After-Hours Buzz: Merck, Saks, Intuit, NetApp & More
Altera Corp
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Check out which companies are making headlines after the bell Thursday:
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Nearly 1.3 billion shares and $13.5 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
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Stocks finished mixed as investors juggled some encouraging economic news and concerns about the financial sector. Lehman Brothers rebounded, while bond insurers plunged. Oil dropped below $123 a barrel.
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Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
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Bonds are up midday, stocks are down on: 1) The disappointing housing numbers, where the inventory for existing home sales is now over a 10 month supply.2) Disappointment with some tech earnings. Broadcom, which makes chips for set-top boxes and cable modems, down big on higher expenses;
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Consumers just don't share the same fears as traders on Wall Street. Plus, en fuego tech stocks to own.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.
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Texas Instruments (TXN), the world's largest maker of mobile-phone chips, reveals information about the future of chip sales, and the news spreads like wildfire. Click here to find out how the news affected some of biggest stocks in the space.
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The chipmaker reported a rise in quarterly profits and said it expects industry conditions to improve.
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Altera, a maker of microchips for cell phone networking and industrial equipment, said it would start paying a stock dividend and increase the number of shares it plans to repurchase.
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Altera said the Securities and Exchange Commission has ended its investigation of stock-options granting practices and has recommended no enforcement action.