Check out the companies making headlines after the bell Tuesday: Alphabet, Under Armour, Southwestern Energy and more. » Read More
RIMM shares have jumped 4% because an activist investor is calling for sweeping changes at the company, with Vic Alboini, Jaguar Financial chairman/CEO; CNBC's Scott Wapner and Jon Fortt. Also, discussing the catalyst for Stifel Nicolaus slapping a "buy" rating on shares of IBM, with David Grossman, Stifel Nicolaus.
Roubini Global Economics, the economics research firm begun by noted economist Nouriel Roubini, is for sale, according to sources who have been approached by an investment bank conducting an auction for the firm.
"The government has given over $400B of free money to the banks and the only way we can pull ourselves out of this mess is to provide fiscal, with monetary policy," says Asher Edelman, ArtAssure founder/president who has joined in support of the "Occupy Wall Street" protests. CNBC's Gary Kaminsky has the story.
Discussing the urgency for Slovakia's vote on the EFSF expansion which may not be answered today, and where the markets stand, with CNBC's David Faber, Scott Wapner, Michelle Caruso-Cabrera and Gary Kaminsky. Also, Joseph Dear, CalPERS CIO weighs in on long term investing strategies.
Financial companies are not at the top of the list in either least taxes paid or CEO pay, according to an anlysis by CNBC.com. Their effective corporate tax rate is right in the middle of the pack, standing at 28.8 percent.
In a survey by Coldwell Banker Real Estate, results found that 9 out of 10 brokers said “the economy is delaying baby boomers’ plans to sell their homes, compared to a few years ago.”
A two-tier economy is emerging in the UK, with small-cap companies being left behind, Keith McGregor, EMEA head of restructuring at Ernst & Young, told CNBC Monday.
We were talking market volatility yesterday on our show "Street Signs" and trader Joe Saluzzi of Themis Trading said almost matter-of-factly, "The markets are broken." He's right, and I'll take it one step further: Until further notice, investing the old fashioned way is dead—maybe forever.
CNBC's Rick Santelli shares an update on the bonds and the dollar.
Futures slipped Tuesday following a sharp rally in the previous session and as investors stayed cautious ahead of a key vote in Slovakia to expand the euro zone rescue fund.
Goldman Sachs would be the most hurt if the Volcker Rule does ban flow trading, says Brad Hintz, Sanford C Bernstein & Co. "Goldman is most exposed to fixed income, Morgan Stanley next- and then you've got the big banks like JPM and Bank of America and Citi," he adds. Hintz also says that US banks will not suffer from European contagion.
"Until the financials can get some kind of strength behind them, we're going to have a tougher time going forward," says Joe Kinahan, TD Ameritrade. Many traders will also have their eyes on Alcoa today, he adds.
So, who are the newest additions to Institutional Investor's All-America Research Team? Find out!
Drugs, and especially cocaine, "pollute" the economic world and traders should be tested for narcotics, Carlo Giovanardi, a junior minister with responsibility for the family in Silvio Berlusconi's government, said in an interview published on YouTube and quoted by the Guardian.
The world's advanced economies are headed for a second recession, regardless of whether there is further chaos in Europe, Nouriel Roubini told CNBC on Tuesday. He also said the ECB needed to cut rates and the bailout fund needed to be expanded to 2 trillion euros.
The Occupy Wall Street movement, like the Tea Party, is a sign of a broader 'anxiety' among middle-class Americans, Jon Corzine, chief executive and chairman of MF Global, and a former Democrat Governor of New Jersey, told CNBC.
Roelof van den Akker, senior technical analyst at ING Wholesale Banking, joined CNBC to take a technical look at the Euro/Yen and Euro/Dollar trade, plus the Dax.
Since August the market has been very volatile. Huge market swings for stocks added to a sense of crisis as investors fretted over Greek default, the global banking system and a slowdown in the US economy.
"I think this headline that Dexia has been nationalized, or there is a bailout, is absolutely wrong. What we know is, the Belgians are going to take responsibility for the Belgian citizens, the French for the French citizens; and this leaves 180 billion in US municipal lending, and another 180 billion in European municipal lending, for which no one is taking any responsibility," Phillippa Malmgren, president and founder of Principalis Asset Management, told CNBC.
There's a wider than usual divide on Wall Street over whether this quarter's earnings releases will be a boom or bust for stocks.