The Australian central bank's top dog may have broken central bankers' seemingly unshakable code of avoiding comments on where interest rates are headed.» Read More
Moody's Investors Service has questioned whether claims by private equity firms that they invest on a longer-term basis than public companies and are able to attract stronger management teams are justified.
On Wall Street, the Berkshire Hathaway chief is a god. But does he still have his mojo after all these years?Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Bed Bath & Beyond warned that its first-quarter earnings would be below Wall Street's consensus estimate. This morning Goldman Sachs cut its rating on the retailer to neutral from buy and lowered its price target by $5 to $40.
Private equity is all the rage -- and while financial services companies typically have been shielded from such deals, that is beginning to change. KBW, a boutique investment bank specializing in financial services companies, recently penned a report that revealed possible private equity targets.
"In addition, while the new senior management team has articulated a turnaround plan, it remains to be seen how the plan will impact future operating performance," Moody's said.
Today, Cramer tells callers what he thinks of Boston Scientific, Moody's, McDonald's, Noble Energy and more.