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Wall Street, the media, investors – they can try to explain Thursday’s action, but Cramer won’t believe any of them.
Stocks staged a comeback in the final hour of trading Thursday following news that the Obama administration is mulling a new plan to subsidize mortgage payments for homeowners in jeopardy. In other words, the market finally got what Treasury Secretary Geithner failed to deliver: Details.
The NCAA is in crisis recovery mode today after it is trying to make up for what appears to have been an unnecessary shot taken at one of its biggest sponsors.
Volume is on the light side; there are not a lot of sellers, just a lack of buyers who are having trouble talking themselves into buying stocks when corporations are coming out with lower first quarter guidance and lower or no guidance for the rest of the year.
Surprise! Retail sales for January, up 1 percent, was significantly stronger than the decline of 0.8 percent expected, particularly after 6 straight months of declines. The main theme remains: 1) lower-than-expected guidance for the first quarter, and 2) almost no visibility beyond that, with many companies simply declining to provide guidance.
The action Thursday is again in Washington. There are several key economic reports early in the day, but traders will also focus on the progress of the economic stimulus package and look for any new details on Treasury Secretary Timothy Geithner's financial bailout plan.
No doubt this market’s bad. But cashing out is not the answer.
In this Web Extra, the traders reveal how they're playing earnings from Aetna, Coca-Cola, and Marriott as well as retail sales and more.
Stocks got a lift from optimism that the government's bank bailout and stimulus plans will help mend the economy, but the question for investors in the coming week is whether the market is getting ahead of itself.
One month into the year, the average dividend yield of the Dow 30 has gone up a bit since 2009 began, but is still down from where it was at the end of November. See how the 30 companies in the Dow compare.
In recent months, Americans have been disappointed and appalled by Wall Street, banks, the big-budget film “Australia,” investment counselors, Detroit, the governors of at least two states, hedge fund managers and even the geese at La Guardia, which used to know better than to interfere with those metal birds they fly among.
We are a world that likes to build people up and then is ready to tear them down. When athletes are torn down because of a mistake in their personal life, we only forget thanks to their sporting excellence.
Despite high hopes for President Barack Obama's stimulus package, Thursday's market action proved that investors should still be playing defense.
I've picked my favorite Super Bowl ads, here's your chance to vote for the best commercial.
Despite the downturn in advertising — some experts expect overall ad spending to drop nine percent this year — the biggest ad event of the year is thriving.
Coca-Cola is recreating the famous Mean Joe Greene spot that ran during the Super Bowl 29 years ago. This time the company is using Pittsburgh Steelers safety Troy Polamalu.
Americans love competition and now they're getting a high stakes battle from two of the nation's most loved brands: Coke and Pepsi.
Just days after renewing his public criticism of Warren Buffett's current investment strategy and situation, the well-known short seller Doug Kass is out with a very bearish outlook for Berkshire Hathaway shares. And this time he's not just making a short-term prediction as he did last year when he bet against Berkshire's stock for several months and then covered that bet at a profit. Now, Kass is talking about the "end" of Warren Buffett.
PepsiCo calculated the amount of carbon dioxide emitted to the atmosphere for each half-gallon carton of orange juice, hoping to be able to promote supposedly low-carbon products to consumers anxious about rising global temperatures.