Liam Dalton, Axiom Capital CIO & Chairman, discuses growth stocks, stock splits, and his expectations for Priceline.com and PepsiCo. "The effects in stock splits are not what they once were," he says.» Read More
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
Feb 13- Orbitz Worldwide Inc reported a higher-than-expected quarterly profit on Thursday and said it was making investments to improve its airline-ticket business, sending its heavily shorted shares up 28 percent for their biggest gain since August.
As a heavy snowfall smothered activity around Wall St., traders worried a negative retail sales report contains bigger warnings about the economy.
*Apple leads market higher on buyback boost. *Online travel agencies' shares fly after Expedia results. NEW YORK, Feb 7- U.S. stocks jumped on Friday, giving the S&P 500 its first weekly gain in four as the impact of a weak reading on the labor market was dulled by harsh weather conditions and traders focused on expectations of further economic strength.
*Apple leads market higher on buyback boost. *Online travel agencies' shares jump after Expedia results. NEW YORK, Feb 7- U.S. stocks climbed on Friday, setting the S&P 500 on track for its first weekly gain in four as a weak reading on the labor market was partly blamed on the weather and traders focused on expectations of further economic strength.
*January payrolls disappoint, December revised up slightly. NEW YORK, Feb 7- U.S. stocks edged up on Friday as a weak reading on the labor market was partly blamed on the weather and initial disappointment was replaced with expectations of further economic strength.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
Wednesday's midday movers:
No matter where the Super Bowl is played, Las Vegas is always a winner. "Vegas is the mecca for Super Bowl shenanigans," said one repeat fan.
Some of Monday's midday movers:
Priceline.com CEO Chris Soder discusses the partnership formed with General Motors that will allow Chevy customers to book hotel rooms on Priceline through the Chevy OnStar in-dash system.
MasterCard stock is splitting, but don't expect too many other companies to follow suit.
Dec 10- MasterCard Inc, the world's No.2 credit and debit card company, announced a 1- for-10 stock split and raised its quarterly dividend by 83 percent, sending its shares up 3 percent to their life-high in extended trading. MasterCard's shares have gained almost 60 percent this year as more people use cards for transactions across the world.
Mark Mahaney, Internet Analyst at RBC Capital Markets explains what's driving the shoppers' migration from offline to online with mobile platform also gathering pace.
"I still see some great opportunities out there," says Peter Dixon, manager of Fidelity Select Retailing fund.
Finding the best shopping travel deals, with Christopher Soder, Priceline.com North America CEO.
Some of the names on the move ahead of the open.
"We think there are pockets of exuberance in the markets where there are extended valuations," Needham Growth Fund's John Barr says.
Twitter's IPO doesn't portend a rising tide to lift all Web stocks, says RBC Capital Markets Managing Director Mark Mahaney.
CNBC's Dominic Chu and Shelia Dharmarajan report on tech names to look out for and some old names that may still be profitable for investors.