Restrictions against some firms stemmed from foreclosures that had not actually been reviewed before signing.» Read More
Futures actually moved up at 8:30 ET, despite PPI much stronger than anticipated (core PPI was in-line, apparently because car and truck prices were dropping; the NY Empire State Index was stronger than expected).
The drop on Wall Street was modest considering Wachovia's massive loss. Also, Crocs earnings, airline M&A and much more.
A steady stream of downbeat news seemed to leave the market unmoved for most of the week -- until the bluest of the blue chips, General Electric, posted first-quarter earnings that missed Wall Street expectations by seven cents per share, and lowered its full-year guidance.
A double helping of economic data and first-quarter earnings reports will flood the zone next week, but it's the corporate earnings that will drive stocks and give a better picture of where the economy is going. If GE's bombshell earnings miss is an indicator, the news will be as nasty as traders expect.
First Alcoa, then GE missed earnings. This is a rare occurrence, and as a result the Street is changing its mindset. They are expecting more conservative guidance, and looking for places where negative surprises might pop up.
Citigroup is expected to report another big quarterly loss on April 18, but the actual numbers may be almost secondary.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Is Dan Genter playing with fire? The president, chief executive and chief investment officer of RNC Genter Capital Management finds promising stocks -- in the financial and consumer discretionary sectors.
Where should you put your money in this market? Some of the pros interviewed on CNBC Tuesday like mega caps, regional banks and--yes--garbage.
"We anticipate that there are going to be a number of bank failures," Cassidy said.
Money-center banks appear to be outperforming the brokers. Is there a trade here?
The problem? He was the joke. Plus, Wells Fargo, Starbucks and more.
Forget the free market. With the Fed offering cheap money and putting up its monster balance sheet, we’re looking at a brave new world on Wall Street. How do you trade this unprecedented era of Fed intervention?
Cramer makes the call on viewers' favorite stocks.
Trading was remarkably calm Monday, as investors digested the news that JPMorgan Chase & Co. is buying investment house Bear Stearns. What's the word on the Street?
Enthusiasm for the Federal Reserve's actions to stem the credit crunch propelled the Dow Jones Industrial Average to a higher close Monday, a day when everyone expected a rout due to weekend fire sale of Bear Stearns.
A fire sale of Bear Stearns stunned Wall Street and pummeled global financial stocks on Monday on fears that few banks are safe from deepening market turmoil.
Ron Sloan is surveying the wreckage in the financial sector, and spotting some opportunities for investors.
The Dow dipped slightly in choppy trading, just one day after a the Fed’s historic plan to pump liquidity into distressed financial markets triggered a huge rally. What's the word on the Street?
Stocks tumbled for a second consecutive session after the government's February jobs report revealed employers slashed payrolls last month. What's the word on the Street? Also hear from esteemed investor Dennis Gartman!