Another slow melt-up. Every day, the Dow goes up...20 points. The Dow is up 17 trading days in March, and down only four. It hasn't put together two down days since the last week of February. That's impressive. What is not impressive: volume, and the advance/decline line is definitely showing signs of slowing down. Not a good sign.
Where are the crowds right now and should investors stay away or join them? Nicholas Colas, chief market strategist at ConvergEx discussed his views.
A new all time high for a number of stocks couldn’t keep the markets in the green on Tuesday.Is the action just end of quarter profit taking or are we heading for a pullback?
AT&T has been the exclusive carrier for Apple's iPhone since the device launched in 2007, but talk of the tech giant producing an iPhone for Verizon Wireless is sending the tech world and Wall Street buzzing.
An association representing 300 large corporations is pressing for the repeal a provision of the health care overhaul that prompted AT&T, Caterpillar and other companies to announce substantial charges, the NYT reports.
Stocks advanced Tuesday after a jump in consumer confidence and encouraging read on housing. Tech and telecom were the big trading story amid news that Apple's working on an iPhone that works on the Verizon network.
The Greek stock market down 1.8 percent as the sale of the 7 year bond did not go as well as initially thought. Yields are higher, to 6.24 percent. And: We are waiting to see if the spate of strong IPOs will continue. Expecting Primerica to price 18 million shares between $12-$14, likely tonight, possibly tomorrow. This is the largest financial services marketing organization in North America.
U.S. stock index futures poionted to a modest gain at the open on big news in the smartphone industry and ahead of reports on housing and consumer confidence.
AT&T joins Deere and Caterpillar in taking a charge (in this case, $1 billion) due to the health care reform bill. You will be hearing this from many companies. In this case, there is a charge to earnings this quarter for companies that get a 28 percent subsidy from the feds for prescription drug coverage for their Medicare retirees. That subsidy is being reduced.
After a long period of trial and error—some of which is still going on—content providers and wireless technology companies are finding a robust appetite for mobile video.
According to Forrester Research, the number of mobile Internet users in the U.S. will double over the next five years, from 52 million today to some 106 million by 2015. As more handsets are sold, the demands on wireless networks increase exponentially.
For a little $1 iPhone app, Line2 sure has the potential to shake up an entire industry.
Stocks remained lower Wednesday after a disappointing new-home sales report, but didn't add much to its losses. Stocks started the day lower after Portugal's credit rating was downgraded, accelerating jitters about European debt problems.
Chatter about what’s next in wireless is all the rage right now as the CTIA wireless show gets underway in Las Vegas. Wanna see the America's first 4G phone?
No one is interested in the PC or laptops or desktops anymore. Every company has a target on smartphones.
According to charts, yes, Cramer says. And better than AT&T, too.
Cramer makes the call on viewers' favorite stocks.
Markets opened higher on Wednesday as a drop in inflation at the producer level helped fuel the momentum. Do stocks have further room on the upside? Charlie Smith, chief investment officer at Fort Pitt Capital Group and Jeffrey Phillips, chief investment officer at Rehmann Financial shared their insights.
The next generation of faster mobile networks is poised to lower costs for operators and potentially unleash a new price war in the industry in Europe.
It's been a year since the market bottomed. The Dow is up 61% since then. A newspaper stock outperformed discount giant Wal-Mart. What has it all taught us? Take a good look in the mirror, buddy.