Happy Tuesday. Looks like some white stuff is on the way for Wall Street, so we're just going to snuggle up with a morning six-pack.» Read More
Mergers and acquisitions dominated headlines during the week as the S&P 500 ended above 1,500 for the first time in more than seven years and came within striking distance of an all-time high of 1,527 set in March 2000. "Merger activity is one of the things that's driving the strength in this market," said Ted Weisberg, president of Seaport Securities.
Stocks wrapped up another record week as potential merger deals pushed the major markets higher. "The market responded very well this week to the raft of mergers and acquisitions announcements and private equity deals," said Quincy Krosby, chief investment strategist at The Hartford.
Merger talks between Microsoft and Yahoo have reportedly broken down and are more likely lead to a cooperative effort of sorts, if they lead to anything at all, according to recent media reports.
Media stocks are cheap, so some big players in the industry are saying “Let’s make a deal.” This week's flurry of potential media mergers includes such heavyweights as News Corp., Dow Jones, Reuters and Thomson. Analysts say that the main driver behind the proposed combinations is that media stocks are relatively cheap, making companies ripe for picking.
Reuters received a takeover approach by a third party, but wouldn't say who. Those in the know say its Thomson group, the financial news company that aggregates information, like which analysts cover which company -- a service that we here at CNBC use quite often.
Merger and acquisition activity is on a roll, but is it really what’s driving the market bulls? Brent McQuiston, Wealth Trust Arizona vice president, and Sam Stovall, Standard & Poor’s chief investment strategist, shared their insights on “Morning Call.”
Yahoo is to buy the rest of Right Media for about $680 million, in a move to boost the reach of Yahoo's advertising to social network sites, which marketers have struggled to reach.
Stocks are barely budging ahead of the open today as traders wade through a few earnings reports and look to personal income and spending data, construction spending and the Chicago purchasing managers reports. European markets are higher, while oil is trading slightly lower.
Can earnings guidance be trusted? Firms as disparate as Caterpillar, Cummins, Yahoo! and Research in Motion all beat first-quarter earnings expectations. David Dropsey, equity research analyst at Thomson Financial, and Dirk van Dijk, director of research at Zacks Investment Research, each gave "Power Lunch" viewers their perspectives on the apparent data gap.
Amazon.com said its quarterly net profit more than doubled and raised its earnings and sales outlook for the year, sending its shares up over 10% after hours. The company also posted a slight rise in operating margins, allaying some investors' worries about declining margins amid increased investment spending at the company.
Do you know someone at Google? Make sure they're buying lunch today. Or dinner tonight. A day after the company crushes estimates, pundits and prognosticators are firing up their crystal balls and trying to get a beat on what's coming next from the internet search giant. The numbers from the company are simply staggering. I said on the air last night that Google may have been swinging for the fences, but the ball sailed into the parking lot and smashed a car's windshield.
Christa Quarles, an analyst at Thomas Wiesel Partners, told CNBC’s “Squawk on the Street” that Google’s strong domestic and international growth suggest that the search giant will continue to dominate the Internet.
Henry Kravis, founding partner of Kohlberg Kravis Roberts, didn't want the cameras to be rolling on his speech at the Committee of 100's "Bridge to Change" conference yesterday. But we were taking notes, on some very interesting comments not just about private equity in China, but about what he calls "the golden age" of private equity globally.
Hey everyone. Guest blogger James Altucher is back with his latest stock pick for the contest. Here it is with his reasons: Coming up with stocks good enough for the CNBC is brutal. You have to come up with stocks that are: good companies or at least have the perception of being good companies even if they are going through short-term problems, and..
The big week in Internet earnings reaches a crescendo this afternoon when Google reports earnings. These numbers come at a fascinating time in the company's history.Google has become a kind of financial underdog, compared to other big names in the sector, including Yahoo, which is still licking its wounds, and eBay, which is enjoying its second beat-and-raise quarter in a row. A strange position to be in for a company trading at nearly $500 a share.
Here's the latest on what you're doing with stocks for the contest--and what they're doing to you!! It's pretty much dominated by earnings news, both good (LLTC) and bad (YHOO, ESLR). The most active and widely held lists remain the same. And a stock we took a closer look at yesterday, Seagate, had an impact on another stock--and not for the best. Here's the breakdown...
You don't get on the Wall of Shame because Cramer dislikes the cut of your jib - you have to earn it.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.
The Dow closed at a new record as blue chip stocks were boosted by upside earnings reports, but stocks ended mixed after two notable tech names disappointed investors. JP Morgan Chase added positive momentum to the financial sector, closing at a new high after the bank reported first-quarter earnings growth of 55%.
The chief financial officer of Internet media company Yahoo! expressed confidence in the company's new online advertising system Panama, despite investors' disappointment with the Internet media company's first-quarter earnings report.
Stocks are heading for a lower opening as some weak tech earnings worry investors. The dollar continues to fall against major currencies. Asian markets were higher overnight, but European stocks are lower. There are no big data items today but earnings could sway direction.