Given low bond yields, the less risky side of asset allocation strategies could use revising, such as the use of merger arbitrage funds.» Read More
General Electric Chairman and Chief Executive Jeffrey Immelt said his "green" ecomagination unit is on track to "blow away" its 2010 sales target of $20 billion as demand for environmental products and services surges.
Conference calls are the foundation for doing diligent homework. If you were listening to AIG's latest call, you'd know that the little business of aircraft financing is hot and getting hotter.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.
People just don’t believe Cramer when he says he thinks the Dow Jones Industrial Average will see 14,548 by year’s end. That’s why all week he’s breaking down each component of the index to show the nonbelievers from where the next 1,000 points is coming. 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.
Universal Studios said on Tuesday it has agreed to open its latest Asian theme park in South Korea by 2012, seeking to expand in Asia's burgeoning theme park industry.
Stocks ended mixed as the S&P 500 failed to hold above its previous record, despite another busy day of mergers and acquisitions activity. "Everyone knew that the S&P was going to reach its old record but clearly there is resistance there," said Stephen Porpora, managing floor broker at William O'Neil.
General Electric agreed to sell its GE Plastics unit to Saudi Basic Industries Corporation (Sabic) for $11.6 billion and plans to use much of the proceeds to repurchase stock. "It's hard for me" to sell the plastics business, GE CEO Jeff Immelt told CNBC's "Squawk Box." "But I think it goes to what I’ve always said about the companies--you’ve got to be tough- minded about the portfolio."
"Shrek the Third" took in $122 million in its first weekend, breaking the franchise's own record for best debut ever for an animated film, according to studio estimates Sunday. The latest adventure of the ogre shot past 2004's "Shrek 2," the previous record-holder for animated openings with $108 million.
Judges in Delaware's famed business court are keeping a close eye on legal issues cropping up amid the recent wave of private equity buyouts of public corporations.
Stocks ended the week mostly higher as strong economic data, soothing comments from Federal Reserve Chief Ben Bernanke and continued M&A action kept buyers in the market. The Dow Jones Industrial Average closed the week with gains of 1.7% while the S&P 500 traded up 1.1%. Both indexes closed higher for the seventh straight week. Not so for the Nasdaq, however, which fell 0.2%.
Stocks closed broadly higher on Friday as the major markets hit new highs on takeover news and encouraging consumer data. "Right now investor sentiment is surging to the optimistic side," said Chris Johnson, founder and chief investment strategist at Johnson Research Group.
Share buybacks are seen driving the market rally. But is the record buyback level really a good thing? Jerry Castellini thinks so. The president and CIO of CastleArk Management explained his optimism to "Squawk on the Street" viewers.
General Electric is close to selling its plastics unit for almost $11 billion to Riyadh-based chemicals company Saudi Basic Industries, the Wall Street Journal reported on its website on Thursday.
David Cote changed this ailing company into one of America's great manufacturers. That's why he's on Cramer list of top turnaround chief executives.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.
General Electric and the U.S. Consumer Product Safety Commission said on Wednesday the company was recalling 2.5 million built-in dishwashers manufactured from September 1997 to December 2001.
Responding to recent calls for General Electric to spin off NBC Universal, GE Chairman and CEO Jeffrey Immelt said he sees strong growth ahead for the news and entertainment unit but that "nothing is safe."
The following is a transcript of a CNBC interview with General Electric Chairman and CEO Jeff Immelt on CNBC's "Morning Call" today at 10:10 AM ET.
Countrywide Financial, the largest U.S. mortgage lender, plans to add 2,000 sales jobs this year as a housing slowdown batters weaker rivals, Chief Executive Angelo Mozilo said on Monday.
What does it mean if corporate earnings are "even better abroad" than in the U.S.? "A great play for investors," according to Keith Wirtz. The president and CIO of Fifth Third Asset Management offered "Squawk on the Street" viewers his outlook on the market -- and his favorite multinational stock picks.
Shares in Rio Tinto retreated as much as 4% on Thursday, a day after surging to a record onspeculation BHP Billiton may make a $100 billion-plus takeover bid.
In TV's worst spring in recent memory, an alarming number of Americans drifted away from television the past two months: More than 2.5 million fewer people were watching ABC, CBS, NBC and Fox than at the same time last year, statistics show.