The latest plan to stop the oil flowing from a BP site in the Gulf of Mexico may not work as well as originally hoped, the U.S. Coast Guard said Thursday. Many experts are now planning for the worst. What is the long-term impact of the spill on the economy? Steve Blitz, senior economist at Majestic Research discussed his insights.
Investors are playing the markets carefully during these volatile conditions but stocks will resume their way up once the wave of international bad news subsides, Robert Doll, BlackRock vice chairman, told CNBC Wednesday.
BP’s stock price has plummeted over the past month, sparking talk on whether it is vulnerable to a takeover. But given the massive uncertainty surrounding the costs of the oil spill, BP may prove to be a cheap, but messy target, analysts told CNBC.com.
Thanks Fitch. The ratings agency's latest downgrade could force the market to again test key levels of resistance. What must you know?
BP shares have tumbled more than 25 percent since the explosion in the Gulf coast last month, but are trading higher Thursday. Is this a good time to get into the firm? Mark Gilman, oil analyst at The Benchmark Company, shared his insights.
Stocks erased most of their earlier losses in the final half-hour of trading Tuesday as materials and consumer discretionary stocks advanced.
They say good things come to those who wait. Which stocks are the Fast Money traders waiting on?
Stocks wobbled in mid-afternoon trading Monday following a short-lived rally. How should investors position their portfolios? Mary Jane Matts, director of Fifth Third Asset Management, and David Spika, VP and investment strategist at WHG Funds, discussed their insights.
Stocks pared their losses after a lower open on Friday. This follows Thursday’s market plunge as stocks logged their biggest drop of the year. What are the key levels investors should watch for going forward? Mark Arbeter, chief technical strategist at Standard & Poor’s shared his insights.
Stocks declined Monday as steep slides in commodity prices hit energy and materials, while a weak Empire State manufacturing report put a damper on investor sentiment.
ExxonMobil is the biggest company in America and has been profitable for the last five quarters. So should investors still be buying the oil giant? Andrew Lees, portfolio manager at Invesco Energy Fund and Shawn Reynolds, portfolio manager at Van Eck Global shared their insights.
Plus, his reaction to news that Fannie Mae needs another $8.4 billion.
In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points on worries about the spreading European debt crisis . A possible culprit for the drop was a trader error.
In one of the most dizzying half-hours in stock market history, the Dow plunged nearly 1,000 points on worries about the spreading European debt crisis before paring those losses.
Stocks ended lower Wednesday, led by energy and industrials, after Moody's put Portugal's debt rating on review.
Stocks remained lower in mid-afternoon Wednesday, led by energy and industrials, after the Dow briefly popped into positive territory. Markets remained skittish after Moody's put Portugal's debt rating on review.
Stocks were hammered Tuesday, logging their worst decline in months amid worries that the European debt crisis will spread and that Spain might be the next to need a bailout.
US stocks fell sharply on Tuesday as the dollar rallied against the euro amid worries about the European debt crisis. So how should investors prepare their portfolios? Dan Fitzpatrick, president of Stock Market Mentor, shared his insights.
The Dow plunged more than 200 points Tuesday as the dollar rallied against the euro amid worries about the European debt crisis.
McMoRan Exploration rallied on a major oil discovery in January, only to fall back to earth in the last two months. Now the bulls are back.