The former Treasury secretary said regulators should make a priority of addressing the problems of bond market liquidity, brought on by efforts to make institutions safer after the crisis.» Read More
There's no question that CD sales growth is in a sad, sad decline. But Disney's not letting go so fast. Its Hollywood Records is launching today a new format called CDVU + (plus), which has much more memory than any current enhanced CD.
Sears Holdings on Tuesday forecast lower quarterly profit and said it needs to better control its costs and stock more items that its shoppers demand, sending shares down more than 8.7%.
Stocks finished little-changed after a roller-coaster session as investors tried to figure out the Federal Reserve's latest statement on inflation and interest rates. "The Fed's been engaged in a real delicate balancing act," said Bruce Bittles, chief investment strategist at Robert W. Baird
Options volume in Ford Motor swelled today as bulls moved in with force to snap up call options, or bets that Ford's stock will rise further above the 52 week high level that shares reached today.
Best Buy said on Wednesday that it would open more North American stores than previously planned, buy back $5.5 billion in stock and raise its dividend by 30 percent.
Every once in awhile there is a partnership or corporate event that sort of makes you scratch your head. Journalists and analysts are paid to connect the dots but on both fronts, the people I've spoken with today are wondering what's behind Dell's choice to launch its new product line at Macy's in Herald Square. The launch will be Tuesday morning in Manhattan and Dell executives including Sr. Vice President Alex Gruzen will be on hand for the runway show of products.
Stocks closed sharply lower as bond yields rose and higher oil prices sent energy shares tumbling. The Dow Jones Industrial Average finished down nearly 150 points. "Some traders feel the price of oil was a factor today," Peter Costa, senior managing director at Lipari Partners, told CNBC.com.
Best Buy is known for selling old fashioned music-- you know, CDs? Now Best Buy is pushing to keep up with the iPod set. The big box retailer announced that more than 450 of its stores will carry the Sonos Digital Music System, which it boasts is the only multi-room wireless music system with handheld control. The idea is that customers connect Sonos to their direct music services like Sonos or Pandora, to play music all over their home, starting at $999 for two rooms of music.
Stocks closed mostly higher, helped by lower bond yields and General Electric, which boosted the Dow. "This market bends a little bit but it doesn't break," Al Goldman, chief market strategist at A.G. Edwards., told CNBC.com. "The buyers are a little bit tired but the sellers are not very aggressive."
Best Buy Co., the nation's largest consumer electronics retailer, lowered its 2008 profit estimate, blaming a softening economy that's steering shoppers away from high-margin items like flat-screen TVs.
Is Best Buy a good buy?; post-Purcell era Morgan Stanley; the only hotel stocks worth owning.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.
Dow Chemical, Blockbuster, Jamba Juice and more...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.
May retail numbers hit The Street Thursday – with Bed Bath & Beyond (BBBY) warning Tuesday morning and Guess (GES) shares jumping after the bell. What’s the trade?
Stocks closed lower as investors used rising bond yields and diminished outlook for an interest rate cut as excuses to take profits. "Technically, the market looks a lot like it looked before the 5% correction we got back in late February," said John Kattar, chief investment officer with Eastern Investment Advisors. "The market is overbought."
Bed Bath & Beyond warned that its first-quarter earnings would be below Wall Street's consensus estimate. This morning Goldman Sachs cut its rating on the retailer to neutral from buy and lowered its price target by $5 to $40.
Consumer electronics retailer Circuit City Stores plans another round of job cuts, affecting about 850 store managers and headquarters staff, the Wall Street Journal reported in its online edition on Thursday.
Connecticut's attorney general announced a lawsuit against Best Buy, accusing the nation's largest consumer electronics retailer of deceiving customers with in-store computer kiosks and overcharging them.
Billionaire investor George Soros reported Tuesday that he had more than doubled his stake in Microsoft Corp.'s common stock to 415,497 shares as of March 31 from a previously disclosed stake of 198,075 shares.
Dan Genter, president and chief investment officer at RNC Capital Management, told CNBC’s “Squawk on the Street” that investors should consider shares of retailers that sell home electronics and cater to younger consumers.
Best Buy, Under Armour, Wynn Resorts and more...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.