Cisco will not create new jobs in the U.S. unless changes are made to the tax policy on repatriating overseas cash, CEO John Chambers said on CNBC.
Former AIG Chairman and CEO Hank Greenberg said the public doesn't know everything about what went down with the bailout of the insurance giant in an interview on CNBC's "Closing Bell."
Stocks are likely to suffer in the short term, but jumping out of the market is not a smart move, said Jack Bogle.
Look for 100 percent increase in shares of financial institutions across the board, analyst Dick Bove said.
The Dow will rally to 17,000 in the next few weeks before dropping to 6,000 by 2016, a market observer said.
JC Penney reported a quarterly loss that was smaller than expected on Wednesday, but revenue trailed analysts' expectations.