Like a financial Pied Piper, European Central Bank President Mario Draghi could call the tune for markets Thursday.» Read More
Stocks rose sharply Friday, led by industrials, after investors digested through the results of the EU bank stress tests and embraced a handful of encouraging U.S. earnings reports from earlier this morning. GE jumped after the firm raised its quarterly dividend.
Most of the largest European banks, are well capitalized but these results "can't begin to tell the full story," Cohen said.
Which stocks should investors be buying into next week? Dennis Wassung, portfolio manager at Cabot Money Management, and Alan Valdes, vice president of DME Securities, shared their best plays.
Large debt loads can weigh on a company's balance sheets, but a firm not having debt doesn’t necessarily mean it’s a money-making business. So are debt-free companies good investments right now? Doug Sandler, co-founder of Riverfront Investment Group, discussed his insights.
The over-under for the European bank stress tests are 12 out of 91 fail the tests and need capital injections. Unlike the US stress tests, the European tests didn’t tell us the metrics or guidelines before the tests were run. This has generated uncertainty over exactly how these banks are going to perform.
Take a look at why these six stocks are worth watching.
Stocks mostly fell on Friday as investors sorted through the latest batch of earnings. Can the July market gains continue? Steven Stahler, president of Stahler Investment Group, and Roy Williams, CEO of Prestige Wealth Management, discussed their insights.
Buy a Mac computer at your nearest Apple Store and receive a free 8GB iPod Touch! Just bring the acceptance letter, and you get to participate in one of the better "Back to School" campaigns in recent memory.
Here's what analysts and others say they're watching before the bell Friday.
Is it time to move to coins? Share your opinion.
U.S. stock index futures struggled to find direction ahead of the open Friday as investors waited for results from the European Union's bank stress tests and the next batch of corporate earnings.
Wall Street will be closely watching the results of the European bank stress tests on Friday even as the deluge of earnings continue.
Rating agencies are concerned about legal liability under the new financial regulation guidelines—though it seems the SEC may have addressed those worries late Thursday.
Stocks logged their best day in two weeks Thursday as a strong batch of earnings reports revived optimism about the economic recovery. Regional banks rallied.
If you are going to make money in this market, you have to think range trading. In a rangebound market, buying and holding or shorting and holding will not work as the market will simply churn while you wait. Like all things in the market, this will change. But for now, if you care to make money, that is the trade the market is providing, according to this report by TheStreet.
Ben Bernanke threw a curveball in his midterm report to Congress this week. The Fed view of the economy has been downgraded since it last reported in February. Although the official Fed forecast for 2010-11 is still 3 to 4 percent real growth, Bernanke sounded particularly gloomy when he characterized the economy as “unusually uncertain.”
Friday at noon, New York time, 91 banks in Europe will reveal how strong they would be if the region went back into recession over the next two years and the sovereign debt they hold plunged in value.
Option prices are implying a 4.5% move in the post-market for Microsoft, slightly more than its historical average of 4%.
Some of Goldman Sachs' most important stock picks last quarter have fallen flat. But several of its so-called conviction-buy recommendations from last year have outperformed stock-market benchmarks many times over. Some may even rise further, according to Goldman's analysts.
Federal Reserve chairman Ben Bernanke returned to Capitol Hill on Thursday, repeating yesterday's testimony before the House members. Randy Bateman, portfolio manager at Huntington Situs Trust Fund discussed his insights on Bernanke's testimony and the Fed’s outlook.