Rounding up all the earnings news investors should be keeping an eye on, including Goldman Sachs and Morgan Stanley preparing to report Q1 data on Thursday, with CNBC's Melissa Lee, Kate Kelly and Dominic Chu.» Read More
Donald Trump has a message for the Federal Reserve: "You've got to drop those rates." The real-estate developer told CNBC's Erin Burnett that higher interest rates won't hurt his end of the market. Luxury building in New York, Palm Beach and other locations "has been good" and is largely immune to rate fluctuations, he said.
California’s Scott Cole takes second place and a 2012 Maserati GranTurismo Convertible Sport
J.C. Penney is moving forward with a new ambitious plan for growth, despite market-wide concerns over weakening consumer spending and a slowdown in the housing market, CEO Myron Ullman told Erin Burnett on “Street Signs.” “The middle third of the economy essentially is our customer," Ullman said. "She’s employed, she’s finding what she likes and we have a very great style, quality, a smart price. We feel good about the spring season...Our biggest category is our apparel so we feel very good about the prospects going forward.”
WHEN: Today, Wednesday, June 24th WHERE: CNBC's "Street Signs"Following is the unofficial transcript of a CNBC interview with Rep. Darrell Issa, today on CNBC's "Street Signs."All references must be sourced to CNBC.
Wall Street analysts should hear what Wal-Mart critics have to say, considering the stock’s ongoing lackluster performance, one analyst told Erin Burnett on “Street Signs.” “Every analyst ought to be aware at least of what they’re saying. They’ve done their research and it ought to be heard,” said Mark Husson, a retail analyst with HSBC Securities.
Hedge funds can make their managers gigantic fees -- and sometimes leave investors holding the bag. But as CNBC's Trish Regan reported on "Street Signs," outraged calls for trader and CEO salary caps may be a bit premature.Regan pointed to Trader Monthly's annual report, which listed the $250 million earned by Pequot Capital's Art Samberg in 2006 -- when the fund returned only 8%. ...
Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Speaker of the House Nancy Pelosi today, Thursday, May 14th. Excerpts of the interview will run during CNBC's "Power Lunch" (12PM-2PM ET), "Street Signs" (2PM-3PM ET), "Closing Bell" (3PM-5PM ET) and the interview will run on "CNBC Reports" (8PM-9PM ET).All references must be sourced to CNBC.
Jim Glassman, senior U.S. economist for JP Morgan Chase, told CNBC’s “Street Signs” that the Federal Reserve’s minutes show concern for growth and inflation.“Inflation concerns aren’t new,” Glassman said Wednesday. “What’s new is the recognition that there are some downside risks to growth. I think the minutes show that (the Fed) is a little more cognizant of the two risks and it’s not just a debate about how much and when to tighten.”
CNBC'S "WHO'S PROTECTING OUR MONEY? A TOWN HALL MEETING WITH FDIC CHAIRMAN SHEILA BAIR," AIRS WEDNESDAY, FEBRUARY 25th, AT 10PM ET CNBC's Jim Cramer & Erin Burnett Host
Hovnanian CEO Ara Hovnanian said he no longer sees the signs of stabilization in the housing market he did in March, and now warns the industry is still a ways from improvement. “The subprime has gotten a lot of attention and it’s not just been the direct effect of the subprime but the psychological effect, even by those that are not using subprime mortgages.… It’s causing hesitation,” Hovnanian told CNBC’s Erin Burnett on "Street Signs."
WHEN: Today, Wednesday, November 12 at 2:30 PM ETWHERE: CNBC's "Street Signs"Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Aecom CFO Michael Burke, on CNBC'S "STREET SIGNS" Today.All references must be sourced to CNBC.
Nearly half the world’s population subsists on $2 per day, according to the World Bank. But Professor Jeffrey Sachs, director of the Earth Institute at Columbia University, has a quick fix solution: He told “Street Signs” that small donations from the world’s richest would do more to end poverty than all the combined governmental aid -- which is falling short. ... “We have about a thousand people who have about three and a half trillion among them on the Forbes [billionaires] list,” Sachs said....
WHEN: Today, Wednesday, October 15th at 2:12 PM ET WHERE: CNBC's "Street Signs" Following is the unofficial transcript of a CNBC EXCLUSIVE interview with former AIG CEO, Robert Willumstad, on CNBC's "Street Signs." All references must be sourced to CNBC.
Following is the unofficial transcript of a CNBC exclusive interview with New Jersey Governor Jon Corzine on CNBC's "Street Signs." During the interview, Corzine discusses whether he believes the U.S. is in a recession and his thoughts on whether Bernanke and Paulson went far enough, among other topics.
Some pro sports leagues have enacted pay caps to ease fans' concerns. So if a chief executive's compensation strikes investors as too far out of whack, should the corporate world consider the same measure? Charles Elson, director of the Weinberg Center for Corporate Governance at the University of Delaware, votes yea. Contradicting him is Alan Murray, assistant managing editor at The Wall Street Journal. The two stated their cases to CNBC's Erin Burnett.
How do you keep making money as the markets reach new highs? Mike Williams, global strategist for Nations Financial Group and Thomas Melcher, chief investment officer of Hawthorne-PNC Wealth Management joined CNBC’s Erin Burnett on “Street Signs,” with advice on how to cash in after the rally.
Business isn't taking a vacation this summer at least not on CNBC, America's Business Channel. CNBC is airing an unprecedented number of original primetime programs as well as special series during its Business Day schedule.
The Wall Street Journal reported that a Wal-Mart employee was fired for recording phone calls with a New York Times reporter last month. And now, the man claims he was part of a more elaborate corporate espionage scheme. Labor and privacy experts joined “Street Signs” to analyze the case. David Garland, co-chair of the employment and labor group at Sills Cummis, explained to CNBC's Erin Burnett that at times, employees will go too far when snooping for the company...
Don Hays, president and chief investment strategist at Hays Advisory, told CNBC’s “Street Signs” that he expects the market to peak in the next 12 to 18 months with a 20% gain in the S&P 500.He said growth stocks will do even better. “What we wanted to do was buy when the market was panicked three to five weeks ago,” Hays said Wednesday. “That’s exactly what we did. We’re feeling very good today.”
A French-built high-speed train has broken the world speed record on rail: With a 25,000 horsepower engine and special wheels, the train hit a speed of more than 357 mph. The train’s performance was close -- but was not as fast as the Japanese maglev (magnetic) train that reached 361 mph in 2003. CNBC’s Phil Lebeau joined Erin Burnett on "Street Signs" to discuss why the U.S. can’t -- or won't -- do the same thing.