"I don’t see what’s in the history of the automakers that leads anyone to believe that a $25 billion dollar loan isn’t just throwing good money after bad," says Karen Finerman. Agree?
After several false starts, stocks pulled off a final-hour rally, boosted by a better-than-expected forecast from Hewlett-Packard.
What's (not) up with small cap stocks? A glance at the market Tuesday showed the Dow down about 1 percent but the Russell 2000 Small Cap Index down more than 3 percent, causing many an observer to wonder what the heck is — or isn't — going on with the little guys.
We can talk all we want about the TARP program and who should get under that umbrella. Or GM and the pros and cons of a bailout. But the underlying root cause of all the credit woes started with, and still resides in, the housing market.
Almost every asset class — with the exception of U.S. Treasury bonds — will provide good opportunities for investors willing to take a long-term view, says Fritz Meyer, senior market strategist at Invesco AIM.
If the US auto industry is to survive, it will have to undergo a major transformation—slashing operations, focusing on fewer models, shedding dealerships and making better cars, analysts say.
Stocks made another attempt at a rally Tuesday as investors juggled uncertainty over the govenrment bailout plan and an encouraging outlook from Hewlett-Packard.
Ford CEO Alan Mulally says the bankruptcy of even one of America's auto companies could bring down the entire industry.
An opening pop quickly fizzled Tuesday as the market's gloomy mood overshadowed an encouraging outlook from Hewlett-Packard.
Wall Street faced a lower open Tuesday, but the damage was mitigated by a powerful earnings report from Hewlett-Packard, which bucked the economic trend this season by posting a bright outlook.
Investors will have an eye on Washington Tuesday as bailouts past and future are discussed on Capital Hill.
There's this notion, one you hear all the time, that because we're down so much, and because we’ve held at the October 10 lows and rallied from them every time, that we should all stop worrying and join the "land of a thousand bull dances" otherwise we'll be left behind.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
In late breaking news Dylan Ratigan reveals that Senate Democrats are preparing a bill to rush financial aid to auto makers.
Stocks ended at their session lows Monday following the latest wave of dismal news: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.
As recession fears continue to spread globally, investment banks like Goldman Sachs scramble to survive — and investment gurus alter their tactics and strategies to roll with the damage. CNBC's expert advisors gave their outlooks on what's coming and what to do about it.
While stocks have bounced back from their most recent lows, there's little optimism that the market has found a lasting bottom. Instead, most analysts see the market retesting those lows well into 2009.
Stocks wavered after a morning selloff as investors shrugged of the latest wave of dismal news: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.
It's not just the auto and auto parts makers that want in on the TARP program! At last count, the mayors of Philadelphia, Phoenix, and Atlanta are also asking for money. Who's next? Well, the Detroit Lions are 0-10 (I kid you not)...they could use a little...something?
Stocks declined Monday as the latest wave of dismal news washed over Wall Street: Retailers reported profit declines, big banks prepared for job cuts and Japan officially declared itself in a recession.