Stocks closed broadly lower on Wednesday as investors' hopes for a cut in interest rates diminished following the release of minutes from the Fed's policy meeting three weeks ago."I think what the market wanted to hear was that the Fed was looking to come to the rescue and add liquidity to the system, as they seemed to tip their hat to in the last FOMC announcement," Kevin Caron, market analyst at Ryan Beck, told CNBC.
If you know any investors in Research in Motion, you may want to have some Kleenex ready; not for tears of sorrow, but for the ongoing nosebleed they're suffering with the Blackberry maker's shares trading at a 52-week high.
Good morning all. Parker Robinson and James Kraber remain in the top two positions, with James holding the 2nd and 4th positions, and remember Deborah Taft? She made a strong move back into third place. Parker's portfolio value stands at $2,796,103.27, up $3,000 from Monday on bonus bucks.
It was an extra-long Lightning Round today. So that means Cramer covered everything from retail to tech to banks to agriculture -- and more.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
There’s no such thing as a good stock tip – so don’t waste your time with them.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
A major Palm shareholder fully anticipates that Motorola will announce plans to buy the company in a deal valued at roughly $2 billion as early as tomorrow, hours before Palm is expected to release its quarterly financial report. A Palm spokesperson refused to comment on what she called rumor and speculation
Will they or won't they? The net is rife with speculation now that Google plans to enter the wireless business with a free, advertising-supported cell phone that the company would sell, using wi-fi AND cell technology. Not just with new apps, but with the actual hardware.
Today Cramer talks drilling stocks, MasterCard, Sprint and many, many more...
Stocks were hit by another late-session selloff as investors remained jittery after the market's worst week in four years. "I think it's just indicative of what the market is going to look like for the next couple of weeks, it's going to be very choppy," said Dan McMahon, head of listed trading at CIBC World Markets.
BlackBerry maker Research In Motion said it will restate its financial statements as far back as fiscal 2004 because of past stock option reporting errors, and it anticipates a $250 million reduction in previous earnings. Chairman and co-CEO Jim Balsillie is stepping aside as chairman.
The two big stories grabbing headlines in the handheld arena focus on Research in Motion and Palm, and for two decidedly different reasons...
Coffee, tobacco, and work can each prove addictive for some executives. But CNBC's Darren Rovell says the newest monkey on C-level backs is a video game, Brickbreaker. And the supplier is the exec's very own BlackBerry handheld.
Coffee, tobacco, and work can each prove addictive for some executives. But CNBC's Darren Rovell says the newest monkey on C-level backs is a video game, Brickbreaker. And the supplier is the exec's very own BlackBerry handheld.
Euphoria over the iPhone and its slick, sleek, slim design quickly gave way to sticker shock when Apple CEO Steve Jobs announced the pricetag: $499 for 4 gig model; $599 for the 8-gig. Let the pundit-parade begin: Too expensive, they clamored. Elitist, said others. But lets' look back: Remember that Apple was an expensive Johnny-come-lately to the world of digital music, and that was nearly 100 million iPods ago!
Apple shares are jumping higher this afternoon--up around 6.5% after the company unveiled it's new iPhone. “We’re gonna make some history today,” said Steve Jobs, the inconic head of Apple during his annual presentation at the MacWorld conference in San Francisco. “This is a day I’ve been looking forward to for two and a half years. Every once in a while, a revolutionary product comes along that changes everything.”
An airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.
Tuesday, 18 Jun 2013 | 12:47 PM ETSupply shortages and rising rates are positive for the real estate market, Colony Capital CEO Tom Barrack says.