New money making opportunities lie ahead. “This stock has a history of reporting, then selling off, and rallying again," Cramer said.» Read More
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.
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%.
Solar panel maker Suntech Power said Thursday quarterly earnings nearly doubled, beating analysts' estimates and driving its shares up more than 10 percent.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Office supplies retailer OfficeMax posted higher-than-expected second-quarter earnings Wednesday, helped by better retail sales and improved margins, and its shares rose as much as 11 percent.
Analyst actions and corporate announcements were some of the catalysts behind the most actively traded stocks on Thursday.
Amazon, Savient Pharma, Staples, Barnes Group 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.
Stocks ended mixed and the S&P 500 failed to close at a new record for the second straight session. "We started out a little weak, and then we had a nice little rally, but the buyers were already in and there was no place for stocks to go but down," said Tom Schrader, head of listed trading at Stifel Nicolaus. "It's indicative of the late stages of a bull market."
Asset sales and earnings reports catalyzed the most actively traded stocks on Tuesday.
Staples said first-quarter earnings rose 12%, helped by growth at its international business. However, the Framingham, Mass., office supplies retailer saw some weakness at its North American stores. Although the company reiterated its forecasts, it warned earnings per share in the second quarter might fall at the low-end of its estimates.
CBS fired Don Imus from his radio show Thursday, the finale to a stunning fall for one of the nation's most prominent broadcasters. Imus initially was suspended for calling the Rutgers women's basketball team "nappy-headed hos" last week, but outrage continued and advertisers bolted from his programs.