Stocks closed out a volatile week with sharp gains Friday, with the Dow crossing above 13,000 for the first time since May, amid optimism that the Federal Reserve and the ECB may provide further stimulus to prop up the global economy.
While one analyst still sees growth ahead for the coffee retailer, he cut his price target on the stock in the wake of its disappointing earnings report.
Check out which companies are making headlines after the bell Thursday:
Stocks finished sharply higher Thursday following a pair of better-than-expected economic reports and after ECB President Mario Draghi said the central bank would do whatever it takes to support the euro.
Whole Foods Market might be the most perfect stock in what is, by any measure, an imperfect market. On the other hand, Zynga might be the worst, after the stock suffered deep losses Wednesday afternoon in after-hours trading, according to TheStreet.com contributor Rocco Pendola.
"Europe will drive the bus, but if we get a nasty surprise in initial claims that could have a big effect," veteran trader Art Cashin said.
In February of 2002, my brother Michael and I opened our first Top Pot Doughnuts on Seattle’s Capitol Hill. The company has since grown to 12 company-operated cafés.
Corporate earnings reports will compete for attention with whatever Europe throws at markets Tuesday.
The restaurant sector encountered headwinds that lead to worse-than-expected second-quarter earnings. Following Yum! Brands and Chipotle, McDonald’s was just the latest restaurant chain to miss estimates for the quarter. But should investors buy or sell?
Think market headwinds are just too fierce to buy stocks? Not so, say the Fast Money pros. That is, if you know what to pick.
“With a pretty surprising downturn in Europe, June was definitely a leg down for a lot of companies," one pro said. And the GDP report could be a "whack across the forehead."
With the bar set so low, technology companies had an easier time beating earnings expectations this week. But the focus now starts to shift toward the consumer.
CNBC's Brian Shactman and Eamon Javers report the New York Fed is expected to release its report on the LIBOR case tomorrow, and HSBC is preparing to pay big fines for not having necessary controls in place to prevent terror financing.
The "Mad Money" host gets poetic and gives investors a glimpse of how the global economy might be seen through Charles Dickens' eyes.
Earnings season kicks off on Monday amid a global economic slowdown. But if companies can deliver now, Ashwani Kaul, CEO of Kaul Advisory Group says it’s a “really good sign for the markets in the second half of the year.”
Last Friday’s Options Action was neither bullish nor bearish; it was strictly contrarian. The traders found a way to get bullish on a name almost everyone thinks is in unremitting decline – Best Buy. And they got bearish on Starbuck, a company that the street just loves— with 23 ‘Buy’ ratings and only one ‘Underperform.’
Take a look at some of Thursday's midday movers:
Ryan Howard founded Practice Fusion, a free, web-based electronic health record company and one of the fastest-growing in the nation. He spoke with CNBC about how his business first took off and about two other big innovative players out there today.
Starbucks stock continues to trade flat near $52, after coming off a high of $61.15 on April 26. A recent UBS report suggested the momentum trade may be over for Starbucks.
The FMHR crew weigh in with their top trades of the day, and David Palmer, UBS, explains why shares of Starbucks may move sideways in the near term.