Paul McNamara, fund manager at GAM, says the Chinese economic slowdown has been controlled by the government.» Read More
The former Merrill CEO was really shocked Merrill Lynch was sold. Komansky said, “I was shocked the amount of money they lost. I was heartbroken something we devoted most of our adult life to disappear. “
S&P 500 futures are up almost 1 percent pre-open, Europe up 1 to 2 percent. This would be the sixth straight up day for U.S. markets. Yesterday, the S&P 500 posted its first 5-day win streak since April.
Here's what analysts and others say they're watching before the bell Tuesday.
There are few things more important than a healthy IPO market. Successful IPOs instill confidence in investors and CEOs alike. It's a sign that new capital is looking to enter the market.
Investor expectations for economic growth and profit have double-dipped, according to Bank of America-Merrill Lynch's latest fund survey.
Despite tentative signs of recovery in the US and global real-estate markets, enormous challenges remain that will test both the housing market and the banks according to Richard Yorke, the UK Managing Director at research group Real Capital Analytics.
U.S. stock index futures pointed to a higher open Tuesday after Alcoa got earnings season off to a positive start by beating estimates. Positive sentiment overcame another debt downgrade for Europe.
The Greek problem is everyone’s problem and the economic climate could still turn cryogenically cold, according to Charlie Morris, the head of absolute return at HSBC Global Asset Management.
The Dow pulled off its fifth straight gain Monday, led by Microsoft. Alcoa fell.
Both beat earnings consensus: Alcoa by $0.01, at $0.13, and CSX by $0.09, at $1.07. At Alcoa, after tax operating income was above expectations in all four major segments: alumina, aluminum, and the downstream segments of flat rolled products and engineered products.
Robert Pozen, MFS Investment Management Chairman and Former Fidelity Vice-Chairman told ETF is the “greatest thing that happened” to active mutual funds.
A number of companies tied to the BP's Oil Spill may see a rise in the profits for the upcoming quarter according to Sri Raman, Senior Quantitative Analyst with StarMine/Thomson Reuters.
Western powers are in decline and China will end up ruling the world economically, Stephen D. King, chief global economist at HSBC told CNBC Monday.
Stocks struggled Monday as materials and banks dragged and investors were a little jittery ahead of earnings season, which kicks off after the bell today with Alcoa. Techs were the day's best performers.
It’s also worth noting that the deal has a tiered break-up fee, which is only 1.7 percent ($85 million) of the deal price for the next 50 days, before jumping to $190 million.
This M&A deal is roughly $4.9 billion in cash and stock—it is valued at 7.5 times expected EBITDA this year—to increase AON's product portfolio.
Right now, stocks are in the middle ground: they are discounting a stall in the economy, but they are NOT discounting a double dip. What's a double dip? Opinions vary.
Credit is gradually loosening up for small business, Federal Reserve Governor Elizabeth Duke told CNBC Monday.
Investors are jittery about the stock market's decline to a 10-month low earlier this month, and many are piling into bonds. But they may have more to lose in the form of higher taxes.
Are you ready to hear another reason why the financial reform bill is not the game-changer it's cracked up to be? Ready or not, here it comes: Congress decided that one of the most noxious anti-investor, anti-consumer laws since Hammurabi's Code deserved to be kept intact.