Point72 Asset Management, the revamped firm of the billionaire investor Steven A. Cohen, generated a profit of nearly $1 billion for the first half.» Read More
It's bad enough to have an earnings miss, but guiding lower before earnings even come out can be a real momentum killer.
Happy Friday. Condolences to those who live in a town where JCPenney is closing a store. Tough break.
If the only people you're possibly taking advantage of here are buying a worthless stock, is that really still illegal?
Are you a hunter or gatherer? Why are tennis balls fuzzy? Prepare to be stumped—here are the top 25 oddball interview questions for 2014.
Some of the names on the move ahead of the open.
Morgan Stanley reported a sharp fall in quarterly profit as the bank was hit by $1.2 billion in legal bills, but adjusted earnings beat market estimates.
Triple witching expiration, General Electric’s earnings and industrial production could all help shape Friday trading.
Companies making headlines after the bell Thursday:
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
Common Sense Investment Management isn't shutting down, despite media reports to the contrary.
A year ago, Berkowitz formally attempted to simultaneously manage both a hedge and mutual fund. So far, so good.
Some of Thursday's midday movers:
The Treasury Department said it plans to sell 410,000 shares in auto lender Ally Financial as part of its effort to unwind its financial bailout fund.
With rising rates, it's no surprise to see a considerable short in the Treasury market.
A provision prohibiting banks from keeping investments in CDOs backed by hybrid securities called trust preferreds ignited a controversy.
The fees on actively managed funds are rising. Don't think your dollar fees are small because percentages are. Here's how to do your homework.
The S&P 500 closed at an historic high on Wednesday, underscoring how pullbacks remain shallow.
The long-discussed "Great Rotation" won't be from bonds to stocks but will be within the bond market, BlackRock Chairman and CEO Larry Fink told CNBC.
Goldman Sachs reported quarterly earnings and revenue that beat analysts' expectations on Thursday.
Happy Thursday. Welcome to the always commercial-free morning six-pack.
Get the best of CNBC in your inbox