A quiet range-bound day ended in the red in the last half hour of trading. What happened? Don't kid yourself--trading was execrable all day: there were almost no bids on the floor. Big names like IBM and Alcoa all dropped in the last half hour.
Goldman Sachs may be the canary in the coal mine. And it looks like it’s breaking support. What must you know to trade this market?
With BofA announcing plans to replay TARP and and sell $18.8 billion in preferred stock, how should you game this stock?
CNBC’s Charlie Gasparino tells the desk that Bank of America is going to repay $45 billion and get out of the TARP program.
We asked you to vote on the big winners and losers of 2009. In the results of our poll—100,000 votes were cast—there were a few close votes, some decidedly one-sided ones and a couple surprise outcomes. And, there were a handful of big losers and big winners.
Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren't doing enough to help borrowers at risk of losing their homes.
Every bull market owes its success to a select group of stocks and sectors at the forefront of the move. Owning them is a great path to profits. Here’s how it’s done.
A week's worth of economic reports has been crunched into just three days this week, and Wednesday has its share of significant data, which include jobless claims, durable goods and consumer sentiment.
Stocks closed lower after revised government data showed the economy grew at a slower-than-expected pace in the third quarter. How should you be positioned, now?
Has the financial sector stabilized—and if so, how can investors put their money to work? Jeffery Harte, managing director in equity research at Sandler O’Neill, and David Trone, managing director at Fox-Pitt, Kelton, discussed their outlook for the banks.
Despite the negative spin, there’s reason to feel good about this sector. Plus, his favorite stock in the group.
In what appears to be a bet consumers will stick with discount retailers even after the economy rebounds, Warren Buffett's Berkshire Hathaway increased its Wal-Mart holdings by almost 90 percent during the summer. It added almost 18 million shares, currently worth almost $1 billion, in the third quarter.
Warren Buffett tells CNBC that Berkshire Hathaway hasn't added to its stock holdings of American Express "in years." That's in response to a statement made by biographer Alice Schroeder in the just-published paperback edition of The Snowball.
Green or sustainability is now such a broad and deep subject, so multi-dimensional, that even the most aware and informed have trouble keeping up. At the same time, some still don't get it, and in that way green is a bit fuzzy. There's nothing fuzzy about carbon, however. It's as old as the world as we know it and the core of our energy supply.
And what it means for housing. Plus, get calls on the banks, alternative energy and more.
How can you make money on these new announcements? The Fast Money traders have some profitable plays for your portfolio.
Some 650,000 borrowers have thus far received a trial loan modification under the Obama administration plan.
Alice Schroeder's authorized biography of Warren Buffett is now available in a trade paperback edition. In an "updated and condensed" version of The Snowball: Warren Buffett and the Business of Life, Schroeder adds a new 31-page chapter covering events after the hardcover's publication last year. She candidly describes how Buffett made a "series of characteristic brilliant moves interspersed with some surprising errors" as the financial crisis unfolded. With thanks to Bantam and Random House, here is an excerpt from Schroeder's new material.
Don’t get left behind.
In some cases, the difference between a winner and loser is often in the eye of the beholder--who can be a victim or a beneficiary--or simply a political ideologue. That’s why we want readers to weigh in and vote on a variety of people and concepts. We’ll report back with results and rankings on December 1.