Fannie Mae up 6 percent pre-open as the House overwhelmingly passed the housing bill. It will get new regulators for Fannie and Freddie, and authorizes the federal government to potentially invest billions in the two companies.    Read More

Oil's move to a six-week low has been cheering the stock market, but the question is for how long?    Read More

Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.   Read More

It’s hard not to notice that all the recent M&A activity included some pretty hefty premiums. Like the title says, if they're buying should you?   Read More

For the week ending Friday, July 11, 2008, the U.S. markets finished in bear market territory with the Dow dipping below 11,000 during intraday for the first time in 2 years.    Read More

To give you an idea of how much trading went on today, Freddie Mac traded nearly 400 million shares--nearly two-thirds of the entire 646 million share float. Markets rose briefly in the middle of the day as Reuters reported that Fed Chairman Bernanke would open the Fed's discount window to Fannie and Freddie...    Read More

The Dow finished higher on Thursday propelled by optimism about a major deal in the chemicals sector and comments from Ben Bernanke. What's the "Word on the Street?"   Read More

Warren Buffett's Berkshire Hathaway is helping to finance Dow's just-announced deal to buy specialty chemical maker Rohm and Haas for over $15 billion in cash. Berkshire is contributing an equity investment in the form of $3 billion worth of convertible preferred securities.  The Kuwait Investment Authority is also making a $1 billion investment.    Read More

Two pieces of positive news this morning: 1) Wal-Mart sales better than expected and raising guidance, and 2) Dow Chemicalspacer buying Rohm and Haas. Jobless claims lower than expected is also a help.   Read More

The Dow closed lower on Tuesday with stocks slipping on concerns about the economy after consumer confidence fell to a 16-year low. What's the "Word on the Street?"   Read More