Stocks rallied to finish near session highs Tuesday, with the Dow soaring nearly 150 points, as members of the Federal Reserve kicked off their two-day meeting to discuss the future of the central bank's bond-buying program.» Read More
The revelation that two of Bear Stearns' collateralized debt obligation funds are virtually worthless are casting a pall on the overall market this morning. The biggest factor with the subprime prime epidemic is the great unknown of exposure and containment.
Many analysts are facing this week's flood of earnings with a healthy dose of skepticism, knowing that results will once again have to exceed Wall Street's expectations to continue the market's advance. The earnings parade comes as the Dow Jones Industrial Average and the S&P 500 trade at record highs with the blue-chip index touching 14,000 for the first time. But rally aside, analysts believe there are still issues hanging over the market, which have caused a large share of the volatility since June.
Computer printer maker Lexmark International slashed its second-quarter earnings outlook, citing disappointing revenue from both hardware and inkjet supplies, driving its shares lower.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.
Struggling Dutch computer services firm Getronics said on Tuesday a U.S. company was interested in buying it, sending Getronics shares up as much as 16%.
Brent Bracelin, hardware analyst at Pacific Crest Securities, told CNBC’s “Squawk Box” that Dell Computer’s decision to sell through retail outlets could boost the stock to as much as $35 a share.
Color and personalization of the new XPS M1330 notebook are how Dell is choosing to highlight its design innovation and separate itself from competitors. The PC maker debuted its new line of notebooks Tuesday in an unusual way in an unlikely setting: a runway show in Macy's Herald Square. The launch is all part of Dell's efforts to regain marketshare lost to competitor H-P by rebranding with a more stylish edge.
Every once in awhile there is a partnership or corporate event that sort of makes you scratch your head. Journalists and analysts are paid to connect the dots but on both fronts, the people I've spoken with today are wondering what's behind Dell's choice to launch its new product line at Macy's in Herald Square. The launch will be Tuesday morning in Manhattan and Dell executives including Sr. Vice President Alex Gruzen will be on hand for the runway show of products.
Microsoft will make changes to the program that helps Windows Vista users search their hard drives, in response to antitrust complaints from Google Inc., according to a U.S. Justice Department report issued late Tuesday.
Computer maker Dell said Thursday it will delay filing its financial report for the fiscal 2008 first quarter ended May 4 amid an ongoing accounting investigation.
Apple may be down today, but it isn't out, Cramer said. Also, his picks in the steel and PC industries.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Analyst actions and clinical trial data were some of the catalysts behind the most actively traded stocks on Monday. Shares of both XM Satellite Radio and Sirius Satellite Radio advanced on above-average trading volume on Monday after the Federal Communications Commission began the long-awaited public notice period of the proposed merger of the satellite radio providers.
It’s time to pass the torch. Cramer’s got a new bunch of tech heavyweights that transcend the sector and crush the competition. These are the stocks that will carry the weight of this market, he says, even on a down day like today.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Dell will use partnerships and acquisitions to become more services-oriented, the Financial Times reported in its online edition on Wednesday, citing an interview with the company's chief executive.
Remember Ben Curtis? He's the actor who played Steven, the "Dell Dude," the only memorable Dell ad campaign ever. Curtis was eventually phased out--he wanted to move on, and there was also the little matter of getting arrested for trying to buy marijuana. Since then, Curtis has done a little of this, a little of that. He was hired to promote Gameznflix, an online game and DVD rental company.
The guys go behind the headlines and give you their take on... the family behind Dow Jones agreeing to meet with Rupert Murdoch... Wal-Mart's $15 billion buyback ... and more. Find out where they see fast money.
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Stocks closed with broad gains after strong economic data pushed the Dow and S&P 500 to new highs. "We thought probably the dance music would probably slow down by now but with the wave of mergers and $2.5 trillion dollars cash on the sidelines, it looks like the party will go on for a while," said Fred Dickson, chief market strategist at DA Davidson.
Stocks ended a holiday-shortened week higher on an almost continuous flow of merger news. The Dow closed with a weekly gain of 1.2%, rebounding nicely from a 0.4% decline a week earlier. It took several tries but the S&P 500 finally surpassed its March 2000 high, gaining 1.3%. The Nasdaq rose 2.2%, the best weekly performance since March.