Plus, get calls on the Southwest-AirTran deal, retail and more.
Both the Dow and S&P traded lower Monday despite a flurry of M&A valued at $10.5 billion. What gives?
The acquisition of AirTran by Southwest Airlines, two discount carriers, means that Southwest expects robust demand for flights, its CEO told CNBC Monday.
The Federal Reserve is on the investor’s side and therefore, stocks will ultimately see a boost, said Rod Smyth, chief investment strategist at Riverfront Investment Group.
Stocks were slightly lower Monday amid a flurry of merger and acquisition activity and in the absence of significant economic news. Alcoa fell, HP gained.
Stocks are sitting at 4-month highs as the Dow is still on pace for its best September since 1939 and its best quarter in a year. How good a month has it been? The Dow has only been down on 4 days in September — the fewest number of days in any month since April 2007.
Southwest Airlines said Monday it will buy AirTran for about $1.42 billion. The move will put Southwest in head-to-head competition with Delta Air Lines in Delta's home base of Atlanta.
See what's happening, who's talking and what will be making headlines on Monday's Squawk on the Street.
Which metal do you believe? Cramer’s goes “Off the Charts” for an answer.
Here's why you should keep a close eye on these six stocks.
Stocks finished sharply lower Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Home Depot fell, while HP rose.
Stocks continued to selloff Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Intel fell, while H&P rose.
Stocks are lower as investors shrug off a positive government report on consumer spending and a raft of mergers and acquisitions news. bank of America, Amex fell, while H&P rose.
U.S. stock index futures are lower after the government reported consumer spending rose at the strongest pace in four months, Hewlett-Packard announced a stock buyback, and as investors digested merger and acquisition news.
Beaches have been cleaned of crude, the leak has been plugged and some cities never had oil wash ashore at all. Still, tourists stay away from what they fear are oil-coated coastlines—a perception officials say could take years to overcome and cost the region billions of dollars.
S&P futures initially dropped about 10 points following a very poor non-farm payrolls report. July payrolls fell 131,000, more than double the 60,000 decline expected by economists. Government job losses were particularly notable. The key reading of private sector jobs also disappointed the Street (gain of 71,000 vs. gain of 83,000 consensus).
What follows is a roundup of corporate earnings reports for Thursday, Aug. 5.
Yesterday (Wednesday), the state Senate in New York threw up a roadblock to the state’s plan to tap into its slice of the Marcellus Shale natural gas pie. The Senate approved a mandate for a moratorium (there’s that word again) on new drilling permits through May 15, 2011, to allow the state to study the effect of hydro-fracking on the water supply.
What follows is a roundup of corporate earnings reports for Thursday, July 29.
Southwest Airlines reported record revenue and earnings growth Thursday and all signs point to continued growth for the low-cost airline, Gary Kelly, chairman and CEO said on CNBC Thursday.