Stocks gained Monday as investors continued to find reasons to support the market, although trading was light as most investors awaited news from the Federal Reserve's meeting on Tuesday.
Find out why the Mad Money host called this stock a "clear buy."
Stocks rose across all sectors Monday as investors continued to fuel a modest August rally. Financials were among the weakest performers, and Hewlett Packard shares suffered from the sudden exit of CEO Mark Hurd. Cisco, McDonald's lead the Dow.
Protect yourself from scandals and extenuating circumstances like those that ruined every (HPQ) holder's summer weekend. CEO's should never become bigger than the institutions they lead and we are seeing again why.
Warren Buffett's Berkshire Hathaway reports a 72.7 percent increase in its second quarter operating earnings to $3.07 billion, with "major contributor" Burlington Northern Santa Fe adding $603 million during the period. But unrealized losses on derivatives contracts helped bring Berkshire's net earnings down by 40 percent.
Stocks slipped Friday, but ended off their earlier lows, amid disappointment in the July jobs report. Still, stocks managed to finish solidly higher for the week.
Stocks were sharply lower Friday after a second straight drop in payrolls increased expectations of a slow economic recovery. Financials led the decline. Kraft rose.
What follows is a roundup of corporate earnings reports for Friday, Aug. 6.
Stocks ended modestly lower after an unexpected rise in initial jobless claims and disappointing July retail sales, as the market awaited the critical July employment report.
Stocks were weak Thursday after an unexpected rise in initial jobless claims and July retail sales that were mostly weak.
Warren Buffett and Bill Gates have convinced forty of the nation's "wealthiest families and individuals" to take their "Giving Pledge." Just six weeks after issuing a challenge in Fortune Magazine to their fellow billionaires, Buffett and Gates have won a substantial number of public promises to "return the majority of their wealth to charitable causes." Buffett says today, "We've really just started, but already we've had a terrific response."
Economic reports on jobs, manufacturing and the consumer could be what trips up stocks in the week ahead, deflating some of July's 7 percent gain.
Stocks ended relatively flat Friday after a disappointing GDP report but the Dow logged its best month in a year, rising more than 7 percent.
Stocks see-sawed after economic readings on consumer sentiment and business activity offset disappointment with a lower-than-expected GDP report.
Charlie Munger has told the Wall Street Journal that "in my mind, it is a foregone conclusion" that Chinese investor Li Lu will become one of Berkshire Hathaway's top decision makers on investments. Based on hints in the article from Buffett himself, that could happen sooner rather than later.
Most people consider Warren Buffett a value investor, but his methods aren't so simple. His style has evolved over the years and incorporated strategies of growth investing. To earn high returns as Buffett has, an investor needs to go beyond price-to-earnings ratios or other metrics commonly followed by value investors. A report from TheStreet.
Warren Buffett's Dairy Queen is in a legal fight with a southern California frozen yogurt company that pits the 'Blizzard' against the 'Blizzberry.'
An economy that has yet to show signs of a sustained recovery is providing little reward for investors looking to take risks, Travelers President and CEO Jay Fishman said.
The enthusiasm of those faithful to Apple’s products is the envy of many. It was a company that many thought could do no wrong, but it is now one on the defense and for good reason. Looks like innovation sometimes runs into bumps like inadequately tested products. And now Apple is paying the price for a phone with issues.
President Barack Obama reveals to NBC News what Warren Buffett told him about the economy when the two men sat down at the White House earlier this week.