It is the first such port call to Iran by the People's Liberation Army Navy and highlights the efforts both China and Iran are making to counterbalance the power of the United States in the Middle East and along the sea lanes connecting the oil fields of the Gulf with major energy-consuming centers in Asia.» Read More
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.
Stocks are shaking off the Bernanke blues and look set to join European stock markets in a move higher this morning. The market took a dive yesterday when Fed Chairman Ben Bernanke reminded investors the economy is slowing, the Fed fights inflation, the housing market is uncertain, and oh yeah, he never really said he was going to cut rates.
Stocks are under pressure ahead of the opening as the influence of jittery oil markets adds to the week's mounting worries about the state of U.S. housing and its potential impact on the economy. Stock futures look sharply lower, and the dollar dipped after reports of weaker than expected durable goods orders.
ITT Corp. has agreed to plead guilty and pay a penalty of up to $100 million for illegally exporting night vision goggles in 2001 to China, Singapore and the United Kingdom, the U.S. Justice Department said on Tuesday.
We've got some of the latest contest statistics on most active, widely held, etc. So, without any further introduction, here they are. The numbers are as of Tuesday, March 20, 2007.
The grant, for Cleveland BioLabs' Protectan CBLB502, is designed to fund "development leading to the acquisition" of an radiation countermeasure.
Okay--time to look at who's "stock picking" star is shining among our show celebs competing in "Trading With The Stars. CNBC show producers are getting into the act with comments like "Now he's kicking butt" and "Go Tucker Go!" Here's why they're saying that.
Oil prices finished slightly higher Tuesday, after a volatile day that saw prices fall by more than $1 per barrel and then rebound to a 2007 high.
A sell off in global stock markets is depressing Wall Street ahead of the opening and setting the stage for what will likely be a choppy trading day. The Shanghai market was the worst hit, losing 9%, its steepest decline in 10 years. The weakness extended across Asian markets and European stocks are lower.
Cramer continues his list of the top 10 potential anti-competitive deals coming before 2008.
Europe will start the week without the aid of U.S. and Asia as President’s Day and Chinese New Year mean both markets will be closed on Monday 19th.
The Chicago-based company tweaked its 767 design to improve fuel efficiency, among other factors, in hopes of beating rival Northrop Grumman.
Northrop Grumman and its Franco-German partner EADS will bid against Boeing in a $40 billion U.S. competition for new aerial refueling tankers, Northrop announced today.
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