"The idea that Congress is so dysfunctional that they can't cut their budget by more than 1% or 2%, when you contrast that to the re-pricing of the entire housing stock for the U.S., it's a complete disconnect." ...A report from TheStreet.
What follows is a roundup of corporate earnings reports for Wednesday, Jan. 26.
Stocks that have largely underperformed are expected to be this year's big gainers, said Alan Lancz, president of asset management firm Alan B. Lancz & Associates, and Howard Ward, portfolio manager of Gamco Growth Fund.
With the increase in advanced-tech smart phone devices, firms focusing on Internet security are going to be the big winners over the next decade, said Adam Holt, global head of software equity research at Morgan Stanley.
Apps and Internet connectivity are everywhere. At this year’s Consumer Electronics Show, you’ll see more devices incorporating PC-like functions. And they'll be not just smartphones and set-top boxes, but TVs, digital cameras and printers as well.
Here are the two best plays right now on cyber security.
Authorities are investigating a number of cyber attacks against companies seen as opponents of controversial website WikiLeaks. Despite the fiasco, which companies are most likely benefit from the attacks? Mark Mahaney, Internet research managing director at Citigroup shared his best plays.
Stocks closed mixed Thursday after shaving deeper losses from earlier in the day in the last half hour of trading as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while Pfizer and Walt Disney rose.
Stocks trimmed earlier losses in the last half hour of trading Thursday as investors considered a mixed batch of earnings and the Fed's next steps to stimulate the economy. 3M and Caterpillar fell, while AmEx and Pfizer rose.
Stocks extended losses amid continued worries over the Fed Reserve's plans to stimulate the economy and a somewhat mixed batch of corporate earnings on Thursday. 3M and Caterpillar fell, while AmEx rose.
Stocks shaved off some of their earlier losses as techs staged a late-afternoon rally, but still closed mixed as investors considered news that the Federal Reserve may not provide as much stimulus to the economy as had been anticipated.
Stocks extended their losses Wednesday as concerns grew after a report suggested that the Federal Reserve's next round of quantitative easing will be less aggressive than expected. Home Depot and HP fell, while BofA and AmEx rose.
What follows is a roundup of corporate earnings reports for Wednesday, Oct. 27.
A powerful computer code attacking industrial facilities around the world, but mainly in Iran, probably was created by experts working for a country or a well-funded private group, analysts said.
The technology industry is being rattled by a quiet and sophisticated malicious software program that has infiltrated factory computers, the New York Times reports.
Tuesday's retail sales and the NFIB small business survey could decide whether the September rally rolls on for another day.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Following a flurry of M&A activity, investors are wondering who's the next takeover candidate. Why one analyst said Yahoo should buy Hulu.
Stocks largely ended down Friday, but significantly off earlier losses as the tech-heavy Nasdaq turned slightly higher. The moves were amid light trading and continuing worries about the economic recovery and bearish action in expiring August options. HP fell.
Stocks pared losses Friday, and the Nasdaq turned slightly higher, amid continuing worries about the economic recovery and bearish action in expiring August options. HP fell.