J.C. Penney said it is pursuing the potential sale and partial leaseback of its headquarters building in Plano, Texas in an effort to cut costs.» Read More
Following are the day’s biggest winners and losers. Find out why shares of J.C. Penney and Mosaic popped while Alcoa and Palm dropped.
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.
It appears the sentencing of Bernard Madoff has restored at least some investor confidence to a nervous market. Should you play it for a relief rally?
The Dow and S&P 500 rallied Thursday after Ben Bernanke withstood congressional questioning without problems.
Stocks have been quietly moving to the upside all morning...the general take is that despite vigorous questioning Mr. Bernanke is holding up well in his principal claim: that he did not threaten action against Bank of America CEO Ken Lewis or the bank's board if they abandoned the Merrill takeover, and more importantly insisted that his actions helped avert a global economic meltdown.
Stocks ended flat Wednesday as tech and consumer stocks rebounded but banks dragged after a credit downgrade on more than a dozen companies.
Stocks ticked higher Wednesday as consumer stocks rebounded after a tame inflation reading but banks still dragged after credit downgrade. FedEx skidded after it issued a weak outlook.
Plus, get calls on President Obama's stimulus spending, fast food, the Paris Air Show and more.
Stocks soared Monday as investors were encouraged by economic reports out of China and the U.S. and breathed a sigh of relief that General Motors finally filed for bankruptcy protection.
NASDAQ: highest since Oct. S&P: highest since Nov. Russell 2000: highest since Nov. The markets are trading on renewed appetite for risk based on the green shoots theory.
Stocks advanced Monday as investors were encouraged by economic reports out of China and the U.S. and shrugged off the General Motors bankruptcy filing.
Following are the day’s biggest winners and losers. Find out why shares of Palm and J.C. Penney popped while Barrick Gold dropped.
The market’s rally today was driven by the strong May consumer confidence numbers released at 10am ET this morning. With confidence building, the hope is that the consumer will start spending again.
Stocks barreled higher Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Most of the large retailers have reported, and the results are better than expected, at least on the bottom line.
Traders expect the market to bump along with a downward bias while it establishes a new trading range, as a lack of economic news and earnings reports in the coming week leaves a news vacuum.
The Dow and S&P 500 closed lower Friday, though the bulls weren't too badly bruised. How should you be trading now?
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Plus, calls on the U.S. economy, retail, Internet advertising and more.