Better-than-expected earnings from mobile-phone company Sony Ericsson boosted telecommunications stocks in Europe and added to a firm close for the major indexes Monday.
Concerns that retail earnings and same store sales might be on the light side are being born out, at least initial numbers. Men's Wearhouse cut its forecast for third quarter profits, citing "continued softening in traffic trends." American Eagle saw a decrease of 5% in September comparable store sales, citing lower traffic and unseasonably warm weather.
Stocks bounced off session lows to close mixed on Wednesday but a late afternoon rally fizzled as investors were wary of initial quarterly earnings reports which came in largely below forecasts.
Market is dealing with several problems today: 1) Boeing down more than 3% after it delayed deliveries of its 787 Dreamliner for six months, due to problems assembling the plane. Though they say it won't materially hurt 20087 or 2008 earnings, it is still a surprise.
Plus, Cramer explains why Starent Networks is better than FiberTower.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.
Just as Airbus hoped to start selling its oft-delayed superjumbo as a success story, a report of "massive insider trading" at parent company EADS leaked to the media -- raising the question of whether the beleaguered company can ever get ahead of its problems.
Also, Cramer answers viewers' questions on Boeing, Siemens and a note from the parents of a very special new fan.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.
Cramer is still confident the index will reach his year-end target. Here are the leaders that will get it there.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.
European stocks closed higher Thursday, with investors shrugging off a surprise drop in U.S. new home sales and weaker U.S. economic growth data.
British Airways ended decades of loyalty to Boeing's 747 jumbo with a switch to Airbus's new A380 superjumbo on Thursday as it announced a mixed plane order worth up to $8.2 billion.
Airbus's chief operating officer said the rise in the euro to above $1.4 meant the European plane maker might have to find another billion euros in savings under a restructuring plan drawn up with the euro at $1.35.
Diversified U.S. manufacturer Honeywell International said Wednesday it signed a contract to provide major mechanical systems for Airbus's new long-range, wide-body A350 aircraft, and expects to generate more than $16 billion in revenue over the projected 20- to 25-year life of the program.
Cramer makes the call on viewers' favorite stocks.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.
1sBoeing said Wednesday the first test flight of its new 787 Dreamliner would likely be in the range of mid-November to mid-December, about three months later than originally planned.