A mergers and acquisitions resurgence is just starting to take hold and will eventually gain momenteum, Robert Spatt, partner at Simpson Thacher & Barlett told CNBC Thursday.
Stocks fluctuated Thursday after mixed economic news, including weak factory orders, but remained on track to post the best quarterly results in more than a decade. Intel fell, while Travelers gained.
Stock index futures fell more than expected despite news that jobless claims fell more than expected.
The "Mad Money" host said the market likes what it sees.
American Airlines investors and management are confounded by a bid from Sterling Global Holdings to take the airline private in a $9.75 a-share, roughly $3.25 billion. The issue: so far there doesn't appear to be anyone that has heard of Sterling despite its letterhead saying it has several offices around the globe.
Stock index futures slightly pared gains ahead of the open Wednesday after ADP reported strong gains in private-sector employment.
Cramer makes the call on viewers' favorite stocks.
Stocks ended just off the highs of the day Tuesday amid light volume and despite a couple of weak economic reports, as energy and telecom gained. Home Depot rose, while HP fell.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.