Stocks turned mixed Tuesday after the banks approved to repay TARP loans were named. But tech stocks held onto their gains after Texas Instruments raised its earnings and revenue targets for the second quarter.
Bank stocks might be volatile, but investors should be exposed to them right now, said David George, senior research analyst at Robert W. Baird.
The panel overseeing the TARP recommends running again the stress tests on US banks, as economic conditions have worsened, its chair, Harvard University professor Elizabeth Warren, told CNBC.
A report by the Congressional Oversight Panel says the Obama administration's program to test the financial health of the nation's biggest banks was "constructive" but also raises "serious qustions."
Cramer makes the call on viewers' favorite stocks.
Stocks were two for two for June, notching another gain Thursday as investors were encouraged by the sharpest jump in pending-home sales in 7 1/2 years. But financials sat this one out following a new round of stock offerings.
April pending home sales of existing homes - which measures contract signings--stronger than expect - April, up 6.7 percent, much better than expectations of a gain of 0.5 percent.
Stocks soared Monday as investors were encouraged by economic reports out of China and the U.S. and breathed a sigh of relief that General Motors finally filed for bankruptcy protection.
Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May. Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.
Stocks made another break higher Friday as investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell shot out of the gate after beating its earnings target but other techs were slow to follow. GM fell below $1.
Are you smarter than a fifth grader? If you’re talking about the stock market, probably not.
Stocks wobbled Friday as investors were encouraged by a jump in consumer sentiment less-bad GDP report but still remained a bit jittery. Dell shot out of the gate after beating its earnings target but other techs were slow to follow. GM fell below $1.
President Barack Obama is trying to remake the government’s lending program by eliminating the middle man, which will mean funding for students.
When the current credit crisis was at its worst, even financially solid companies could not get short-term financing. Banks did not trust one another, and trade financing dried up. One result was a collapse in inventories, as imports sagged even more than final demand.
With big banks gaining a whopping 48% on average over the last few months – how should you game the financials?
We buy companies at deep discounts and hold them for a long time, said Wallace Weitz, president of Wallace R. Weitz & Company.
Yesterday, we ran a poll to see which company should replace GM in the Dow if it goes bankrupt. With over 5,000 votes cast, there are some interesting observations and comments that came in from our readers. Here's what they had to say.
Big U.S. banks are “definitely out of the woods,” but smaller community banks are still facing difficulty, said Dick Bove, financial strategist of Rochdale Securities.
Stocks got a quick pop Wednesday after a report showed existing-home sales rose in April but quickly retreated as the previous day's optimism faded and GM stirred anxiety in the market. But tech stocks gained, sending the Nasdaq into positive territory.
As June 1 looms closer, the likelihood of General Motors declaring bankruptcy seems more real. If that is the case, which company might succeed GM as the next component of the Dow Jones Industrial Average?