Eli Broad built two Fortune 500 companies, KB Home and SunAmerica, and is one of the richest men in America. Here's how he did it. » Read More
Earlier this week, we wrote about the highest yielding stocks on the Dow. The S&P 500 also has some nice yielding stocks. If you are worried about the financials being able to continue to pay thier big dividends (with Freddie Mac's big slide, its yield is now over 20%!), there are nearly 40 stocks on the S&P that are currently yielding 5% or more. Here's a breakdown.
Outside investment in a major bank has Cramer thinking we're ready for a turnaround.
Stocks pulled off modest gains Friday as enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on Fannie Mae and Freddie Mac.
I may not be the sharpest knife in the drawer, but it struck me as funny when S&P issued a report today maintaining its "Hold" on IndyMac. Hold on what?
Despite good news from our parent General Electric we are again being pushed around by oil at a record price, and by Fannie and Freddie. Both are down big (about 50 percent) this morning, largely on a New York Times story that the federal government was considering placing one or both of them in a conservatorship.
Stocks limped to the finish of an ugly week on Wall Street, with the Dow touching bear territory and the broader market continuing to be battered by a double dose of surging oil and a fresh round of banking troubles.
In the midst of reporting earnings from KB Home and Lennar this week, neither of which were particularly pretty, I saw a press release for an auction in Houston that tweaked my interest. The title reads: Greater Houston Real Estate Auction: Sign of the Times.
Stocks were mixed Friday as traders took a breather after Thursday's selloff that saw major indexes break through key levels and move dangerously close to bear-market territory.
KB Home, the No. 5 U.S. home builder, posted a deeper quarterly loss Friday on tumbling revenue as the United States faced its deepest housing slump in decades.
U.S. stock index futures pointed to a broadly flat open on Friday after Thursday's sharp fall and with more gloomy predictions rattling investors' nerves.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
In Wednesday’s Web Extra, Pete Najarian reveals why sweet tea makes him sweet on McDonald’s.
The Dow closed modestly higher on Wednesday after the Federal Reserve held its key interest rate steady. What's the "Word on the Street?"
It's time for the Fast Money market midterm. Our topic is the housing market. Hope you studied because this one could be ugly!
Stocks will struggle in the week ahead as they face the multiple threats of record oil prices, higher interest rates, a weak housing picture, and the fragile financial sector.
Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.
Stocks gave up early gains Tuesday as investors weighed better-than-expected earnings from Goldman Sachs and a sharp jump in wholesale inflation. Oil climbed more than a dollar, trading between $133 and $134 a barrel.
So there’s a bit of a blurb in the Wall Street Journal today about billionaire hedge-fund manager Edward Lampert and his ESL Investments Inc. buying into a few home builders (Centex and KB Home) as well as a few mortgage lenders (PHH and CIT) and Home Depot just to boot.
U.S. home builders, struggling under sinking demand and a credit crisis, now face a fresh obstacle: competition from a flood of homes in foreclosure.
Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally. The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.