Some of Thursday's midday movers:» Read More
Stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs for the first trading day of the year. Bank of America and Alcoa gained, while Coca-Cola fell.
Stocks ended up nearly a percent or more as investors flocked to stocks, pushing the market to new two-year highs for the first trading day of the year. BofA and Alcoa rise, while Coca-Cola slipped.
Stocks surged to new two-year highs as investors flocked to stocks, pushing all the major indexes up more than 1 percent on the first trading day of the year. Bank of America and Alcoa gained, while Coca-Cola fell.
The shorts may doubt these four companies, but Cramer thinks their run is far from over.
Herein are the market movers grabbed the attention of the "Fast Money" traders on Wednesday.
One investment research firm thinks so. With strong options activity and shares surging, the "Fast Money" team weighs in.
Fed policy captures traders' attention. Also: October retail same-store sales were a mixed bag: some tricks, some treats. It's important to note that estimates have been coming down all month, and only about half have beat the consensus.
Stocks closed mixed as technology companies pulled the Nasdaq and Dow higher, although investors didn't have enough conviction in the future of the economy to break out of a tight trading range. HP and Cisco rose, while Alcoa fell.
Stocks remained mixed Thursday ahead of the close as technology stocks pulled the Nasdaq higher and lifted the Dow, although Wall Street largely remained locked in a tight trading range. HP and Cisco rose, while Alcoa fell.
Online travel agency Priceline posted quarterly profit that beat analyst forecasts earlier this week, as bookings jumped 43 percent. So is the travel industry in the midst of a rebound? Mark Mahaney, Internet research director at Citigroup Investment Research, shared his best plays.
The corporate traveler is back, but high airfares are continuing to constrain consumer travel, according to Orbitz Worldwide President and CEO Barney Harford.
Here's what analysts and others say they're watching before the bell Thursday.
The company launched "Too Cheap to Advertise", an online campaign where it solicited 30-second commercials from the public (for free!) in exchange for $50,000 in free travel (no cash upfront!). "Cheap is an attitude," the company says, adding that customers embrace it, "so who better to create a commercial?"
Shares of online travel sites Expedia and Priceline.com fell in after-hours trading Thursday on word that internet giant Google will purchase ITA Software, a flight information software company.
Leisure destinations are recovering but traditional business destinations remain weak, said Barney Harford, Orbitz Worldwide CEO on Thursday. "The green shoots of the recovery are coming from the leisure sector,” he told CNBC’s Becky Quick on “Squawk Box.”
Priceline.com was up 14% yesterday after beating Q2 earnings estimates on strong sales and bookings and guiding above expectations for its current third quarter. The company noted that its results have been and continue to be helped by strong demand for leisure travel this summer, which has been spurred by lower prices via heavy discounting.
Whither stocks? We are overbought, but that doesn't mean the markets will drop. Traders have been worried that the market rally is showing signs of aging; for example, the percentage of stocks below their 10-day moving average is faltering.
Freddie Mac up nearly 100 percent after reporting its first quarterly profit in nearly two years (excluding the dividend payment to the government). A change in accounting rules, lower funding costs, lower provisions for credit losses, and gains on the company's derivative portfolio were all factors.
Stocks ended lower Wednesday, despite a late attempt at a recovery, as disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G, fueled concerns about the economic recovery.
Stocks tumbled Wednesday following disappointing readings on the service sector and employment situation, as well as a cautious outlook from Dow component P&G.