion. Year-to-date it is up 55.17%
  • What People are Talking About Tonight

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