MarketFoolery: 08.02.2012

Published: Aug. 2, 2012, 7:12 p.m.

GM reports a big loss in Europe.\xa0\xa0 Abercrombie & Fitch reports unfashionable earnings.\xa0\xa0 Green Mountain Coffee serves up weaker-than-expected sales and lowers guidance.\xa0 And Beam serves up strong sales.