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The euro's upward move on the outcome of the Greek election was short lived, to say the least. Time to look elsewhere for a trade.
Take a look at some of Monday's midday movers:
Spanish 10-year yields surge past 7% as a Greek relief rally fades, with CNBC's Stephane Pedrazzi. And Mark Grant, Southwest Securities, explains why problems in Spain are being vastly understated. CNBC's Ron Insana weighs in with the Fast Money traders.
CNBC's Bob Pisani and Art Cashin, of UBS, discuss the results of the Greek elections and whether the country will be able to live up to its austerity agreement.
Greece's current chapter offers us a valuable lesson into the impact of democracy in action, writes Robert Diamond of Fernbrook Partners. What are the other lessons learned?
Mark Cuban, HDNet chairman, discusses why he got out of his Facebook position and where he sees the future of the TV industry.
Discussing whether Facebook is finally on the path to recovery following its IPO flop, with Mark Hulbert, Columnist, Marketwatch senior columnist, and Michael Pachter, Wedbush Securities analyst.
Vikram Pandit, Citigroup CEO, discusses the outlook on the banking giant as it enters its third century and where he sees rebound in the housing market.
CNBC's Rick Santelli discusses the latest action in the bond market and U.S. dollar.
Jim Cramer explains what to watch ahead of the open. "I don't think oil is going to do anything for a while," he says.
Starbucks stock continues to trade flat near $52, after coming off a high of $61.15 on April 26. A recent UBS report suggested the momentum trade may be over for Starbucks.
Imperial Tobacco, one of the world’s leading tobacco companies, offers significant growth prospects as well as being one of the most defensive areas in consumer staples, Olivier de La Ferrière, fund manager at KBL Richelieu Gestion, told CNBC.com.
Take a look at some of Monday’s morning movers:
Julian Callow, Barclays chief European economist, discusses the impact of Greek's election results on global markets, Fed policy and central bank action, Spanish bond yields, and investor anxiety.
Fear, uncertainty, volatility. Investors on the sidelines have been stuck with a shaky three-legged stool of late. What lies ahead may not be any less unsettling. Nevertheless, investors would like to move forward — and move up in the world of investment returns.
Some see the bond market rally as tired and overblown, while others say stocks are vulnerable to risk even though they are historically undervalued. So what's an investor to do?
The Indian central bank’s surprise decision Monday to hold interest rates steady may have sent the stock market and rupee falling, but analysts tell CNBC the Reserve Bank of India did the right thing.
The future of Brady Dougan as chief executive of Credit Suisse has come under scrutiny amid increasing market pressure on the second largest Swiss bank by assets to bolster its comparatively weak capital base, the FT reports.
The head of Denmark’s central bank has warned that the Danish krone is coming under intense pressure from investors seeking a haven in Europe and betting that the currency’s peg to the euro could be cracked by the crisis. The FT reports.
Risk assets rallied in early Asian trade after Greece's pro-bailout New Democracy Party won the most number of votes in elections on Sunday, helping to ease concerns the country would leave the euro zone.