Shoppers are visiting fewer stores than they did in the past, increasing the importance of building a loyal customer base.» Read More
Traders are aggressively buying calls in Omnicare ahead of its earnings report Thursday morning.
Hank Smith thinks the best time to get into the market is when it feels the absolute worst. So CNBC asked the chief investment officer of Haverford Investments, "Are we there yet?"
Following are the day’s biggest winners and losers. Find out why shares of Priceline.com and Sprint popped while Wells Fargo and gold dropped.
Futures are trading up as Europe is up on an oversold rally.
Stocks could see a volatile Thursday after Wednesday's relative calm with traders anxious to see if the market will pierce its lows.
In this Web Extra the traders talk earnings from Sprint, Newmont Mining, CVS and more. What's the trade?
CNBC's "Power Lunch" team asked some of the best and the brightest from America's big financial firms to list the most promising stocks. Strategists from Citigroup, Goldman Sachs, Cowen & Co. and Deutsche Bank offered CNBC their stock picks.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This drugstore chain was founded in 1963 in Lowell, Mass, and quickly spread to the Midwest adding grocery and other items. The store has continued to expand its reach, acquiring California's Longs Drug s in October. But today investors had questions this friendly pharmacist couldn't answer, as weak first quarter guidance left shareholders seeking another opinion. Who is it?
And retail while you're at it. Plus, Cramer makes the call on CVS, Medco, KB Home and more.
Rafael Resendes of the Toreador Large Cap Value Fund sees the stock market changing from a momentum-driven market to a valuation-driven one. He names a number of stocks that he feels are very well positioned.
First, from Flash News, with foreclosures and other repossessions on the rise, there is growth in one employment category: auctioneers. The Worldwide School of Auctioneering in Mason City, Iowa, (worldwide school of auctioneering? really?) says enrollment is up for its 9-day course teaching people how to talk really really fast without breathing.
So now we know. We are in the 12th month of a nasty recession, we have lost billions in net worth, and we have lost at least a couple million jobs in 2008.
Sweet deals inspired shoppers to hit the mall this weekend, but it doesn't look like the buying binge was enough to save the holiday season. But what's the outlook for investors beyond that. CNBC talked with two retail analysts to get their take.
Even in a down market, there are stocks that buck the trend.
A series of companies reported earnings Thursday, offered a mixed picture and generally cautious outlooks.
Stocks will likely rock and roll again Thursday. Wednesday's market was particularly volatile, although for a good part of the day it was unusually calm as investors waited for the Fed's rate decision. In the final half hour, the Dow wiped out a big gain to end 74 points lower. The Dow was up 298 at its peak, and down 174 at its low point.
Watch for more triple-digit market moves Thursday. Stocks could just as easily be up as down if you look at Wednesday's action. Even after major central banks joined the Fed in an unprecedented global rate cut, stocks ended lower after a volatile 400 point swing in the Dow.
Nearly three weeks ago, regulators abruptly banned short sales of financial stocks to protect companies that had come under siege in the stock market. Short-sellers, critics said, had contributed to the declines by betting against the companies’ shares, the New York Times reported.
"I very rarely like to make stock recommendations," hedge fund manager William Ackman of Pershing Square Capital Management told CNBC. "I'll point out an 'interesting opportunity.'"
Hedge fund manager William Ackman appeared on CNBC and reacted to the some of the top news stories this week, including the government's decision to takeover mortgage lenders Fannie Mae and Freddie Mac and Lehman Brothers Holdings' decision to report its earnings results and strategic plans earlier than scheduled.