U.S. stocks closed higher Friday, posting a solid week of gains, after Fed Chair Janet Yellen's remarks. » Read More
Stocks came off their worst levels, but still finished sharply lower Thursday in heavy-volume trading as a gloomy outlook from the Federal Reserve in addition to ongoing economic jitters fueled concerns of a recession.
The Fed's gloomy words on the economy left the market with a sinking feeling that's likely to spill into Thursday. "The Fed sounded nervous," one strategist said.
Markets are expecting the Fed to unveil a modern day "Operation Twist," similar to a Federal Reserve program in the early 1960s. Fed watchers speculate on various degrees of easing, but they basically agree the Fed is about to unveil a program to buy longer dated Treasury securities in a bid to hold down interest rates.
The Fed in the week ahead is widely expected to pull the trigger on a new easing program, as the European debt crisis continues to boil.
Find out what earnings and conferences are in Cramer's "Game Plan" for next week.
Rising correlations diminish the benefits of diversification and the potential excess return that can be realized by picking individual stocks. Correlations are not static numbers, however, and periods of higher correlations have historically been followed by periods of lower correlations. Therefore, it would be a mistake to assume that diversification has stopped providing benefits.
The traders were closely watching the action in Under Armour on Thursday, after reports suggested Nike could soon ink a deal to acquire its rival.
In November 2009, classic tennis brand Sergio Tacchini signed Novak Djokovic to a 10-year sponsorship deal. It was an incredible coup for the brand which filed for bankruptcy in 2007 and was bought by Chinese businessman Billy Ngok in 2008 for $42 million. The story got even better as Djokovic rose to No. 1 in the world and won three of four Grand Slams in 2011, including the US Open on Monday. But the tale isn't as positive as it should be for Sergio Tacchini. Although terms of Djokovic's deal aren't clear, insiders say the company is likely going to have a hard time paying off his multi-million bonuses this year.
Nike and Adidas cash in on Chinese consumers’ desire to be seen in foreign brands.
The fantasy around the offices of the NCAA is that the jersey numbers produced by the manufacturers have little to do with the players who play in them. The reality is that schools give specific numbers to the Nikes and the Under Armours of the world that correspond to the numbers of their biggest stars. No where is this more prevalent this fall than in Columbus, Ohio, where retailers are trying to deal with the glut of No. 2 Ohio State jerseys that they have. Embroiled in scandal, their star Terrelle Pryor is gone, but his jerseys are everywhere.
For all I know, the folks in the footwear department at Under Armour have a picture of me on their dartboard. For years, I've dissed their shoes. At least for me, they just didn't feel good. I know many in the marketplace felt the same way. But Under Armour didn't grow in the face of Nike because its executives were ready to lose. And after a much needed year off to regroup, I'm here to tell you that Under Armour is now armed with the shoe and the idea that will at least give them a chance to grab some serious marketshare.
Cramer reached into the mailbag to answer your letters.
China has become known as the epicenter for a wide variety of counterfeit consumer products, but a trend has emerged over the past few years of faking full retail operations.
What are some of the more notable products available on the market today that are said to enhance athletic performance? Click ahead and find out.
Once seen as untouchable, Philadelphia Eagles quarterback Michael Vick is making quite a marketing comeback. Fresh off a new deal with Nike, Vick told CNBC on Wednesday that he has a new deal with Double Eagle Holdings, parent company of Fuse Science, which has developed an anti-inflammatory topical gel as well as electrolyte and energy drops that are said to replenish and give a jolt to athletes who take them orally.
Here's why you should keep a close eye on these six stocks.
Soccer fever has hit this country. Well, as much as soccer fever can. The dramatic header by Abby Wambach, which eventually led to a shootout victory over Brazil last Sunday, has plenty of people drinking the marketing Kool-Aid.
K-Swiss has absolutely owned the sports marketing world's attention over the past couple days, as its viral video featuring Danny McBride of "Eastbound & Down" as Kenny Powers has been watched over and over again.
The biggest free agent in the sports agency world told CNBC he was joining New York-based Excel Sports Management as a partner.
A year ago, LeBron "took his talents to Miami" on ESPN's "The Decision" show and the positive perception of the NBA star fell off a cliff. So, where are we now, a season later with of course a missed chance at a title?