Chevron is cutting staff on its global energy trading desks this week, sources said on Thursday, as part of a $3 billion cost-saving plan.» Read More
Despite a rash of recent cuts, playing dividends continues to be an important tool for investors, financial advisers say.
Stocks opened higher Tuesday, following the worst start to the month of March on record for the market. The latest government bailout of AIG pushed stocks to a 12-year low on Monday.
US stocks headed for a positive open Tuesday, following the worst start to the month of March on record for the market. The latest government bailout for American International Group helped to send stocks to a 12-year low in the Monday session as fears for the financial sector dragged on sentiment.
The Dow Jones Industrial Average hit its lowest level in 12 years, slipping below 7,000, then 6,900 and then 6,800, as another bailout of insurance giant AIG stirred fear about the stability of the financial system.
The Dow Industrials, Dow Transports, and Dow Utilities are all hitting multi-year lows now. While the Dow Industrials and Dow Transports have been closing at new lows for days, the Dow Utilities closed below its October low for the first time on Friday.
The Dow Jones Industrial Average opened at its lowest level in 12 years, slipping below 7,000 as investors grew increasingly skittish over the state of the stock market amid the wave of government bailouts.
In today's initial sell off, the Dow was down over 50% since its Oct 2007 peak. Here are more key dates for the Dow & S&P, both on a closing and intraday basis:
One of the best ways to play oil’s resurgence is with master limited partnerships. This is Cramer’s favorite.
Since Tiger Woods last played, the stock of some of his sponsors have plummeted along with the rest of the market. But the biggest loss we've seen doesn't have to do with one of Tiger's sponsors. It's actually the main sponsor of his caddie Steve Williams.
Executives of the biggest oil companies are taking their case for expanded offshore drilling to Congress, even as Democratic congressional leaders and the Obama administration promise to put some limits on energy development along the nation's coasts.
Stocks jumped on Tuesday after Ben Bernanke delivered a big dose of relief when he signaled that nationalization of big banks was not at hand.
As of this morning, nearly 80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. Wal-Mart was the lone gainer on the Dow after the retail giant beat earnings expectations.
Futures were pressured by declines overseas Thursday but pared losses after the first rise in retail sales in seven months.
As of yesterday afternoon, nearly 70% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Not every aspect of the market depends on Washington. Cramer has a stock that even the Treasury secretary can’t ruin.
Despite hopes that the latest jobs report would force Congress to pass a stimulus plan, the markets remain pessimistic that anything can be done to fix the economy.
Chevron, the second-largest U.S. oil company, on Thursday said it made a new oil discovery at the Buckskin prospect located about 190 miles southeast of Houston, Texas, in the deep water U.S. Gulf of Mexico.
One month into the year, the average dividend yield of the Dow 30 has gone up a bit since 2009 began, but is still down from where it was at the end of November. See how the 30 companies in the Dow compare.
Stocks declined as uncertainty about the government's so-called "bad bank" plan rattled the market.