"The turnaround is working in enterprise services, and the investors are starting to see that," Hewlett Packard Enterprise CEO Meg Whitman says.» Read More
Google's foray into the operating system business is grabbing lots of headlines this morning following last night's blog post that the company is set to unleash its Chrome OS into the market, a direct threat against Microsoft and Windows. And while the news might be intriguing, it's hardly news for a number of key reasons.
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With one day left in the quarter, the Dow and S&P ended in positive territory as fund managers snapped up winners in an attempt to embellish their portfolios.
Stocks rallied Monday as convicted Ponzi swindler Bernie Madoff received the maximum sentence and oil topped $71 a barrel. Plus, there was some window dressing as Tuesday marks the end of the second quarter.
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Oracle reported earnings above expectations as its profit margin hit a record and software sales fell less than analysts had projected.
The use of digital coupons is on the rise. Is this a sign of a more stressed consumer or are there other factors at play. Perhaps, it's both, according to Steven Boal, CEO of the largest digital coupon provider Coupons.com.
On a week where the US markets continued to stall with all major indexes negative for the week with quadruple witching, bank regulation, a sell off in energy, the markets await the Fed meeting next week closing mixed for the day on Friday.
Investors typically look to small cap stocks as the leaders out of a recession. More nimble than their large-cap counterparts, small cap companies are quicker to adapt during both economic downturns and periods of recovery.
At the March 9 bottom, the banks were falling fast and behemoths like Google were at risk of falling out of the Top 20 biggest companies in the S&P 500. Three months later, that has changed significantly.
The Walt Disney Co. is no stranger to the consumer electronics business, enjoying big success with its Hannah Montana MP3 players, digital cameras, flat-panel TVs and the like. But today's entry into the netbook arena is the company's most ambitious plan yet to seize on the success of electronics and a consumer's insatiable need for gadgets.
Investors should wait and be cautious before they jump into the markets—we still have a lot of headwind against us, said Dave Rovelli, managing director at Canaccord Adams.
Options traders apparently think that Western Digital is headed lower. OptionMonster's tracking systems detected heavy activity in the July 22.50 puts, which changed hands for $0.60 to $0.90 Tuesday morning.
Russia proposed a new world reserve currency that would be issued by international financial institutions to reduce reliance on the U.S. dollar. However, Liam Halligan, chief economist at Prosperity Capital Management said the west does not need to be scared, but should learn to “cohabitate” and share the prosperity around the globe.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
If the latest jobs data signals the recession has come to and end, how should you position yourself?
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
Rather than punishing this company for a potentially dilutive acquisition, traders took the stock higher. Why?