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Stocks ended mixed Wednesday as banks and techs gained but investors took a wait-and-see approach ahead of the start of earnings season. But banks and techs gained.
Stocks struggled Wednesday as investors took a breather after a two-day rally and braced for the start of earnings season. But banks and techs giane.d
The wealthiest Americans have lost between 20 and 40 percent of their assets over the last year and a half. Michael Sonnenfeldt, founder of Tiger 21, told CNBC how the very rich have reacted.
Cisco Systems is winning new deals and benefiting from a broad economic recovery, a William Blair analyst said Wednesday as he upgraded the company's stock.
Stocks slipped Wednesday as investors took a breather after a two-day rally and braced for the start of earnings season.
While overall stock valuations aren’t much more attractive than bonds, some areas like technology are appealing, Rob Morgan, president of Dearden, Maguire, Weaver and Barrett, said on CNBC Tuesday.
This Web software pioneer is up big since Cramer's last call on the stock. Benioff tells us whether investors should expect more upside.
Stocks bounced back from a four-day losing streak on Monday, buoyed by strong economic data as well as bullish comments from Goldman Sachs.
Plus, calls on the banks, tech, machinery stocks and more.
Stocks ended lower Friday as a dismal jobs report capped a string of disappointing economic reports this week, which cast doubt on the recovery. It was the market's second straight down week in which stocks have lost more than 3 percent.
All major U.S. Indexes declined 1.8% or more for the week, logging weekly losses for a 2-straight week. A pullback in Industrials, a worse than expected ISM Manufacturing September reading, and continued weakness in the U.S. jobs data also pushed the CBOE Volatility Index (.VIX) up by 11.8% for the week.
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.
Polycom shares fell Thursday as Cisco Systems ramped up competition in the video-conferencing market with its $3 billion acquisition of Norway's Tandberg ASA.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest bet that video will drive demand for its data transmission gear. The acquisition fills the gap between Cisco's high-end video meeting service and its WebEx tool.
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.
Despite rough economic data the bulls could not be held down and reversed a 100 point drop in the Dow. But that might not be such a positive sign after all...
This is a treacherous market to trade in. Traders have been heavily shorting the market all morning, but the Dow has cut its losses in half, moving from down 128 to down only 50.
Stocks pushed higher Tuesday but investors were tentative after Monday's M&A-inspired rally.