Another day, another round of corporate layoffs. Liz Claiborne and PNC Financial Services became the latest companies to announce job cuts on Tuesday
The Dow and S&P 500 fell on Monday as uncertainty about the Obama administration's plan to stem bank losses dragged down financial shares.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan, while a big Wall Street firm has further job cuts in store, according to reports.
A major US retailer announced job cuts Monday amid worries about the fate of the stimulus plan and the economy.
Listen up, Mr. President. Cramer's got a plan for the banks. Plus, survival strategies for investors.
Cramer makes the call on viewers' favorite stocks.
Government bail-outs in the wake of financial wreckage have inundated news headlines across the globe. Capital injections by the government into leading American banks under the U.S. Troubled Asset Relief Program (TARP) have been redefined across multiple sectors. With so many institutions holding bad assets and seeking to tap TARP, a new index by the NasdaqOMX Group was introduced as the Government Relief Index (QGRI) to track the performance of U.S. listed companies that are participants of U.S. government sponsored relief programs such as TARP.
The new president's plan to rescue the financials is great news. But investors shouldn't race to buy stock in the companies who have their hands out.
The Mad Money host and CGM Focus Fund's Ken Heebner go head-to-head on which stocks work after Wednesday’s Federal Reserve statement.
The mood is more serious that last year, but not more somber. A few intense discussions were drawing in participants from around the center in between session, although the requisite numbers were propped up at the Plenary Bar--a notable meeting spot.
Shares of US financial companies are rallying today after CNBC's Senior Economics Reporter, Steve Liesman, reported late Tuesday that the Obama administration might set a "bad bank," taking away toxic assets.
Experts are divided on which threat is worse for the global economy, deflation or inflation, but gold is a safe bet in either outcome, Morgan Stanley said in a research note.
Movement in a few key sectors could give stocks a much-needed boost.
Following are the week’s biggest winners and losers. Find out why shares of Morgan Stanley and Geron popped while Playboy and Wal-Mart dropped.
Stocks fell on Friday, pressured by weak corporate earnings and concerns about the outlook for the rest of the year.
Considering there are so many challenges facing the financials, are any poised to profit?
Predictably, it was led by financials. The Bank Index rallied 12 percent after dropping 19.7 percent yesterday.
What looks like a financial crisis is really an accounting crisis, made much worse by persistent fear.
Where to begin on this auspicious day! First, the oddsmakers are out with what they expect to hear in Barack Obama's inaugural speech.
Following are the day’s biggest winners and losers. Find out why shares of McDonald’s and Kimberly-Clark popped while Morgan Stanley and Estee Lauder dropped.