Staples Inc
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This week on "Talking Squawk": David Tepper's "My Cousin Vinny" market call, Cisco's John Chambers, Bloomberg's "Surveillance," the IRS, the AP, and big hair and Sony.
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OfficeMax posted a better-than-expected quarterly profit Tuesday, helped by cost-cutting measures amid declining sales, and its shares rose more than 11 percent.
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European stocks closed slightly higher Tuesday, but off their earlier levels after a rally in banking stocks lost momentum in the run-up to the market close.
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Dutch office goods supplier Corporate Express reversed falling sales in its key U.S. market, sending its shares up as much as 10 percent and bolstering its defence against hedge funds pushing for a sale.
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Dutch office supplies firm Corporate Express said Tuesday it was not in talks to be bought by U.S. rival Staples, denying a newspaper report and halving a sharp rise in its shares.
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The Magellan Fund's focus on tech and energy is "so right" for this environment, Cramer says.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.
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China is doing a lot of investing in America, and there's a five-star fund manager with a couple of ideas for American investors -- in China.
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Stocks closed sharply higher after a rebound by the battered financial sector spread across the entire market.
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Staples, the biggest U.S. specialty retailer of office supplies, reported better-than-expected quarterly profit on Tuesday as expense controls and profit gains at its international unit helped offset the impact of lower same-store sales at home.
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Abu Dhabi's $7.5 billion capital injection into Citi--that's 4.9% of the company--contains a stunning figure: a mandatory convertible that pays 11% yield (Citi currently has a 7.1% dividend yield)! That, as many have observed, is above the average yield for junk bonds, currently about 9%.
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Solar panel maker Suntech Power said Thursday quarterly earnings nearly doubled, beating analysts' estimates and driving its shares up more than 10 percent.
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After years incubating in laboratories, then nurtured as start-ups by green-leaning venture capitalists, the clean-tech sector is finally getting serious attention from deep-pocketed investors who are seeing clearer exit strategies through an increasing number of successful public listings.
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Dell plans to sell computers and other electronics gear at 1,400 Staples stores, the latest departure from the direct-to-customer business model pioneered by the No. 2 computer maker.
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Cramer makes the call on viewers' favorite stocks.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.
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USC Marshall School of Business students go toe-to-toe with the king of Cramerica to see if they have what it takes to make it on Wall Street.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.
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It's a continual worry in the markets: Will the consumer continue to spend? The answer so far seems to be "yes." But cracks are appearing as Americans wrestle with high debt, tightening credit, inflation and a worsening housing slump. That's led to speculation that consumers may become tapped out enough to push the economy into a recession.
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U.S. retailers are still sweating through the back-to-school shopping season, but an early chill has already crept into their prospects for the all-important holiday season.
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U.S. stocks ended mixed as the investors looked for signs that the Federal Reserve may cut interest rates again soon. "I think it's encouraging that we are kind of stabilizing after last week's turmoil," said Alec Young, equity market strategist at Standard & Poor's.
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Several retailers posted improved quarterly earnings on Tuesday, but many remained cautious about the rest of the year.Retail stocks were mixed in reaction, with shares of upscale retailers such as Saks trading lower, while club stores such as BJ Wholesale Club gained ground. Both were among those reporting results Tuesday.
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Staples, the largest U.S. office supplies retailer, posted an 11% rise in quarterly profit Tuesday, but North American sales in stores open more than a year slipped and its stock fell.
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Moments ago on the Staples conference call...the CEO says he that he was cautious about the consumer last quarter and now that's progressed to "worried" about the consumer. The retail business is particularly weak in Florida (Tampa, Orlando) and California.