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A.G. Lafley's return as boss at P&G will be beneficial to the company because he "knows where the bodies are buried," management expert Jeffrey Sonnenfeld tells CNBC.
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Chaos reigns Friday: Lame-duck White House and Congress are unable to reach a decision on the financial crisis. Yet Citigroup stock inched up, despite misgivings over the CEO's determination not to break up the firm. And while legislators dither over the jet-setting Big 3 automakers' fates, one strategist told CNBC that Ford Motor stock could yet quadruple overnight. (You read that correctly.)
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It's time for a minor mea culpa. On last night's show Jim talked about the lack of pin action off of Hewlett-Packard's positive earnings preannouncement. We concluded that good news for Hewlett-Packard couldn't be extrapolated to the rest of tech because we'd heard so much bad news and so many negative forecasts, for example from Intel spacer. Then I, like a doofus, went and wrote a post about pin action, or more specifically the lack thereof.
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Stocks bounced back Friday after a two-day selloff that saw major indexes crash through support levels and shaved 872 points off the Dow.
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The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
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Dell reported earnings that declined 5 percent but easily exceeded expectations, sending its shares higher in late trading.
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The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
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There is no joy on Wall Street, and frankly, the mood is getting worse. On Wednesday, stocks hit a 5-1/2 year low on waves of selling stemming from a meltdown in financials. The group was down nearly 12%, with some big names like Citigroup at shocking lows.
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In this Web Extra find out how the traders are playing Dell, the Gap and much more!
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After several false starts, stocks pulled off a final-hour rally, boosted by a better-than-expected forecast from Hewlett-Packard.
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Stocks made another attempt at a rally Tuesday as investors juggled uncertainty over the govenrment bailout plan and an encouraging outlook from Hewlett-Packard.
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An opening pop quickly fizzled Tuesday as the market's gloomy mood overshadowed an encouraging outlook from Hewlett-Packard.
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Producer Prices were down 2.8 percent in October, the biggest decline on record month-over-month and far more than the expectations of down 1.9 percent.
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Following are the day’s biggest winners and losers. Find out why shares of Las Vegas Sands and Colgate-Palmolive popped while Abercrombie & Fitch and Alcoa dropped.
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Stocks ended at their session lows Monday following the latest wave of dismal news: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.
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Stocks wavered after a morning selloff as investors shrugged of the latest wave of dismal news: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.
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Stocks declined Monday as the latest wave of dismal news washed over Wall Street: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.
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The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
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When it comes to sustainability, Dell is thinking big -- and small. And it's the big things that are paying off the most.
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Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
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Following are the week’s biggest winners and losers. Find out why shares of McDonald's and Dell popped while DryShips and Citigroup dropped.