Cramer makes the call on viewers' favorite stocks.
Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.
Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.
In a down economy, investors often turn to Consumer Staples that are more insulated from economic cycles. Key in this sector are food stocks; after all we still have to eat. Yesterday, Conagra beat analyst expectations and today Erin Burnett interviews Kendall Powell, the CEO from General Mills. Here is a list of some of the biggest food related companies and how they have performed YTD.
Stocks retreated Thursday after another analyst warning on the financial sector and disappointing earnings from Oracle.
ConAgra Foods Thursday said it would sell its commodity trading and merchandising operations in a deal valued at $2.1 billion, allowing it to focus on its core food business and to repurchase shares.
Futures jumped about 6 points as both weekly jobless claims and Personal Consumption Expenditures (PCE, an indicator of the average increase in prices for domestic consumption), came in a bit below expectations.
Oracle's disappointing earnings report could hang over the tech sector Thursday morning. Traders will also be watching the fourth quarter final GDP number, reported at 8:30 a.m. and weekly jobless claims, also at 8:30.
In the week ahead, traders say the dysfunction in credit markets will continue to dominate, and they expect the stock market to keep testing lows in choppy trading.
Stocks had their best three days in quite awhile, and whether the run continues depends in large part on what Federal Reserve Chairman Ben Bernanke has to say before Congress Wednesday and Thursday.
AutoZone, the largest U.S. auto parts retail chain, posted better-than-expected quarterly earnings on Tuesday, helped by improved profit margins and sales to the commercial sector.
European markets have recovered in the past two hours after a rough start. Credit Suisse roiled the markets early, as it announced $2.85 billion in writedowns -- just a few days after posting relatively strong fourth-quarter profit...
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
ConAgra Foods said Thursday that strong performance from its commodities trading group helped the company overcome the cost of a pot pie recall and post a 15 percent jump in second-quarter earnings.