General Electric's oil and gas division has signed a $250 million deal with the Brazilian energy company Petroleo Brasileiro for offshore drilling equipment.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
In seeking to make the new search engine Bing as much a part of the popular culture as “bada bing,” Bing Crosby or Stanley Bing, Microsoft is buying prominent placement for bing.com inside television shows and the online video hub Hulu.
The latest overall job loss numbers showed a loss of 345,000 jobs in May and the unemployment rate climbed to 9.4%, the highest rate since August 1983. The March and April numbers were revised upward to losses of 652,000 and 504,000, respectively. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
At this point, you look for any selective weakness in sectors that you want to be “long” in, advised Peter Sorrentino, senior portfolio manager of Huntington Asset Advisors.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
Vietnam is following China’s footsteps in terms of economic growth and they will produce great returns for investors in the next 10 years, said Rob Lutts, founder and CIO of Cabot Money Management.
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
With the futures up this morning, be on the watch for a technical milestone this week. Both the S&P and the Dow Jones Industrial Averages are poised to cross over their 200-day moving averages.
Plus, Cramer makes the call on retail, autos, gold and more.
The "D: All Things Digital Conference" here at the Four Seasons Aviara in Carlsbad is a feast for the technological senses.
David Hefty of Cornerstone Wealth Management and Carlos Lowenberg of Lowenberg Wealth management provided suggestions for a "no-stock" alternative investment portfolio.
Stocks barreled higher Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Stocks recovered from a lower start Tuesday as consumer confidence hit its highest level in eight months and a broker upgrade on Apple buoyed the Nasdaq.
Stocks recovered from a lower start on Tuesday as consumer confidence hit its highest level in eight months. Getting the market off to a jittery start after the three-day weekend, the decline in Case-Shiller housing prices showed no signs of letting up. Read and listen to what the experts had to say...
Sliding home prices, more trouble in the Eurozone and another North Korean nuclear bomb test: How will these affect the stock markets? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his insights on Tuesday.
Stocks bounced back from a lower open Tuesday as a broker upgrade on Apple buoyed the Nasdaq. Getting the market off to a jittery start after the three-day weekend, the decline in housing prices showed no signs of letting up and there were reports of another missile launch by North Korea.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
In today's lean times, more folks are forgoing expensive gym memberships and doing their exercising at home, so it seems like a good time for Electronic Arts to launch EA Sports Active. The product, which is off to strong start on Amazon, is EA Sports first targeted primarily to a female audience.