Weekly jobless claims will be more important than usual for markets Thursday, after an uneven series of claims reports this month and a surprisingly weak March employment report.
The “Fast Money” traders share their final trades of the day.
DALLAS-- Specialty chemicals company Celanese Corp. said Friday that it will increase the price of acrylic-based emulsions sold in the Americas.
NEW YORK-- Shares of Dow Chemical Co. jumped Wednesday after the manufacturing giant said it will close some 20 manufacturing facilities and eliminate 2,400 jobs in an effort to cut costs in the slow global economy.
Check out which companies are making headlines after the bell Monday.
DALLAS-- Celanese Corp., which makes specialty materials and chemicals, said Friday that it increased its share buyback program by $264 million. Celanese, based in Dallas, has been facing lower pricing in its acetyl intermediates business, a weakened European economy and slower growth in Asia. Shares of Celanese fell 83 cents to $37.38 in morning trading.
The only course of action that makes sense for investors right now is one that has nothing to do with Europe, “Mad Money” host Jim Cramer said Monday.
Check out which companies are making headlines after-the-bell Monday:
Take a look at some of Tuesday’s morning movers:
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Economists expect a third month of 200,000-plus job growth, breaking the streak of sluggish growth last year. But some of those new jobs in February may be due to a warm winter.
Wayne Kaufman, chief market analyst at John Thomas Financial Leadership told CNBC Friday he likes U.S. companies with a global focus but he does not like the Obama administration's economic policies.
With gasoline prices still stubbornly high, a new fuel from an old source could keep America moving more cheaply in the near future. It's coal-based ethanol and Celanese is making a big bet on it.
Dow Chemical has faltered after starting the year with a bang, but one bull is looking for more upside by late summer.
Europe is higher on talk of yet another Greek bailout package from the IMF: a proposed $145 billion package to help Greece through 2012 and 2013. But the most important event of the morning is that Greece sold 3 month bills at a yield of 4.88 percent, only a little higher than last month's auction. Apparently the Greeks have not been completely shut out of the capital markets.
With China in talks to build 50,000 skyscrapers over the next 15 years and Japan in need of a major reconstruction in the wake of the earthquakes and tsunami, Wayne Kaufman, chief market analyst at John Thomas Financial, said he is a fan of the materials.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 1.
While investors favor mutual funds with four-or five-star ratings, there may be hidden gems in some of the lower-rated funds. “Just because a fund’s been underperforming doesn’t mean it’s not worth owning,’’ says one pro.
What follows is a roundup of corporate earnings reports for Thursday, July 29.
What follows is a roundup of corporate earnings reports for Tuesday, April 27.