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?
With the General Motors filing for bankruptcy today, that left a vacancy in one of the most exclusive and prestigious clubs in all of finance. And I would have made the case that Apple Inc. ought to fill GM's slot on the Dow Jones Industrial Average.
General Motors filed for Chapter 11 bankruptcy protection in New York Monday. Here are following is the list of the largest trade creditors:
In this difficult investment environment, it's a daunting task to choose which stocks to invest in. But there are some basic strategies that can help investors make the right selection even in these times.
Energy shares pushed the Dow higher on Thursday with the price of crude oil jumping by $1. Is higher oil good for markets -- or bad?
Dell reports its fiscal first-quarter results after the market closes Thursday. How should you be positioned into the results?
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
Following are the week’s biggest winners and losers. Find out why shares of Newmont Mining and Procter & Gamble popped while Home Depot and Hewlett-Packard dropped.
Craig Columbus of Advanced Equities Asset Management and Peter Boockvar at Miller Tabak discussed their outlook for the economy and shared their sector likes and dislikes.
The bears seized control of the stock market on Wednesday; and intense selling into the close left both the Dow and S&P in the red for the day.
Stocks ended lower Wednesday as banks and techs pulled back and comments from the Fed poured water on the flicker of optimism.
Stocks pared their gains Wednesday as banks pulled back but investors remained hopeful that the worst may be over for the economy.
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.