While the markets are hoping to see a March thaw, reports of February data in the week ahead may show the economy is still feeling a bit chilled.» Read More
Take a look at some of Tuesday's midday movers:
A lawyer for the banks said MBIA’s chief was “pregnant with inside information” on MBIA’s pending 2009 restructuring when he bought company stock in the months before the announcement. The New York Times reports.
Bank of America just saw the heat turned up again in its multipronged, multibillion-dollar legal battle over problem mortgages, according to an analyst report.
"The year has started a little firmer," Morgan Stanley CEO James Gorman told CNBC during the Davos World Economic Forum. "The U.S. is in a little better shape than the markets have appreciated, and the markets are catching up."
Wall Street sold off sharply in the final hour of trade after the Federal Reserve delivered little hope that it would turn on the easing spigots anytime soon and as a formerly rosy holiday retail season suddenly turned gloomy.
Morgan Stanley said it has reached a settlement with MBIA that will get some risky financial instruments off its books and will resolve pending litigation between the two companies.
Bill Ackman can always be relied on to provide a little excitement in investing circles. His lunchtime presentation at CNBC and Institutional Investor’s Delivering Alpha conference today will be no exception. The founder and CEO of hedgefund Pershing Square Capital Management will unveil his latest investing idea.
What follows is a roundup of corporate earnings reports for Tuesday, May 10.
Stocks ended higher as investors took heart from strong economic news and shrugged off disappointing quarterly results ahead of a big week of earnings. Merck and DuPont led the Dow higher, while BofA fell.
Stocks lost a little steam in the final hour of trading as technology companies slid, although investors remained encouraged by several upbeat economic report. Merck and DuPont gained, while BofA fell.
Fears of a massive wave of municipal bond defaults have given rise to a new question: how can investors profit if a nightmare meltdown scenario becomes reality?
Stocks closed up modestly, easing off the highs of the day, as upbeat earnings reports and rising commodity prices gave a lift to the market. BofA and Intel rose, while Verizon fell.
Stocks gained, although they traded down from the highs of the day, following a handful of positive earnings reports and rising commodity prices. BofA and Intel rose, while Verizon fell.
Stocks ended slightly down from Wednesday's record high levels, shrugging off news of economic strength from several economic reports. AmEx fell, while Alcoa rose.
Stocks stumbled from their record highs Thursday despite a handful of upbeat economic reports, although trading remained light in the final sessions of the year. AmEx fell, while Alcoa rose.
MBIA wins the right to prove fraud case by statistical sampling.
The Lightning Round is extended in this CNBC.com exclusive feature.
What follows is a roundup of corporate earnings reports for Tuesday, Nov. 9.
Stocks ended higher for the week, but mixed for the day as financial stocks dragged down the Dow and technology stocks lifted the Nasdaq. GE and Bank of America fell, HP rose.
Stocks were mixed ahead of the closing bell as the financial stocks dragged down the Dow and technology stocks lifted the Nasdaq. GE and Bank of America fell, HP rose.