CNBC's Julia Boorstin reports on Disney's big promotional push ahead of its "The Force Awakens" movie, and the business impact.» Read More
Stocks fell sharply after a late selloff Monday after a report showed consumer credit rose slightly. Industrials, financials and tech were the weakest links.
The euro fell below $1.19 for the first time in more than four years on Monday but recovered most of its losses as U.S. stocks rose slightly and strong German manufacturing data pushed investors to buy back the currency. Ashraf Laidi, chief market strategist at CMC Markets discussed his insights.
US stocks ended the week down almost 1.7% or greater, marking the worst June weekly debut since 2008 when the Dow lost -3.39%, the S&P fell -2.83%, and the NASDAQ declined -1.91% in the first week of June.
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By Friday's close the S&P had fallen below 1,070, a level which had been considered support. How much farther is the S&P going to fall?
Advertising industry insiders tell me that Fox should wrap up its ad sales today and all the networks could complete their Upfront sales in a week. That's weeks earlier than the July 4 date expected, and months earlier than last year.
Stocks logged their third best day of the year Wednesday, led by energy and financials, as investors grabbed bargain shares beaten down in the prior session's selloff. A report showing pending-home sales hit a six-month high gave the market an extra boost.
Stocks remained higher Wednesday, led by energy and financials, as investors grabbed bargain shares beaten down in the prior session's selloff. A report showing pending-home sales hit a six-month high gave the market an extra boost.
The markets look choppy in the short-term but "there’s a feeling that we are forming a bottom" and there will be opportunities on the upside longer-term, said Richard Del Bello, senior partner at Conifer Securities. So where should investors put their money?
Hollywood's strong box office run so far this year came to a screeching halt Memorial Day weekend, as movies' theatrical performance fell off a cliff.
On a week that saw Apple surpass Microsoft in market cap, the BP oil spill continue to impact the ecosystem and drillers, Spain lose its AAA rating, and the worst May performance for the Dow since 1940, and the S&P since 1962, the major indexes managed to end the week on a positive note, except for the Dow which closed down slightly.
Wall Street limped to the finish of an ugly May, dropping on European debt fears and lackluster economic news, though stocks were well off their lows heading into a holiday weekend.
The euro fell sharply against the U.S. dollar Friday after Fitch downgraded Spain's credit rating. Which way will it go next? Boris Schlossberg, director of currency research at GFT Forex, discussed his outlook.
FBI agents arrested two individuals, including one Disney employee, in Los Angeles Wednesday morning on charges related to insider trading, CNBC has learned.
Stocks closed about a half-percent lower after a bargain-hunting rally collapsed late Wednesday, with traders booking gains from earlier in the day and refusing to give the market a vote of confidence.
This is the text of a letter the FBI says was sent to hedge funds and other investment companies in the United States and Europe. It is included in the complaint against Bonnie J. Hoxie and Yonni Sebbag, who have been charged with trying to take advantage of inside information about Disney's finances.
Insider trading allegations have hit The Walt Disney Company. But the real story hidden within the SEC criminal complaint was the inclusion of an email about Disney's possible sale of ABC.
Plus, get calls on drugs, banks, tech and more.
The recent announcement that FedEx would not be back as title sponsor of the Orange Bowl is noteworthy for the reason why the 21-year relationship ended.
Fears of global economic contagion sent the markets falling for the second day in a row, pushing the Dow below 10,000. But Bill Smead, CEO and CIO of Smead Capital Management and Craig Hodges, co-portfolio manager at The Hodges Fund said they still remain bullish on the markets.