The head of Appaloosa Management has returned to his cautious stance from late spring after a period of feeling more optimistic about global markets.» Read More
Some of Tuesday's midday movers:
Investors give and investors take away, and nowhere has that been more true lately than in value stocks.
Happy Tuesday, and welcome to the final bracket-busting edition of the Morning Six-Pack.
Citigroup is warning its investors it could miss its profitability target, a figure measured by the ratio of profit to shareholders' equity.
The talk about rotation out of biotech and big momentum Internet stocks involves very few companies.
Hedge fund Coatue will return $2 billion to investors after volatility caused losses.
Barry Knapp is joining BlackRock to lead a new fixed income strategy team this summer, leaving Barclays.
Real estate billionaire Sam Zell says "carried interest" tax rates stimulate long-term investments and changing them hurts profits.
Dick Bove says there are a few issues that should be addressed before we jump on Michael Lewis’s bandwagon and call the market “rigged.”
Some of the names on the move ahead of the open.
Despite the furor over whether high-frequency trading is "rigging" markets, more regulations aren't needed, said Harvey Pitt, a former SEC chairman.
The uproar over high-speed trading has highlighted the issue once again, but regulators around the world have already responded to the practice -- with a wide variety of measures.
It's not every day that you find a fan club for new taxes, especially among economists and legal experts. The New York Times reports.
Any rebound in the market is likely to be short-lived since it needs a catalyst to sustain gains, and the start of earnings season may disappoint.
Google is among the companies in the news after the bell.
Michael Gross' new book, "House of Outrageous Fortune," tells tales on Wall Street titans who live at prestigious 15 Central Park West.
Point72 Asset Management, the former SAC Capital, launched Monday with about $9 billion in funds and a year-to-date return of close to 10 percent.
Stocks dipped as investors worried there was little proof the economy could grow enough to counterbalance the Fed's reversal of its easy money policy.
Some of Monday's midday movers:
Though there's no guarantee, in the past several years the cross has formed four times and three of those occasions saw substantial equity selloffs.
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