The market may have rallied, but Mad Money host Jim Cramer thinks that's just the beginning of Yellen's impact.» Read More
Stocks trimmed some of its earlier losses but remained lower Thursday, led by financials, following a pair of tepid manufacturing reports that overshadowed strong earnings results from JPMorgan.
The flat market for mergers and acquisitions is unlikely to see a lift any time soon, the global head of M&A at Morgan Stanley said Thursday.
The dollar index was down more than 1 percent, and the dollar was falling against the euro, yen and sterling. Improving news out of Europe and a short squeeze are also combining to drive the euro more than a percent higher against the greenback, towards its highest levels since early May.
Big bank stocks: Unless we get shocking news in the next day or so, it's already clear what's going on. The good news: 1) credit is better; 2) there's higher capital, higher reserves. Now the bad news...
BP and Apache are closing in on a deal. Apache's financing for the deal is key. Bankers tell me the company is seeking a bridge loan between $6 and $7 billion for the purchase.
Recent data underscores what should be obvious by now: that this recovery will be three steps forward and two steps back.
It is the season for economic forecasts, and I have been polled by several published surveys. Like other forecasters, I see growth too weak to create enough jobs to pull down unemployment-private sector jobs could even stagnate. The risk of a double dip is at 50 percent. If that happens, the economy likely will stay down for many years.
Shares of KKR, the parent of private equity firm Kohlberg Kravis Roberts, are finally trading on the New York Stock Exchange, three years after it initially sought the US listing.
Stocks were lower on Thursday following signs that the recovery remains tepid, even as companies report strong earnings. So where should investors look to put their money amidst the uncertainty? Jay Leupp at Grubb & Ellis AGA and Harry Clark of Clark Capital Management Group discussed their views.
We believe the Fed has a much firmer appreciation of the risks than the Japanese ever did. We believe that the Federal Reserve is fully engaged and is more concerned about the threat of deflation than inflation.
Stocks fell on Thursday after disappointing manufacturing reports spread worries about the economic recovery. Barbara Marcin, portfolio manager at Gabelli Blue Chip Value Fund, shared her insights.
Stocks skidded Thursday after a pair of disappointing manufacturing reports fanned worry about the economic recovery.
Today's six stocks worth watching.
Carlyle approached NBTY with an offer in early May, according to people familiar with the deal. NBTY moved to a limited auction, quickly after Carlyle jumped the process with a $55 a share offer. NBTY accepted, and has a 35 day go-shop.
S&P 500 futures dropped about 5 points as the NY Fed Empire Manufacturing Index came in below expectations, PPI showed greater deflationary pressure than expected, and while initial jobless claims were lower than expectations, continuing claims were higher than expected. JPMorgan reported earnings of $1.09, solidly above consensus of $0.70.
Here's something you can bank on. If the financials don't trade higher, this market is going nowhere fast.
Financial regulation reforms, now in the last stages before becoming law, will mean that millions of people will lose access to banking services, Dick Bove, banking analyst at Rochdale Securities, told CNBC Thursday.
Here's what analysts are saying about the rest of 2010.
JPMorgan Chase's results do not reflect a rebound in the bank's fortunes as much as the fact that it took money out of reserves, Dick Bove, banking analyst at Rochdale Securities, told CNBC Thursday.
U.S. stock index futures turned positive ahead of the open after JPMorgan posted better-than-expected earnings for its second quarter, offsetting growth concerns caused by dovish Federal Reserve minutes and moderating gross domestic product growth in China.