Wall Street will try to shake off its housing induced malaise on Wednesday, with the help of some good earnings news from the tech world. But key inflation and housing data and another batch of major earnings before the bell will be play a big role in deciding the course for stocks.
Top social network site MySpace and Web-calling leader Skype will offer MySpace members free Internet phone services in a bid to expand their user bases while fending off rivals, company officials said on Tuesday.
I didn’t make a big deal about it a few weeks ago, when I heard that Countrywide was launching a public relations blitz after months and months of negative publicity and talk of massive layoffs at the massive mortgage lender.
Stocks closed mixed as weak housing data was offset by better-than-expected auto sales from GM and sustained expectations for additional rate cuts by the Federal Reserve. "I think with liquidity back in the market you'll still see volatility but you're more likely to see more up days and fewer down days," said David King of Putnam Investments.
I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was. I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.
Like Fridays of old, speculation is swirling around names like Macy’s, Genentech and Yahoo. With the rumor mill back in overdrive, could the return of “Merger Mondays” be next?
Isn't Caterpillar also a play on CEEMEA? Why is EMC a better stock than VMware? Cramer answers viewers' questions.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.
“Power Lunch” is in San Francisco to focus on the role of of venture capital in the economy – from alternative energy to biotech to new media – and talk to major players in the field.
Following are the day's biggest winners and losers. Find out why shares of Blackstone (BX), eBay (EBAY) and General Motors (GM) popped while Countrywide Financial (CFC) and King Pharmaceuticals (KG) dropped.
L'Oreal, the world's largest cosmetics group, has launched legal action against eBay, alleging the online auctioneer does not do enough to combat the sale of counterfeits, the company said on Monday.