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As the Dow now contains five stocks under $10 (GM, C, BAC, AA, & GE), the Dow Industrials index has come under greater scrutiny on whether it is still a good gauge of the overall market.
Regarded as a safe investment, gold often shines during turbulent times when increased demand typically drives up prices. For the first time since last March, gold settled above $1,000 an ounce on Friday. Since its low back in November, when gold was just over $700 an ounce, the bullion has risen 42%. During the same period the S&P 500 has plunged 15%.
The performance of certain companies will tell us how well the new president’s doing.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
Here's the question: your company has cut discretionary costs and has laid off a group of workers, but still needs to cut more. Your choice is between cutting pay and requiring a furlough. What's an executive to do?
Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.
With Congress passing Obama's much lauded stimulus package, trillions of dollars are headed towards the economy. But the markets' aren't liking what they see or hear. The truth is that while a stimulus package might help, it does not heal the fundamental ill -- we all spent too much for too long.
Hey, China got it right. Why couldn't we?
Infrastructure is a major part of the new stimulus package. And Fast Money spoke to the man dolling out all that cash!
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
We pull apart Barron's attempt to measure Cramer's stock-picking performance.
We love the attention we get from this financial-news weekly, but they're wrong about Jim's track record.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
Following are the day’s biggest winners and losers. Find out why shares of Visa and Caterpillar popped while Dollar Tree and Unilever dropped.
Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.
Caterpillar is seeing heavy options activity as its stock trades moderately higher Wednesday. Calls outnumber puts by a 3-1 ratio and are concentrated at the February 33 strike, where contracts were bought for $0.77, $0.80, and $0.81. Some May 40 calls also traded for $0.88, according to OptionMonster's real-time tracking systems.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
All right, before you fire off an e-mail to me and tell me to "get a clue" because tens of thousands of people did buy a new car or truck last month, take a deep breath. Exhale.