Pres. Cristina Fernandez said her government will move its defaulted debt in Argentina or allow bondholders to swap their bonds for new bonds governed by national law.» Read More
Third Avenue Management is betting heavily on investments in Hong Kong according to President and CEO David Barse. Forty percent of the firm's main fund are located in Hong Kong companies because some of the best and least known blue chips are there.
The Dow fell for a fourth straight day Wednesday after the Fed said it expected to keep interest rates exceptionally low for an extended period.
Stocks bounded higher Wednesday, with the Dow up about 1 percent, as investors cheered the better-than-expected jump in durable-goods orders and shrugged off a weak new-home-sales report.
Futures jumped Wednesday after a better-than-expected rise in durable-goods orders.
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Happy 225th birthday Bank of New York Mellon! For a company that’s managed to survive the financial fallout, it looks like the bank is on firm footing. When CEO Bob Kelly spoke to Maria on the “Closing Bell” he told her the company is past the point where they need TARP. In fact, Kelly said the company ‘is willing and able to repay TARP as soon as the government allows.’
It seems the major catalyst of the summer is oil with energy stocks holding up an otherwise sluggish stock market. How should you be positioned?
The bulls initially dominated trading on Tuesday after the Treasury Department said 10 big banks have gotten the okay to pay back $68 billion they received from the government.
As expected, 10 banks are being permitted to repay their TARP money, a combined $68 billion. Oddly, they didn't name the banks, but it's JPMorgan, Goldman Sachs, Morgan Stanley, US Bancorp, American Express, Capital One, BB&T, Bank of New York, State Street and Northern Trust.
Plus, get calls on the banks, insurance, Internet stocks and more.
General Motors filed for Chapter 11 bankruptcy protection in New York Monday. Here are following is the list of the largest trade creditors:
Stocks made another break higher Friday as worries about a possible downgrade of the U.S.'s credit rating left the market on rocky ground ahead of the Memorial Day weekend.
Stock markets are just at the beginning of a larger rally which could see the major indexes jump another 20-to-30 percent and banks are the best bet, Michael Browne, portfolio manager from Sofaer Global Research, told CNBC.
Cramer highlights an interesting opportunity in banking, expresses concern over a weaker dollar, and lays out a game plan for the release of Palm’s new smart phone.
Sure, JPMorgan Chase and Goldman Sachs are top-notch firms, but they don’t hold the most potential upside. Here are the three that do.
State Street started a public offering of its common stock Monday and said it was planning a separate public offering of non-guaranteed senior notes soon, to be able to repay the funds it received under the government's TARP program.
Plus, Cramer talks tech, restaurants, retail, IPOs and more.
On a day where the market was written off by almost commentators, Cramer says few people had the trading savvy to see the opportunity in this downturn and use it to their advantage for a buy.
Stocks lost ground in afternoon trading but traded in a fairly tight range, though the Nasdaq posted losses approaching 1.5 percent.
Cramer gives his perspective on the slew of secondary offerings, why bad news for Google’s radio advertising venture isn’t necessarily bad news for the company, and how to play Ford’s big secondary offering.