U.S. stocks declined on the last day of trade for August as investors eyed a recovery in oil and digested recent news out of China and the Fed.» Read More
Friday--today--is the last day of Trading With The Stars--and only transactions that were input by 4 pm ET Thursday will make a difference in their standings. As the Dow fell almost 150 points, Ernie Hudson was the only celeb to show a portfolio gain Thursday--on Gmarket. Jonathan Tucker regained the top spot, and Stephen Collins fell back into second on heavy losses in Golden Telecom. Meanwhile, Chris Moneymaker got crushed on Allscripts Healthcare, which has cost him $181,862.60 since he purchased it on 5/8, and he is now in last place. James Cromwell was hit hard by Knot Inc. which cost him $160K dropping him from 4th to 8th.
Wow--can Stephen Collins pick em or not. As we mentioned in an earlier post on contest stocks--best performong stock Foster Wheeler let the actor soar into first place in Trading With The Stars--with a $78K gain on FWLT--which was up 19.96% Wednesday. He now has a total portfolio value of $1,237,825.31 which gives him a $14K lead over Jonathan Tucker with 2 days remaining in the contest. Lots of hooray's for Stephen from the "Morning Call" Team--the show he's playing for.
Paul Fremont, managing director at Jefferies & Company, told CNBC’s “Morning Call” that he believes the outlook for electric utility stocks is strong.
McDonald's, Tata Motors, Qualcomm, GigaMedia and more...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.
Don't knock regulations: Citigroup's Greg Gordon says some investors swear by them. The equity analyst joined "Squawk on the Street" to offer his take on the utility industry -- and named his top utility stock picks.
Here’s today’s next head to head battle: Industrial giant United Technologies (UTX) versus steel powerhouse Nucor (NUE). and.... click here for a link to the brackets as seen on TV!