ZTailors, which launches on Monday, brings tailors to customers' homes or offices to refit their clothes, the NYT reports.» Read More
Cramer makes the call on viewers' favorite stocks.
This has been another big week for bond issuance...on the heels of the successful Citigroup sale of trust preferreds (a hybrid instrument), Bank of America, GMAC, Novartis Capital, DirecTV, MGM Mirage and Royal Bank of Scotland have all sold bonds this week. Prices have dramatically improved: MGM, for instance, sold $845 million in notes Tuesday night at a yield of only 9 percent.
Here are the reports to watch this week.
Following are the day’s biggest winners and losers. Find out why shares of US Steel popped while Men’s Wearhouse and Pepsico dropped.
Despite continuing worries about markets in Dubai and Greece (down another 6 percent and 2 percent respectively today) the dollar is weaker this morning, and that is helping stocks and commodities. The Japanese revised their GDP dramatically lower, which some argue will keep rates low for the foreseeable future, thus helping the short dollar trade.
Stocks opened fairly flat, while commodity stocks have lagged a bit with most commodities declining in early trading.
Stocks refuse to drop, but the "wall of worry" gets higher. Bond yield backups, dollar strength have all become topics in the past week.
Futures popped about 4 points as February retail sales showed only a modest decline. More importantly, January was revised UPWARD.
It's going to get uglier before it gets better. Here are the names with the most earnings risk.
Traders like to remind me that the definition of insanity is doing the same thing over and over again and expecting a different result. So it is that plans by Saudi Prince Alwaleed bin Talal to raise his investment in Citigroup are being greeted with open skepticism on the Street.
The issues are: 1) forced selling & redemptions in the last hour 2) continuing uncertainty in credit markets
S&P futures are up 19 points, and while many think this is because Treasury is actively shopping the idea they will take an ownership stake in U.S. banks, bear in mind that the market now routinely swings in 20 plus point ranges in a day, and often overnight, so futures up 15 is not even unusual any more.
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. The largest men’s dress apparel retailer in the U.S began with a single store that sold polyester sport coats. The CEO is known for saying the company's catchphrase , “You’re going to like the way you look. I guarantee it.” Traders liked the way the stock looked today, after shares rose on strong earnings. Who is it?
Futures popped about 6 points at 8:30am ET, as preliminary second quarter GDP of 3.3 percent seems to have ended talk of a "formal" recession. MBIA up 17 percent pre-open, as it agreed to reinsure $184 billion of municipal bond risk from FGIC (its competitor). MBIA gets $741 million in premiums. Ambak up 13 percent in sympathy. And retailers continue to report very mixed results.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Two pieces of positive news this morning: 1) Wal-Mart sales better than expected and raising guidance, and 2) Dow Chemicalspacer buying Rohm and Haas. Jobless claims lower than expected is also a help.
To help investors get their portfolios ready for next week, CNBC asked the market pros for their best stock picks now.
How are you honoring your father this Father's Day? With a tie? A recycled birthday present? How about some stock?
Nearly 2.1 billion shares and $34 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
Following are the day’s biggest winners and losers. Find out why shares of Heinz and Big Lots popped while Marriott and gold dropped.