Warren Buffett's Berkshire Hathaway sold a lot of stock during the first three months of the year, including a reduction of over 31 million shares for its stake in Kraft Foods spacer. That sale follows his outspoken criticism of Kraft and its management for acquiring Cadbury's. Berkshire has also been raising money to pay for its now-completed $26 billion acquisition of the freight railroad Berkshire Hathaway Santa Fe.
Stocks fell heavily Friday as worries over the growing European debt crisis trumped some encouraging U.S. economic data. Financials, materials and techs were the biggest decliners.
Markets opened lower for a third straight session on Thursday amid worries about the European debt crisis. Where should investors look to put their money? Mike Holland, chairman of Holland & Company and Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates shared their insights.
Stocks ended lower Wednesday, led by energy and industrials, after Moody's put Portugal's debt rating on review.
Stocks remained lower in mid-afternoon Wednesday, led by energy and industrials, after the Dow briefly popped into positive territory. Markets remained skittish after Moody's put Portugal's debt rating on review.
Today marks another month end as the U.S. Major Indexes are on track to their third successive month of gains with the Dow and the S&P up five April months in a row.
The spectacle of Goldman Sachs executives being grilled before a Senate committee—and the potential bite of regulatory reform—could keep pressure on financial stocks.
The Dow erased nearly all of its gains Monday, dragged down by the financial sector amid worries about financial reform. Caterpillar led the Dow's gainers, up more than 4 percent.
Better corporate profits and economic news could keep the market humming, as long as the slow fuse on the Greek debt situation doesn't end with a bang.
The Dow pulled off an eighth straight week of gains. It was a straight flush this week, with the Dow ending higher in five of five sessions this week, for a total gain of 1.7 percent.
Stocks erased their gains Friday as Microsoft, Travelers and Verizon weighed on the Dow after disappointing investors with their latest results.
What follows is a roundup of corporate earnings reports for Friday 23, 2010.
U.S. stock index futures turned slightly lower before the open Friday as the Greek Prime Minister requested aid from the International Monetary Fund and European Union.
Twin disappointments from Amazon.com and Microsoft could put a dent in tech Friday. Markets will monitor Greece, which continues to deteriorate.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.
Stocks bounced off a lower open on Thursday after a pair of solid manufacturing reports and a rally in banks. Where should investors look to put their money? Frederic Dickson, chief market strategist at D.A. Davidson, and Carlo Panaccione, founder of Navigation Group, shared their insights.
Crude oil will hit $100 a barrel while gold will reach $1,500 an ounce by the end of this year, said Byron Wien, vice chairman of Blackstone Advisory Services.
Treasury Secretary Timothy Geithner said focusing on cutting the budget deficit now would jeopardize economic growth at a time when jobs are starting to be created, but even if that occurs, the unemployment rate will stay high for "a long period of time." Bruce Kasman, chief U.S. economist at JPMorgan, discussed his views.
Where are the crowds right now and should investors stay away or join them? Nicholas Colas, chief market strategist at ConvergEx discussed his views.
At least one barometer of future movements for the overall market started to breakdown this week.