John McAvoy, president and CEO of Consolidated Edison, discusses the state of the business with Mad Money host Jim Cramer.» Read More
European stocks rise on renewed hopes for a Greek bailout and CNBC's Michelle Caruso-Cabrera takes a look at the timeline of Greece's race to make the March 20th debt payment and CNBC's John Harwood has the details on the House passing the payroll tax cut extension, and the CNBC news team take a look at the global market movers on the last trading session of the week.
European stocks were higher as hopes that an agreement on a debt swap for Greece to help it cut its huge debt increased. Expectations of a resolution for Greece, coupled with better-than-expected data from the US on Thursday, pushed up Asian stocks. In the US, futures indicated a broadly flat open for Wall Street, after German chancellor Angela Merkel canceled a trip to Italy because German President Christian Wulff announced his resignation after state prosecutors asked parliament to remove his legal immunity over accusations that he accepted favors. Wulff said his actions had always been fair.
While market watchers wait to see whether the Dow will hit 13,000, investor Jim Rogers says 2012 could be strong but 2013 and beyond will be stronger; Greece is still working on a deal while Germany's chancellor Angela Merkel had to cancel her euro-focused schedule to go back to Germany following the resignation of her country's president, reports CNBC's Brian Shactman.
US stock index futures were indicating a slightly higher open for Wall Street on Friday, just after German President Christian Wulff announced his resignation after state prosecutors asked parliament to remove his legal immunity over accusations that he accepted favors. Wulff said his actions had always been fair. European stocks were higher on hopes that an agreement on a debt swap for Greece was on the way while the same hopes, coupled with the better-than-expected data from the US on Thursday, pushed up Asian stocks.
Computers and Bloomberg terminals dominate trading floors, but the human element remains a crucial feature of transacting across derivatives and other parts of the global financial system, the Financial Times reports.
"From a policy stand point and a strategy stand point, it is very clear that India needs an enormous amount of cash, given the growth opportunity," Vikram Gandhi, founder and CEO of VSG Capital Advisors, told CNBC as India is considering allowing foreigners to invest in local corporate bonds.
Vietnam's stock market, which tumbled nearly 30 percent last year because of surging inflation and a declining currency, is the most undervalued market in Southeast Asia, David Roes, the CEO of Asean Investment Management, told CNBC on Friday.
Discussing the upward trend in the market and whether the Dow is within 14,000 striking range, with Rebecca Patterson, JPMorgan Asset Management; Mike Holland, Holland & Company; and Michael Farr, Farr, Miller & Washington.
Mad Money host Jim Cramer shares his final thoughts on why oil drillers could be the best place for investors to be in 2012.
Pierre Beaudoin, Bombardier CEO, discusses the company's $55 billion backlog, and his take on the transporation business, with Mad Money's Cramer.
David Novak, Yum! Brands CEO, discusses his company's 42% operating profit from China, and the secret behind Yum! Brands success in emerging markets, with Mad Money's, Jim Cramer.
Charles Jeannes, Goldcorp CEO, discusses the lackluster performance in gold miners; his company's earnings beat; and the bright outlook for growth, as four new major mines come in line, with Mad Money's Cramer.
Mad Money host Jim Cramer explains why the markets rallied on positive economic news.
Amazon shares fell 5% on the heels of a Morgan Stanley downgrade. Is this a buying opportunity for investors? The Fast Money crew has the trade on the tech giant.
The Fast Money traders weigh in on three key charts that show the S&P breaking through technical levels.
Terry Duffy, CME Group executive chairman, explains how the CME systems are better prepared for a "flash crash" repeat, and the blocked NYSE/Deutsche Boerse merger deal.
CNBC guests offer their views on the markets and economy, including Jim Paulsen's take on the last year's fears, Michael Woolfolk's take on Europe, and Stephen Shorck's call on gas prices this summer..
Adam Parker, Morgan Stanley chief U.S. equity strategist, shares his view on the market close.
The S&P hit a seven-month high today and broke through the technically important 1350 level, with Jeffrey Weiss, Tejas Securities Group.
CNBC's Mandy Drury looks at the U.S. markets, which are up on strong economic data. Moody's bank downgrade threat has a slight impact on some U.S. banks. GM earns record profit of $7.6 billion for 2011. Marriott says room rates have risen in most areas of the world. Amazon is downgraded by Morgan Stanley and is down today, as a result.