The story is on international growth today. Marriott beat, and along with everyone else on the planet reported stronger revenues (revenue per available room, or RevPAR, in this case) internationally than domestically: up 9.2 percent vs. 6.2 percent. First quarter guidance a tad below expectations. Remember, Starwood cut its 2008 forecast a short while ago.
Will stocks get a Bernanke bounce? That's certainly what some traders are hoping for ahead of Fed Chairman Ben Bernake's testimony before the Senate Banking committee Thursday. But of course, there's always the chance his comments could bring on a Valentine's Day massacre.
Morgan Stanley said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.
Swiss bank UBS has named Jerker Johansson as head of its investment bank, ending a protracted search that followed the shock write-down of billions of dollars of assets linked to the U.S. subprime crisis.
China Investment Corporation (CIC), the Chinese sovereign wealth fund, is near a deal with private equity group JC Flowers to put about $4 billion into a new fund to invest in ailing financial institutions, the Financial Times reported.
Stocks closed lower, led by financials, after brokers downgraded several big names in the sector, including American Express.
To date 291 (just under 60%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Stocks opened lower on Wall Street Monday, led by financials, after brokers downgraded several big names in the sector, including American Express.
Stocks opened lower on Wall Street Monday, led by financials, after brokers downgraded several big names in the sector, including American Express.
U.S. stocks opened lower Monday. Microsoft's bid for Yahoo, seen as a sign that many equities are attractively priced relative to value, inspired some investors.
Morgan Stanley is cutting about 150 jobs in London, the vast majority coming from the back office, a source familiar with the situation said on Friday.
Bear Stearns, Goldman Sachs Group and Morgan Stanley said Tuesday that government investigators are seeking information from them about their subprime mortgage activities.
Investment banks Goldman Sachs and Morgan Stanley said Tuesday they had received official requests for information and had been named in law suits related to their subprime mortgage businesses.
Stocks closed higher for the second straight day on positive signs for the economy and strong earnings report.
Following are the day’s biggest winners and losers. Find out why shares of Circuit City (CC) and Morgan Stanley (MS) popped while Motorola (MOT) and Yahoo (YHOO) dropped.
For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing.
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.