The U.S. defense secretary, has opened the door to more weapons sales to the Gulf states, as Washington seeks to convince allies of its commitment to the Iran nuclear talks. The Financial Times reports.» Read More
Russian President Vladimir Putin proposed to US President George W Bush setting up a joint missile radar base in Azerbaijan to overcome a crisis between the two countries.
Shares in BAE Systems fell in response to reports from the British press that Europe's largest defense company paid 1 billion pounds ($2 billion) over a decade to a Saudi prince to seal one of Britain's biggest-ever arms export contracts.
Good news! A guy suing a Washington, DC area dry cleaner for $67 million over a pair of pants gone missing two years ago has reduced his damages demand to only $54 million! The guy is a judge. A JUDGE! Administration law judge Roy Pearson is suing under the local Consumer Protection Act (that must be some act), claiming signs posted inside Custom Cleaners were fraudulent by promising "Satisfaction Guaranteed." Pearson wants $54 million to make it right. Talk about being taken to the cleaners.
Raytheon said a consortium it is leading in collaboration with Computer Sciences Corp has been chosen to oversee the US Army's live, virtual and constructive training operations and support systems worldwide.
President Vladimir Putin said Russia would go back to its Cold War stance of aiming its missiles at Europe if Washington went ahead with a plan to build a missile defence shield near Russia's borders.
Boeing reaffirmed its earnings and revenue guidance from its first quarter earnings report, which was released on April 25.
Cramer answers viewers' questions about Nutrisystem and Syneron. Plus, praise for the men and women in uniform serving in Iraq.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.
Well, if you owned Vonage on Thursday, and a lot of you did, you got your "just" rewards as the stock turned out to be a best performer. It gained 10.82% by Thursday's close. Vonage has been on the most active and widely held lists for some time now. This it's first appearance as a best performer. A couple of newer names showed up on the most active--HALO,ALU and MNKD. Here ya go:
There are increasing worries that Nigerian oil production could fall even further at the end of the month if militants succeed with threatened attacks, planned to coincide with the handover of power from President Matthew Olusegun Aremu Obasanjo to his successor on May 29, sources and traders in the energy industry said Wednesday.
Stocks are searching for direction at lower levels ahead of the Fed's meeting today. The Fed is not expected to move on rates but its comment will be watched carefully.
Lasers aren't just for Star Wars and Battlestar Galactica fans anymore. Cramer has found a speculative laser play that could run if the conditions are right. 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.
It's the "usual suspects" holding down the top three spots on Trading With The Stars. Jonathan Tucker and a very active Stephen Collins maintain a status quo by holding the first two positions. Jonathan has not made any transactions except for bonus bucks since 4/23, and Stephen had been active buying and selling and getting big gains on Advanced Energy--balanced by losses in C-Cor. James Cromwell continues to hold 3rd place.
Defense contractor L-3 Communications Holdings on Monday said first-quarter profit rose 17 percent, on robust demand for intelligence services and communications products from the U.S. military.
Actor Jonathan Tucker is playing for "Street Signs" in Trading With The Stars. He might be playing for higher stakes after the contest if he's taken at his word. Even though he's in 4th place, he told CNBC's Erin Burnett that if he was running a hedge fund the way he's running his contest portfolio--"we'd be doing pretty fantastically well." He did say that he and Erin should open up their own hedge fund. (hold on Jonathan--we'll see about that--it's just contest--but could it be a career move? nah..) However, he certainly dresses the part..
Actor Willie Garson comes back (as we thought-see below) to take champion poker player Chris Moneymaker out of the lead for the second time. Stephen Collins also passes Chris to take second place on Chris's big loss on CMGI. Not too good of a day for most--as all of our celebs were down Wednesday, except for Ernie Hudson who gained almost $35,000 mostly on his sale of Electro Scientific, moving himself out of last place.
Stocks are barely changed ahead of the opening and are likely to trade with some trepidation ahead of a three day holiday weekend. Tomorrow's jobs report is a big point of interest, but stock traders will be home watching their bond market brethren trade the number on a special jobs Friday edition of Squawk Box.
We have an video excerpt here from last Friday's "How To Win" contest program featuring guest bloggers and analysts Jeff Mishlove and James Altucher. Both agreed that having stock among the most actives, is not necessarily the best strategy--because obviously you are competing against fellow traders for the same returns. You want to find stocks....
Here's a look at the stocks "making names" for themselves in the last day. Interesting to note, two of Thursday's best performing trades were ADRs: GOL is Brazilian and Ipsco is Canadian. A lot of similar names showing up in most widely held--as many of you continue to stick with them for some time now.
The current trend of heavy M&A activity shows little sign of abating and investors could be set for another week of deals dominated by private equity groups. Last week saw bid approaches for Spanish airline Iberia, British drug retailer Alliance Boots and publicly traded British hedge fund Man Group.
Stocks are tentative ahead of the opening bell on this final trading day of the first quarter. There are some key data releases this morning including personal income and spending, personal consumption, February construction spending, Chicago purchasing managers and University of Michigan consumer sentiment. Oil is on the rise again and could continue to be a pressure point on stock prices after its big move up yesterday.