Equity investors might want to check out a fund that hasn't made an original stock market bet in 80 years.» Read More
Women's clothing and lingerie retailer Limited Brands, which owns Express and Victoria's Secret, is close to selling its apparel business, a trade publication reported today.
Richard Branson, chairman of Virgin Group, told CNBC’s Phil LeBeau that Virgin Atlantic Airways plans to test bio-fuels next year in an effort to reduce carbon emissions and increase efficiency.
The face of Hannibal Lecter was no match for Shia LaBeouf in a box-office battle of murder thrillers.
The subprime search: When the year began, the word “subprime” wouldn’t have registered a blip on anyone’s radar. I think it’s safe to say that certainly isn’t the case now, thanks to the troubles of New Century Financial, and other lenders who dealt with people with less than perfect credit. Now, whenever we see a headline involving mortgages, we all think the same thing: Subprime? We asked that question twice in the past two days -- and the answer was “yes” both times.
I know I've blogged about green building before, but humor me if you will, because I'm not going to let Earth Day go by without reminding everyone of the enormous and growing potentials of going green at home. Now I'm no Al Gore, but one trip to the International Home Builders Show in Orlando a few months ago had me ready to rip out my century-old insulation and put a timer on every light switch.
Every year the TV networks gather with advertisers at Radio City Music Hall in New York in mid-May. The TV nets trot out their new shows, trying to lure advertisers with big parties and big promises of big hits, everyone hoping to hit the next "Friends." NBC starts off the upfronts on May 14 and I'll be there.
Citing strong growth in Europe and the Middle East, Honeywell International reported a 20% rise in income, cruising past Wall Street estimates and raising its 2007 profit forecast.
General Electric's WMC Mortgage subprime lending unit plans to lay off 771 workers, about half of its staff, a spokeswoman said.
The Virginia Tech gunman sent photographs, videos and writings to NBC in New York before he died in the massacre that left 33 people dead, authorities said Wednesday.
At its "First Look" presentation to advertisers Tuesday -- like the TV Networks ad upfronts -- AOL announced five web broadband deals. Randy Falco presented partnerships with Dreamworks Animation, Ellen, and reality TV guru-producer, Mark Burnett. These big announcements designed to draw advertising dollars, promising advertisers better metrics on who's watching what, than you can get from TV ads.
AMR, parent of No. 1 U.S. air carrier American Airlines, swung to an $81 million profit on Wednesday from a year-ago loss as it filled more seats on planes, charged higher fares and paid less for fuel.
Texas' Attorney General said he filed a court action against CVS/Caremark, after finding customer records including personal information in a trash dumpster behind one of the chain's Texas stores.
Black & Decker raised its first-quarter profit and sales forecasts late Monday, citing strong international demand for power tools and favorable U.S. order trends. Shares of the company rose.
Media company Dow Jones reported a rise in first-quarter operating income that beat the market's expectations Friday, citing strength in its online business and its ability to control costs.
Cramer is finally getting behind "green" companies - all because of a little Supreme Court decision handed down two weeks ago. 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.
Some of the world’s most popular music artists will perform in an unprecedented, global 24-hour concert event to raise funds and awareness to combat global warning, the event’s executive producer told CNBC’s Bill Griffeth on “Power Lunch.”
Wal-Mart, the world's largest retailer, has reclaimed its position as the largest corporation in the U.S. among the Fortune 500, pushing Exxon Mobil down to number two. With more than $351 billion dollars in revenue, the magazine ranks Wal-Mart slightly ahead of the energy giant. Wal-Mart is on top for the fifth time in six years.
Good morning all. Parker Robinson and James Kraber maintain the top two spots on the overall leaderboard. As the leaders begin to amass more capital, they are starting to make less risky trades and diversify more. Parker's portfolio value stands at $2,826,461.09 up only $2,950 including $3,000 in bonus bucks.
Stocks closed higher Friday following positive earnings guidance from a handful of big companies, pushing the major indexes up for the week. Bullish quarterly earnings forecasts by both Merck and McDonald's lifted the Dow Jones Industrial Average, which ended up 0.4% for the week. The S&P 500 rose 0.6%, while the Nasdaq climbed 0.8%.
As corporate earnings reports begin in earnest next week, merely meeting Wall Street expectations may not be good enough. Companies may have to beat forecasts to compete for investor dollars.