Stocks declined Thursday, with sentiment hit by a larger-than-expected drop in European inflation.» Read More
BP shut down a quarter of its 400,000 barrels-per-day Prudhoe Bay oil field in Alaska after finding a leaky water pipe Monday, a company spokesman said.
Even with a bull market raging on, corporate America is still making like Ebenezer Scrooge when it comes to sharing the wealth with shareholders. Exxon Mobil (XOM), Microsoft (MSFT), Pfizer (PFE) and Cisco (CSCO) are all sitting on more than $20 billion, individually. Shareholders need to start demanding they put this money to work or return it. So which stocks should you buy in anticipation of that?
On Stop Trading! today, Cramer reiterated his bullish stance on the oil drillers. Also, when it comes to tech -- look out below.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.
Most analysts believe the market is due for a modest correction, but many traders are reluctant to sell in the face of strong earnings, massive liquidity and daily deals. "I don't think there's anything to be that bearish about," Stephen Leeb, research chairman for The Complete Investor, told CNBC.com. "There's no recession, valuations are basically very reasonable and there are massive amounts of cash on the sidelines."
Share buybacks are seen driving the market rally. But is the record buyback level really a good thing? Jerry Castellini thinks so. The president and CIO of CastleArk Management explained his optimism to "Squawk on the Street" viewers.
Friday--today--is the last day of Trading With The Stars--and only transactions that were input by 4 pm ET Thursday will make a difference in their standings. As the Dow fell almost 150 points, Ernie Hudson was the only celeb to show a portfolio gain Thursday--on Gmarket. Jonathan Tucker regained the top spot, and Stephen Collins fell back into second on heavy losses in Golden Telecom. Meanwhile, Chris Moneymaker got crushed on Allscripts Healthcare, which has cost him $181,862.60 since he purchased it on 5/8, and he is now in last place. James Cromwell was hit hard by Knot Inc. which cost him $160K dropping him from 4th to 8th.
Tonight, Cramer’s giving Homer Gamers some of the most aggressively bought stocks on the market. Here's the complete list.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.
Stocks sold off across the board, and the Dow fell almost 150 points, after mixed economic data prompted investors to book gains. "A day like today was inevitable," said Michael Cuggino of Permanent Portfolio Funds. "I would caution investors not to get overly concerned based on today's (economic) statistics."
Shares in Rio Tinto retreated as much as 4% on Thursday, a day after surging to a record onspeculation BHP Billiton may make a $100 billion-plus takeover bid.
Shares in mining group Rio Tinto surged on Wednesday on talk that bigger rival BHP Billiton was planning a bid which would create the world's fifth biggest company, although Rio denied it had been approached.
U.S. crude oil futures fell more than a dollar as RBOB gasoline faltered after rising early, triggering profit taking in the crude oil market and the rest of the oil futures complex, according to traders and analysts.
U.S. crude oil futures ended lower for the fourth consecutive session, as Nigerian militants freed several hostages taken from an Italian-operated oil field.
When the market is as hot as it's been, a portfolio can feel too diversified. Cramer's urging patience. It's always better to have your assets spread around - even if it means leaving some money on the table.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.
Devon Energy, an independent oil and gas producer, reported a 7% drop in first-quarter profit due to rising costs and lower natural gas prices.
Stocks prices are edging higher this morning, following the direction of European markets. Lots of earnings news is out today, and talk of deals in the media industry swirl.
CNBC’s Trish Regan reports that major oil companies have transferred operational control of one of the world’s richest oil fields to Venezuelan President Hugo Chavez.
CNBC-TV had it's five for five segment today--that's where they look at five stocks making news this week. It's pretty much based on earnings. Jon Hilsenrath, editor at the WSJ was the guest to talk about the stocks. Again, these are not recommendations for the contest (or your personal portfolio) but more along the lines of what stocks could have a jump up or down.
Jonathan Tucker and Stephen Collins continue to hold the top 2 spots. Stephen added another $22K on big gains with Varian Semi Eqmt Assoc. which was up 22.79%. Neither made any transactions Friday besides adding $3,000 in bonus bucks each. Ernie Hudson jumped from #8 to #4 gaining $68,399.39 over Thursday's total mostly on the sale of Biadu.com Inc. which added $56,240.00. Meanwhile, Johnny Bench dropped from #7 back to the basement. Both of his holdings were down Friday for a loss of $32,242.72 or -3.08% on the day.
Stocks ended mixed but the Dow closed at another record high as earnings continued to exceed expectations. "We were all expecting some kind of pullback but it's just one of those moves that you can't pinpoint with any single piece of data," said Mike Driscoll, managing director of listed trading at Bear Stearns.
Actors Jonathan Tucker and Stephen Collins hold onto the first two positions in Trading With The Stars. (We post Jonathan's picture--as he still leads). Stephen had gains on most of his purchases on 4/24, but lost almost 6% on Advanced Energy. Meanwhile, Ernie Hudson continues to be the most volatile moving from down 5th to 8th on losses in Advent Software and Mentor.