John McAvoy, president and CEO of Consolidated Edison, discusses the state of the business with Mad Money host Jim Cramer.» Read More
Insight on why markets are selling off, with Michael Gurka, Spectrum Asset Management, and Keith McCullough, Hedgeye Risk Management.
The company's largest shareholder, Warren Buffett tells CNBC's Becky Quick he is fine with Kraft's plans to split into two publicly traded companies.
CNBC's Bob Pisani reports on the trading day from the NYSE.
Anand Mahindra, Vice Chairman and Managing Director of Mahindra Group says there are significant opportunities to acquire especially in the US and Europe.
"The results were quite good... we are quite happy," Federico Ghizzoni, CEO of UniCredit told CNBC. "I don't think (exposure to Italian bonds) is particularly high... and I think we have a good and balanced position," he added.
Jaspal Bindra, Group Executive Director and CEO, Asia of Standard Chartered Bank, says he sees growth in Asia far outpace growth in the West and his bank will continue to focus on Asia and emerging markets.
"There is a very large family history market and we're making investments in our product, technology, content and great marketing to try to grow into that market," Tim Sullivan, CEO of Ancestry.com told CNBC. "We're very optimistic about growth prospects for the rest of the year and many years to come," he added.
"In some markets we see a slight recovery of the economy and the environment, and some other markets such as Greece and Romania are still very tough," René Obermann, CEO of Deutsche Telekom told CNBC. "But overall... the degree of the decline has improved and we hope to see some better trends in the next couple of quarters," he added.
"I think the volume has come down, although in gateway cities like Bejing and Shanghai it's not so much," Liew Mun Leong, CEO of CapitaLand told CNBC. "Volume has been affected in second-tier cities, but the main gateway cities are still quite firm," he added.
"I think we've started to see the start of a market turn... and we expect it to continue for the next six to 18 months," George Quinn, CFO of Swiss Re told CNBC. "Given our market position, we're in a very good place to benefit from the price changes that we expect to see," he added.
High raw material costs were not a problem for Unilever as the company successfully rose prices and exceeded market expectations for the second quarter. "We're seeing (raw material prices) stabilizing off... and I think we have seen the peak at last for the rest of the year," Paul Polman, CEO of Unilever told CNBC.
"The gold price has got to fall a long way before it starts worrying us," Mark Bristow, CEO of Randgold Resources told CNBC after the company's profit jumped 253 percent in the second quarter. "We've predicted these better gold prices... and there's a lot of things driving gold prices today," he added.
Bank deposits at the European Central Bank have more than doubled to a five-month high and European institutions are paying more for dollars, signs of concern that turmoil in eurozone bond markets could spread.
UBS threatened to scale back its presence in London if the government followed advice from a heritage body that effectively blocked the redevelopment of its City of London headquarters, reported the FT.
Is the Fed going to add more stimulus or are we headed into a recession? Insight on the U.S. economy, with William Poole, Cato Institute fellow weighs in.
Footage of Larry Kudlow commenting on the markets in 1978.
Discussing the market's comeback and whether stocks are undervalued, with CNBC's Seema Mody; Lee Munson, Portfolio chief investment officer; Andrew Busch, BMO Capital Markets, and Jack Bourdoudjian, Index Futures Group.
Mad Money host Jim Cramer says the cavalry finally came into the market today in the form of lower oil.
The Fast Money pros share their final trades of the day.
Tim Freeman, Elevation LLC principal, with a trade that takes advantage of the market's volatility.