The project could cost up to $3B and include improvements like bringing natural light into the congested maze underneath Madison Square Garden. » Read More
Stocks trimmed gains, but remained significantly higher, as techs and materials lifted the market as investors awaited a handful of major earnings from the sector later this week. Alcoa and IBM rose, while BofA fell.
Stocks extended modest gains as tech stocks rose and lifted the Nasdaq for the first time in several sessions. Alcoa and IBM rose, while BofA fell.
U.S. stock futures traded flat to slightly higher at the start of a week featuring dozens of major earnings reports, as well as a Federal Reserve statement and a slew of macroeconomic data.
J.C. Penney plans to give board seats to the hedge fund Pershing Square Capital Management and Vornado Realty Trust, months after the two investors purchased big stakes in the retailer, people with direct knowledge of the matter told DealBook on Sunday, the New York Times reports.
Bill Ackman, the activist investor whose Pershing Square Capital took a 16.5 percent ownership stake in J.C. Penney last fall, has not been pushing JCP to broadly pursue a transaction to create value, but rather has been engaged with the company in conversations about how it can improve its operations, according to sources.
We have the Fed committed to QE2 (quantitative easing) through the second quarter of 2011, and now we have a few early indications of an improving economy. This is good news — but it makes the QE2 trade a little more tricky.
J.C. Penney has put in a poison pill that prevents any other shareholder of exceeding a 10 percent stake in the company.
A confluence of economic and market conditions make them an excellent option for diversifying a portfolio: low interest rates, a strong potential for inflation, lots of available capital and real estate bargains.
Bill Ackman, the noted activist investor with a noticeably mixed track record when it comes to investing in retail is at it again.
Following are the moves you might have missed. Find out why shares of Ralph Lauren and JA Solar popped while Vornado and AK Steel dropped.
U.S. mortgage applications inched higher this month, the Dow Jones real estate index rose 114 percent since the 2009 March lows and foreclosure filings rose 6 percent in February from a year ago, the smallest increase in four years. Is the real estate sector the place to invest again? Jay Leupp, senior portfolio manager at Grubb & Ellis, and Paul Curbo, portfolio manager at Invesco AIM, discussed their sector insights.
How could these stocks perform so well if the bubble was about to burst? Cramer talks to the CEO of a major industry player.
Moody’s real commercial property price index showed an uptick of 4.1 percent in December. Is this a sign that commercial real estate market has bottomed? Harvey Green, president and CEO of Marcus & Millichap Real Estate Investment Services, shared his sector outlook.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 23.
Earnings strength and an improving economy could propel stocks 10 to 15 percent in another burst higher, yet that gain is unlikely to be sustained through the balance of the year, according to Citigroup chief equities strategist Tobias Levkovich.
Simon Property Group bid for General Growth: a BIG DEAL. How big? Too big to pass up. A once in a lifetime opportunity to buy high-quality assets.
This stock yields more than Treasurys, and it could offer tremendous upside if the market rebounds.
Ever wonder why some of the economy’s biggest successes are painted as failures? Let Cramer explain.
Continued signs of stabilization in the market, from a reversal of falling home price to a tightening in credit spreads, have analysts optimistic about the builders' future. No wonder the sector is hot.
Oil is down on demand fears yet transports are higher on promising signs of a global recovery. What's the market telling us?