Swiss bank UBS launched a deeply discounted rights issue worth 16 billion Swiss francs ($15.55 billion) on Thursday at a third below its latest market price in a bid to lure investors to repair its battered balance sheet.
Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel. The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.
The Dow has dropped 450 points in the last two days. Most of this is due to the record high price of oil, but at 2 PM ET today the markets dropped further as the Fed came out with its minutes, wherein they...
Stocks finished mixed as an early rally fizzled and weakness crept into techs, retail and housing.
Stocks advanced Monday as an uptick in leading indicators offered investors a modest confirmation of the optimism they've been trading on.
With billions of dollars now moving into geothermal energy projects around the world, it is no longer a marginal business, meriting a second look by investors looking for a clean technology subsector with significant upside potential.
Futures popped 8 points as CPI was a bit below expectations. Prior to the CPI, the bond market broke to lows for the year as the Wall Street Journal's front page asks, "Recession? Not So Fast, Say Some."
Stocks declined Tuesday as investors expressed their disappointment in Wal-Mart's outlook, HP's deal and a slew of other news. Surprising resilience in retail sales, excluding autos, helped curb losses. The Nasdaq eked out a gain, led by Yahoo.
Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.
Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.
Oppenheimer cut its earnings estimates on some U.S. brokers based on its outlook on the capital markets and sizable estimated revenue reversals due to an accounting rule that lets companies elect to use fair value for certain assets and liabilities.
Stronger retail sales than expected (ex-auto up 0.5 percent, the best showing since November) has caused an 8-point pop in futures. Elsewhere: 1) Hewlett-Packard's $12.6 b deal for Electronic Data systems ($25.00 a share) is a direct challenge to IBM.
Stocks started the week off higher, led by financials and technology stocks. RIMM and MBIA rose, while HP declined.
Stocks started the week off higher as the dollar rose to a two-month high and oil receded. MBIA bounced despite reporting an astouding quarterly loss.
Morgan Stanley said on Monday it has raised a $4 billion infrastructure fund, exceeding its target, and is targeting investments in sectors like transportation, energy and utilities.
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.