With Malaysian Airlines flight MH370 still missing, officials are casting a wide net as they search for the Boeing aircraft. The 227 passengers include employees from Freescale Semiconductor and IBM.» Read More
Though stocks are down sharply from their highs of July 19, many analysts see the current volatility as a buying opportunity in select sectors.
Thursday's selloff in stocks is expected to continue over the short term, but analysts say investors can take advantage of the drop in anticipation of an eventual rebound. "It looks like we're on a big rollercoaster ride and trending lower short-term," Frederic Dickson, chief market strategist at D.A. Davidson, told CNBC.com.
Q2 results are confirming the foreign growth story. Look at Halliburton. Halliburton reported killer earnings today; 68% of their revenues occur outside the U.S.Same with Merck: great earnings, has 40% of sales outside the U.S.
Investors picked up where they left off a week ago, as stock prices hurtled to new highs with the Dow Industrials setting another milestone, but a Friday selloff kind of spoiled the mood.
Tech earnings for the week are in the books and we now all get to look ahead to Apple Inc.'s earnings next Wednesday. But reading the tea leaves from some of the biggest names reporting this week may signal a pretty good uptick in tech. And despite NASDAQ's declines today, some positive trends are developing that may signal a nice opportunity for investors.
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Stronger than expected earnings from IBM helped to push the Dow Jones Industrial Average to a record close above 14,000 for the first time - just two days after the Dow broke above that level on an intraday basis. The S&P 500 also closed at a record high.
The buzz on the street on this morning is "earnings", says Scott Fullman, director of investment strategy for IA Englander & Co.
IBM, the world's largest technology services company, posted a higher quarterly profit after markets closed Wednesday as revenue rose 9 percent, helped by software-company acquisitions and growth in computer services.
The tech earnings parade continues through today, now that we have Intel and Yahoo in the books. Strange day for tech, Tuesday was. So much optimism about Intel and yet the company disappoints, at least at first glance, with softer margins than expected. But here's another way to look at Intel's numbers which may actually bode well for broader tech the rest of this year.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Executives from Microsoft, Yahoo and other technology companies will discuss ways to combat unwanted e-mail and data theft at a two-day conference that begins Wednesday.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.
Stocks ended a holiday-shortened session with modest gains following mixed economic data and crude oil prices that stretched above $71. "The two days before the July 4 holiday are usually good for the market," said Michael Sheldon, chief market strategist at Spencer Clarke. "There are some headwinds, but overall the atmosphere is generally positive for the second half."
Struggling Dutch computer services firm Getronics said on Tuesday a U.S. company was interested in buying it, sending Getronics shares up as much as 16%.
The tech sector is roaring today. And despite a hard rule that tech should not be bought before August, Cramer said there are some good short-term trades in the market right now.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
As stocks overcame weak housing data Tuesday morning, market experts shared insights on “Morning Call.” Scott Fullman, director of investment strategy at Israel A. Englander, highlighted the market’s “strong resiliency.” ... And Bill Nichols, senior managing director of equity at Bear Sterns, said new highs for “mega-caps” are good for the overall market.
IBM, the world's largest technology services firm, has agreed to buy business software and services provider Telelogic for about 5.2 billion crowns ($748.6 million) in cash, the Swedish firm said on Monday.
Stocks closed lower for the second straight session after the latest productivity data renewed inflation concerns and a rate hike in Europe fueled jitters about rising interest rates. "I think what we're seeing here is a correction after a fantastic run," said Larry Kantor, co-head of research at Barclays Capital.