Teenagers who have grown up with eBay and the Internet have learned to trade designer sneakers, sometimes earning a profit in the process. NYT reports» Read More
I love the way press releases are written. Here are two very different ones. First, the press release making the biggest stretch: REESE'S® PEANUT BUTTER & BANANA CREME CUPS PAY TRIBUTE TO ELVIS PRESLEY. This is promoting--ok, I'm not kidding--new "Collector Edition Reese's Elvis cups" which feature "the unique flavor combination of peanut butter and bananas made famous by Elvis' love of peanut butter and banana sandwiches, a Southern favorite." COLLECTOR EDITION? Look for them to be bid up like crazy on eBay!
If Cramer were a gambling man, this is how he’d play his hand in the market today.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.
A rebound in the financial sector and positive earnings surprises triggered gains for some of the most actively traded stocks on Tuesday.
While the blue-chip Dow Jones Industrial Average has managed to surge over 100 points for two consecutive days, indexes measuring the health of the mortgage market continue to tumble.And that has left stocks tied to the industry a smoldering mess, spurring speculation about the extent of mortgage losses.
The experts call the 700Mhz wireless spectrum the last piece of undeveloped beachfront real estate in cyberspace, and Google wants it. "I'll tell you, even at Google you can't make a $4.6 billion commitment without being serious," says Chris Sacca, Google's vice president who's spearheading the company's aggressive lobbying effort of the FCC to make sure its voice is heard in the upcoming auction of wireless spectrum.
Amazon.com reported earnings of 19 cents a share for its second quarter, better than Wall Street estimates. Analysts forecast that Amazon would report a profit of 16 cents a share on sales of $2.81 billion, according a consensus estimate from Thomson Financial.
The minor league baseball independent Long Beach Armada is hosting "Michael Vick Animal Awareness Day" on Sunday. Any fan who trades in his or her Michael Vick T-shirt or jersey will get free admission to the game and a donation will be made in their name to a non-profit that helps "inspire a better understanding of dogs." Those shirts and jerseys will be destroyed in some manner, the team says. Fans can also bring their dogs to the game, will be provided a special entrance to the ballpark and sit in a special section of the ballpark.
Investors picked up where they left off a week ago, as stock prices hurtled to new highs with the Dow Industrials setting another milestone, but a Friday selloff kind of spoiled the mood.
Tech earnings for the week are in the books and we now all get to look ahead to Apple Inc.'s earnings next Wednesday. But reading the tea leaves from some of the biggest names reporting this week may signal a pretty good uptick in tech. And despite NASDAQ's declines today, some positive trends are developing that may signal a nice opportunity for investors.
Google reported its second quarter results after markets closed Thursday, posting a 28 percent rise in quarterly profit that fell short of consensus expectations -- despite rapid international growth and market share gains. Eric Schmidt, chief executive of Google, cited a "seasonally slow quarter.”
The buzz on the street on this morning is "earnings", says Scott Fullman, director of investment strategy for IA Englander & Co.
EBay on Wednesday posted second-quarter earnings per share of $0.34 on revenue of $1.83 billion, topping Wall Street expectations and its own outlook.
Yahoo chief executive Jerry Yang was found wanting on Wednesday by investors who said the company needed to devise a plan to combat weaker advertising growth more quickly than in the 100 days promised by management.
The tech earnings parade continues through today, now that we have Intel and Yahoo in the books. Strange day for tech, Tuesday was. So much optimism about Intel and yet the company disappoints, at least at first glance, with softer margins than expected. But here's another way to look at Intel's numbers which may actually bode well for broader tech the rest of this year.
With Internet businesses set to report earnings this week, two analysts joined "Power Lunch" to discuss the likely performance of big names in the sector.
Speculation in London newspapers over the weekend about a potential $50 billion offer on the way for Alcoa from BHP Billiton is among the largest of possible deals for traders to focus on today.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Those who bought Alcoa July call options on Monday managed to catch a break in spite of lackluster quarterly results. Late Monday the aluminum maker posted revenue figures below analysts' estimates -- the very type of news that can hammer a company's shares and evaporate the value of call options.
The controversy over just what the U.S. Supreme Court's ruling on Leegin v. PSKS means is still fueling debate. Hedda Schupak, Editor-in-chief of Fine Jewelry publication JCK wrote in with her impression on just what the ruling will mean for high end retailers. She seems to think that price-flooring has been going on for a long time and that the new ruling won't change those practices that drastically.
Google has acquired GrandCentral Communications, a start-up that lets users manage their existing phones and voice mailboxes over the Web as if they were a single account, the company said on Monday.