The Fast Money traders take a look at today's biggest market movers.» Read More
The master limited partnership asset class, as reflected by the Alerian MLP Index spacer, has dramatically outperformed its peers on a "traveling" twelve month basis: 25 percent versus the S&P 500 13.4 percent, Dow Jones Utilities Index 9 percent and Morgan Stanley's spacer REIT Index 16.6 percent, Darren Horowitz, managing director Energy Equity Research at Raymond James, told CNBC on Friday.
Federal officials charged with reviewing mergers under antitrust laws will keep working during a government shutdown.
Stocks added to modest losses Friday after news that Congressional leaders have not come to a budget agreement, which could lead to a government shutdown at midnight tonight. Cisco fell, while Merck rose.
Stock index futures rose ahead of the open Friday in what is expected to be another low volume session before earnings season kicks off in earnest with Alcoa's release after the market closes on Monday.
Australian Stock Exchange's (ASX) rebuff of a $7.8 takeover offer from the Singapore Exchange (SGX) was the wrong decision, said Kerry Series, Founder and Chief Investment Officer of Asia-focused fund management firm Eight Investment Partners.
Stocks closed well off the lows of the day after plunging in the wake of a powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. Caterpillar fell, while Home Depot rose.
A lengthy government shutdown could put a halt to some of the basic functions of Wall Street.
Stocks continued to trade lower ahead of the close, failing to rebound entirely after another powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. GE and Cisco fell, while Home Depot rose.
While the battle over the NYSE rages and we wait for a response from that exchange to the proposed $42.50 dual stock and cash bid from Nasdaq and Ice, it’s worth mentioning that among the most likely outcomes here is that the NYSE doesn’t get bought at all.
Roger Altman, chairman of Evercore Partners, told CNBC Thursday AT&T's deal for Deutsche Telekom's T-Mobile will be approved by anti-trust regulators. He also defended Berkshire Hathaway and Warren Buffett.
Stocks trimmed losses but remained down after news of a 7.4-magnitude earthquake east of Sendai Honshu, in northern Japan.
Stock index futures pared gains and traded flat despite news of a slightly better-than-expected drop in jobless claims and better-than-expected chain store sales, but also after largely expected news that the European Central Bank raised interest rates.
Bahrainis and expats living in the Kingdom of Bahrain have been living history over the past month as the events in Tunisia and Egypt inspired the mostly Shia majority in Bahrain to take the streets demanding political, economic and social reform.
Stocks closed higher amid rising prices for oil and gold, as the market hit new highs. Cisco and AmEx led Dow gainers, while Caterpillar fell.
Stocks added to modest gains in the last hour of trading amid rising prices for oil and gold, lifted by banks and technology. Cisco and AmEx led Dow gainers, while Caterpillar fell.
In March of 2009 the market hit the "generational bottom" and is now at the beginning of a "new secular bull market," Hank Smith, vice chairman, portfolio manager and CIO of Haverford Trust Company, told CNBC Wednesday.
An NYSE Spokesman told CNBC that a counteroffer for Nasdaq "is not an alternative we are considering, period."
Stocks gained Wednesday as commodity prices lifted mining stocks, and as tech stocks appeared to continue to benefit from M&A activity. Cisco and HP rose, while DuPont fell.
Stock index futures rose ahead of the open Wednesday as commodity prices continued to surge.
The "Mad Money" host said there are investing opportunities galore right now.
*Convicted of illegally trading Dell, Nvidia shares. Todd Newman, a former portfolio manager at hedge fund Diamondback Capital Management, and Anthony Chiasson, co-founder of hedge fund Level Global Investors, had been set to begin prison sentences later this summer.
TORONTO, June 18- Canada's Tim Hortons Inc is under mounting pressure from activist investors to boost shareholder value a few weeks before a new CEO takes over after a second hedge fund said it had amassed a big stake in the coffee and doughnut chain.
MONACO, June 18- Hedge funds, once seen as a quick route to riches for managers and investors alike, are trying to reinvent themselves as more socially conscious and make money all the same.