Some of the names on the move ahead of the open.» Read More
Banks and other mortgage lenders could be on the hook for at least $97 billion because of the poor and possibly illegal handling of mortgages that surfaced during the current foreclosure mess, according to mortgage securities specialists.
In the Columbia Business School newsletter Graham and Doddsville, aspiring Buffetts write-up their stock ideas. Here is a look at two pitches in the fall edition.
Treasurys, which have been trading poorly for several weeks, are down again today...the possibility of a very modest QE2 program from the Fed (see the Hilsenrath piece in the WSJ this morning) is pushing the dollar up and pressuring commodity, industrial, and energy stocks.
The Fed is expected to make an announcement on quantitative easing a week from today. Sentiment is now shifting the stimulus won’t be as much as previously expected. So, what does that mean for investors? Jim Meyer, CIO and co-founder of Tower Bridge Advisors and Jim Iuorio, director at TJM Institutional Services shared their insights.
Stocks extended their losses Wednesday as concerns grew after a report suggested that the Federal Reserve's next round of quantitative easing will be less aggressive than expected. Home Depot and HP fell, while BofA and AmEx rose.
The two stories related to mortgages do not have a great deal in common, other than tracing their lineage to the home loans of dubious provenance that were doled out to anyone with a pulse between 2005-07 and quickly packaged up into securities and sold by Wall Street to accounts around the planet.
Cotton prices are rising dramatically. Analysts say several factors are involved in this historic move, and the macro picture for cotton is more complex than a simple weak dollar, strong commodity play.
Here's why you should keep a close eye on these six stocks.
They're not just household names but also vivid illustrations of how closet indexers can destroy your wealth, and here's why.
Barely eking out a gain yesterday, the index is now up 5 straight days heading into today’s session. Even though it has been nearly a straight ride up for the markets over the last 2 months, the S&P’s current winning streak is its longest since July, when it was up 6 straight days.
It’s arguably the most famous car in the world and it’s coming out of the showroom and onto the market for the first time ever.
U.S. stock index futures briefly extended losses Wednesday after durable goods orders rose more than expected in September, but fell when transportation equipment was excluded.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Northern Trust saw upside option activity yesterday after the U.K.'s Daily Mail reported that the asset management and banking firm might be a takeover target.
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Chinese banks are "a good place to be," Emerson Yip, Greater China fund manager at JP Morgan said on CNBC.
As the Fed's November meeting approaches, the markets are increasingly concerned that the central bank is cooking up inflation with its new easing plan.
Berkshire Hathaway would have been wiser to outsource investing advice to hedge funds rather than hire a manager whose experience is concentrated in one sector, another fund's manager told CNBC Tuesday.
While profits fell in its fiscal fourth quarter, TD Ameritrade President and CEO Fred Tomczyk told CNBC Tuesday that it had “plenty of capacity,” including $1.1 billion in liquid assets, to spend on acquisitions.
Stocks ended slightly higher, but remained at about the same place where they started Tuesday as investors held steady under a raft of earnings in anticipation of next week's elections and likely announcement of a new economic stimulus program from the Federal Reserve.