U.S. stocks rose on Tuesday, building on gains after CPI rose in June, with sentiment also stabilized by encouraging earnings reports.» Read More
Retail isn’t looking all that good these days, Cramer says. So he wants you playing defense, and he wants you to start now. Tonight, he’s offering up three telecommunications plays, classic market defense, to try to keep you making money while other stocks falter. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Qwest Communications International said Tuesday first-quarter earnings rose sharply, helped by expanding margins, stronger data revenue, and an increase in high-speed Internet subscribers.
Stocks ended at session lows on Monday following a late flurry of selling due to weakness in tech stocks, but the Dow ended the month with the biggest gains since December 2003. "We've been making money in the last six weeks, so I do think we need a timeout," said Al Goldman, chief market strategist at A.G. Edwards.
Verizon Communications reported strong growth in wireless and Internet subscribers in the first quarter, though net profit fell from the sale of a directories unit and South American businesses.
Stocks are barely budging ahead of the open today as traders wade through a few earnings reports and look to personal income and spending data, construction spending and the Chicago purchasing managers reports. European markets are higher, while oil is trading slightly lower.
Here's our contest "stock report" on what you're buying and selling and well with. Best and worst performers are being doming by earnings news. And Vonage got quite a boost yesterday, from the news of a court ruling in it's favor--in it's attempt to sign up new customers while it fights a patent suit from Verizon. We reported that in the blog yesterday. So Vonage ended up in best performer, most active and widely held--a trifecta for sure.
Internet phone company Vonage Holdings said a federal appeals court issued a permanent stay of a previous court's injunction that would have barred it from signing up new customers.
Hey folks. Since Vonage is in the contest lists of both most active and widely held stocks, here's some news about the telecom company you might find interesting. Vonage can now sign up new customers after a court ruled today, against an injunction that prevented Vonage from doing just that. The injunction stemmed from a patent case with Verizon.
nternet phone service provider Vonage Holdings, which was found to have infringed on three patents owned by Verizon Communications by a U.S. court, said its legal woes could lead to bankruptcy, according to a regulatory filing.
Internet phone company Vonage Holdings said its CEO resigned effective today. Vonage plans to reduce its general administrative expenses by $30 million through the rest of 2007 by cutting its workforce by 10% and consolidating operations.
Vonage customers could see service disruptions should the Internet-phone service provider’s patent problems escalate, CNBC’s Jim Goldman reports.Vonage has said in the past that it has a technological “workaround” in place that would continue service while not infringing on Verizon’s patents, Goldman said, but that no longer seems to be the case. The company, which has some three million customers, said it’s still working on its workaround.
Sometimes the best way to reinvigorate your love for investing is to gamble on a few speculative stocks. Tonight, Cramer shares three ponies he thinks are ready to run.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Frank from Atlanta asks about platinum and wonders if this precious metal is going higher? Then, Otis from Indiana asks about buying stock in the hedge fund industry. Specifically, he wonders if Fortress Investment Group (FIG) is a buy...
Whose story is it, anyway? By now, you may have been able to fathom that the primary function of the Breaking News Desk is to deal with -- yes, you guessed it -- breaking news. I once had a calculus teacher who, when he thought he’d made some complicated concept crystal-clear, would say, “So, the question becomes, what color is the little red schoolhouse?” Unlike the world of higher mathematics, the little schoolhouse isn’t always red at CNBC, and the Breaking News Desk doesn’t always deal with “oh-my-gosh-get-it-on-NOW!” types of stories...
A U.S. federal appeals court on Tuesday set April 24 for hearing oral arguments on Vonage Holdings' request for a stay while it appeals a finding it infringed Verizon Communications patents.
Stocks closed mixed on Monday after a modest follow through rally from Friday's strong jobs numbers quickly fizzled as investors looked ahead to quarterly earnings season. "I think with the next few days we're in a holding pattern waiting for earnings to appear," said Zachary Karabell, portfolio manager at Fred Alger Management.
The AFL-CIO, the largest U.S. union federation, is targeting Verizon Communications in a campaign against high executive pay, and will vote against the company's compensation committee at the company's May 3 annual meeting.
Shares in Vonage fell as much as 11% on Monday after a judge said it could not add new customers due to a finding that it infringed Verizon Communications' patents for making phone calls over the Internet.
Vonage Holdings said on Friday the company will be able to continue making full use of Verizon Communications patents for making phone calls over the Internet after winning temporary relief from an appeals court.
Folks, here are some great stats from out contest trackers that I know you will want to have: analysis of the 313 Transactions within the top 20 leading portfolios by dollar value from the close of Thursday, 3/15 through the close of Thursday, 3/28 shows some sector rotation. Whereas in the first run from 3/2 - 3/14, retail stocks were by far the most actively traded..