A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.» Read More
Stocks ended on a sour note Tuesday, but still managed to log their best quarter in a decade.
What a bad way to end a terrific quarter. Both the Dow and S&P 500 finished in negative territory despite concluding the best quarter in a decade!
As we face the second half of 2009, how should investors play financials? Dick Bove of Rochdale Securities offered CNBC his take on bank stocks.
Stocks are staging a dramatic end to a tumultuous quarter with the S&P likely to close up about 15% for the 3-month period. But is this the end of the line?
Stocks fell sharply Tuesday, with the Dow down more than 100 points, after a report showed consumer confidence slumped in June after a sharp rise in May. Today is the last day of the quarter, which means thin volume and volatility as investors do some last-minute window-dressing.
Goldman Sachs raised British bank Lloyds Banking Group to "buy" from "neutral," adding it to its conviction buy list, the bank said in a research note quoted by Reuters. Lloyds shared have topped the FTSE index Monday, rising nearly 7%.
The Dow closed lower with investors worried about consumer spending after a government report showed the savings rate rose in May to a 15-year high.
JPMorgan Chase has snapped up market share for its investment banking unit and, amid the financial crisis, its large balance sheet may put it in a position to threaten Wall Street's dominant investment bank, Goldman Sachs.
The Nasdaq traded higher Friday while stocks overall lost ground. Is technology emerging as true market leader?
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.
If you’re a bull who’s waiting for the next leg higher, we have some bad news. Technical analyst John Roque has spotted some ominous patterns in the charts.
Fed Chairman Ben Bernanke testified in front of a House Committee Thursday that he did not put pressure on Bank of America to close the takeover of Merrill Lynch. Unemployment numbers released are showing a weak job market and GDP growth is still in a decline. Read and watch what the pros say...
Stocks opened lower on Thursday after weekly jobless claims came in higher than expected. In the meantime, the economy contracted 5.5 percent, the Commerce Department said in its final reading on first-quarter GDP. That was a smaller contraction than the 5.7 percent initially reported. Read and listen to what the experts had to say...
Big U.S. banks like Citigroup and Bank of America are attractive because there is no chance of them failing, Ron Ianieri, chief market strategist at ION Options said Thursday.
President Obama is standing behind the clean energy bill that makes its way to the house at the end of the week. So how can you make money on clean energy stocks? Vince Farrell, CIO of Soleil Securities and Kevin Landis, CIO and portfolio manager of Firsthand Capital Management recommended the following stocks:
The market traded sideways on Tuesday with Dow finishing slightly lower and the S&P 500 closing a little higher.
Newsletter writer and frequent CNBC guest Dennis Gartman isn't standing behind his reported "Warren Buffett is an idiot" quote. But Gartman does tell CNBC it's "inexcusable" that Berkshire Hathaway fell 45 percent in one year because Buffett didn't do enough to "mitigate" his losses in a tough market environment.
Since it looks like stocks could be heading for a major correction, the Fast Money traders suggest 6 picks for your radar, right now!
Stocks suffered their worst one-day loss in two months driving the S&P 500 back into negative territory for the year.
Plus, get calls on health care, the banks and more.