Warren Buffett's Berkshire Hathaway dramatically cut its stakes last fall in two of the nation's biggest oil companies. It also significantly reduced its holdings of Procter & Gamble and Johnson & Johnson.
With the Senate another step closer to a Wall Street crackdown, how should you trade banks?
The list of the biggest earners in finance usually reads like a Who’s Who of Wall Street. But these days, it reads more like a Who’s That? The New York Times explains.
With criminals growing increasingly sophisticated and organized, identity fraud is once again on the rise, according to a survey released by Javelin Strategy & Research.
The great unwind in financials continues. It's a strange day for traders in financials, but look beneath the surface and it definitely looks like traders are unwinding positions...both long and short positions.
Once again, a bonus at Goldman Sachs has all of Wall Street talking — only this time, over how small it is.
Now is a good time for investors to be overweight the health care and big financial sectors, said Doug Sandler, co-founder of Riverfront Investment Group. He shared his sector picks and pans.
Markets traded lower on Wednesday, following a two-day rally that sent stocks up more than 2 percent. Should investors look to buy on the dips? Jack Ablin, executive VP and CIO of Harris Private Bank, and Jay Bowen, president of Bowen Hanes, shared their insights.
Wall Street is waiting for more information since President Obama’s proposed curbs on how banks with insured deposits invest their own capital. Are the banks taking on too much risk? Michael Pento, senior market strategist at Delta Global Advisors, and Christopher Whalen, senior vice president and managing director at Institutional Risk Analytics, shared their insights.
The Mad Money host explains Monday's rally.
In the aftermath of the financial crisis, how are the brand values of the world’s major banks holding up? The latest report from independent consulting firm Brand Finance sounds an optimistic note — especially for HSBC, which has retained the top spot for the third year in a row. David Haigh, CEO of Brand Finance, shared his findings with CNBC.
Considering the Citigroup CEO just told CNBC “profitability is not a concern on any long term basis," how should you trade Citi?
The bulls took control of key stocks Monday. Do these gains signal the end of the market’s move lower?
The CBOE Volatility Index (VIX) jumped on Friday. What does it mean for the markets going forward? Brent Wilsey, president of Wilsey Asset Management, and Alan Valdes, vice president of Kabrik Trading, shared their best investment ideas.
Investors who want to make money in this environment should be buying a different kind of bank, the Mad Money host says.
There are two themes so far in this earnings season: Very good results from the technology sector; and huge variability in banks' results along with the "high volumes of writeoffs," noted Bob Parker, vice chairman at Credit Suisse Asset Management.
The stocks of the credit crisis’ worst players have zoomed, but responsible lenders like Hudson City see their shares stall. Cramer asks the CEO to explain.
Warren Buffett was interviewed live this morning (Wednesday) on CNBC's Squawk Box, ahead of a special Berkshire Hathaway shareholders meeting to approve the company's proposed Class B stock split. This is the third part of an unofficial transcript of the entire one-hour interview conducted by Becky Quick. In this section, Buffett discusses his unhappiness with Kraft's deal to acquire Cadbury.
Stocks ended off earlier lows but still lost more than 1 percent Wednesday as China, earnings and the dollar's gains clipped the market's momentum after Tuesday's rally.
When a company spends millions to put their company name on a major stadium, controversy often follows as the value of such an expenditure is difficult to track.