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    Last update: December 22, 2009

    +ADRs lose ground, tugged lower by weakness on Wall Street
      SAN FRANCISCO (MarketWatch) -- U.S.-listed securities of overseas companies fell on Wednesday, pulling back in tandem with Wall Street after Alcoa Inc., the world's second-largest aluminum producer, reported a third-quarter profit that missed expectations.

    +Chevron shares under pressure after profit warning
      NEW YORK (MarketWatch) -- Chevron Corp. shares came under pressure Wednesday after the oil giant warned investors to expect third-quarter net earnings "significantly below" the record $5.4 billion it posted in the previous quarter.

    +Chrysler workers walk out on the job
      SAN FRANCISCO (MarketWatch) -- Chrysler LLC workers walked away from the assembly lines on Wednesday after the automaker failed to reach an accord with the United Auto Workers ahead of the strike deadline.

    +Lehman grows cautious on semiconductor equipment
      SAN FRANCISCO (MarketWatch) -- Worries about an economic slowdown and the "commoditization" of semiconductors led Lehman brothers to downgrade a trio of chip equipment makers Wednesday morning.

    +Boeing 787 delay is disappointing, but not yet a huge problem
      LONDON (MarketWatch) -- Word from Boeing Co. on Wednesday that it will delay the first deliveries of the 787 Dreamliner may be a big disappointment to the company and its customers, but is hardly a surprise.

    +Boeing delays 787 Dreamliner deliveries by six months
      SAN FRANCISCO (MarketWatch) -- Boeing Co. said Wednesday it would delay first deliveries of its 787 Dreamliner by six months after running into assembly problems, confirming recent speculation that its ultratight testing phase would make scheduled deliveries impossible.

    +Warnings and misses send Wall Street lower
      NEW YORK (MarketWatch) -- Wall Street on Wednesday gave back a piece of Tuesday's record gains after blue-chip aluminum producer Alcoa Inc. fell short of earnings estimates and International Paper Co. issued a profit warning.

    +Mortgage servicers aim to head off foreclosures
      WASHINGTON (MarketWatch) -- Banks and mortgage companies are ramping up efforts to head off a wave of foreclosures by expanding and improving counseling services to troubled borrowers, the institutions and the U.S. government announced Wednesday.

    +Nasdaq launches smaller-cap version of 'Cubes' ETF index
      BOSTON (MarketWatch) -- A "Cubes Jr." exchange-traded fund may be in the works.

    +Valero joins parade of profit warnings in energy sector
      NEW YORK (MarketWatch) -- Valero Energy Inc. joined Wednesday the parade of big oil refiners issuing profit warnings, becoming the latest victim of higher crude prices squeezing margins.

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