Australia is no longer just a hot tourist destination -- it’s also a great place to invest in, according to Anthony Cragg. On “Squawk on the Street,” the lead manager for the Wells Fargo Advantage Asia Pacific Fund spoke about the investment opportunities down under.
At Yahoo's annual shareholder meeting today, CEO Terry S. Semel is expected to face criticism for the stock's recent performance."I think that there's been a complete mismatch in the CEO's pay package and the performance of the stock over the last three years," Susquehanna Financial Group Internet Analyst Marianne Wolk said on "Squawk on the Street."
With interest rates on the rise, electric utilities and large-cap telecom stocks are most at risk for a sell-off, said Cantor Fitzgerald U.S. Market Strategist Marc Pado on "Squawk on the Street."
Peter Kenny, managing director at Knight Equity Markets, told CNBC’s “Squawk on the Street” that the market has shifted its focus to interest rates from earnings.
With the Dow closing at its milestone of 14,000 yesterday, the Nasdaq reaching 6 1/2-year closing highs, and the S&P soaring to record heights, investors anxiously await next week’s 8-Dow stocks and 168 S&P reports.
Covidien, formerly Tyco Healthcare, began trading last Thursday after being spun off from Tyco International. Covidien President and Chief Executive Rich Meelia joined “Squawk on the Street” to discuss his future plans and goals for the healthcare products maker.
Jason Trennert, chief investment strategist for Strategas Research Partners, told CNBC’s “Squawk on the Street” that he believes the market will move higher despite the recent downdraft.
To be a successful investor in foreign markets, you have to know the territory. Riedel Research Group Emerging Markets analyst David Riedel said he employs 31 analysts, whom he dubs "locals," in 15 countries.
Mike Malone, equity sales and trading analyst at Cowen and Company, told CNBC’s “Squawk on the Street” that strong growth isn’t fueling inflationary fears.
Noah Blackstein, portfolio manager for Dynamic Mutual Funds, told CNBC’s “Squawk on the Street” that he believes stocks are undervalued and the market can go higher.
Keith Wirtz, president and chief investment officer of Fifth Third Asset Management, told CNBC’s “Squawk on the Street” that he believes the market is poised to move higher despite rising oil prices and the possibility of higher interest rates.
As the Macy’s name replaced Federated Department Stores on the New York Stock Exchange Friday, heralded by the new ticker symbol, “M,” Macy’s CEO Terry Lundgren shared insights with CNBC’s Erin Burnett on “Squawk on the Street.”
Business 2.0 magazine came out with its annual list of 100 fastest growing technology companies, and No. 1 is Akamai Technologies Inc., which allows consumers faster access to the internet. Mark Kelleher, a tech analyst at Canaccord Adams, said he would hold off on buying Akamai right now, despite its recent success of 40% gain in revenue over the past 12 months.
Technology rivals Bill Gates and Steve Jobs shared the stage Wednesday night, at the annual tech conference run by The Wall Street Journal. On “Squawk on the Street,” Harry Blount, IT hardware & storage network analyst at Lehman Brothers, discussed how far Apple can go and the future of its relationship with Microsoft.
Private equity interest has built "a good floor" for real estate investment trust (REIT) prices. Jonathan Litt, REIT analyst at Citigroup, joined "Squawk on the Street" to dissect Tishman Speyers' offer for apartment-builder Archstone-Smith Trust -- and named the one public company that could beat Tishman to the punch.
The China bubble is no myth, says Michael Hartnett. But the global emerging markets strategist at Merrill Lynch says the global economy has nothing to fear -- yet. He joined "Squawk on the Street" to discuss China's "crazy" market and how far it still may go.
Rob Lutts, founder and chief investment officer of Cabot Money Management, told CNBC’s “Squawk on the Street” that China is now an established economy. “I think it’s a misnomer to call these ‘emerging economies,’ ” Lutts said. “China has arrived. It has a tremendous foundation for growth.”