LONDON, July 26- Hedge funds and other money managers have begun to amass another large short position in futures and options contracts linked to the price of crude oil. Hedge funds increased their short positions in NYMEX WTI futures and options from 53 million barrels on May 31 to 141 million barrels on July 19, anticipating a further drop in prices. » Read More
Capital One Financial posted a third quarter net loss of $81.6 million, or 21 cents per share, hurt by charges from shutting down its GreenPoint Mortgage business.
SanDisk on Thursday reported third-quarter earnings of $130 million, or 54 cents per share, up from $124 million, or 51 cents per share in the year-ago quarter, beating analysts' estimates.
What keeps a five-star fund earning its stars? Ask Turner Investment Partners portfolio manager Frank Sustersic. He's in charge of the 5-star Turner Emerging Growth Fund, which is up nearly 20% year-to-date.
John Burns says staying the course is the only smart path to prosperity. Burns, founder and chief investment officer of Burns Advisory Group, joined CNBC's "Power Lunch" to offer his insights into how to play the market today -- and how to prepare for tomorrow.
Planning for retirement? Then forget the "margaritas by the pool" and start spending less, says Ivory Johnson, director of financial planning at The Scarborough Group. She joined CNBC's "Power Lunch" to discuss sound retirement strategy -- and took the opportunity to criticize Federal Reserve policy.
On Tuesday, the U.S. Supreme Court is hearing an case that some say may alter the landscape of investing. The outcome potentially could strengthen shareholder confidence -- or stifle investment markets.
You’ve heard of Saturday Night Fever? Pete Najarian had Friday Day Fever, and found himself dancing in the options pits as speculation swirled in one of the “craziest days of the year” for the options market.
Children's Place Retail Stores Wednesday fired Chief Executive Ezra Dabah and named board member Chuck Crovitz as interim CEO, sending its shares up as much as 9 percent.
Electronic Data Systems has agreed to pay nearly $500,000 to settle an investigation into accounting irregularities alleged to have occurred from 2001 to 2003.
FedEx Thursday reported higher quarterly profit despite a slowing U.S. economy, but lowered its full-year earnings outlook, sending its shares down nearly 2%.
Goldman Sachs Group said Thursday that quarterly profit surged 79 percent, blowing away expectations of weak results, as the investment bank generated its second-highest revenue ever despite turbulent summer markets.
Bear Stearns said Thursday its profit plunged 62 percent in the third quarter, as turbulence in the debt market and wrong-way bets on mortgages hurt the investment bank's credit portfolio and bond business.
ConAgra Foods posted higher quarterly profit on Thursday as sales of new products and results in its energy trading and fertilizer business helped offset the impact of soaring commodity costs.
Circuit City Stores reported a wider-than-expected second-quarter loss Thursday, as sales sagged for desktop computers, projection and tube TVs, and its shares fell 5 percent in pre-market trading.
Wells Fargo Chairman Richard Kovacevich said Wednesday the U.S. mortgage industry will recover following further short-term pain, led by better-diversified lenders less exposed to market vagaries.
The Federal Reserve acted Tuesday, cutting the fed funds rate and the discount rate by a half-percentage point each. Oil jumped to a new high as the news was announced and immediately afterwards, stocks rallied in the strongest reaction to a Fed move since 2001. With the Fed funds rate now at 4.75 percent and the discount rate at 5.25 percent, where will the market go? CNBC's experts weighed in.
Federal Reserve policymakers are meeting today in one of the most closely watched central bank conferences in years. The Fed is slated to release its rate-cut decision at 2:15pm ET. CNBC asked the experts what they expect the Fed to do -- and what impact it will have on the economy and markets.
Intel shares slipped Friday, after a Merrill Lynch analyst downgraded the chipmaker's stock to neutral from buy.
CNBC talks to the the experts about what investors should do in this market.
On Friday, the Federal Reserve announced that it had approved a 50 basis-point cut in the discount rate it charges for loans made directly to banks, via its regional Federal Reserve lenders . Was the discount-rate cut merely in reaction to a temporary credit crunch -- or a sobering signal that Fed Chairman Ben Bernanke perceives deeper troubles in the U.S. financial sector? CNBC's Market Task Force and expert guests took on the question -- and offered survival advice to investors.