Following are the day’s biggest winners and losers. Find out why shares of Hess and GameStop popped while Verizon and Coca-Cola dropped.
As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.
Sky-high food and fuel prices will make it hard for this company to meet analyst expectations.
Futures traders are betting on rate hikes later this year. How should you trade a stronger dollar?
Stocks struggled to hold gains Tuesday as bank stocks rallied but comments from Bernanke hung over the market like a cloud. Oil dropped more than $3 to settle at $131.31 a barrel.
Stocks ticked higher Tuesday as the rally started in bank stocks and then filtered into the broader market.
For the stock market, this summer is going to be all about oil. "At this point the market is almost held hostage to oil prices," says David Twibell of Colorado Capital Bank.
Plus, what's wrong with these Brazil stocks lately?
Short seller Doug Kass renewed his attack on Berkshire Hathaway, placing another bet against the stock by going short again yesterday and writing critically today about "some bombs in Buffett's book."
Plus, the importance of staying in the game.
Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, Warren Buffett told a Madrid newspaper. Earlier, the billionaire investor said he expected a "long, deep" recession.
Following are the week’s biggest winners and losers. Find out why shares of Foot Locker and Coca-Cola popped while Home Depot and Moody's dropped.
By all measures, this movie, from Time Warner's New Line Cinema, promises to be huge with the female demographic that so loyally watched the HBO series for six seasons. It's that die-hard female fan base that's attracted huge brands to partner with the film, and earned it the nickname usually reserved for the Oscars: the Super Bowl for women.
Cramer makes the call on viewers' favorite stocks.
Short seller Doug Kass tells CNBC's Larry Kudlow he thinks Warren Buffett has lost his way, and Kass is betting on Berkshire Hathaway's stock to fall. In an appearance tonight (Monday) on Kudlow and Company, Kass, who is President of Seabreeze Partners Management, explains why he's taken a short position in Berkshire.
It seems large companies are either acquiring or building small brands to attract niche customers. What's the trade as 'hometown' brands drive growth?
You should, too. Cramer offers his top picks for the sector.
NFL running back LaDainian Tomlinson used to endorse Coke's Vitaminwater, but as of today, he endorses Pepsi's Gatorade. Which one does he really drink? You now might know thanks to a site called Coolspotters.com which could turn the sports endorsement model on its head. The site is basically a brand wikipedia.
Everyone has been focused on the Olympic sponsors and whether any one of them that ponied up tens of millions of dollars would dare pull out as a sponsor to the Olympics in Beijing in protest.
Believe it or not, there are plenty of similarities between picking the right bottle and finding the right stocks.