Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
Google hit a 52-week high two days ago at $645 a share and one analyst, Colin Sebastian, RW Baird, is raising his price target from $700 to $760, 18% higher than where the stock stands now.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
Companies that were granted stock options after the 2008 stock market collapse are benefiting from those awards too — in the form of tax savings, the New York Times reports.
The stock market’s rebound from the financial crisis three years ago has created a potential windfall for hundreds of executives who were granted unusually large packages of stock options shortly after the market collapsed. The New York Times reports.
While both professionals and do-it-yourself investors try to prognosticate the new year, we're always dealt our fair share of surprises — good and bad. Here are five stocks that turned in the biggest negative surprises for investors.
While 2011 has been a tough year for hedge fund investors, with a new trading year just a few sessions away, investors are looking for a new set of investment ideas for 2012. TheStreet.com analyzes stocks that hedge funds are buying right now.
The Fast Money Halftime Report traders weigh in on news of Sears planning to close 100-120 Kmart stores due to slowed retail sales this holiday season, Apple's new and improved iPad 3, with Paul Swinand, Morningstar, Gene Munster, Piper Jaffray.
It will be "a very complex year across the board" in 2012, with a "slow, painfully but upward, U.S. economy, slowly improving labor markets and 2 percent to 2.5 percent GDP growth, predicted Evercore Partners Chairman Roger Altman. Overlaying this will be next year's "close and quite fascinating" presidential election.
In this guest post the author writes, "We need to capture and share the best practices of top performers, and match those best practices with people best suited to use them. The catch is that you have to individualize."
Insight on why Facebook's founder/CEO wants the social networking giant to look and act more like a blue chip business, with Shayndi Raice, Wall Street Journal. The goal is to debut not as a young startup, but as a very sophisticated blue chip company, she says.
It is the attack-ad technique of choice for 2012: Anything you have said or done on film will be held against you. Its prevalence has helped make the Republican primary campaign a ferociously negative contest. The New York Times reports.
As Europe struggles with its debt crisis, U.S. businesses and financial firms are swooping in amid the distress, making loans and snapping up bank-owned assets. The New York Times reports.
The Justice Department has reversed its long-held opposition to many forms of Internet gambling, removing a big legal obstacle for states that want to sanction online gambling to help fix their budget deficits, the New York Times reports.
NXP Semiconductor has been in a world of hurt, but now the bulls are coming back.
The “Mad Money” host says “there’s no room at the inn” for these two groups in 2012.
Although one fund manager said he does not think equity prospects look particularly encouraging, he is finding value in an industry he formerly shied away from — technology.
Europe's Saxo Bank has released the annual list of its 10 most outrageous predictions for 2012. The predictions include Apple's stock price getting cut in half, a dark-horse candidate getting elected as U.S. president and Australia suddenly falling into a recession.
While not unexpected, the resignation of OpenTable’s chairman is hardly good news for the already struggling restaurant reservation website.
CNBC's Natali Morris shows and discusses the details of hot gadgets selling this holiday season, including the Acer Aspire S3 Ultrabook, and the LG Nitro android phone.