The Dow fell more than 2 percent Thursday, it's largest one-day loss since right before the summer rally began, as a weak ISM reading rattled confidence in the recovery. Shares of both GE and Comcast fell amid buzz that the two are in talks about GE's NBC Universal unit.
Stocks tumbled on the first day of the quarter and Dave Rovelli, managing director at Canaccord Adams, and Warren Meyers, CEO of Walter J. Dowd, said this may be an opportunity for bears to seize control.
The S&P 500 could continue to push higher as investors "climb a wall of worry," said Phil Roberts from Barclays Capital.
As David Faber reported, General Electric and Comcast are in talks to spin off GE's NBC Universal, parent of CNBC, into a new company that will be merged with the content assets of Comcast. What might this deal be worth? Start by looking at comparable valuations.
During October and November, we could see up to a 10 percent correction in developed equity markets and 20 to 25 percent in emerging equity markets, said Bob Parker from Credit Suisse.
Stocks tumbled Thursday after disappointing ISM manufacturing and initial jobless claims reports. Is the economy taking a breather or should investors prepare for a possible second "dip" in the recession? John Lonski, chief economist at Moody’s Investors Service shared his outlook.
Stocks tumbled Thursday after a disappointing ISM report on manufacturing piled on to worries about the economic recovery.
Futures indicated a slightly lower open for Wall Street on Thursday, as caution over the state of U.S. recovery tempered anticipation that the global economy would gather momentum in the final three months of 2009.
The movie industry has been ruled by very specific rules about how and when different home video formats are released. The idea is that home video -- DVDs and video-on-demand -- has to come out long enough after a theatrical film release to keep moviegoers driving to movie theaters and paying for tickets.
U.S. consumers are still strapped, but some consumer stocks are on the rise, said Ron Sloan, senior portfolio manager at AIM Charter Fund. He shared his best consumer-related picks with CNBC.
Comcast started rallying this month, and one large investor expects it to keep moving higher through January.
In the after hours, traders were trying to get a handle on Morgan Stanley’s future after learning that CEO John Mack is stepping down.
Plus, get Cramer's opinion on the mounting national debt and the growth possibilities for television providers who offer TV on your phone.
Hollywood is still reeling from the news that Disney is acquiring Marvel Entertainment and all the other media giants are trying to figure out what this means for their businesses and what other acquisitions it will prompt. One Hollywood insider who works for a rival said with a shudder: "Disney's always been an 800 pound gorilla, but now its power with retailers like Wal-Mart is going to be out of control."
Against the backdrop of a fast-changing, competitive media business, today Comcast and other cable television operators won a small victory, setting the stage for consolidation.
According to the weekly survey by the American Association of Individual Investors, 49 percent of participants were still bearish. Mark Travis, CEO of Intrepid Capital Funds, and Paul Alan Davis, senior portfolio manager at Charles Schwab Investment Management, discussed what must be done to get investors off the sidelines.