After a near double in the stock price, Cramer urged investors to cash out and buy another financial instead.
Plus, Cramer talks credit cards, banks and CEOs.
As of yesterday, over 80% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Cramer makes the call on viewers' favorite stocks.
As of yesterday, over 40% of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
Following are the day’s biggest winners and losers. Find out why shares of Dendreon and Saks popped while Starbucks and Dell dropped.
Banks were hurt by a recent report by Mike Mayo, Cramer tells you why you should pay no attention to it, and points out the best and the worst in the sector.
A few of them look attractive right now, Cramer says. Here's one of his top picks.
The S&P Financials Sector is now up ~60% since March 6. Given this huge run, it looks like the shorts are back. Here is a look at how the short interest in these beaten companies has changed over time.
A very important program—the TALF—is off to a slow start due to political risks surrounding the program.
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.
The number of job cuts continued to soar in February 2009, reflecting the worsening US recession.
More companies announced layoffs this week as the employment picture continued to dim. JPMorgan Chase and Chesapeake Energy were among the latest names on Thursday to announce job cuts.
CNBC’s Million Dollar Portfolio Challenge once again saw contestants trading on earnings news and currencies as well as taking some risks, but our latest contest had a new twist - ETFs. CNBC asked the three winners of the challenge about their strategies, top trades and anything else that helped them profit in a down market.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
The S&P Financials Sector is now down over 35% YTD and ~70% in the past 12 months. Given this continued drop, here is a look at how the short interest in these beaten companies has changed over time.
Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.
On a week dominated by the $787B stimulus plan passed by the House, with the Senate scheduled to start the vote at 5:30pET Friday, the markets came close to retesting their November lows to end the week down 3.5% or greater.
For the week ending Friday, February 6, 2009, stocks edged up on a surprising rise in December pending home sales, a smaller than expected contraction in January’s ISM Non-Manufacturing Index, and strong earning results from the pharmaceutical sector.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment.