A lawmaker in Ohio wants stores in the state to pay triple wages for employees who work on Thanksgiving.» Read More
U.S. bookseller Barnes and Noble is looking into a possible bid for competitor Borders Group, the Wall Street Journal reported on Tuesday.
There are a lot of baby boomers out there and there's a lot of potential money to be made off of their retirement. Just be prepared to apply unconventional thinking to fit the habits of nontraditional people.
We have all had some miserable customer service experiences and as we sit on hold or try to navigate through yet another voice response system, we wonder how can these companies get away with this. In fact, a 2006 Harris Interactive Poll showed 40% of us would rather go to the dentist than deal with poor customer service. My most recent mind numbing experience with my phone company, Verizon, made me wonder if there is a way to translate this into investing opportunities. Here is what I found...
Stocks closed higher Thursday, boosted by a late-breaking Federal Reserve announcement, a better-than-expected regional manufacturing report and an upbeat analyst note on financials. Oil prices were back above $100 a barrel.
Stocks turned sharply higher Thursday after a closely-watched regional manufacturing report came in better than expected. Commodity prices continued to recede.
Dollar rallying again today, up 1.7 percent since the close on Monday. The bold analyst call of the day (week, month, year?) goes to Punk Ziegel's Richard Bove, who last night titled his piece, "The Financial Crisis is Over," calling the Bear Stearns sale the watershed event, and concluded by saying "this is a once in a generation opportunity" to buy financial stocks.
U.S. book retailer Borders Group posted a fourth-quarter profit on Thursday but suspended its quarterly dividend and said it had launched a strategic review that will investigate selling the business.
Stocks declined Tuesday, with financials taking a beating after news of more fallout from the subprime mess at Citigroup. Energy stocks also fell as oil prices receded.
Stocks declined Tuesday after dismal corporate news about Intel and Citigroup.
U.S. stock index futures pointed lower Tuesday, with no major data expected and with corporate news adding to investors' gloomy mood.
Any way you look at it, the main story today is lowering earnings estimates. Whether you look at Merrill slashing Citi's estimates, or Intel cutting its gross margin forecast, or downbeat comments from Barnes and Noble and Staples, the implications of the commentary on these companies is that things are not improving and, in some cases, weakness may continue into the second half of the year.
Cramer makes the call on viewers' favorite stocks.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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U.S. chain stores, reeling from the slowest holiday shopping season in five years, got some more bad news Sunday: 2008 will not be any better and could see changes that may shift the retail playing field forever.
One of my mother's favorite lines is the one about not saying anything if you can't think of something nice to say. Well that was the story of the markets Monday. What a day of angst. Look at this headline from a note sent by MF Global's Andy Brenner Monday afternoon: "The market has traded like a crazed man with no liquidity." Yikes.
Barnes & Noble, the world's largest book retailer, posted a higher quarterly profit Thursday, helped by higher sales driven by record demand for "Harry Potter and the Deathly Hallows," the final book in the popular series.
I'm blogging from a Barnes and Noble which is readying for Harry Potter's final book going on sale at midnight. Handmade, full-size "magic" brooms are hanging from the ceiling and anxious Potter fans are rereading the past books in line for wristbands for tonight's pre-Potter party. This book is a pricey 35 dollars, five dollars more than the last book's listed price, and it's going to make several companies very, very happy.
Maybe it should be called "Harry Potter and the Deathly Discounts." British retailer Asda Group said Thursday that it would sell the final installment of the Harry Potter series for just 5 pounds ($10), just over one-fourth of the recommended retail price.
Merrill Lynch, Target, Palm, Tesoro 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.
Shi Nisman is one of the twenty finalists in our Million Dollar Portfolio Challenge (by the way, his first name rhymes with shy). But Shi is not "shy" about the contest--he's in 7th place today as we head into the last hours of trading for the contest. He wants to win the $1,000,000 prize--but has some work to do. His strategy for the contest was to pick volatile stocks with expected low correlation to the rest of the contest participants. Shi works for an investment firm and grew up in Israel and San Antonio, Texas.