Greece looms large, but markets will still search for clues as to Fed thinking in the week ahead, after June's jobs report.» Read More
Chinalco, the Chinese metals company that led a stunning $14 billion investment in Rio Tinto could raise its stake in the global mining firm and has no intention of cutting back on its ambitions elsewhere.
Dow Industrials newcomer Bank of America leads the list as the highest current yielder of all 30 Dow stocks. Chevron, the other recent Dow addition enters the list with a 2.7% yield.
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Stocks were mostly lower Friday as a second straight drop in nonfarm payrolls and hopes that the worst is over tugged the market in both directions.
Communications equipment maker Ciena Corp posted a higher-than-expected rise in quarterly profit Friday and gave an outlook above market expectations, saying strong demand for faster networks helped it avoid being hurt by a weaker economy.
What happened to our nosedive? After a down open, stocks continue to hold up well in what could only be described as a fairly flat market--about even number of stocks advancing to declining, modest volume, financials and techs modestly to the upside.
Chinese aluminum giant Aluminum Corp of China, which led a $14 billion equity investment in global miner Rio Tinto in January, has no immediate plans to raise money to help fund overseas acquisitions, its president said.
Surprise, surprise. Another CEO could get a massive payout despite his terrible performance.
Cramer makes the call on viewers' favorite stocks.
Stocks advanced late in the session after S&P affirmed its rating of bond insurers MBIA and Ambac Financial Group. What's the word on the Street?
Stocks closed sharply higher after Standard & Poor's reaffirmed the triple A ratings on two big bond insurers, sparking an explosive rally.
More trouble from the financial sector threatened yet again to thwart a mild rally on Wall Street.
Delta Air Lines (DAL) and Northwest Airlines (NWA) are approaching a merger agreement that would create the largest airline by traffic, according to the WSJ. Both emerged from bankruptcy last year and now they are looking to join forces. Here is a look at M&A and bankruptcies in the turbulent airline industry.
Rio Tinto isn't interested in takeover bids from BHP Billiton -- or any other companies, says CEO Tom Albanese. In November 2007, BHP had offered 3.4 shares of BHP for every share of Rio Tinto. But Rio's board rejected the bid as well as a subsequent sweetened offer. The CEO explained to CNBC that in the days since the initial bid, "Our markets have gotten even stronger." Thank China.
The President of China's state-owned Chinalco remained remarkably cool under pressure during a Sydney press briefing earlier this month despite the figurative and literal glare of the media spotlight.
The Societe Generale trading scandal is in full swing, as the lawyer of jailed trader Jerome Kerviel said this week that his client should be released to be able to defned himself. Another scandal, this time involving investigations into whether rich German businessmen have been dodging taxes, has started to unfold. Read the week's European stories.
Shares of Aluminum Corp of China, or Chalco, rose more than 10 percent on Thursday on higher aluminum prices and market talk that its parent and Alcoa could raise their stakes in mining group Rio Tinto.
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.
Pete Najarian is seeing put-buying in the Materials ETF (XLB). Why would investors bet against the commodities that drive the global economy?
Blue chips finished higher for a third straight session after an unexpected increase in January retail sales. Technology stocks rallied after chip-equipment maker Applied Materials beat earnings forecasts.