Billionaire investor George Soros reported Tuesday that he had more than doubled his stake in Microsoft Corp.'s common stock to 415,497 shares as of March 31 from a previously disclosed stake of 198,075 shares.
Why are earnings so important? Well, this CNBC-TV news report today from Bob O'Brien shows what they can do. Bob focused on Goodyear, which admittedly is not a contest stock that might put you over the top, but with their earnings report out, the stock saw a 6.345 rise at one point today.
Cramer had a few special "callers" for tonight's edition of the Lightning Round. You won't want to miss this one.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.
Since the days of Barney Rubble, the wheel has been one of the basic indicators of global progress, and that's still true today. From 18-wheelers to hybrid vehicles, demand for tires is surging because of a healthy global economy. For some investors, the tire industry has been the proverbial road to riches. Should you be following along or is it time to wave the checkered flag on this trade
Right now, the best move for investors is to find stocks that made it through the sell-off without a scratch. Luckily, Cramer’s here to help.
Goodyear Tire & Rubber, the largest U.S. tire maker, reported a wider quarterlyloss Friday due to a nearly three-month strike by union workers in North America that cost the company $367 million.
As I woke in Detroit after flying in from New York this morning, I saw the story on "Squawk Box," - another Wall St. firm had raised GM to a buy rating. Why? Primarily on the idea that GM's 17 billion surplus on It's pension wil give it the leverage needed to strike a better deal with the uaw regarding retiree healthcare costs.
Shares of Goodyear Tire & Rubber climbed to a new 52-week high Wednesday, the first day of trading since the end of a three-month strike that had significantly curtailed the company's production.
Goodyear Tire & Rubber expects to ramp up production over the next few weeks at 16 U.S. and Canada union facilities where workers had been on strike for nearly three months.
The union representing about 14,000 striking Goodyear Tire & Rubber workers approved a new contract that includes plans to close a Texas tire factory and creates a $1 billion health care fund for retirees, the United Steelworkers said Friday.