As the Dow flirts with 17,000, some question how long the euphoria will last and whether investors may stay away for fear the market has gotten too rich.» Read More
Oct 5- ADP:* Goldman Sachs raises ADP to buy from neutral; price target to $68 from $53. *Goldman Sachs raises Paychex Inc price target to $35 from $32;. Reuters Station users, click. 1568.
Take a look at some of Fridays morning movers.
*Best Buy founder, private equity firms, examine books. Automatic Data Processing said 162,000 private jobs were created in September in the United States, more than the 143,000 expected by analysts, and down from a revised 189,000 in August.
*Best Buy founder, private equity firms, examine books. *Motorola Mobility drops patent complaint against Apple. NEW YORK, Oct 3- U.S. stock index futures were little changed Wednesday as expectations that Spain will request a bailout offset concern over a slowing Chinese economy, with modest volume indicating a pause ahead of the release of key U.S. data.
NEW YORK, Oct 3- U.S. stock index futures were little changed Wednesday as expectations that Spain will request a bailout offset concern over a slowing Chinese economy, with modest volume indicating a pause ahead of the release of key U.S. data. *Automatic Data Processing releases its September employment report at 8:15 a.m. ET.
LONDON, Oct 3- U.S. stock index futures pointed to a slightly lower open on Wall Street on Wednesday, with futures for the S&P 500 and the Dow Jones down 0.2 percent, while contracts on the Nasdaq 100 were down 0.1 percent at 0751 GMT.
The Mortgage Bankers Association releases Weekly Mortgage Market Index for the week ended Sept. 28, versus the prior week, 7 a.m. The mortgage market index read 875.1 and the refinancing index was 4,291.4 in the previous week.
Stock markets rise and fall but investors with a long-term view will make money, real estate investor Tom Barrack of Colony Capital told CNBC Wednesday. It also doesn't hurt to be a contrarian investor, added Marc Utay of Clarion Capital.
Jim Cramer’s researcher, Nicole Urken, notes that the improved labor reports will continue to drive the derivative jobs plays.
As a handful of employment reports helped stocks finish mixed Thursday, Cramer explains why job growth is so important.
But Cramer prefers Paychex because of its juicy dividend yield.
John Eade, Argus Research, reports on big changes at ADP in light of the CEO's sudden resignation due to allegations of domestic violence.
A few years ago, I pointed out in a column that the cost of insuring the US government against a default in the credit derivatives market, had risen above that of McDonalds, the US fast food company, for the first time, the FT's Gillian Tett writes.
With long-term U.S. debt being knocked out of the elite triple-A credit club, investors’ top-tier fixed income choices have dwindled yet again.
Scores of big corporations have lost their AAA status in recent years, and it hasn't seemed to hurt them, so what's the big deal about the federal government losing such status, The New York Times reports.
Cramer not only details this theme, but offers two ways to play it.
Despite several economic reports that point to a weakening recovery, Cramer told investors not to panic.
What follows is a roundup of corporate earnings reports for Monday, May 2.
The "Mad Money" host reveals what earnings he plans to monitor in the days to come.
Why the "Mad Money" host will be listening to these earnings reports in particular.