Energy companies could be most exposed to the effects of a Brexit, said Brian Jacobsen, chief portfolio strategist at Wells Fargo Funds Management. » Read More
John Stumpf tells Cramer why his banks seems to be doing well despite this tough market.
WaMu, Wells Fargo play hardball with mortgage debtors -- Is this how to solve the housing crisis?! Also: California foreclosures DROPPING!
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Warren Buffett's Berkshire Hathaway has added a new stake in NRG Energy, according to a just-released portfolio 'snapshot' of its holdings in U.S. publicly-traded stocks as of June 30. A sharply reduced stake in Anheuser-Busch may have been a bet that InBev's initially unsolicited offer for the U.S. brewer would prove to be unsuccessful. Conoco-Phillips data is kept "confidential."
The Dow declined by triple digits on Wednesday with financial shares selling off for a second straight day on fresh concerns about the widening impact of the mortgage crisis.
A year after financial tremors first shook Wall Street, a crucial artery of modern money management remains broken. And until that conduit is fixed or replaced, borrowers will see interest rates continue to rise even as availability worsens for home mortgages, student loans, auto loans and commercial mortgages, says the New York Times.
The rapid slide in commodities prices is fueling the runup in stocks. But market pros think the switch might be short-lived.
With commodity prices coming down, many parts of the market can start their return ascent.
Berkshire Hathaway's second quarter earnings release shows operating profits are down as the insurance industry suffers. Berkshire's long-term potential profits from the stocks it holds are down even more as Wall Street struggled in the first half of the year.
Will recent legislation save the struggling housing market? HUD Secretary Steve Preston, Wells Fargo VP Mary Coffin and Nobel Prize-winning economist Joseph Stiglitz weigh in.
Warren Buffett is perhaps the biggest Wall Street whale of them all. But big bets on struggling financials have contributed to a nearly 25% decline in shares of Berkshire Hathaway. Has this whale been beached?
Cramer means it when he says it. Our great national nightmare is over.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks declined Monday, led by financials after two more banks folded. Oil ticked higher after three straight weeks of decline, clipping consumer-discretionary stocks, including homebuilders, airlines and retailers.
At least not the kind we need right now, Cramer says. Here's why.
More banks are likely to fail before the financial sector recovers, creating a cautionary environment for investors and consumers.
Treasury Secretary Henry Paulson said the nation's four biggest banks were ready to kick-start a market for covered bonds that could help significantly expand home mortgage financing.
No doubt the financials are a volatile sector right now. Here's how we recommend you play it.
Durable goods advanced .8% when expectations were for much less. Without the highly volatile transportation figures, the number was even better at a +2% reading. New home sales were better than hoped for at a 530,000 rate and the prior month was revised upwards.
The housing report was not so far off the expected and was not nearly as bad as it was treated. We declined because we are in a bear market.