The Weather Channel's Mike Seidel reports, the latest details on "quick hitting" winter storm Dion sweeping up the East coast.» Read More
Peter Kenny, managing director at Knight Equity Markets, told CNBC’s “Squawk on the Street” that the market has shifted its focus to interest rates from earnings.
Car hire firm Avis Europe said it was investigating possible financial irregularities at its Portuguese subsidiary, which could knock around 8% off of group annual profits.
Virgin Group founder Richard Branson plans business class-only flights with a fleet of up to 15 new planes, in a move which could spell trouble for upstart rivals in the competitive transatlantic market.
Next week is conference week and that means companies should have big news for investors. Here’s how to play it.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
World number two truck maker Volvo is selling its 28.7% stake in U.S. truck stop chain Petro Stopping Centers, yielding a capital gain of $46.3 million.
American travelers have several forces working against them this summer: gasoline prices and airfares are edging higher, while vacationing overseas will be a lot more expensive given the sagging dollar. While those factors may keep some folks closer to home, some analysts say a beleaguered greenback may actually help profits at some lodging and leisure companies this season
If you spend weekends on Long Island New York 's hot getwaway spot the Hamptons, the road less traveled is also the fastest way to travel. CNBC's Bill Griffeth talks to Blue Star Jets CEO & Founder, Todd Rome, on a package deal you can't afford to consider.
Hey folks--here are the final contest standings as we start the last two weeks of the Million Dollar Portfolio Challenge. Serge Amelyan is the owner of the top portfolio by dollar value in the contest followed by Shi Nisman who have both hovered near the top of the list for a few weeks now. Serge did not break the $5M mark but managed to chalk up a 388% return over the last 10 weeks. More than $1M separates Serge in first and Barry in 10th.
It's a big down day on the Dow. Here is Cramer's take on sluggish retail numbers, the rails and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
What does it mean if corporate earnings are "even better abroad" than in the U.S.? "A great play for investors," according to Keith Wirtz. The president and CIO of Fifth Third Asset Management offered "Squawk on the Street" viewers his outlook on the market -- and his favorite multinational stock picks.
Hey folks. Jeff Mishlove is here after a few days off--with his contest picks for today. It's a good read and we're happy to have him back. Here's Jeff: Last week was amazing. As I reported one week ago, one of my contest portfolios was up over 100% for the week. Actually, by the end of the day on Friday, it was up by over 112% -- far and away more than any other previous weekly winner. But, ironically, it still was not enough to win the weekly prize.
The threat of a nightmarish morning commute led many Bay Area residents to use public transportation Monday, one day after a fiery tanker crash caused a heavily trafficked section of freeway to collapse.
International air passenger traffic rose 7% in the first quarter of 2007, with strong economies driving demand for business and leisure travel, the International Air Transport Association (IATA) said on Monday.
Phil Flynn, a member of Alaron Trading, told CNBC’s “Squawk Box” that the U.S. may face tight gasoline supplies this summer.“(Production numbers) better change soon,” Flynn said Friday. “Otherwise, we’re going to have big problems in this country. I don’t know how we’re going to get gasoline supplies where they need to be by Memorial Day. We need to be at 210 million barrels in just a few weeks. We’re at 194 million.”
Hey folks, guest blogger Jeff Mishlove is back. Sorry to say, we're going to lose Jeff for awhile, as he does have his own business interests to take care of (all guest bloggers receive NO compensation from us). We certainly hope to hear from Jeff in the future, as he's always welcome to post here. Jeff's done pretty well this week--and as he says--you might have as well. Here's his post:
Good morning all. Another new name tops the leaderboard. Greyson Masters takes the top spot with his million dollar trade on Vasco Data (we said yesterday, this might happen), Shi Nisman falls to 3rd on a bad earnings play with Old Dominion, which fell 6.02% Thursday, and cost him almost $250K. Serge Amelyan moves back up the list into 2nd on F5 Networks' strong earnings.
Alan Mulally, Ford Motor's chief executive officer, told CNBC’s “Power Lunch” that the company is on track to make a profit in 2009.
Hey everyone. Here's guest blogger Jeff Mishlove's contest picks for today: Now that Wednesday’s very exciting market has closed, I see that – once again – my recommendations for Tuesday purchases turned out to be quite volatile. Life Cell Corporation was up 4.99%. Anadigics was down 10.72%. American Commercial Lines was down 5.32%. Overseas Shipholding Group was up by 8.55%.
Good morning all. Shi Nisman holds the top spot, and becomes the first contestant to break the $4 million mark on strong Corning earnings. And Greyson Masters takes over the 2nd position, displacing Kevin Boyd, who fell to 19th on a bad gamble with Travelzoo earnings, which fell almost 24% Wednesday.
Railroad company Norfolk Southern reported a lower quarterly profit citing softness in the U.S. economy, in particular the housing and automotive sectors, but beat analysts' forecasts.