Moody's cut Brazil's credit rating to near-junk status on Tuesday but said the country's coveted investment grade status is safe for now, proving some relief to President Dilma Rousseff.» Read More
Not too many people can honestly say they saw the Wall Street crisis coming. Hear from someone who can!
They were at the heart of the credit crisis, but still we trust them. Why?
With shares of Fannie Mae up a whopping 150% over the last month, has the dash for trash run its course?
A recent court ruling that forced two ratings companies to defend fraud claims is a "game-changer" for the industry, said David Einhorn, head of Greenlight Capital.
Warren Buffett's Berkshire Hathaway sold almost 800-thousand shares of Moody's this week, reducing its stake in the credit rating agency slightly to 16.6 percent from 17.0 percent just over a month ago. But Moody's stock slide yesterday could discourage Buffett from pulling the trigger on more sales in the very near-term.
Investors all but bare their teeth at the mention of ratings agencies, after losing their shirts in the credit crisis. But the chickens may be coming home to roost!
Warren Buffett's Berkshire Hathaway was doing more selling than buying of stocks during the second quarter, but there is one new holding: New Jersey-based medical technology company Becton Dickinson. Berkshire also added to its stake in Johnson & Johnson, although the holdings are still well below where they were before Buffett sold over 33 million shares last fall.
A hot July for stocks has set the stage for a rally that should run right into August.
Wall Street's bull just won't give up, even in the face of crumbling support from oil and the dollar.
Following are the day’s biggest winners and losers. Find out why shares of Massey Energy and Lazard popped while ArcelorMittal and Sprint Nextel dropped.
Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
The bulls are still in charge, for now.
Warren Buffett appeared live on CNBC's Squawk Box this morning to promote a new online animated series called the Secret Millionaire's Club in which he teaches kids about finance and investing. Buffett told us that stocks are still a better investment than cash investments, like Treasuries, even though the Dow has recently rallied to its highs of the year over 9000. This is a transcript of the CNBC interview.
Warren Buffett tells CNBC that the economy still isn't showing any signs of life but that doesn't mean investors should stay away from stocks. In a live interview this morning Buffett says "business is still flat." But he notes that doesn't mean he's negative on stocks, predicting the market will revive before the economy does.
Cramer makes the call on viewers' favorite stocks.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Warren Buffett's Berkshire Hathaway has cut its stake in Moody's by 16.6 percent, reducing its exposure to the beleaguered credit rating agency by selling almost eight million shares over three days.
Another wave of much better-than-expected corporate results Tuesday shows that Wall Street's analysts have badly miscalculated earnings this quarter.