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US stock index futures pointed to a slightly lower open for Wall Street Tuesday, as minimal losses ended four-day advances for the Dow and the S&P 500 and a six-day streak for the Nasdaq Monday.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 23.
Over the next few weeks, I feel confident that’s how investors will make money, says veteran trader Gary Kaminksy – with contrarian trades.
Earnings strength and an improving economy could propel stocks 10 to 15 percent in another burst higher, yet that gain is unlikely to be sustained through the balance of the year, according to Citigroup chief equities strategist Tobias Levkovich.
With the financial woes of Europe making rival US banks more attractive to investors, should you get long now?
Warren Buffett eased the throttle on energy while Bill Ackman had less on Target. George Soros and John Paulson loaded up on financials, while Carl Icahn backed off on Yahoo but jumped into Take Two.
Betting that shoppers will want to look like the athletes on the medal stand, Macy’s, Polo Ralph Lauren, Target, Nike and others are outfitting their stores with apparel collections inspired by the games.
The Dow fell below 10,000 for the first time since last November amid worries about the US job market and Europe's ability to get a grip on its debt. The blue-chip index is now down over 4 percent for the year.
Valentine's Day is just a few days away but you haven't even thought about it, have you? Here's a gift you probably didn't think of—and She. Is. Gonna. LOVE. It. Plus, a little something for the men.
Although many retailers turned in rosier monthly same-store sales reports in January than expected, the stocks are showing it is far too soon to declare the worst over for the retail sector.
S&P 500 futures lost about 4 points on the disappointing weekly initial jobless claims number. Sovereign debt issues, which popped up again yesterday, are back down in a big way today: Portugal down 3.2 percent, Spain down 2.6 percent, Greece down 1.7 percent. European banks are weak.
Stocks kicked off February with a rally, after a dismal January, energized by an earnings beat from ExxonMobil and a strong manufacturing report. Alcoa and Exxon led the Dow. Apple gave the Nasdaq a boost but Amazon took a hit.
Stocks advanced on the first day of February, energized by an earnings beat from ExxonMobil and a strong manufacturing report.
Investors started February on an optimistic note, bidding stocks higher after logging the worst month for the market in over a year in January.
Luxury retailers are showing signs of life after being bludgeoned by The Great Recession, with companies from Saks Fifth Avenue and Nordstrom to Tiffany, churning out respectable sales increases during the holiday season.
Cramer makes the call on viewers' favorite stocks.
The recession has made the luxury customer even more demanding, said Steve Sadove, chairman and CEO of Saks. The luxury customer continues to love their favorite brands, but wants them at lower prices, or at least wants to understand why the product commands the price.
There's a case to be made that consumers will defy the 10 percent unemployment rate and stoke a recovery in the retail sector.
Friday's jobs report is the first big economic report of the new year and as such, it heralds what could be the first really big trading day of the year.
When it comes to the jobs report, good news is bad news and bad news is bad news, says Gary Kaminsky. What does he mean?