CNBC contributor Herb Greenberg discusses guidance comments made by AutoNation CEO Mike Jackson and red flags Michael Kors.» Read More
With less than a week before the Presidential Election, the candidates are rushing to key battleground states to convince voters of their economic plans to deal with the financial crisis. But will it help?
Medal Round - Day 8: Another tough day. Only three days to go and the S&P 500 is barely in positive territory. A 1% spread with the Swiss Market Index remains. Will the USA be able to hold on?
Following are the day’s biggest winners and losers. Find out why shares of AutoNation and RadioShack popped while Southwest Airlines and Pulte dropped.
On Squawk Box this morning, CEOs from various industries aired their insights on the economy, energy prices, real estate and politics.
Options move on pharmaceutical speculation and oil price drops.
For eBay, quarterly results are normally all about "beat and raise." Beat the Street's estimates in the current quarter, and raise guidance for the upcoming quarter. This time around, batting .500 just isn't good enough for the online auction powerhouse, especially when so many on the Street expected them to beat anyway.
The Dow closed at a 3-month low, due to the continuing weakness in financials. New lows expanded at the NYSE to nearly the highest levels in 3 months.
Auto stocks are notably weaker here, with new lows for GM, CarMax, and AutoNation; Ford is down 7 percent but not at a new low.
CEOs on the frontlines of America's oil crisis discuss the effects soaring gasoline prices are having on their businesses and their customers.
AutoNation CEO Mike Jackson joined the CNBC 'Squawk Box' crew to discuss the effects higher gasoline prices are having on the automotive industry and consumers. Americans, he said, have finally reached the "tipping point" at four dollars a gallon.
Ken Griffin and Eddie Lampert are not just two "Midwest Masters of Money" they're also "Wall Street Whales." In Friday’s Web Extra find out how to trade in their wake!
As gasoline prices start to weigh heavily on the consumer, America's auto CEOs share their outlook on what that means for the car industry.
A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.
Cramer makes the call on viewers' favorite stocks.
CNBC's Squawk Box was in Miami this morning, and the Squawk crew interviewed Miami-based CEOs on everything from real estate to healthcare.
Goldman Sachs (GS) is making a major shift in its analyst coverage, upgrading or downgrading 17 sectors on the fear of a softening economy. Could Goldman’s move be a bellwether of things to come? Or is it already late to the party?
Call it an ugly mortgage market, call it poor risk management. But Merrill's writedown of $7.9 billion in subprime mortgages and collateralized debt obligations (CDOs), $3.4 billion more than they had previously announced just three weeks ago, was being greeted as a sign that plenty more bad news remains on banks' and brokers' books.
Honda Motor is on track for a 3 percent increase in U.S. sales in 2007, an executive said Friday, but he also called on the Federal Reserve to cut interest rates to boost consumer confidence.
Car dealership group AutoNation Chief Executive Mike Jackson said Tuesday the U.S. economy is in danger of slipping into a recession unless the Federal Reserve moves aggressively to cut interest rates.
Several pieces of news are weighing on the markets midday. The bad news is that volume would normally be among the lightest of the year this week. So, there are few buyers around (bids are scarce), and thus a modest increase in selling pressure--as we have seen this morning--can result in very rapid drop in prices.