In October last year, Laszlo Birinyi, president of Birinyi Associates, cut back on his exposure to the energy sector, selling off energy ETFs and Exxon Mobil — and the stock is down about 2 percent since then. Heading into the new year, Birinyi shared his top five picks for 2011 with CNBC.
Stocks advanced Wednesday, boosted by a handful of positive news on the corporate front, but a rise in bond yields and the dollar limited gains. Robert Millen, co-portfolio manager at Jensen Investment Management, and David Joy, chief market strategist at Columbia Management, shared their best plays.
Looks like Pepsi wants to be the soft drink of choice in Russia.
Stocks rallied for second consecutive day following upbeat economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Kraft fell.
Stocks continued their December rally Thursday, led by banks and homebuilders, following a handful of positive economic reports that revived hopes of a stronger U.S. economy and news the European Central Bank was buying euro zone debt. Home Depot and Alcoa rose, while Cisco fell.
What's the desk watching? Check here daily for trader notes. Fresh off our morning call we'll pen some ideas - just for you!
Stocks gained after a surprisingly upbeat report from the housing market and as a stream of stronger-than-expected retail sales reports signaled a bright start to the holiday season. Bank of America and Home Depot rose.
Despite the euro zone debt crisis, European markets might be a bright spot in the coming year, according to Richard Bernstein, chief investment strategist at Richard Bernstein Advisors.
S&P futures had dropped a point or so as initial jobless claims for the week came in a bit heavier than expectations, 436,000 vs. 422,000 consensus. Prior week was revised upward to 410,000, from 407,000. Also: good news, nad news for retail.
As Congress considers new ways to cut spending, here's one idea health advocates are pushing: prevent people on food stamps from using benefits to buy sweetened sodas.
Here's how the "Fast Money" gang suggests kicking off your trading week.
Global investors should place their bets on Asia as the region will dominate growth in the next decade, said Don Gimbel, senior MD & CIO of Carret Asset Management on CNBC.
Gatorade is vulnerable. For so long the brand has weathered the punches thrown at it, but the stats now show that the brand is bleeding.
Alibaba Group, owner of China's largest e-commerce site Alibaba.com, reported a 55 percent jump in third quarter profit, driven by a rise in subscribers and strong growth in value-added services. However, the firm warned of falling growth rates due to an expected slowdown in China's exports.
Herein is the "Final Trade," where the "Fast Money" traders give you their best plays for Wednesday.
On Monday, the company confirmed plans to invest $140 million to build its tenth plant in the country.
Better prepare yourself for Thursday's trading by learning what moves the "Fast" traders would make.
It’s a great time to be in the large cap dividend stocks, said John Morris, managing partner at Crestwood Advisors, and Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates. They shared their best plays.
I spoke to a couple people yesterday who were surprised that Brett Favre’s Wrangler jeans spots were still running. Surprised that he was still on their Web site. They were surprised that Wrangler had no comment. Well, I’m not.
The Dow closed above 11,000 for the first time since early May on hopes the Federal Reserve would step in to spur economic growth. Alcoa and Caterpillar rose, while Bank of America and Kraft fell.