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From mid-July to late July short interest dropped 5.34 percent, on average, in the shares of 17 major financial firms affected by the U.S. Securities and Exchange Commission emergency short-selling rule, according to the latest data from the exchange.
The Dow made gains on Monday with investors believing the current down trend in oil improves prospects for consumer and business spending.
These are the plays you need while the market is still open!
Top global logistics firm United Parcel Service, playing down talk it will pay more than $15 billion for all or part of TNT, said buying the smaller rival would devalue its own shares and called such takeover speculation a "rumor."
Short trading in 19 major U.S. financial stocks will revert to rules governing other shares Wednesday as a Securities and Exchange Commission experiment against abusive short selling expires.
Buy and hold, buy and hold. To Cramer, that strategy is garbage. Why? Because it assumes the market will never top out. But those who remember 2000 know different. Here's how to spot a peak in a portfolio.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.
Late in the day, Moody's said they may downgrade the debt of American Express; Moody's say they were concerned about AmEx's lending exposure to areas of the country that have experienced sharp home price declines.
The Dow took the Fed ball and ran with it, crossing the finish line with a gain of more than 330 points.
The Dow got a pop of relief after the Fed announced plans to hold rates steady and said inflation should moderate.
Stocks rallied unusually sharply for a Fed-meeting day, buoyed by oil's drop below $120 a barrel and a better-than-expected report on the services sector.
Stocks jumped after a report showed a better-than-expected improvement in the service sector last month. The market had already been buoyed by falling oil prices and confidence that the Federal Reserve won't deliver any surprise surprise rate moves.
Oil prices hit a three-month low of $118 a barrel on Tuesday, prompting some analysts to say oil's six-year rally has run its course—but only for now.
Bankers and traders are bracing for sharply reduced bonuses amid one of the worst downturns ever—and they will be the lucky ones.
Amid tough economic times and legal problems, the famed Cipriani hotel and restaurant empire is looking to find a partner, according to people familiar with the matter.
Outside investment in a major bank has Cramer thinking we're ready for a turnaround.
Don Wordell has some mid-cap ideas to help position your portfolio for recovery. "Our process revolves around three things: Yield, valuation and fundamentals," he told CNBC.
One year into the credit crisis that led to the near-collapse of Bear Stearns, some big U.S. investment banks are down, but probably won't get taken out right now.
U.S. securities regulators have extended through Aug. 12 an emergency rule aimed at curbing abusive short selling in the stocks of 19 major financial firms, including mortgage giants Freddie Mac and Fannie Mae.
Imagine being a summer intern at a company that was getting slammed by huge losses, laying off hundreds of workers and even subject to rumors about its survival.
Deutsche Bank analyst Mike Mayo said that Citigroup may post third-quarter write-downs of about $8 billion from its exposure to collateralized debt obligations (CDOs), a day after Merrill Lynch agreed to sell its CDOs for just 22 cents on the dollar.