It may be time to step back from retailers, because the damage is broader than just apparel.» Read More
Even in a down market, there are stocks that buck the trend.
Growing concerns about credit quality are likely to delay some big leveraged buyouts over the next few months, CNBC's David Faber reported. “It doesn’t mean that any of the announced deals are not going to close, but they may ultimately cost more,” Faber said.
Well--the first weekly winner has been declared--Nancy Beaumont and she will be removed from the leaderboard. So how are the others doing? Here's a look from yesterday's action. Scott Wrynn maintains the top spot in the leaderboard for the second day in a row with his...
Stocks closed higher as investors overcame concerns about subprime lending to spark a late-day rally. "We're going through a short-term bounce," Mark Arbeter, Chief Technical Strategist at Standard & Poor's, told CNBC. "Volume, so far, on the upside has been fairly light, which is not encouraging. "
Private equity group Kohlberg Kravis Roberts said Monday that it will acquire discount retailer Dollar General for $22 a share in cash, or about $6.9 billion.
Stocks were set to start the week lower after concerns about sub-prime mortgage lending dented enthusiasm for a very busy Merger Monday.
Alex Vallecillo is co-manager of the Allegiant Mid Cap Value Fund and on "Morning Call" he gave his picks for our "Hidden Gems" segment (he's a five-star fund manager). Vallecillo listed these stocks as his picks and the reasons why he likes them (two of them are exclusives for cnbc.com readers).
Dollar General posted a quarterly loss on Tuesday, hurt by costs for closing stores and writing off stale inventory.
There will be plenty of news for investors to digest with several Dow heavyweights, including General Electric, Procter & Gamble, and Hewlett-Packard, all hosting analyst meetings this week.