The world’s largest bookseller Barnes & Noble, Inc. announced it’s eliminating about 100 jobs in its corporate headquarters.
Following are the day’s biggest winners and losers. Find out why shares of Las Vegas Sands and Research In Motion popped while AT&T and Tyson Foods dropped.
We begin the "real" New Year with stocks at a 6-week high, and the S&P 500 24 percent above its November 20 low. Now let's see if we can change leadership: health care and consumer stocks have generally outperformed in the past few weeks, though recently industrial stocks have improved. A shift toward less defensive names would be a welcome development.
A vampire is about to take the box office by storm and seriously boost the profile of independent studio Summit Entertainment. "Twilight," opening this weekend, is on track to bring in as much as $60 million at the box office this weekend.
Traders like to remind me that the definition of insanity is doing the same thing over and over again and expecting a different result. So it is that plans by Saudi Prince Alwaleed bin Talal to raise his investment in Citigroup are being greeted with open skepticism on the Street.
Following are the day’s biggest winners and losers. Find out why shares of Home Depot and Barrick Gold popped while United Air Lines and Supervalu dropped.
US stocks ended mixed Thursday as a jump in oil prices boosted oil stocks and speculation about a government bailout of Fannie Mae and Freddie Mac, and a possible takeover of Lehman Brothers, gave investors some hope that relief is coming.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This New York-based company began in the 1800s as a printing company however now it’s best known for its shops with in-house cafes and access to Wi-Fi. If you’re looking for a happy ending look elsewhere; the stock was a horror story today, after the company gave a weak sales forecast. Who is it?
This is crunch time for this little mini-rally--since the earnings news is mixed, it will be critical for the market to move sideways or up today, and avoid retracing any of the last two days gains. Options expiration today.
Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.
Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.
Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.
The original bid for Alitalia by Air France-KLM was based on an oil price of $86 a barrel, according to the Deputy CEO of Air France, in an interview on CNBC Europe. Those talks were shelved a month ago, but at $120 to $130, the Deputy CEO said that Air France-KLM would have to come up with a more "difficult and demanding" business plan.
Stocks may try to shake off losses Thursday, but spiking oil prices and a weak dollar could hold back efforts to rally.
Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel. The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.
Stocks opened flat Wednesday after oil breezed past $130 a barrel, fueling inflation fears.