TORONTO _ Kinross Gold Corp. on Wednesday reported a loss of $841.9 million in its fourth quarter. The Toronto- based company said it had a loss of 73 cents per share. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.» Read More
Despite the unexpected drawback in U.S. crude inventories, oil prices continued their fall Thursday, to below $46 a barrel, near four-year lows, as economic fears deepened. As the downturn persists, analysts interviewed by CNBC suggest oil could fall to $20 a barrel.
As markets continued their volatile trade Wednesday, low-risk assets like U.S. Treasuries retained their luster, despite offering the lowest yields in decades. Betting on credit may offer better returns than stocks, some analysts say.
We probably saw the lows for the S&P 500 index in November, Chris Locke, MD at Oystertrade.com Management, told CNBC Wednesday.
The bottoming process has begun in stock markets and now is the time to buy good value US, Chinese and energy stocks, experts tell CNBC.
A Goldman Sachs hedge fund that launched in January with over $6 billion under management lost close to $1 billion by September, according to the Financial Times.
This October could be the worst month ever for global markets. But with the month coming to an end and investors still fearful of a deep, prolonged recession, what will be the other shoe to drop? CNBC's experts weigh in.
Asian markets traded higher Thursday, with the Nikkei 225 Average closing almost 10 percent higher. CNBC's experts believe the index can keep climbing, while the rally in Western markets may be shortlived.
Stock markets have been boosted by rallies but investors should trade with care, experts recommend.
Markets may be up Tuesday, but the economic outlook remains grim. CNBC's experts share their views on where the economy is headed and how long it will take to recover.
In this Web Extra the traders talk steel and pharma stocks while also paying some attention to the Fed meeting, housing numbers, and delivering a message to Bill Gates.
The yen continued to gain Monday even after the Group of Seven warned the Japanese currency posed a threat to financial and economic stability. CNBC's experts weigh in on whether now is the time to buy the currency.
Global markets tumbled severely on Friday as fears of a global economic slowdown reached a crescendo. In the midst of recession worries, CNBC's experts call for further rate cuts.
The stock markets have fallen so much that the only way will be up – at least for a short while, experts told CNBC.
Global markets were back in the red Wednesday, tracking Wall Street's major selloff, as poor earnings results and falling commodity prices fanned worries of a global recession. CNBC's experts weigh in on when the gloom will finally abate.
Markets rallied for the second day in a row as credit markets began to thaw on government efforts, bringing confidence slowly back into the market. But will this rebound be sustainable? CNBC's experts weigh in.
Global stocks started the week with solid gains Monday as investors took comfort in efforts to prop up the banking system. CNBC's experts provide their views on market confidence and give investment guidance.
Stock markets rose across the world Friday, rebounding from two days of losses. But with recession at the forefront of investors' minds, CNBC's experts weigh in on the worst case scenario and where to find safety.
Asian and European markets tumbled Thursday, following Wall Street's massive selloff, as recession fears became the focal point. CNBC's experts tell you how to invest your wealth in these uncertain times.
The stock market is as oversold as it has been since the crash of 1987 and the broader market could be start to rebound until early next year, Marc Faber, editor and publisher of the Gloom Boom and Doom Report, said Tuesday.
Rising fuel and food costs, the threat of job losses and disputes over pensions and pay are just some of the factors that sparked thousands of disgruntled workers to take action this summer.