"Conventional wisdom, along with consensus opinions and estimates, are often times wrong," SunTrust Robinson Humphrey researchers say. » Read More
One company that we highlighted on Friday was NetApp, which was formerly known as Network Appliance. The company primarily offers data storage services to businesses and, according to our Stacey Gilbert of Susquehanna, is a perennial takeover candidate.
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Darden Restaurants popped while Capital One and Morgan Stanley dropped.
Bulls, bears, and the biggest surprise from the Fed in recent memory. The week encompassed them all. With memories still fresh about big companies cutting their dividends, a tech giant started one. It was all fodder for the fund managers and analysts, who had plenty of suggestions about where to put money in the stock market.
Stocks ended a strong two-week run with a thud Friday as financial stocks took a beating and weakness seeped into other sectors.
In a week dominated by outrage over Wall Street bonuses, TALF funding, and the Fed buying government debt, the markets managed to maintain a positive weekly gain for the second consecutive week, running with all indexes up about 1% or greater.
Does IBM's reported deal to buy Sun Microsystems for $8 billion signal the start of consolidation in the Tech space?
The strength of these three sectors is benefiting companies across the board.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The Dow fell on Thursday largely due to concerns that the Federal Reserve's latest efforts to battle the recession are too costly and untested...
Stocks slid in the final hour of trading Thursday as investors were initially encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
Stocks skidded Thursday as investors were encouraged by efforts by Citigroup to boost capital but started cashing in some profits, particularly in sectors that have seen big runups like financials.
Software analyst John DiFucci notes a startling development at Oracle. "What we've seen all across the S&P is, people cutting their dividends, cutting them significantly; Oracle's instituting a new dividend," he told CNBC. "What that says is, Oracle's management team is confident in its free cash flow."
Stock index futures pointed to a slightly lower opening Thursday, a characteristic pattern following the previous session's rally.
Oracle reported a profit and sales that surpassed Wall Street's expectations, and shares of the business software company popped more than 7 percent after hours. Oracle also declared its first-ever dividend.
Stocks leapt higher on Wednesday after the Fed surprised Wall Street and said it will buy long-term Treasury bonds for the first time in four decades...
The stock market's surprising show of strength Tuesday is convincing traders the rally still has a ways to go.
In this Web Extra, the traders game Oracle earnings, the Starbucks annual shareholders meeting, the conclusion of the Fed meeting and more!
Stocks surged on Tuesday after an unexpected leap in housing starts pushed Home Depot and other retailers higher...
As spring arrives in the coming week, investors will debate whether it's a time to hold out hope for the market or just expect another muddy season where bad economic news leads trading.
Stocks posted their best day in four months on Tuesday with Citigroup leading the Dow higher...