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Stocks rebounded Monday as investors' waning enthusiasm got a jolt from a report that showed the services sector has begun to expand. Plus, there was some bargain hunting after the market's two-week decline.
Plus, calls on the banks, tech, machinery stocks and more.
IBM is trying to stymie Google's expansion into the business software market. The weapon: a bare-bones e-mail service IBM is selling to companies for $36/year per worker, undercutting a package of software applications that Google sells for $50 per user annually.
All major U.S. Indexes declined 1.8% or more for the week, logging weekly losses for a 2-straight week. A pullback in Industrials, a worse than expected ISM Manufacturing September reading, and continued weakness in the U.S. jobs data also pushed the CBOE Volatility Index (.VIX) up by 11.8% for the week.
Stocks opened lower Friday after a report showed job losses were far worse than expected in September. Is this the beginning of a market correction? David Spika, VP and investment strategist at WHG Funds and Michael Yoshikami, president and chief investment strategist at YCMNET Advisors and CNBC contributor shared their insights.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest bet that video will drive demand for its data transmission gear. The acquisition fills the gap between Cisco's high-end video meeting service and its WebEx tool.
We thought you’d appreciate it if we slowed things down a bit. Here you’ll find Fast Money’s Slow Money trades – stocks the traders would buy and hold for the next five years!
Despite rough economic data the bulls could not be held down and reversed a 100 point drop in the Dow. But that might not be such a positive sign after all...
This is a treacherous market to trade in. Traders have been heavily shorting the market all morning, but the Dow has cut its losses in half, moving from down 128 to down only 50.
Major US companies are bracing for a potentially stronger strain of swine flu this year that could threaten the nation's already fragile economic recovery.
Following are the day’s biggest winners and losers. Find out why shares of Cisco and Merck popped while IBM and Xerox dropped.
These 6 stocks may be oversold or overbought as a result of money managers sprucing up their portfolios before quarter's end.
Stocks opened higher on Monday after a wave of merger-and-acquisition activity. Are the markets positioned to head higher or should investors remain cautious? Market strategists Phil Orlando at Federated Investors and Stephen Wood at Russell Investments shared their insights.
U.S. stocks broke two weeks of consecutive gains to finish in the red Friday. Despite of the pullback this week, all major indices remain on track to finish the quarter up 13% or greater.
The potential economic impact of a carbon market seems to divide American industry as much as talk about healthcare reform may divide a family at Sunday dinner.
The Dow 10,000 mark is very much in sight, so what does that mean for investors? Hugh Johnson, of Johnson Illington Advisors, and Emmanuel Ferreira, of the Oppenheimer Quest Opportunity Fund, shared their opposing market views with CNBC on Wednesday.
People are racing to get into this market because they’re afraid to be the last bear standing, said Dan Genter, president, CEO and CIO of RNC Genter Capital Management. He shared his views on where investors should be putting their money to work.
Dell's acquisition of Perot Systems may be the beginning of a larger shopping spree. Bernstein analyst Toni Sacconaghi reveals his list of potential takeover targets.
U.S. stocks rose to fresh 2009 highs this week, as investors continue to bet that an economy recovery might be in place. The Dow Index is once again near the 10,000-mark.