CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.» Read More
Warren Buffett's Berkshire Hathaway sharply increased its stake in ConocoPhillips this spring and summer, accumulating a total of 84 million shares as of the end of the third quarter on September 30, according to Berkshire's just-released quarterly portfolio filing with the SEC.
Blogging about staff cuts is particularly prevalent in Silicon Valley, where companies feel pressure to break bad news on their own blogs so that they can better control the message.
The final week of October promises to be volatile and even scary, but traders are holding out hope that it's the month where stocks finally hit bottom, even if it means another stinging downdraft before it's over.
Friday couldn't come fast enough for stock investors. Thursday, like most of the week, was punctuated by wild, gut wrenching swings. Friday doesn't look like it will be much different.
The stock market is on its own wild ride these days, but if investors were to step off the roller coaster for a minute, they might see signs of life in the credit markets.
Stocks will take their cue from credit markets in the week ahead and whether they are responding to any of the government's efforts to thaw the glacial credit freeze.
It's a tough time for newspaper and magazine publishers. This week, "The Sun," the six-year old daily newspaper, printed its final paper. The conservative-oriented paper searched for new financial backers for nearly a month, and finding no private equity interest, had to shut down. Meanwhile Variety, the 103-year old Hollywood trade publication, can't find a buyer.
Earlier this week, we wrote about the highest yielding stocks on the Dow. The S&P 500 also has some nice yielding stocks. If you are worried about the financials being able to continue to pay thier big dividends (with Freddie Mac's big slide, its yield is now over 20%!), there are nearly 40 stocks on the S&P that are currently yielding 5% or more. Here's a breakdown.
Medal Round - Day 5: Half way through the medal round, the playing field continues to shift. The US' S&P 500 looks poised to stay on track for the gold, but the silver and bronze are up for grabs.
Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
Stocks closed higher, with bank shares rising broadly, though the market pulled back from its biggest gains as oil stemmed its slide.
Gannett plans to eliminate 1,000 positions from its local newspapers around the U.S. because of declining advertising and circulation revenue, and may cut more if those conditions persist.
John Dorfman's prescription for a portfolio: A pharmaceutical, a defense contractor, a media company, and a technology stock.
Following are the day’s biggest winners and losers. Find out why shares of Charles Schwab and UPS popped while Chicago Bridge & Iron and Gannett dropped.
There's yet more news of trouble in the publishing business. This morning Gannett reported a 36 percent drop in second-quarter earnings on 10 percent lower ad revenues at its newspapers including USA Today.
Oil's move could be a key trend in Wednesday's markets, as traders watch more Fed testimony, a bunch of earnings reports and another helping of inflation data.
Newspapers are breaking records -- and it's not a good thing. A double-digit drop in newspaper ad revenue, the third consecutive year of declines, and record margin contraction makes this the industry's worst year ever. The newspaper industry's ad revenue is down 12 percent this year, on top of last year's already dismal 8 percent drop.
Following are the day’s biggest winners and losers. Find out why shares of Coach and Broadcom popped while Gannett and XTO Energy dropped.
Cramer makes the call on viewers' favorite stocks.
Needless to say, the newspaper business is struggling with declining ad revenues and circulation. Just look at the stock charts for the New York Times Company or Gannett. The big challenge for all these companies---including Tribune, now controlled by billionaire Sam Zell and Dow Jones, now owned by the Wall Street Journal, is growing the business of newspapers...