Sandy Villere, Villere & Co. co-portfolio manager, discusses the impact of colder weather on Conn's business. "This is going to be a great opportunity when they get the credit problems under control," he says.» Read More
We can make money by selling small cars in U.S. with our new global platform, said Alan Mulally, Ford Motor CEO.
Power generating company Duke Energy has been hurt by the recession showing a 26 percent profit fall in the first quarter.
Eric Ross, director of equity research at Canacord Adams and Brian Belski, chief investment strategist at Oppenheimer said now is the time to get into the market, and that investors should be putting their cash to work.
Warren Buffett started the second half of today's question-and-answer session with Berkshire Hathaway shareholders by giving them a preview of next Friday's earnings report for the first quarter.
The Obama administration will unveil measures to help homeowners and businesses modify second mortgages as well as primary ones.
The Obama administration is expected to unveil measures to help homeowners and businesses modify second mortgages as well as primary ones.
Excess inventory is the mortal enemy of housing prices, according to Richard LeFrak, president of the LeFrak Organization.
The United Auto Workers union has placed concession talks with General Motors on the back burner as it tries to reach a deal with Chrysler before an April 30 government deadline, two people briefed on the negotiations said Thursday.
The White House's auto task force thinks that GM's latest offers to bond holders and auto workers will leave the company with too much debt and want the terms reduced even further, CNBC has learned.
Wagoner's resignation comes as the company awaits president Barack Obama's reports on efforts to save GM and Chrysler.
An offer from GM is a "first shot, a starting point" for negotiations, said a GM bondholder told CNBC, but "there’s great disparity between the bondholders versus labor."
Saudi Arabia's domestic development efforts could provide a much-needed financial boost to firms outside of the Kingdom.
GM bondholders sent a letter to Treasury Secretary Timothy Geithner and the leaders of the auto task force Sunday expressing frustration that they have received no response from either GM or the auto task force regarding their suggestions for a near $28 billion debt exchange.
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Duke Energy is seeing extremely unusual call activity as its shares reach multi-year lows. More than 33,000 calls traded at the April 12.50 strike against open interest of just 784 contracts by mid-afternoon Thursday. Why?
Autonation CEO Mike Jackson said today that despite the government’s push towards fuel-efficient vehicles, the creation of green cars will not spur auto sales.
Christophe de Margerie doesn't see a bounce back this year, saying 2010 is more likely.
Talk of more bank nationalizations and dampening economic data dragged global stocks to 3-month lows Friday. In the current market volatility, experts tell CNBC where they see short-term investment opportunities.
OPEC should look to reduce oil supply further if demand is insufficient to absorb supplies, Iraq's oil minister said on Tuesday.
“The current situation has nothing in common with the Great Depression,” says one economist. “The sooner they [in Washington] stop spinning the bad news story and say nothing, the sooner we’ll be more confident.”