Forget the Oscars, we’ve got Wall Street’s top analyst for 2010. What’s the number one pick from the number one guy?
US major indexes reversed last Thursday's steep drops on Monday on a near $1 trillion European Union relief package and on news that US regulators are looking at circuit breakers to prevent a re-run of last week's "flash" market meltdown.
The regulators are still trying to figure out just what set off the crazy trading a week ago Thursday, but some facts are obvious. If a stock goes from $40 to one cent to $40 within a few minutes, somebody messed up.
The Dow lost more than 100 points, led by Cisco, as comments from CEO John Chambers sucked the wind out of the tech rally's sails.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
The Dow bounced around Thursday as Alcoa advanced, while Cisco skidded after comments from CEO John Chambers.
Over the past few years, the outlook from Cisco CEO John Chambers has been spot on. That combined with technical action makes the traders nervous.
Any cautious tone perceived by investors from comments by Cisco’s John Chambers was “over interpreted,” the CEO told CNBC Thursday.
U.S. stock index futures pointed to a slightly lower open Thursday in the wake of a strong rally for the Dow Jones Industrial Average in the previous session. But volatility looked set to remain.
The computer networking giant reported stronger-than-expected quarterly results as a recovering global economy and growing Internet use prompted companies to upgrade their networks.
After the bell Wednesday the traders were closely watching the action in Cisco, which slipped in extended trade despite an earnings beat. What's the trade?
Stocks had their best three-day run in 10 months Wednesday as Spain got the market off to a good start, promising tough austerity measures, and tech stocks rallied after some encouraging reports from Intel and IBM. Gold soared.
The company beat, and beat handily Wall Street expectations with its third quarter earnings, coming in at 42 cents when the Street was looking for something closer to 39 cents.
What follows is a roundup of corporate earnings reports for Wednesday, May 12.
Stocks advanced Wednesday after Spain promised to take wide austerity measures and Intel said it expects earnings growth to double. Techs and industrials led the way. Gold surged.
With Cisco up about 10% over the past 3 months, how should you game this stock into and in the wake of Wednesday earnings?
Yeah, you read that headline right: IBM is offering up a 5-year earnings plan, and for a company in tech — really any company — to offer such visibility is substantial, and intriguing. Oh, and the 5-year plan has IBM reporting $20 a share in operating earnings by 2015.
Stocks advanced Wednesday after Spain promised to take wide austerity measures and Intel said it expects earnings growth to double.
Stocks opened higher on Wednesday, following a rocky trading session yesterday that left the blue-chip index down 0.3 percent. How should investors be positioned? Ronald Weiner, president and CIO of RDM Financial Group and Charlie Smith, CIO of Fort Pitt Capital Group shared their market outlooks.
After a sharp selloff last week, techs saw a strong comeback on Monday with the Nasdaq rising almost 5 percent. Will the sector lead the markets out of a correction? Ted Moore, portfolio manager at Fifth Third Asset Management, and Ronald Gruia, principal telecom analyst at Frost & Sullivan, discussed their best picks.