Warren Buffett eased the throttle on energy while Bill Ackman had less on Target. George Soros and John Paulson loaded up on financials, while Carl Icahn backed off on Yahoo but jumped into Take Two.
Markets opened higher on Wednesday, after the Dow logged its best day in three months on Tuesday. Is the correction over and should investors start putting their money in stocks? Sam Stovall, chief investment strategist at Standard & Poor’s shared his insights.
Stocks opened higher Wednesday after Deere blew past earnings expectations and a report showed a rebound in housing starts.
Wall Street looks set to extend the previous session's gains Wednesday, with stock index futures pointing to a modest rise.
Warren Buffett's Berkshire Hathaway dramatically cut its stakes last fall in two of the nation's biggest oil companies. It also significantly reduced its holdings of Procter & Gamble and Johnson & Johnson.
As of mid-day today, the Dow is up over 1% but still down nearly 5% from its highest close of the year (a 15-month high) reached on January 19. So will Mardi Gras help the U.S. Indexes rebound to new monthly highs? Unfortunately in this this case, it's only wishful thinking as stocks historically tend to downtrend on Mardi Gras. Nevertheless, looking forward the markets will have something to cheer about as the major indexes have averaged descent gains following the 40 day lent period leading up to Easter. Here are the historical averages for the major indices.
There are many events scattered throughout event spaces, galleries and showrooms in New York City including the Meatpacking District's Milk studios. Catch a glimpse of the action.
Stocks ended a volatile week with wild swings Friday as China's surprise tightening of its lending standards rattled global markets. Techs rallied, delivering the Nasdaq its best week since early January. All three major indexes snapped a four-week losing streak.Investors, keen to play the dips, retreated to one of their safe plays — technology. The Dow snapped a four-week winning streak, while the Nasdaq had its best week since early January.
Markets struggled on Friday on China’s surprise tightening of its lending standards and concerns about the global recovery. How should investors position their portfolios? Joseph LaVorgna, chief U.S. economist and CNBC contributor at Deutsche Bank and Brent McQuiston, vice president at Wealth Trust-Arizona discussed their insights.
Stocks fell sharply Friday as world markets were rattled over China's decision to tighten capital requirements for banks. The Dow was down more than 100 points, or over 1 percent, in the first few minutes of trading.
A redesign of Gillette's Fusion razor, the nation's best seller, is coming and — before you ask — it doesn't have any extra blades.
Stocks reversed their losses and traded higher on Thursday, as the dollar gained against the euro amid Europe debt worries. Where are the markets headed from this point? Tommy Williams, president of Williams Financial Advisors, and John Brady, senior vice president at MF Global, shared their outlooks.
Commodity and energy stocks rallied as the euro finally became so oversold that traders began buying it, thus weakening the dollar. There may also be a secondary reflation trade in play: the unusual move in copper (up 4.7 percent) widely noted on trading desks. George Gero at RBC attributes the gold rally to "Relief that Greece will be handled without having to sell gold..."
Wal-Mart Stores and consumer products maker Procter & Gamble will jointly create a television movie in an effort to promote "family-friendly" programming, the companies said Thursday.
The consumer products maker unveiled a "Thanks, Mom" campaign, with commercials highlighting the role of U.S. athletes' mothers while also offering them financial help with Vancouver travel expenses.
What follows is a roundup of corporate earnings reports for Thursday, Feb. 11
After years of declining sales, the fragrance industry is banning together to try and revive sales. Do they have the right mix to breathe new life into this struggling business?
Forget oil and gold, the Mad Money host says. Some companies are doing very well. Read on for his list of notables.
The Dow continued its fall below 10,000 on Friday, causing investors to worry about the beginning of a possible correction. How should investors position their portfolios? John Merrill, founder and CIO of Tanglewood Wealth Management and Andrew Kanaly, chairman of Kanaly Trust Company shared their market outlooks.
Stocks opened lower Friday after falling below 10,000 in the previous trading day for the first time since last November. What should investors expect from the markets going forward? Art Cashin, director of floor operations at UBS Financial Services shared his insights.