Swiss watchmaker Swatch said that an arbitration ruling in its case against U.S. jeweler Tiffany was set aside by an Amsterdam court.» Read More
Traders were slobbering all day about an imminent asset allocation program (out of cash, into stocks), part of the collective wish for that most elusive of 2008 creatures...a Bear Market Rally. And we did indeed end on the highs for the day.
Stocks resumed their rally Thursday, looking to extend their winning streak to four days, after a quick dip following a series of attacks in India.
Midday, the Dow has moved over 200 points from its high to its how, despite: 1) Horrendous economic news (durable goods, new home sales coming in at the lowest levels since 1991).
U.S. stocks retreated Wednesday as traders took a breather after a three-day winning streak.
The glacial speed the analysts have been moving has been nothing short of scandalous. Top-down strategists (guys who do estimates of earnings based on macroeconomic factors) have 2009 estimates for the S&P 500 as low as $60, but the bottoms-up analysts (the guys who just cover individual companies or industries)...
U.S. stocks looked set to edge lower at the open on Wednesday as the positive reaction to the Federal Reserve's plan to buy mortgage-backed securities failed to bolster the futures.
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With the Holiday's approaching and so much negative sentiment in its stock, is Tiffany starting to look attractive?
The NASDAQ broke the old closing low of 1505.90. We did not break the old closing low of 848.92 on the S&P set on October 27th, but we are very close. Let's not quibble.
It was about a year ago that I covered a brand called Enlyten SportStrips. It's basically Gatorade on one of those strips you put into your mouth. The story got intriguing when the company alleged the NFL pushed them out of a deal with the Buffalo Bills...
Forget the banks and brokers, there are other perfectly good trades to be had!
Wall Street will get back to business fast Tuesday as it assesses the aftermath of Hurricane Gustav and starts to consider the first of a number of important economic reports this week.
Ding, dong Dell. The computer marker's after hours earnings miss could put a dent in tech in Friday's quiet, pre-holiday session.
The Dow rose sharply on Thursday after the government reported the economy grew at a surprisingly robust clip in the second quarter and oil prices eased.
Stocks advanced Thursday after second-quarter GDP was revised to show growth was more robust than first thought and oil receded to around $116 a barrel after earlier topping $120.
Futures popped about 6 points at 8:30am ET, as preliminary second quarter GDP of 3.3 percent seems to have ended talk of a "formal" recession. MBIA up 17 percent pre-open, as it agreed to reinsure $184 billion of municipal bond risk from FGIC (its competitor). MBIA gets $741 million in premiums. Ambak up 13 percent in sympathy. And retailers continue to report very mixed results.
Thursday's markets will be quiet, but there are a few important undercurrents investors are watching.
We ran out of time on TV, but in this Web Extra you’ll find all the latest “Fast & Furious” trades.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
We shed more light on the scorecard system Cramer gave viewers this week to value stocks.