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Stocks finished a volatile session mixed as traders jockeyed for postions on this quadruple-witching Friday and techs rallied.
Stocks fell to the lows of the day this afternoon as a couple of issues weighed on the markets.
John Hussman, portfolio manager at Hussman Strategic Growth Fund, and Art Nunes, market strategist at IMS Capital Management, offered their economic outlooks and investment advice.
In this Web Extra you'll find the day's biggest winners and losers. Find out why shares of Ford and Qualcomm popped while Honeywell and Tyson Foods dropped.
Stocks bounced back from a swine flu-induced drop Monday as traders scooped up shares of drug makers and pharmacies.
Great. As if the bank stress test wasn't confusing enough, as if the auto restructuring wasn't enough uncertainty, now we have half of the trading community frantically Googling "Tamiflu" this morning. The concern is that swine flu this could create another slowdown in global travel just as we are trying to figure out a bottom. Commodities, airlines, and hotels are weak this morning.
After a couple of bearish days, the bulls regained their footing in the shortened trading week. There was plenty of action off the trading floor as well, with a major decision by the Federal Accounting Standards Board, a heartening merger in the housing industry, and some impressive earnings projections from Wells Fargo.
Brent Wilsey is one of countless market-watchers who expect the earnings season to be a rough one, but the president of Wilsey Asset Management is not one to overlook the price tags on the stocks of the companies involved. "Stocks are beaten down way more than they should be," he told CNBC. "This is a great opportunity to be buying these companies at these prices."
The S&P 500 slid on Tuesday, with investors jittery about the start of earnings season and what Corporate America will say about profits.
CNBC's Bob Pisani reported from the New York Stock Exchange Tuesday. He says the trader buzz is focused on earnings season, which begins today with Alcoa. Pisani discusses economic bellwether Baltic Exchange Dry Index, Royal Bank of Scotland Humana, Coventry, and UnitedHealth.
Earnings season begins today with Alcoa. The majority playbook, which we have telegraphed for a month, is to ride the wave off the March 6th lows going into earnings season, then lighten up as stocks move sideways to down on the back of VERY CONSERVATIVE guidance.
The S&P tumbled on Monday largely due to concerns about the major automakers.
Cramer extols the virtues of cautious investing, and makes calls on Apple, Google, Hershey, Deere and more.
Humana is up more than 7 percent Friday and seeing heavy call activity, amid rumors of a takeover by Aetna. More than 26,500 HUM calls traded in the first hour of the day — that's nearly six times the average daily call volume...
Last Friday, in another memorable edition of the cable news sensation known simply as "Options Action," Mike Khouw of Cantor suggested selling Humana's March 22.5 puts for a short-term bullish to neutral play on a beaten sector.
Health care stocks have lost their defensive appeal and feeling rather ill for the past few weeks. Shares of healthcare companies, United Health Care and Humana have dropped significantly since the Obama administration outlined a healthcare reform agenda aimed at cutting $175 billion in payments over 10 years to private insurers through the Medicare Advantage Program.
Stocks tumbled Friday and the S&P hit a 12-year low as news of the government's stake in Citigroup and General Electric slashing its dividend stirred worry in the market.
On a week that saw the US economy contract more than expected, the government boost its equity stake in Citigroup, GE cut its dividend, and President Obama present his budget, the markets fell through May 1997 lows, ending the week down 4% or greater.
The last thing companies need is the president eyeballing their industry. But that’s just what happened to health care. Who’s next? And how do you protect your portfolio? Cramer has an answer.
The Dow fell in volatile trade on Thursday with Merck being one of the biggest drags on the blue chip index, as investors worried that the budget proposal could strangle profits.