As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.» Read More
A government watchdog is investigating government-owned GMAC Mortgage after a company employee admitted to approving thousands of foreclosures without reading the paperwork.
Up to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mess.
The Environmental Protection Agency is expected to raise the maximum amount of ethanol that can be blended with gasoline for vehicles manufactured since 2007.
Intel and CSX earnings beats could be positive for stocks Wednesday morning, but it is J.P. Morgan earnings that traders are watching.
Railroad giant CSX traded up nearly 3 percent after the close, sitting right at a 2-year high, beat on topline. But more importantly...
Stocks closed higher after losing ground in the last few minutes of the session following the release of the Federal Reserve's minutes indicating the central bank would step in to stimulate the economy "before long." Bank of America and Alcoa rose, while Verizon fell.
Short interest outstanding of Bank of America jumped to 153 million shares from 128 million during the first half of the month. Bank of America is also the third largest short position on the NYSE. A report from TheStreet.
Stocks lost ground in the last few minutes of the session, although remained higher, following the release of the Federal Reserve's minutes indicating the central bank would step in to stimulate the economy "before long."
Recall that in the prior FOMC minutes the Committee indicated they may need to take more initiatives. They did just that today.
The Obama administration's lifting of the drilling moratorium in the Gulf of Mexico (GOM) was expected, but it is nonetheless a positive for GOM exploration and production companies.
Stocks pared losses and turned mixed, with the tech-heavy Nasdaq moving slightly higher, as traders awaited minutes from the Federal Reserve's latest policy meeting as well earnings from Intel. Verizon and Wal-Mart fell, while AmEx rose.
Wal-Mart Stores is holding an analyst day today. Investors will use the chance to get to know Bill Simon better — he has been running the USA division only since June. Here are the issues being mentioned by traders...
Gabriel Moreen of Bank of America/Merrill Lynch was named the top Master Limited Partnerships (MLP) analyst by Institutional Investors’ 2010 All-American Research Team survey on Tuesday. He shared his sector outlook and best plays.
Lisa Gill of JPMorgan was named the top health care analyst by Institutional Investors’ 2010 All-America Research Team survey on Tuesday. She shared her sector outlook and best plays.
Dollar is stronger for a second day, and while the slightly stronger dollar did not hurt stocks yesterday, U.S. stocks are generally weaker Tuesday morning.
Pfizer says it has agreed to buy King Pharmaceuticals for $3.6 billion in cash.
The financial crisis has left behind a "slow disease" that is eating into financial markets, and this is obvious in stock prices and currencies, but less so in bonds for the moment, Mohamed El-Erian, CEO and co-chief investment officer of Pimco, told CNBC Tuesday.
U.S. stocks looked set for a weak open Tuesday as investors braced for minutes from the Federal Reserve's latest policy meeting to gain clues on potential quantitative easing.
When Russia’s largest internet group, Mail.ru, announced investors would have an opportunity to take an indirect stake in the social networking site, it begged the following question:
The major issue for banks this quarter is that core earnings are going down for the industry and that’s what investors will be looking at, said Richard Bove, financial strategist at Rochdale Securities.