The Dow will fail to crack 19K next year as earnings growth becomes muted and rising interest rates cap multiple expansion, analyst Hugh Johnson says.» Read More
Ford, Chemed, NYSE Euronext, Syneron Medical and more...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.
Countrywide Financial, the largest U.S. mortgage lender, plans to add 2,000 sales jobs this year as a housing slowdown batters weaker rivals, Chief Executive Angelo Mozilo said on Monday.
Economic data could continue to make the markets fluctuate, but many analysts say liquidity will ultimately keep the rally going. Money managers expect the market will have pullbacks in the near-term, but many say the overall trend remains bullish.
Achieving the American dream of home ownership has never been as simple as just paying for the house itself. There are always the closings costs to pay for, too.
Wells Fargo agreed to buy Greater Bay Bancorp Friday for about $1.5 billion in stock.
It was an extra-long Lightning Round today. That means more callers, more genius from Cramer and more strategies for Home Gamers. 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.
Several large U.S. banks reported slowing profit growth on Tuesday amid struggles with interest-rate pressures and rising loan losses, including from mortgages. Wells Fargo, the fifth-largest U.S. bank, bucked the trend, boosting profit 11% despite its large exposure to the struggling mortgage sector.
Wells Fargo reported a first-quarter profit a penny ahead of expectations Tuesday as strength in its community and wholesale banking businesses drove sales higher.
New York Attorney General Andrew Cuomo's office expanded a sweeping investigation into the student loan industry with subpoenas and information requests to 13 more lenders, including some of the largest U.S. banks. Among them: Bank of America; Citizens Financial Group, a unit of Royal Bank of Scotland; JPMorgan Chase; National City; PNC Financial Services Group; Regions Financial; SunTrust Banks; US Bancorp; Wachovia and Wells Fargo. Cuomo's office also sent inquiries to three closely-held student lenders: Access Group, College Loan Corp. and EdFinancial Services.
It’s Friday, and that means it’s time to huddle up for Cramer’s plays for next week. 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.
New speculation puts the Citigroup (C) firings at a possible 45,000 - that's 14% of the world's largest financial institution's workforce. Is a move of this magnitude enough to jump start a stock that's gone nowhere in seven years, or will CEO Chuck Prince find himself on the chopping block?
Charles Crane, managing member of Scotsman Capital Management, told CNBC’s “Squawk on the Street” that investors should look past current market turmoil and go long in solid stocks.“Market turbulence such as we’ve been witnessing for the past several weeks is typically characterized by a lot of anxiety, often born of some fundamental events such as the sub-prime worries that are cascading through the economy,” Crane said Wednesday.
Apple’s Co-Founder and Chief Executive Steve Jobs is the “ultimate CEO who matters,” according to a ranking by Barron’s magazine. The annual ranking of top CEOs from around the world seeks to identify the corporate leaders who have top-notch reputations in the financial community and would be missed by investors if they unexpectedly left their jobs.
Fears that turbulence in the high-risk mortgage market would spread eased on Wednesday after two lenders managed to secure enough money to stay afloat. "That consolidation effort makes it less of a contagion," said Mark Ficke, head of U.S. government bond trading at BNP Paribas.
New Century Financial's shares fell to an eight-year low on Friday, after analysts said the largest independent U.S. subprime mortgage lender, which faces a criminal probe and has stopped making new loans, may soon seek bankruptcy protection.
Mark from Indiana asks about gold and silver. He wants to know what Eric Bolling thinks about the copper producers and in particular Freeport-McMoRan (FCX) after they complete the Phelps Dodge (PD) merger. Eric says...
If there’s one thing that Cramer has learned from spending years and years at a trading desk, it is that rumors – more often than truths – drive bad markets. But overextended rumors can portend a rally, just like the one we had today. Here’s how you play the game so you don’t get played.
Ted Parrish says investor risk hasn't really increased -- merely the "perception" of it. So the co-portfolio manager at Henssler Equity Fund says the key to riding the volatility wave is understanding that risk perception -- and hunting for perceived "stability."
It's fitting that billionaire investor Warren Buffet is from Nebraska, a state known for the slogan, "The Good Life."