PORTLAND, Maine— Maine fishmonger Glen Libby made a disheartening discovery on Easter Sunday brunch— the cold water shrimp on the menu at a restaurant up the street from his fish market were from Canada, not the northeastern New England states. Canadian imports of the sweet, quarter-sized crustaceans are turning up more in American restaurants and seafood...» Read More
Plus, Cramer makes the call on Nordic American Tanker, Terra Nitrogen and Goldman's future as a deposit bank.
A W-shaped recovery is more likely than a V-shaped one this year, and stocks look relatively attractive compared to other asset classes such as bonds, Juerg Zingg, managing partner at Q Investments, told CNBC.
The long economic boom, fueled by easy credit that allowed people to spend money they did not have, led to a huge oversupply of cars, houses and shopping malls, as recent months have made clear. Now, add one more item to the list: an oversupply of cows.
There are good buying opportunities in the equity markets right now, Daniel Stillhart, technical analyst at LB Swiss, told CNBC Monday.
I'm spending today, Christmas Eve, where the cattle are lowing as they gather around a manger. Makes sense. Except apparently the cattle are warming the earth too much.
Cramer makes the call on viewers' favorite stocks, including CF Industries, Gentex, SunTrust and others.
This stock should do well now that Barack Obama's won the White House.
Go bananas! There is a lot of incredible value out there, Clem Chambers, CEO of ADVFN, told CNBC when explaining why he has recently become a long-term bull.
These stocks wouldn't ordinarily offer such great yields, but the market's now made them much more attractive.
Archer Daniels Midland, one of the largest U.S. food processors and ethanol producers, reported sharply higher quarterly profit Tuesday, helped by higher selling prices and an accounting change.
A Goldman Sachs hedge fund that launched in January with over $6 billion under management lost close to $1 billion by September, according to the Financial Times.
A focus on ethanol could push this stock higher, Cramer says.
A Democrat in the White House could be just the boost this company, and the industry, needs. Check out Cramer's interview with the CEO.
Farm real estate is already starting to plateau in California, but Iowa realtor Randy Hertz says land in his part of the country is still selling at record prices. A farm he showed us was on the market for nearly $5,000 an acre.
Food and farming plays like Monsanto, Potash, Yara and Syngenta are good buys, along with health-care stocks such as Essilor, Stephen Pope, chief global market strategist at Cantor Fitzgerald Europe, told CNBC.
For the week ending Friday, October 3, 2008, the major U.S. Indices declined steeply on continued uncertainties over the financial bailout / rescue plan, concerns in the credit markets and more economic deterioration.
Do you know where your federal income-tax dollars go? The National Priorities Project does. Learn how each dollar is spent when it gets into Uncle Sam's hands.
For the week ending Friday, September 26, 2008, the major U.S. Indices tumbled for the week as uncertainty lingered over the Congressional $700B bailout package. We also witnessed a historic bank failure, unsatisfying housing data, a continued rise in jobless claims, and a record one-day gain in the price of crude. The S&P 500 and NASDAQ Composite shed more than 3% for the week. The NASDAQ had the worst weekly performance amongst the three major indices, losing 3.98%, followed by S&P 500 which lost 3.3%, marking their biggest weekly drops since the start of Sept. for the NASDAQ & since mid May for the S&P.
For the historic week ending Friday, September 19, 2008, the major U.S. Indices managed to close mixed and almost flat after one of the most volatile trading weeks ever, driven by the collapse of investment bank, Lehman Brothers, enormous government actions around the globe, and billion dollar deal making. In one week, the government bailed out AIG, pumped funds into money markets, and banned short selling of financials - all while keeping the Fed Funds target unchanged and taking unprecedented actions to halt the liquidity crisis. The CBOE Volatility Index (VIX) surpassed the benchmark level of 30, hitting an intraday high of 42.16 on Thursday, its highest level since 10/2002. The major indices were all up and down +/- 3% for 4 of the past 5 days. The Dow posted a 2 day point move of more than 778 points as of Friday’s close, after plummeting 811 between Monday and Wednesday and hitting 10,609.66, its lowest level since 11/9/2005. On Friday, The Nasdaq Composite recorded a 2-day point move of greater than 175 points after it closed down 109.05 points on Wednesday, its first triple digit decline for one day since it began trading after the 9/11 attacks. The S&P 500 flirted with record territory closing up 98.7 over the last two days, marking its biggest 2-day point move since 3/16/2000, the largest 2-day point move ever.
Rising fuel and food costs, the threat of job losses and disputes over pensions and pay are just some of the factors that sparked thousands of disgruntled workers to take action this summer.