Wednesday morning, the Federal Trade Commission announced that it would settle its case with Adidas' Reebok brand for its deceptive claims about its EasyTones thanks to a $25 million settlement that will be used to refund customers.
Consumer confidence, Fed speakers and home price data are on deck for markets Tuesday, as traders keep their focus on the stream of headlines from Europe.
Even as inflation eats into overall consumer confidence, women in China continue to spend on luxury goods.
Stocks closed modestly higher in a choppy session Friday as investors snapped up beaten-down sectors following the previous session's steep selloff, but ended sharply lower for the week amid ongoing worries over a global slowdown.
JP Morgan’s Thomas Lee points out that 53% of stocks have a P/E ratio of less than 12. That’s the lowest level since 2008. Should you just go for it and buy?
Futures were lower Friday after Thursday's steep sell off amid continuing worries over a global economic slowdown and as investors cautiously waited for further developments in the euro zone.
Stocks successfully tested their summer lows Thursday, but they are likely to take another run at them, as investors remain fearful of recession and European banking crisis.
It ain’t easy to find a big bull these days, but as the saying goes, ‘seek and ye shall find.’ Ironically our search turned up famed bear, Doug Kass!
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.