*China Q1 GDP growth slows to 7.4 percent. *Ukraine sends troops east to fight separatist militia. SINGAPORE, April 16- Brent crude edged towards $109 a barrel on Wednesday, coming off a six-week high as mixed Chinese data and a gradual resumption of Libyan oil exports offset support from the Ukraine crisis.» Read More
Good morning all. We're starting this last day on the rough side as more than half of our Million Dollar contestants lost ground Thursday in a volatile market. All of our finalists are fully invested, with the exception of #15, Chuck Chow who is all in cash. Nancy Beaumont holds first place for the 4th straight day on the 9% gain of Gymboree. Nancy may hold onto the top spot with her almost all-in trade on Verigy, a Singapore-based maker of test systems for the semiconductor industry, which beat estimates after the bell Thursday. Verigy was up almost 10% in extended hours.
Gasoline prices climbed and crude prices fell after another round of outages at U.S. refineries stoked supply concerns ahead of Memorial Day weekend, the unofficial start of the summer driving season.
High energy prices may be tough on consumers -- but Leo Mariani wants "Power Lunch" viewers to profit from them. The senior equity analyst at RBC Capital Markets joined CNBC's Bill Griffeth to tout the energy stocks he likes.
Stocks ended broadly lower and the Dow fell for the fourth straight session after strong economic data lowered the odds of a near-term cut in interest rates. "The market was looking for a reason to pull back," said Brian Belski, chief U.S. strategist at Merrill Lynch. "Coming into the holiday weekend, it's not surprising that we're seeing some weakness."
Well, today is the biggest day for our Million Dollar Portfolio Challenge contestants. The trades they execute prior to 4pm will be the last trades that will impact their total portfolio value based on their performance on Friday. Only $22K separates the top three positions. Nancy Beaumont holds first place for the 3rd straight day. Nancy looks like she may maintain her first position with retail company Gymboree. Joe Dondero is losing so far today on his all-in bet on Ansoft. It's down in a rather 'up and down day" on the Street. But like Nancy, 3rd place holder Serge Amelyan is getting the benefit from Gymboree's rise.
Hey folks, here's one of our last contest stock reports. And it's somewhat appropriate we do so as we are coming back full circle to the start of the contest with Fremont General once again on the actives list based on their news about its reorganization, selling a unit, and installing new management. Here you go:
Good morning everyone. Today--Thursday--is a big day for our contestants. The trades they execute prior to 4pm will be the last trades that will impact their total portfolio value based on their performance on Friday. And, the race at the top gets tighter each day. Only $22K separates the top three positions. Nancy Beaumont holds first place for the 3rd straight day on the 9.75% gain of The Men's Wearhouse. Nancy looks like she may maintain her first position with Gymboree up almost 10% in extended hours.
Energy prices may be sky high, but don't let that get you down. There's money to made. Here's your guide to energy, the economy and the market.
Stocks closed lower as comments from former Federal Reserve Chairman Alan Greenspan and worries about upcoming economic data deflated a rally fed by takeover news. "The market's been held up by all of this M&A activity, not by fundamentals," said Ed Peters, chief investment officer at PanAgora Asset Management.
U.S. oil prices finished just below $66 Wednesday as U.S. warships put on a show of force off Iran's coast, coinciding with a United Nations agency report that said the Islamic republic had expanded its nuclear program.
The U.S. House of Representatives passed a bill Wednesday to charge firms and individuals fines and criminal penalties for so-called gasoline price-gouging. On “Power Lunch,” experts debated the bill's benefits to and impact on consumers.
Oil giants have used limitations on refinery capacity to boost its pricing power, one consumer advocate claimed on CNBC's "Morning Call" -- though the industry defends itself by pointing to "record" gasoline production.
U.S. Oil fell below $65 as easing concerns that of a potential U.S. gasoline shortfall ahead of peak driving season in the world's top consumer.
The current surge in oil prices is good news for some oil services and equipment stocks, according to Terri Campbell, Eastern Investment Advisors Managing Director. Cameron International and Weatherford International are two that Campbell paticularly likes.
I am told by a very good source that Wal-Mart's headquarters in Bentonville has no test kitchen. The company that sells everything, including the kitchen sink... has none. A vendor coming to demo food at the world's largest retailer of food has "to cook in the Sam's Club employee lunch room, then wheel it over next door to Wal-Mart to present it."
People just don’t believe Cramer when he says he thinks the Dow Jones Industrial Average will see 14,548 by year’s end. That’s why all week he’s breaking down each component of the index to show the nonbelievers from where the next 1,000 points is coming. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
McMoRan Exploration is the gambling man’s natural gas play, Cramer says. Here's why.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
U.S. oil services firm Halliburton is looking for major investors to take a stake in the company as it eyes around $80 billion in projects worldwide over the next five years.
Stocks ended mixed and the S&P 500 failed to close at a new record for the second straight session. "We started out a little weak, and then we had a nice little rally, but the buyers were already in and there was no place for stocks to go but down," said Tom Schrader, head of listed trading at Stifel Nicolaus. "It's indicative of the late stages of a bull market."
U.S. oil fell below $65 as easing concerns that of a potential U.S. gasoline shortfall ahead of peak driving season in the world's top consumer.
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