Kenny Polcari, Director of O'Neil Securities, and CNBC's Courtney Reagan talk about what to watch in the last hour of trading. » Read More
Stocks staged an impressive Election Day rally as hopes for change lifted the market and Mastercard led gains by a raft of financial-related stocks.
Stocks staged an impressive Election Day rally as hopes for change lifted the market and MasterCard led gains by a raft of financial-related stocks.
Global stock markets rose to a two-week high as investors around the world focused on the US presidential election.
Requests for help from top U.S. corporate charities has risen sharply, but spending in 2009 by some of America's largest foundations is likely to be flat as the companies behind them weather the global financial crisis.
General Electric does not expect the Treasury Department to offer to invest funds from a $700 billion fund to bail out the financial industry in its GE Capital arm, but would listen to a proposal if one were made, a GE spokesman said Tuesday.
Greg Estes, portfolio manager at Intrepid Capital Funds and Alan Vales, vice president at Hillard Lyons named some stocks to help investors build and strengthen their portfolios for next week’s trading.
There are only a handful of billionaires around the world who are playing in Warren Buffett's league. Mexico's Carlos Slim is one of them. In a very rare on-camera interview with CNBC's Michelle Caruso-Cabrera, Slim talks about Buffett and his two recent multi-billion dollar investments in Goldman Sachs and General Electric.
A friend of a friend, who happens to be a senior executive at a New York based media conglom, was lamenting this recently as he braced for another big RIF (reduction in force) at his company
When volume is light—as it typically is in bear markets—the actions of a relatively small number of investors can have a profound impact on stock prices.
We have seen some amazing swings in the Dow over the past month but is there a pattern here?
Despite the pullback in consumer spending and steeper than ever competition, Comcast on Wednesday reported remarkable growth in its third quarter.
Erroneous reports about GE’s 2009 profit forecast are widely believed to be the cause of Wednesday's late day sell-off . However, the rumor mongers didn't get it right.
If you blinked in the final minutes of trading today, you probably got the story wrong. The final hour of trading has become known for its wild swings, but outdid itself this time: After being up about 250 points at 3:54 p.m., those gains evaporated and the Dow Jones Industrial Average ended down 74.16, or 0.8 percent, at 8990.96.
Talk about a disappointment. The Dow moved over 400 points in about 5 minutes into the close. This is not easy to sort out, but most traders put the bulk of the blame for the sell-off on purported comments from General Electric (our parent network) CEO Jeff Immelt that he wants to keep 2009 profit expectations even if revenues fall 10 to 15 percent.
S&P futures have been positive only briefly late in the morning, however there has again been a 40-point swing from the high to the lows. Bottom line is that pre-open volatility continues.
Google, the Internet search and advertising giant, is increasingly looking to the energy sector as a potential business opportunity, says the New York Times.
Robert Zagunis is not looking for an overnight recovery — but he suggests it just might be a perfect time to buy stocks. Some familiar names top his list.
Stocks ended the day significantly lower but avoided a catastrophe, as an orderly selloff staved off what some thought would be a massive market capitulation.
The equity market collapse began in the Far East as Sony shares slide 14 pct after they issued a profit warning. The electronics maker cut its profit forecast in half as the strong Japanese yen and the ongoing credit crisis is hurting demand for its cameras and flat TVs.
Warren Buffett has very publicly proclaimed that now is the time to be "greedy" and buy U.S. stocks, because everyone else is fearful, and those fears are driving down stock prices to bargain levels. While some praise his leadership and courage, there are also skeptics.