Stocks bounced off the lows of the session but ended lower as disappointing economic news halted the market's rally and as Merck dragged down the Dow amid problems with a key blood-clotting drug. Merck and Alcoa slumped, as Home Depot rose.
Stocks slumped more in the final hour of trading as disappointing economic news halted the market's rally and a disappointing drug trial for Merck dragged down the Dow. Merck and Alcoa fell, while Home Depot rose.
Stocks slipped as economic news released Thursday gave investors reason to pause a day after the market reached new multi-year highs. Merck sank, while DuPont rose.
There are some areas out there for investors to watch and in particular, commodities are looking “very attractive,” said Douglas Kass, founder and president of alternative investment management firm Seabreeze Partners.
The 2010 retail numbers are expected to show their second consecutive decline—a first for video games.
The barrage of reports from strategists on what investors should expect in 2011 has finally subsided and now, Birinyi Associates has issued a report on the reports. In a brief paper called, “Themes and Stocks for 2011” Birinyi analysts have waded through the verbiage of Wall Street’s strategists and came away with a few nuggets of note.
Groupon has completed a $950 million round of financing from a broad consortium of investors.
Stocks ended mixed, but off the lows of the session, amid rekindled European debt worries and as investors awaited the start of the earnings season.
Stocks pared some of their earlier losses as tech stocks gained, but remained under pressure for a third straight session Monday amid rekindled European worries and as investors awaited the start of the earnings season. AT&T and DuPont fell, while BofA rose.
Stocks fell as investors awaited the start of the earnings season and shrugged off a spate of mergers and acquisitions activity. DuPont and Microsoft fell fell, while GE rose.
The Consumer Electronics Show proved to be a lot more vibrant than I expected. The buzz going in was that everything was “me, too,” and nothing innovative would be being shown. Instead, the press conferences jumped the gun and were early by a day, and the show itself was mobbed. It turned out to be a banner year for product introductions and excitement.
Here's why you should keep a close eye on these six stocks.
It was no surprise to me when the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling found the management of BP and two of its contactors, Transocean and Halliburton, at fault for their missteps, which played an integral part to the deaths of 11 rig workers and the worst offshore oil spill in U.S. history.
Corning is making its Consumer Electronics Show (CES) debut this year. And though it's a newcomer, it's one of the most talked about and prevalent companies at the convention. This year the CES is focused largely on touch screen tablets and smart phones, and Corning makes the material—called Gorilla Glass-that encases nearly all these devices.
The "Fast Money" traders debate whether strong sales of the popular Xbox gaming system is enough to move the needle for MSFT.
Automakers are integrating all manner of new technology into their vehicles, and while it's safe to say people don’t generally buy a car just for its cool technological features, you’d never know it by Detroit's marketing efforts.
We’ve updated this post with even more trades from the Fast Money gang.
The US consumer is spending again, Sir Howard Stringer, chairman, CEO and president of Sony, told CNBC Thursday.
Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales. Verizon and Travelers slid, while Microsoft gained.
Stocks traded mixed Thursday as technology stocks rose and retailers skidded following weaker-than-expected December sales. Verizon skidded, while Microsoft gained.