Stocks fell Wednesday as investors considered payrolls data and a report on manufacturing.» Read More
Batman buried his rivals at the North American box office for a second weekend on Sunday, racing past $300 million in a record 10 days.
For the week ending Friday, July 25, 2008, the markets closed mixed for the week, on negative housing data, and mixed earnings results. An early rally in financial and airlines stocks, supported by the continued slide in oil prices, was quickly wiped away by ongoing uncertainty in the economy. The Dow dropped more than 280 points on Thursday, marking the worst one day point drop in over a month. However, Friday saw a slight rebound on strong durable goods and a bounce back in consumer sentiment. Only the Nasdaq finished slightly up 1.2% for the week. The Dow and S&P finished down 1.09% and 0.23%, respectively.
A major Middle Eastern investor should help the company. But there are more reasons to like this stock.
Hitachi and General Electric plan to wade deeper into the field of midsize nuclear reactors, seeking to tap growing demand for smaller power plants in Southeast Asia and other emerging markets.
Stocks surged in the final hour of trading as a sharp drop in oil prices and an analyst note prompted a late rally in financials. The Nasdaq eked out a gain but investors still punished select techs, including Apple and Texas instruments after the firms dispatched disappointing results.
CNBC asked the smartest people in the room for their thoughts on the markets and the economy.
U.S. consumers are going to continue to feel pain until housing prices stabilize, even though global growth remains mostly strong, General Electric Chairman Jeff Immelt said.
Conglomerate General Electric and Abu Dhabi investment agency Mubadala Development said on Tuesday they have entered into an $8 billion joint venture with an initial focus on providing commercial finance in the Middle East and Africa.
A very mixed earnings picture in the last twelve hours. Yes, AmEx, Apple, and Merck and Texas Instruments disappointed. But DuPont, Suntrust and Packaging Corp. were better than expected.
Protests against China's policies at home and abroad, as well as marketing techniques used by companies that are not official Olympic sponsors, have made the Beijing games a risky proposition for some sponsors.
This is all great news for Warner Bros. and its parent company Time Warner. The studio faltered with high-budget "Speed Racer," which bombed at the box office. It bounced back with megahit "Sex and the City", which exceeded all expectations.
This past Saturday marked the one-year anniversary of the Dow Industrials’ first close above 14,000. Needless to say, it has been quite a ride for the Dow since it first reached that milestone; the Dow continued to establish new all-time highs into October before falling to 2-year lows this month.
Wells Fargo handed in some good results, but watch for trouble out of Wachovia.
"It's a sucker's rally," Kathy Boyle, president of Chapin Hill Advisors, says of this week's market move. "If you make money here, don't get greedy."
Airline manufacturers are trying to bolster their green credentials by playing down the importance of speed and lauding initiatives to reduce the environmental impact of flying, as well as the cost.
Diversified U.S. manufacturer United Technologies said Thursday quarterly profit beat Wall Street forecasts, on solid demand for Otis elevators and fire and security equipment from the commercial construction sector, and boosted its full-year profit outlook.
Over 1.4 billion shares and $16.5 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
For years, mortgage giants Fannie Mae and Freddie Mac tenaciously worked to nurture, and then protect, their financial empires by invoking the political sacred cow of homeownership and fielding an army of lobbyists, power brokers and political contributors.
To give investors an edge, CNBC asked the experts for their best investment advice now.
We are seeing a modest rally, led by financials. Lehman, for example, has gone from $12 at its bottom shortly after 10 am ET to just about $14, up 11 percent, though most other financials remain in negative territory.