As the Fed meets and earnings news rains down, the big question in the week ahead is whether the S&P 500 can manage a break out.» Read More
Slowing economic growth and rising oil prices pushed The Dow lower Thursday. What's the word on the Street?
Big Blue saves the day for stocks, oil hits a new record, Google stumbles and more of the day's news in the Word on the Street.
The Dow saw a decline after new economic data seemed to raise concerns about a sharp economic slowdown and the possibility of recession. What's the word on the Street?
In Wednesday’s Web Extra, Guy Adami reveals why he doesn’t like gold as an inflation trade. Also how to trade Western Digital.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Hitachi, Japan's biggest electronics conglomerate, is considering selling a stake in its hard disk drive arm to a strategic investor to help it turn the loss-making business around, sources close to the matter said.
Could a new pharmaceutical partnership be the best way to trade the rise in diabetes? In Thursday’s Web.Extra the traders reveal how to play the latest news. Also get their trades on hard drive behemoths Western Digital and Seagate.
Stocks closed sharply higher on expectations the Fed will ease next week, while strong sales from McDonald's helped to boost the Dow."I think what you're seeing is people looking past the Fed's decision," said Doug Altabef, managing director at Matrix Asset Advisors. "They're anticipating some easing and starting to focus on the half-full glass. "
Western Digital, the world's second largest computer disk-drive maker, boosted its fiscal first-quarter earnings and revenue forecast on Monday due to improved demand, pricing and product mix. Shares rose sharply following the increased guidance.
I attended a meeting of about twenty-five hedge fund traders last night. These informal gatherings are fairly common on the Street; they're often sponsored by sell-side trading houses. Usually, it's a discussion on long and short positions of the various traders.
Earnings remain the focus of traders going into the weekend, but analysts say the potential impact of rising crude oil and subprime troubles will also be on the minds of traders. Today is also an options expiration Friday.
Western Digital is moving to acquire one of its last rivals in the U.S. hard disk drive industry, Komag, with a cash deal worth around $1 billion, the two companies said Thursday.
Hey everyone. Here's a quick look at Seagate-a stock some of you hold (especially some celebs in Trading With The Stars) as discussed on CNBC-TV today. Anchor Erin Burnett talked with the president and CEO of Seagate--William Watkins--after the company released a "bad" earnings report. The company's net income was down a whopping 22.6% and EPS fell 4 cents below estimates.