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Stocks posted their best day in four months on Tuesday with Citigroup leading the Dow higher...
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The only stock mutual fund manager to have actually gained ground in 2008 says it's time for investors to get back into stocks. So what looks good to him now?
The key word for the Henssler Equity Fund's Ted Parrish is "quality." "We invest in high quality, and I think high quality is going to do well on the other side of all of this mess," he told CNBC. Specifically, Parrish likes large-cap technology companies.
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.
NetApp is seeing huge call volume Monday, ahead of its quarterly report Wednesday after the close. ... NTAP was above $26 in September, but bottomed at $10.39 in early November. Since then the data storage company has steadily climbed; at one point today the shares reached $16.74 after a Barron's article called the company recession-resistant.
More companies announced layoffs this week as the employment picture continued to dim. News Corp. became the latest victim of the weakening economy, announcing it is planning on cutting jobs after reporting a quarterly loss on Thursday.
More companies announced layoffs this week as the employment picture continued to dim. GlaxoSmithKline and Tiffany & Co. on Thursday became the latest victims of the weakening economy, each cutting an undisclosed number of jobs.
More companies announced layoffs this week as the employment picture continued to dim. Clorox, Time Warner Cable and Fidelity National Financial were among the latest names on Wednesday to announce job cuts.
Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
Investors may be waiting a long time for stocks to rebound, but that doesn't mean they have to sit on their hands.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
Alan Gayle says it's time for a cautious move back into the stock market. "We see what I would call a transition from the problems...and the promise of the stimulus package that is coming forward in addition to the Fed easing and the like that we've seen," the senior investment strategist at RidgeWorth Capital Management told CNBC.
More companies announced layoffs on Thursday as the employment picture continued to dim.
More companies announced layoffs on Tuesday as the employment picture continued to dim.
Another round of layoffs was announced by big-name companies Monday, adding to the gloom over rising unemployment.
More companies announced layoffs as the employment picture continued to dim.
Even on Inauguration Day, companies continued to announce layoffs, reinforcing the challenges facing Barack Obama.
Corporate layoffs have soared since New Year's. On Friday alone, GE, Pfizer, AMD, Wellpoint and Hertz announced big cuts.