A stock market decline provided opportunity to buy quality names at a discount, several pros say.» Read More
Stocks are heading for a lower opening as some weak tech earnings worry investors. The dollar continues to fall against major currencies. Asian markets were higher overnight, but European stocks are lower. There are no big data items today but earnings could sway direction.
Good morning. Parker Robinson and James Kraber remain the dynamic duo at the top of the leaderboard. Parker's portfolio value stands at $2,823,511.09 down $8,592.18 or -0.30% from Wednesday's total with his biggest dollar loss on RIM costing him $6,324.16.
Stocks closed with broad gains as investors bought up large cap stocks, shrugging off a 3% gain in oil prices. "People are looking for a little bit of value, particularly in the large cap sector," said Dan McMahon, head of listed trading at CIBC World Markets. "It's not a huge move but we stopped the bleeding today."
The market selloff after Research in Motion’s disappointing guidance presents an excellent buying opportunity, one analyst told Mark Haines and Erin Burnett on “Squawk on the Street.” “They’re investing more in growth, just starting to crack open the consumer opportunity, and we do have some one time events, a bit of a higher tax rate that is pinching some of the earnings outlook,” said Rob Sanderson, media and communications analyst with American Technology Research.
BlackBerry maker Research In Motion's stock fell sharply after the company reported slightly lower-than-expected earnings and said the SEC was formally investigating its stock-options practices.
Good morning. Parker Robinson has remained on the top of the leaderboard since April 5th, and James Kraber is holding strong in the #2 slot. Parker's portfolio value stands at $2,832,103.27, up $36,000 from Tuesday on Electro Scientific and bonus bucks. Parker's gamble on Electro Scientific paid off. He bought 50,000 shares at $20.09, and it closed Wednesday
Stocks prices are soft ahead of the open, following a slide in Europe and Asia on yesterday's comments from the Fed.
Good. Just not good enough. Strong. But not strong enough. Call RIMM's Fourth Quarter earnings report what you want, but just don't call it "good news."
BlackBerry maker Research In Motion reported sharply higher fourth-quarter profit that was still a penny short of expectations. RIM also revealed that an informal inquiry by the Securities and Exchange Commission into past stock-option grants has been upgraded to a formal investigation.
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.
Hi everyone. Timothy Sykes is back with a blog post and a couple of specific stock picks for the contest. (reminder--this is ONLY for the contest, not your personal portfolio.). This is time sensitive if the stocks interest you. Timothy's got a pretty good track record!! Here's his post:
New Jersey is the latest state where some legislators would like to ban text messaging while driving, sending a message to BlackBerry addicts who may have found a way to stay productive while sidelined by a traffic jam.
Palm reported a better-than-expected third quarter financial performance, but softer-than-expected guidance for its fourth quarter, with top company executives refusing to comment on the growing speculation of an impending merger or leveraged buyout.
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
There's a tough guy in town and he's lookin' to mix it up. We're talking about Herb Greenberg, and he's got a wrong to right with each of our guys. Forget Ali vs. Frasier or even Rosie vs. The Donald - those were just skirmishes. What follows is a true “Street Fight.”
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.