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In his annual Berkshire Hathaway letter, Warren E. Buffett recently urged investors to pose tough questions at the shareholders meeting in May. Here is one on the mind of some Buffett watchers: When are you going to fix Moody’s?
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Sometimes you just run out of steam. Following are 3 stocks that Jeff Macke says have gone about as far as they can go.
Stocks surged on Tuesday after an unexpected leap in housing starts pushed Home Depot and other retailers higher...
In an era that some might call corporate welfare, Cramer discusses who needs to generate their own cash.
Too many analysts are making too many calls. How on earth is anyone supposed to sort through the multitude of conflicting notes on the banks today?
Widely followed analyst Meredith Whitney has some new insights about the banking sector. What lies ahead?
Futures came off their lows for the morning as February housing starts and permits were much stronger than expected.
Goldman, which accepted billions of taxpayer dollars last fall, is offering to lend money to more than 1,000 employees who have been squeezed by the financial crisis.
Typically, the head of the Fed avoids TV interviews. But times are anything but typical and Ben Bernanke has something he wants you to know.
Stocks snapped their winning streak Monday after American Express reported that credit-card deliquencies rose in February. Techs were particularly weak amid worries about tech spending.
It was a late-day selloff that was widely anticipated: we went from WILDLY OVERSOLD to MOSTLY OVERBOUGHT, in 6 trading sessions!
Plus, Cramer makes the call on JPMorgan Chase, Hewlett-Packard, Goldman Sachs and more.
Stocks advanced Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that the recession could end this year fueled some optimism. But weakness in big-name techs dragged on the Nasdaq.
The face of Wall Street undoubtedly changed forever last fall, with the Lehman Brothers bankruptcy, the Bank of America acquisition of Merrill Lynch, the government’s unprecedented 79.9% stake in AIG, and the shift of major investment banks (like Goldman Sachs and Morgan Stanley) to become bank holding companies. However, before all those stunning events unfolded in the fall, exactly 1 year ago today, JPMorgan Chase agreed to acquire Bear Stearns for $236 million or $2 per share – signifying the end to one of Wall Street’s most storied franchises.
Among those young people coming of age today, we can see a shift in goals from just a few years ago. Gifting is creative: kids donating their big events for causes rather than spending on lavish parties. There’s less desire among graduates to plunge into big-money-making endeavors rather, there is genuine interest in giving back.
Stocks opened higher Monday as banks continued their winning streak and Federal Reserve Chairman Ben Bernanke's weekend remarks that he expects the economy to start recovering next year spurred optimism.
Stock index futures indicated a higher open for Wall Street, with investors optimistic after Federal Reserve Chairman Ben Bernanke said he expected the economy to start recovering next year.
With AIG set to pay $165 million in bonuses to workers at the unit that nearly brought it down, the list of the insurer's counterparties shows that big European banks were among the top beneficiaries of the taxpayer-financed bailout.
AIG, the insurance giant that received taxpayer-funded bailouts worth $173 billion and sparked a political storm with its plans to pay $165 million in bonuses, revealed the list of its counterparties.