Tom Elliott, international investment strategist at DeVere Group, says stock markets will recover and he is still overweight equities.» Read More
Apple now down only 2.8 percent for the day on word Steve Jobs is taking another medical leave. Two points on this...
This is her first upgrade of a big bank since the 2009 upgrade of Goldman Sachs.
A recently rediscovered portrait by Andy Warhol will go up on the auction block next month at Christie's in London.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.
Investors can expect to see a stock-market rally in the short-term, said Phil Roth, chief technical market analyst at Miller Tabak, and David Hefty, CEO at Hefty Wealth Partners.
Apple's Chief Operating Officer Tim Cook is widely credited with streamlining the supply chain, managing inventories extremely well and helping the company stockpile about $50 billion in cash and short-term investments.
Here's why you should keep a close eye on these six stocks.
President Hu Jintao visits the United States, leader of an industrial juggernaut and heir apparent to American global economic leadership.
Citi was down 4 percent pre-open; after the open, the shares continued to drop. It was especially disappointing because...
US stocks looked set to open flat to negative on Tuesday, with Nasdaq futures under pressure from Apple and Citigroup weighing on the other major indices.
Those who have been waiting to buy Apple on any sort of pullback will finally get their chance when the stock resumes trading this morning.
See what's happening, who's talking and what will be making headlines on Tuesday's Squawk on the Street.
"For us to expect the kind of clarity of purpose and consistency that you'd get from the US on something like this, you’re not going to get it," Jim O'Neill, Chairman of Goldman Sachs Asset Management, told CNBC.
US public pensions face a shortfall of $2,500 billion that will force state and local governments to sell assets and make deep cuts to services, according to the former chairman of New Jersey’s pension fund, reports the Financial Times.
Albert Edwards, a global strategist at Societe Generale well known for his bearish stance, said late Monday he has got it wrong and that he has been too bullish.
While last year was full of market roiling events, 2011 will be equally chaotic because the financial crisis has not been resolved, according to Nick Beecroft, senior markets consultant at Saxo Bank.
With the cashlevels on the balance sheets of S&P 500 companies at their highest level for 60 years, companies should start buying, Bruno Verstraete, CEO of Nautilus Invest in Zurich, said Monday.
The P/E for the S.& P. 500-stock index, based on 2011 estimated operating earnings, stands at 13.3, down from the 15.1 at this time last year. The New York Times reports.
As stocks climb to multi-year highs, investors are increasingly expecting a pull back, despite the promise of a good earnings season.
Stocks were on pace to hit new highs again as financials and technology stocks advanced in the wake of strong earnings reports from JPMorgan and Intel. BofA and AmEx rose, while Merck fell.