The company said it had raised its offer to a 7.5 percent wage increase and the proposal was its "last, best and final offer." » Read More
Stocks eked out a gain Monday as banks got a boost from a jump in new-home sales. Stocks had struggled for much of the day as investors worried about a a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
The Dow poked into positive territory Monday afternoon, led by Bank of America, as a jump in new-home sales buoyed bank stocks. Still, the blue-chip index struggled to stay above water as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market.
Verizon's profit beat expectations by one penny in the second quarter, with revenue and number of wireless customers rising. Craig Moffett, senior analyst at Sanford C. Bernstein shared his insight on the company’s numbers.
Verizon, the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues.
With nearly 150 more companies due to flood the Street with earnings the bulls appear to be getting a little tired. Is this the pause that refreshes or are investors growing concerned?
Stocks slipped Monday as worries about a record $200 billion in Treasury auctions this week and lowered outlooks from Honeywell and Aetna cast a shadow over the market. In the meantime, new-home sales rose 11 percent to an annual rate of 384,000 in June, well above the 360,000 economists had expected. Read and listen to what the pros had to say...
The stock rally turned tepid Monday as earnings news receded and traders lost their initial enthusiasm from strong new-home sales. Art Cashin, director of floor operation at UBS Financial Services, offered CNBC his stock-market insights — and projections through the autumn.
Corning stock softened in early morning trading despite reporting better-than-expected second-quarter earnings on Monday.
Stocks got a quick pop Monday after a sharp jump in new home sales, but quickly resumed their decline as lowered outlooks from Honeywell and Aetna cast a shadow over the market.
While the public is continuing to obsess over the generally better than expected earnings and the two-week, 100 point rise in the S&P 500 (11 percent), stock traders are nervously eyeing the $200 billion in new Treasury debt that is coming this week.
Stock index futures edged higher ahead of the open Monday as investors look to see if the summer rally will keep pushing the major indexes higher.
Why Palm is goading Apple is beyond me. I get the argument that all publicity is good publicity and that Palm, as a scrappy upstart is trying to keep this war alive because we all keep writing about it, and it keeps Palm's name, and more importantly the Pre, front and center in the public's eye. But really, do you want to be known as an also-ran? Is that somehow OK?
For the past 14 years I have traveled worldwide helping businesses of every imaginable size and in dozens of different industries focus on the most important factors for business success. What I have discovered along the way is that business is much less complex than I thought it was, writes author John Spence.
How can investors prepare their portfolios for the long term? Jon Fisher, portfolio manager at Fifth Third Asset Management, and Joseph Keating, CIO of private asset management at RBC Bank, shared their strategies.
CNBC Contributor David Pogue looks at all the things Congress should be doing to fix the cellphone industry.
Plus, Cramer makes the call on Harley-Davidson, Frontline and more.
Bear? What bear? Yes, the Bull seems to be running strong in the markets this week. The S&P 500 recording its best weekly gain since March. The Nasdaq putting up 8 straight days of gains.
Will a bet on the past keep this company in business? Cramer went to the CEO to find out.
The Wall Street vet has high hopes for housing, but Cramer isn’t so sure about the call.
Here’s how the president can put us back on track.