U.S. stocks traded mostly lower on Wednesday as lack of resolution on Greece debt talks and a massive selloff in Shanghai stocks weighed on investor sentiment.» Read More
Game software sales came in at just over $1 billion, a 23 percent drop compared to the 2008 numbers, according to market research firm NPD Group. The 2008 numbers were bolstered by blockbuster titles "Grand Theft Auto IV" and "Mario Kart Wii"—and a stronger economic climate.
With all the attention on Sony’s first net loss in 14 years Thursday, another announcement that was overlooked. Sony, while avoiding the words precisely, all but confirmed that a price cut is coming for the PlayStation 3 this year.
How does a five-star fund manager approach investing when uncertainty is high? “Every recession we’ve had has ended and this one will end as well,” said Robert Zagunis, 5-star portfolio manager at Jensen Investment Management.
With stocks rallying for over 2 months now, dividend yields continue to fall back to Earth. The average dividend yield of the Dow 30 has fallen nearly 30% since the rally began in early March. See how the 30 companies in the Dow compare.
With nearly 14 million Americans unemployed, a growing number of people are competing for a dwindling number of job openings, allowing some employers to drive down pay and benefits for new hires.
I know everyone is getting all hot and bothered about Microsoft’s $3.75 billion debt deal, speculating it is a forerunner to a coming acquisition by the software giant. But based on what I’m hearing, investors bracing for a big deal in the near term can relax.
The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
This market rally has legs, and we think the S&P 500 will reach 1047, said Brian Belski, chief investment strategist at Oppenheimer.
President Obama’s top antitrust official this week plans to restore an aggressive enforcement policy against corporations that use their market dominance to elbow out competitors or to keep them from gaining market share.
On a week dominated by the stress test for the banks, a rally in Financials, and the jobs report lending to increased optimism that the recession may be easing; the markets extend their rally to 9-straight weeks for the NASDAQ, and an almost 6% weekly gain for the S&P 500.
Employers are letting up a bit on the mass layoffs they resorted to earlier this year to cope with the recession, but the unemployment rate is climbing.
Stocks turned lower on Thursday as bank stocks backed off their early rally. Fed Reserve Chairman Bernanke said increasing the effectiveness of bank supervision is a "top priority" for the Fed. Treasury Secretary Tim Geithner sought to ease fears about the results by saying that none of the banks being tested face the risk of insolvency.
All of us aspire to a higher level of trust in our relationships, our companies, and our lives. Yet, high trust levels frequently elude most organizations.
In yesterday's extension of the current rally, three more Dow stocks crossed above their 200-day moving averages. There are now seven stocks on the Dow above this technical threshold.
Stocks traded higher on Wednesday on two economic reports that showed unemployment rates beginning to ease. Optimistic experts told investors to start getting into the market again. Watch and listen to what the pros had to say...
Mike Holland at Holland & Co. and Jeff Mortimer at Schwab Funds explained why this is the right time for investors to buy into the markets.
Stocks opened higher Wednesday and the S&P 500 (as of this writing) is positive again for 2009. Will it hold? Arthur Cashin, UBS Financial Services director of floor operations, offered his insights to CNBC.
Following are the “Fast & Furious” trades - hot ways to play Wednesday's market moving events.
After a relatively dull past two years, the Electronic Entertainment Expo ("E3" for short) appears ready to deliver the goods this year.
Eric Ross, director of equity research at Canacord Adams and Brian Belski, chief investment strategist at Oppenheimer said now is the time to get into the market, and that investors should be putting their cash to work.