Check out which companies are making headlines after the bell Wednesday:» Read More
CHESAPEAKE, Va.-- Dollar Tree's chief operating officer will take on the role of company president as well Monday. Gary Philbin, 56, will assume all responsibilities that until Monday had been performed by CEO Bob Sasser. Philbin joined the discount retailer as senior vice president of stores in 2001. He was named chief operating officer in 2007..
This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
Hedge fund managers and investment gurus have to notify the SEC about their moves every quarter. Investors pore over this data in the belief the big fish have special insight.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of the names on the move ahead of the open.
Despite economic headwinds and uncertainty in Washington, US consumers are rocketing ahead, leading analysts to revisit their GDP forecasts for the first quarter.
The past five years haven't been the brightest for the economy or consumers, but that hasn't held back retail stocks. It's been the consumer that has led the way for the Dow Jones Industrial Average since the Oct. 9, 2007, closing peak for the blue chip index, with two retailers landing among the top five performers since that time.
Although consumers' paychecks got a bit lighter this year when the 2 percent payroll tax cut expired, Wall Street analysts see reason to remain bullish on defensive retailers.
The American paycheck's not the only thing that's shrinking as big business thinks of creative ways — from smaller packages to deep price cuts — to capture the hesitant consumer's dollar amid signs of weak sales.
If your portfolio is awash in red marks and minus signs, perhaps you’re making this mistake.
Stocks soared for a second day to finish near session highs Wednesday, with the Dow within less than 100 points of an all-time closing high, boosted by upbeat earnings and economic reports and as Fed Chairman Ben Bernanke reaffirmed his support of the central bank's stimulus policy.
Take a look at some of Wednesday's midday movers:
*Fed chief reaffirms support for easy monetary policy. NEW YORK, Feb 27- U.S. stocks rose 1 percent on Wednesday as Federal Reserve Chairman Ben Bernanke remained steadfast in his support of the Fed's stimulus policy and data pointed to economic improvement.
*Fed chief reaffirms support for easy monetary policy. NEW YORK, Feb 27- Wall Street rose on Wednesday as Federal Reserve Chairman Ben Bernanke reaffirmed his support of the Fed's stimulus policy, the latest U.S. earnings showed strength and an Italian bond auction drew ample demand, reassuring investors.
Dollar Tree, known for selling a large selection of products for $1 or less, had produced higher than predicted quarterly profits this year.
There is a big potential upside in one group of stocks, which have been beaten down as of late Cramer said.
*Italy bonds, European stocks up after Italy bond auction. NEW YORK, Feb 27- Wall Street opened little changed as investors awaited a second round of testimony in Congress by Federal Reserve Chairman Ben Bernanke for clarity on the longevity of the Fed's economic stimulus program.
Feb 27- Dollar Tree Inc posted a bigger-than-expected increase in quarterly profit on Wednesday after shoppers spent more in its stores and the chain controlled costs, and its shares rose more than 5 percent to their highest level since October.
*Italy bonds, European stocks up after Italy bond auction. NEW YORK, Feb 27- U.S. stock index futures were little changed on Wednesday as investors awaited a second round of testimony in Congress by Federal Reserve Chairman Ben Bernanke for signs of whether the Fed will continue its economic stimulus program.
U.S. stock index futures edged higher Wednesday following the durable goods orders report and ahead of Fed Chairman Ben Bernanke's second round of testimony, but ongoing worries over political deadlock in Italy kept a lid on gains.