Chinese investors snapped up a 13% stake in Manchester City's parent weeks after President Xi Jinping visited the club, the FT reports.» Read More
Radio host Howard Stern announced he is staying with Sirius XM Radio, ending speculation that he might leave the satellite radio station. Barton Crockett, media analyst at Lazard, shared his take on the stock going forward.
Stocks declined Thursday as Treasurys erased most of their gains ahead of a 30-year bond auction and despite evidence the U.S. economy continues to improve. DuPont and Travelers fell, while BofA rose.
We knew immediately this was going to be the largest fraud ever, by a long shot. And it was. $18 billion. Almost ten times larger than any other Ponzi scheme. It became clear very early that the direct Madoff investors were doomed.
Here's why you should keep a close eye on these six stocks.
Stocks traded mixed Thursday following an encouraging weekly jobs report. Where should investors be positioned going forward? Robert Doll, chief equity strategist at BlackRock, shared his insights.
Stocks advanced at the open Thursday, then turning mixed, after weekly jobless claims fell more than expected. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
S&P futures pop about 4 points, the dollar weakens, as initial jobless claims for the week come in at 421,000, a bit lower than the 429,000 consensus. China IPO mania continues: 2 other Chinese IPOs price overnight.
In late 2006, the German engineering giant Siemens, one of world’s largest companies, was engulfed in a corruption scandal.
U.S. stock index futures added slightly to gains Thursday after weekly jobless claims fell more othan expected.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
The surge in 10-year Treasury yields above the psychological 3 percent level this week crowns a miserable period for bond traders and investors who bet on the Federal Reserve’s second round of quantitative easing policy, or QE2, being bullish for the market, reports the Financial Times.
AIG is repaying a $20 billion credit facility to the government. They are getting the money from a sale the sale of an IPO of 67 percent of AIA Group and the sale of American Life Insurance company (ALICO), which closed on October 29, 2010 and November 1, 2010, respectively.
Stocks ended modestly higher Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, McDonald's fell.
Although Costco's earnings positively surprised Wall Street expectations, the retailer's management team is cautious about the economy and consumer spending in the months to come.
Do options traders see higher interest rates to come? If the call volume in the ProShares Ultrashort 20+ Year Treasury ETF (TBT) is any indication, the answer is a resounding yes.
Financials leading the markets Wednesday on the simple principal that a steeper yield curve is a help to banks. But there's another factor helping banks.
Friday, analysts expect the Commerce Department to report the deficit on international trade in goods and services was $44.0 billion in October or 3.6 percent of GDP. The trade deficit and crippled regional banks starve U.S. businesses of the customers and capital needed to create jobs and fire up growth.
Stocks were struggling for direction Wednesday as the dollar rose and Treasurys hit six-month highs on fears the economy would heat up under the tax plan under consideration in Washington. BofA rose, while McDonald's fell.
Small-cap stocks have outperformed the large caps this year: The Russell 2000 index is up about 20%; the S&P 500 rose almost 10%. Which is the better buy going into 2011? Jerry Jordan, portfolio manager at Jordan Opportunity Fund, and Bill McVail, portfolio manager at Turner Small Cap Growth Fund, shared their best plays.
For quite some time now, we have been writing about the loftiness in the Treasury bond market. We have repeatedly said that high-quality stocks appear attractive when considering the meager yields available through investment in Treasuries. Well, it seems that the euphoria over bonds may be over…for now.