Jim Awad, managing director at Plimsoll Mark Capital, discusses the weaker finish and anemic trading volumes on Wall Street last week.» Read More
Stocks ended at new record highs as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Bank of America rose, while Disney fell.
Stocks traded off the highs of the day, but remained significantly up, as the Federal Reserve reported improving economic conditions across the country, and as upbeat earnings outlooks for banks lifted investor sentiment. JPMorgan and Boeing rose, while Alcoa fell.
What's up with Arch Coal preannouncing negative results? You would think that with global coal demand expanding, and with the Queensland, Australia floods, there would be all sorts of positive comments from coal producers. They're not alone.
Wells Fargo boosted the financial sector to “overweight” from “market weight.” Matthew Burnell, senior analyst at Wells Fargo, cited superior earnings growth and lower event risk for the group.
The overall financial sector “looks great” this year, said Bill Spiropoulos, CEO of CoreStates Capital Advisors, a wealth management firm.
Stocks gained on a brighter outlook for banks ahead of earnings releases, and as debt troubles in Europe eased after a successful Portuguese bond offering. JPMorgan and Bank of America gained.
Investors shouldn’t let airlines’ performance during bad weather, like the snowstorm this week, determine whether they invest in the industry, analyst Matt Jacob told CNBC Wednesday.
This year should be a “good year” for banks, said Jeffrey Harte of Sandler O’Neill.
Everyone loves to hear good news. Everyone loves to hear why they're right. But if you want to make money in the market, as I did for a decade at Neuberger Berman, then you need to listen to why you might be wrong about a stock, and here's why.
Here's why you should keep a close eye on these six stocks.
U.S. stock index futures gained ahead of the open Wednesday and remained higher after Portugal successfully auctioned government debt, relieving some of investors' concerns about the state of the euro zone debt crisis.
Financial analyst Meredith Whitney is sticking by her call that the nation's municipalities face a wave of defaults, despite a wave of criticism over her prediction that hundreds of local governments would not meet their obligations.
Much of the improvement in market fundamentals has been priced in and investors should not get too excited about the decidedly positive tone so far in 2011, according to Brian Belski, the chief investment strategist at Oppenheimer Asset Management.
Defense contractor ITT says it will split itself into three publicly traded companies, separating its defense and information business, its water technology unit and its industrial products business.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Chinese reverse mergers continue to be in the headlines as of late, causing investors to take notice and, as a result, these special types of mergers have come under increased scrutiny.
Latin America is a “very underestimated area of opportunity” for business, Chris Viehbacher, CEO of the drugmaker Sanofi-Aventis, told CNBC Tuesday.
Stocks closed up modestly, easing off the highs of the day, as upbeat earnings reports and rising commodity prices gave a lift to the market. BofA and Intel rose, while Verizon fell.
The market seems to be saying that it is not sure where the growth will come from this year. December was fair, not great; now we are going up against tougher comps, and stocks are more expensive.
Stocks gained, although they traded down from the highs of the day, following a handful of positive earnings reports and rising commodity prices. BofA and Intel rose, while Verizon fell.