In honor of CNBC's 25th anniversary, the "Fast Money" traders give their top stocks to own for the next 25 years.» Read More
Stock futures are perking up this morning after three sessions of selling. Housing starts for May are reported today and there are a few earnings reports to make headlines.
Investors will soon have earnings to add to their watch list, but unlike interest rates and energy prices they may yield a positive surprise. Though interest rates and subprime worries have rattled stocks lately, corporate profits will also be closely watched in the coming weeks. And many market pros think that--like the first quarter--the results will come in above unrealistically low forecasts.
With stock prices lower today, buying on market dips is the way to go, according to two market analysts. U.S. stocks, as measured by the S&P 500, are still relatively cheap and "we think there's still probably about five to ten percent upside before the end of the year," David Stepherson, Sr. Portfolio Manager at Hardesty Capital Management, said.
The S&P 500 and Dow reached all-time highs in May, but what about the NASDAQ? The index is well below its record set in March of 2000. That tech bull run was led by the 4 horsemen; Microsoft (MSFT), Oracle (ORCL), Intel (INTC) and Cisco (CSCO) Who will be the new NASDAQ leaders?
The U.S. Senate's immigration reform bill could result in the H1B visa cap jumping from 65,000 to 115,000 annually. “Morning Call” invited immigration experts to debate both sides of the issue. Ron Hira, a public policy professor at the Rochester Institute of Technology, said the H1B program -- for highly skilled workers -- has been “corrupted and needs to be repaired.” ... But Robert Hoffman, vice president of congressional and legislative affairs at Oracle, disagreed.
Billionaire investor George Soros reported Tuesday that he had more than doubled his stake in Microsoft Corp.'s common stock to 415,497 shares as of March 31 from a previously disclosed stake of 198,075 shares.
The deal values Agile Software, a maker of product life cycle management software, at $8.10 a share.
The top 4 celebrities remain constant with Jonathan Tucker holding onto his lead with only $62,581.29 separating him from Stephen Collins. Poker champion Moneymaker is betting on Allscripts Healthcare to move him up from 4th on strong earnings after the bell Tuesday. And Hall of Famer Johnny Bench is counting on American Oriental Bioengineering to continue to perform--as he's in 5th place.
It's certainly coming down to the wire in Trading With The Stars. As we said, this is the last week for this part of the Million Dollar Portfolio Challenge. And Jonathan Tucker stays on top with a total portfolio value of $1,204,305.00 which is up $5,905.00 from Friday's total. Stephen Collins continues in the #2 spot with a total portfolio value of $1,166,355.20. That's up $6,348.18 from Friday's total and Stephen continues to close the gap with Jonathan Tucker.
Business software maker Oracle on Monday asked a U.S. court to make SAP preserve evidence on its computers, saying it was concerned its German rival might destroy electronic information at the heart of a corporate theft lawsuit.
A money manager told CNBC that stock buybacks, private equity and M&A activity will continue to drive the market, particularly for tech stocks. Noah Blackstein, portfolio manager at Dynamic Mutual Funds, said business software giant Oracle's multibillion dollar buyouts of PeopleSoft, Siebel Systems, and most recently Hyperion Solutions, have led to a shortage of publicly traded software stocks.
Google's acquisition of DoubleClick wasn't much of a surprise since blogs and news coverage over the past few weeks have indicated that the company was in play and had several suitors, including Microsoft, Google, Yahoo and various others.But the big surprise happened over the weekend when we found out that Microsoft was building a coalition of companies to come out against the deal, and that the anti-trust poster-company was now playing the part of victim. Needless to say, this pot-calling-the-kettle-black legal strategy is raising some eyebrows.
Cramer admits he can be a bit negative at times. So when he read some recent reports about the competition that Salesforce.com can expect from Microsoft and Oracle, he didn’t hesitate to voice his concerns. But on today’s show, Salesforce.com’s Chairman and CEO Marc Benioff got a chance to tell his side of the story. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
President George W. Bush visited the storied border town of Yuma, Ariz. Monday to build support for his immigration-reform policies -- proposals that not only affect illegal aliens and blue-collar workers, but also affect the higher end of the educational and economic spectrum. Ron Hira, Public Policy Professor at Rochester Institute of Technology, and Robert Hoffman, vice president for Congressional & Legislative Affairs at Oracle, joined "Power Lunch" to debate expanding H1-B visas for highly trained foreign nationals.
0%: That's what the European Union's Commission thinks Microsoft deserves for licensing its vital communications code -- a stance that would enable Microsoft rivals to manufacture software compatible with its dominant Windows operating system. CNBC's Jim Goldman reported on the latest chapter in the seemingly never-ending antitrust saga.
We got an email that may be of interest to all when it comes to stock picking. It deals with the age old question, whether you're in this contest or not- just what makes a stock so popular?(wouldn't we all like to know!) Here's the email and our attempt to answer.
Folks, here are some great stats from out contest trackers that I know you will want to have: analysis of the 313 Transactions within the top 20 leading portfolios by dollar value from the close of Thursday, 3/15 through the close of Thursday, 3/28 shows some sector rotation. Whereas in the first run from 3/2 - 3/14, retail stocks were by far the most actively traded..
SAP's head of software products, Shai Agassi, will resign because he was unwilling to wait to become the next chief executive, and sales chief Leo Apotheker was named deputy CEO, the company said on Wednesday.
The chief executive of SAP's TomorrowNow subsidiary, Andrew Nelson, defended the unit's business practices in his first public response to a recent lawsuit from rival Oracle, The Wall Street Journal reported.