The Oreo mashup list seems endless: cookie dough, s'mores, red velvet, birthday cake…and now new churro products.» Read More
It's been a rough twelve months. The Dow and S&P are looking to have their 4th straight quarter of declines, something not seen in years. Here is a preview of the quarter end stats and the winners and losers to date.
The Lightning Round is extended in this CNBC.com exclusive feature.
As uncertainty in the markets intensifies, with the Dow falling 812.33 points in the last three days to its lowest level since November 2005, and the S&P 500 tumbling 95.29 to May 2005 levels, investors are increasingly seeking "safe havens" to weather the current crisis.
Following are the day’s biggest winners and losers. Find out why shares of AIG and Petrobras popped while Kraft and General Motors dropped.
Stocks declined Monday as a more than $16 jump in oil prices exacerbated the selloff on Wall Street started by worries about the ability of the government bailout to revive the financial system.
Stocks declined Monday amid increasing worry about how far the government bailout plan will stretch and as oil prices shot up nearly $20 a barrel.
There may be only a few stocks worth buying in this market, and this is one of them.
For the historic week ending Friday, September 19, 2008, the major U.S. Indices managed to close mixed and almost flat after one of the most volatile trading weeks ever, driven by the collapse of investment bank, Lehman Brothers, enormous government actions around the globe, and billion dollar deal making. In one week, the government bailed out AIG, pumped funds into money markets, and banned short selling of financials - all while keeping the Fed Funds target unchanged and taking unprecedented actions to halt the liquidity crisis. The CBOE Volatility Index (VIX) surpassed the benchmark level of 30, hitting an intraday high of 42.16 on Thursday, its highest level since 10/2002. The major indices were all up and down +/- 3% for 4 of the past 5 days. The Dow posted a 2 day point move of more than 778 points as of Friday’s close, after plummeting 811 between Monday and Wednesday and hitting 10,609.66, its lowest level since 11/9/2005. On Friday, The Nasdaq Composite recorded a 2-day point move of greater than 175 points after it closed down 109.05 points on Wednesday, its first triple digit decline for one day since it began trading after the 9/11 attacks. The S&P 500 flirted with record territory closing up 98.7 over the last two days, marking its biggest 2-day point move since 3/16/2000, the largest 2-day point move ever.
A proposal to help financial institutions shed their bad debts sparked a big rally on Wall Street, but it was unclear whether the move was a turning point in the credit crisis.
The Dow surged higher on Thursday on optimism about a possible government resolution to the financial crisis. But the traders might have found the next shoe to drop.
Stocks whipsawed back into positive territory after regulators in the US and Europe took aim at short sellers and progress continued toward resurrecting the Resolution Trust Corporation to dispose of bad bank assets.
Treasury Secretary Henry Paulson is working on a plan that would set up a government facility to take on bad debts from financial institutions, preventing a worsening of the global credit crisis, Wall Street sources have told CNBC.
While Kraft Foods will be joining the Dow Industrials on Monday, in a way, it's not the first time it has been a part of the Dow.
Kraft Foods is going into the Dow Jones Industrial Average this coming Monday to replace AIG, the insurer that's been taken over by the federal government. Warren Buffett's Berkshire Hathaway is Kraft's biggest stakeholder with about 138 million shares, worth over $4 billion. That's a stake of over 9 percent.
Are you tempted to buy into this market's weakness? Trade carefully!
If the rule of endorsements includes staying away from the cover of Madden to avoid the jinx, it should now include getting paid to dunk (or should I say lick?) an Oreo.
Economic worries are still hanging over the market, and CNBC went straight to the top to get some answers.
Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
Warren Buffett's Berkshire Hathaway is expected to file its quarterly portfolio snapshot with the SEC later today (Thursday.) The report of Berkshire's publicly-traded U.S. stock holdings as of June 30 should give us some clues on whether Buffett took advantage of price declines to add to his holdings.
The interview with Google's CEO kept going even though the show was over. Find out what he had to say about taking market share overseas, improving advertising and pitching a marketing plan to Procter & Gamble.