U.S. stocks closed one percent higher on Thursday as investors cheered further weakness in the dollar and calmer bond markets, amid mixed economic data.» Read More
Car dealership chain CarMax said Tuesday its fiscal second quarter profit surged on higher sales and a one-time gain related to its auto financing business.
Stock futures are up modestly this morning as the U.S. Dollar is giving up all of its gains from the past two days. The dollar/commodity play continues to hold as commodities are rising 1 percent to 2 percent in early trading, sending commodity stocks 2 percent to 3 percent higher pre-open.
The Fed's two-day meeting starts in Washington Tuesday, as President Obama and other world leaders gather in New York. Traders are watching both, as well as the meeting of G-20 leaders in Pittsburgh later in the week
Volume has been heavier in the last two days due to quadruple witching expiration. It's been an odd expiration: there's been volume, but not a lot of volatility from the indices. They have gone up, but not in any notable way.
Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding: New Jersey-based medical technology company Becton Dickinson. Berkshire also added to its stake in Johnson & Johnson, although the holdings are still well below where they were before Buffett sold over 33 million shares last fall.
He has one stock in mind. The question, though, is whether or not it still works.
Following are the week’s biggest winners and losers. Find out why shares of Aetna and Perfect World popped while Caterpillar and Wells Fargo dropped.
Auto retailer CarMax said Friday its fiscal first-quarter profit fell 2.7 percent on a double-digit sales drop, a loss in its auto financing arm and charges related to loans, but still beat Wall Street expectations.
With no significant economic data and few earnings reports released today, futures are modestly higher on this quadruple witching Friday. While volume and volatility have continued to be seasonally light, traders expect a little pop at the open on the expiration day of stock and index futures and options.
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Following are the day’s biggest winners and losers. Find out why shares of Palm and Fortress popped while Home Depot and Moody's dropped.
Even though Warren Buffett always says he likes stocks more when they're cheaper, he didn't do a lot of buying as Wall Street's major indexes fell to their bear-market lows (so far) in early March. Berkshire Hathaway's first quarter stock portfolio snapshot shows no blockbuster buys. A few stakes did, however, get bigger during the first three months on the year.
The bad economy isn’t bad for everyone. In fact, Jeff Macke has spotted an area where fortunes are thriving because of the downturn.
Investors can capitalize on America's national demand for values and bargains with an ETF that holds the top discount stocks.
The Financial Accounting Standards Board has voted to relax the fair-value accounting rules - allowing banks to mark securities to a model rather than to market prices, according to reports.
The fate of an important accounting rule will have a big impact on markets Thursday and beyond. It's not just any accounting rule. It's the highly controversial mark-to-market rule, criticized for the massive write downs in the banking industry.
Shares of Ford were trading up on word that Ford planned to issue a $2.95 billion bond backed by auto receivables is an indication that the Term Asset-Backed Securities Loan Facility (TALF) is finally becoming real.
Instead of asking what Warren Buffett has been buying, we should have been wondering what he's been selling. Berkshire Hathaway's stock portfolio snapshot for the end of the fourth quarter reveals its holdings in Johnson and Johnson have been slashed by more than half.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This publicly-traded used-car dealer was created by Circuit City executives in 1991. And while that electronics chain may have gone bankrupt this year, this company managed to remain profitable until the last quarter in the face crashing consumer credit. But today the dealer's stock got a jumpstart from President Bush, after the White House gave a lifeline to GM and Chrysler. Who is it?