Investment Strategy


  • Bailout Watchdog Probes GMAC Foreclosure Problems Wednesday, 13 Oct 2010 | 7:10 AM ET

    A government watchdog is investigating government-owned GMAC Mortgage after a company employee admitted to approving thousands of foreclosures without reading the paperwork.

  • States Set to Unveil Joint Probe into Foreclosures Wednesday, 13 Oct 2010 | 5:26 AM ET
    Foreclosure sign

    Up to 40 state attorneys general are preparing to launch a joint investigation into the mortgage industry over the foreclosure-document mess.

  • EPA Expected to OK More Ethanol in Gas Wednesday, 13 Oct 2010 | 5:07 AM ET
    Fields of corn surround the Golden Grain Energy ethanol plant, in Mason City, Iowa.

    The Environmental Protection Agency is expected to raise the maximum amount of ethanol that can be blended with gasoline for vehicles manufactured since 2007.

  • Wall Street sign

    Intel and CSX earnings beats could be positive for stocks Wednesday morning, but it is J.P. Morgan earnings that traders are watching.

  • CSX Q3 Earnings: Good Sign for Transports? Tuesday, 12 Oct 2010 | 5:49 PM ET

    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 Close With Modest Gains on Fed News Tuesday, 12 Oct 2010 | 4:56 PM ET

    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.

  • Bank of America Short Interest Jumps Tuesday, 12 Oct 2010 | 4:56 PM ET

    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 Pare Gains Ahead of Close Tuesday, 12 Oct 2010 | 3:58 PM ET

    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."

  • Fed 'Upgrades' Quantitative Easing Tuesday, 12 Oct 2010 | 3:54 PM ET

    Recall that in the prior FOMC minutes the Committee indicated they may need to take more initiatives. They did just that today.

  • Benefits from Lifting the Drilling Ban Tuesday, 12 Oct 2010 | 2:13 PM ET

    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 Pare Losses, as Tech Rises; Verizon Falls Tuesday, 12 Oct 2010 | 11:39 AM ET

    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 Analyst Meeting Today: What Happened to Sales? Tuesday, 12 Oct 2010 | 11:36 AM ET

    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...

  • MLPs a Better Buy Over Other Asset Classes: Pro Tuesday, 12 Oct 2010 | 11:29 AM ET

    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.

  • My Best Health Care Picks: Top Analyst Tuesday, 12 Oct 2010 | 10:18 AM ET

    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.

  • Traders Await Fed Now, Elections in Nov. Tuesday, 12 Oct 2010 | 10:01 AM ET

    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 Buying King Pharmaceuticals for $3.6 Billion Tuesday, 12 Oct 2010 | 9:36 AM ET
    Pfizer headquarters in New York City.

    Pfizer says it has agreed to buy King Pharmaceuticals for $3.6 billion in cash.

  • Pimco co-CEO Mohamed El-Erian

    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.

  • Futures Decline Ahead of Fed Minutes Tuesday, 12 Oct 2010 | 9:11 AM ET

    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.

  • Kaminsky's Call: Does Facebook Need to Go Public? Tuesday, 12 Oct 2010 | 8:40 AM ET

    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:

  • Expect Bank Earnings to Be Lower This Quarter: Bove Tuesday, 12 Oct 2010 | 8:37 AM ET

    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.