Stocks rose for a second day on Wednesday after JP Morgan Chase said the bank was profitable in January and February, echoing comments by Citigroup a day earlier.
Stocks posted their best day in four months on Tuesday with Citigroup leading the Dow higher...
Following are the week’s biggest winners and losers. Find out why shares of Blackstone and Autozone popped while Apple and US Bancorp dropped.
A rally in the last hour of trading lifted the Dow into positive territory on Friday, as surging oil prices drove energy stocks...
Shares of PNC Financial are down sharply for a second day, and options trading indicates that there may be more downside ahead.
The number of job cuts continued to soar in February 2009, reflecting the worsening US recession.
More companies announced layoffs this week as the employment picture continued to dim. JPMorgan Chase and Chesapeake Energy were among the latest names on Thursday to announce job cuts.
Stocks ended a yo-yo session lower Tuesday, with the S&P ending a few points below the 700 mark as investors remained on edge.
Stocks wobbled Tuesday as worries that sent stocks to 12-year lows on Monday persisted.
Despite a rash of recent cuts, playing dividends continues to be an important tool for investors, financial advisers say.
Following are the day’s biggest winners and losers. Find out why shares of FTI Consulting and Becton, Dickinson popped while PNC Financial and Morgan Stanley dropped.
The Dow Jones Industrial Average hit its lowest level in 12 years, slipping below 7,000, then 6,900 and then 6,800, as another bailout of insurance giant AIG stirred fear about the stability of the financial system.
The Dow Jones Industrial Average opened at its lowest level in 12 years, slipping below 7,000 as investors grew increasingly skittish over the state of the stock market amid the wave of government bailouts.
A Bank of America official told us that for every $1 they spend on sports marketing, they net $3. They also said that out of all the new checking accounts that were opened in 2008, 10 percent of those were attributed to their sports marketing programs.
Details of the government’s plan to convert its preferred shares to common shares in Citigroup have pushed stock futures sharply lower, with shares of Citi and other banks under pressure in pre-market trading.
Could it be? And if so, will it continue? Cramer says there’s reason to think it might.
US Bancorp is seeing huge options trading, both calls and puts — that appear to be linked. USB averages 24,000 calls per day, but some 30,000 calls changed hands Thursday in the first 45 minutes of trading alone. Puts are also well above normal levels.
Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.
On Wednesday the White House unveiled its new plan to help homeowners on the brink. We’ve got the details – now will it work?
Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.