Home builder D.R. Horton reported a wider quarterly loss Tuesday — yet its shares jumped on U.S. government moves to buoy the financial sector. But home prices and mortgage rates dropped further with no floor in sight. Experts told CNBC the problem is market schizophrenia: equity markets have bottomed but credit markets are still spiralling downward.
The U.S. government's plan to inject $20 billion into Citigroup seemed to drive a stock market rally Monday — but failed to reassure analysts overall. CNBC canvassed the experts for their outlooks: Despite the uncertainty, one strategist says financials will lead the recovery — and another sees hyperinflation as the real danger ahead.
As recession fears continue to spread globally, investment banks like Goldman Sachs scramble to survive — and investment gurus alter their tactics and strategies to roll with the damage. CNBC's expert advisors gave their outlooks on what's coming and what to do about it.
Vodafone announced a surprise 1 billion-pound ($2 billion) share buyback program on Wednesday, saying a big share price fall in the wake of Tuesday's trading update left the stock undervalued.
Investors lined up 2 hours before the Apple shareholder meeting began here in Cupertino, California. It's a little unusual for them to be here so early, and I thought it might be related to the company's 40 percent plunge since the beginning of the year.
As you might expect, my earlier post calling on Steve Jobs to announce a shareholder buyback at tomorrow's Apple spacer annual shareholder meeting, generated quite a bit of reader reaction. As we prepare to cover the meeting, I'm curious how many of you plan to attend...
Stocks reversed what had been a down session Friday, with the Dow Jones Industrial Average rising on a CNBC report that progress is being made on a recapitalization plan that could save troubled bond insurer Ambac Financial's triple-A rating.
U.S. stocks tumbled Friday as downgrades on the two biggest home-funding companies dragged on the financial sector.
Online retailer Amazon.com Friday said its board authorized the repurchase of up to $1 billion of the company's common stock over the next two years.
Private equity firm Blackstone Group said Thursday it would acquire GSO Capital Partners, a hedge fund firm that sold a stake to Merrill Lynch last May, and also announced a $500 million stock buyback plan.
European stocks ended lower on Wednesday, as news of strong demand for the Federal Reserve's $20 billion auction designed to ease tensions in credit markets failed to boost banking shares.
Dutch Philips Electronics said on Wednesday it plans to buy back 5 billion euros ($7.2 billion) of its own shares after hedge fund pressure for the firm to improve its performance and capital structure.