Flying home to New Jersey from Chicago after the first two days at his new job, Sergey Aleynikov was prepared for the usual inconveniences: a bumpy ride, a late arrival. He was not expecting Special Agent Michael G. McSwain of the F.B.I.
Markets have been on a rise for the last four trading sessions, but will the trend continue? And where should investors be looking? Phil Orlando, chief equity market strategist at Federated Investors, and Les Satlow, portfolio manager at Cabot Money Management, discussed their market outlooks.
CNBC’s Charlie Gasparino says Goldman executives are mulling a share buy back instead of giving bonuses. Wait, what kind of a bonus is that?
The rich have been getting richer for so long that the trend has come to seem almost permanent, the New York Times reported.
First off, I thought I would share a little good news with you all. Farr, Miller & Washington, LLC ranked in the top 1% of all large-cap growth managers over the trailing 12-month period ended June 30, 2009, according to PSN Enterprises Database of large-cap managers. We are very proud to have achieved these investment results for our clients, and we are always looking for more clients to add to our ever-increasing rolls.
Though sales of existing homes appear to be bouncing back— as cheap foreclosure properties attract buyers—the market for new homes is stuck below sea level.
There’s a lot of risk that comes with Citigroup right now, said David Trone, securities industry analyst at Fox-Pitt, Kelton.
With bank and tech shares climbing, how should you position to profit from this tape?
JPMorgan Chase asked the UK banking regulator to examine a pay deal offered by Barclays to lure one of JPMorgan's star proprietary traders to its own investment banking arm, Barclays Capital, the Financial Times reported Monday.
Stocks could drift on low volume in the final weeks of summer, but traders increasingly believe a pull back is brewing in the not too distant future. Even short interest, a powerful market driver, is waning.
Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding: New Jersey-based medical technology company Becton Dickinson. Berkshire also added to its stake in Johnson & Johnson, although the holdings are still well below where they were before Buffett sold over 33 million shares last fall.
Thursday's market activity was headlined by bad news, but rose despite a jump in jobless claims, a dip in retail sales and a new report showing a 7% increase in foreclosures.
Stock futures down as July retail sales disappoint: are the cash for clunker critics right? U.S. stock futures turned down as July Retail Sales came in below expectations.
Hedge fund manager John Paulson, who earned a fortune by betting against financial companies, bought a $2.7 billion stake in Bank of America and took stakes in other lenders during the second quarter.
Get the Word on the Street and the Fast Money traders' plays after the major BAC news.
Even in these tough times, major corporations are spending to entertain valued clients at golf tournaments and exclusive receptions, says the New York Times.
Some people may not expect Regis Philbin to be an investor type, but he’s been actively trading since 1983.
Is this just a momentary blip on the radar or is it the start of the 2009 summer sell-off?
Federal Reserve policymakers kicked off the two-day meeting to determine the U.S. interest rate policy. John Lekas, CEO and portfolio manager of Leader Capital, and Michelle Girard, senior economist at RBS, weighed in on what investors should expect.
Thrifty Bank of America is worse than bonus-mad Wall Street.