Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.
Following are moves you might have missed. Find out why shares of Schlumberger and Hertz Global popped while Pulte and Massey Energy dropped.
The Dow's ascent after the latest Fed minutes quickly petered out and the blue-chip index ended flat. Banks and some techs were higher, while retail and homebuilder stocks were weak.
THe Dow turned higher Tuesday after the latest Fed minutes were released. Banks and some techs were higher, while retail and homebuilder stocks were weak.
Stocks declined Tuesday amid buzz that Greece wants to renegotiate its bailout package and as investors await minutes from the Fed's last policy meeting.
April has started off well, already up 1.1 percent for the Dow. Remember, April is the still the best month for the Dow Industrials, up an average 2 percent since 1950, though there is often a dip right after the tax deadline ends. And: Banking and housing stocks have seen dramatic moves this year, and are the subject of two interesting analyst calls this morning.
Companies are increasingly sharing their record cash hoard with investors, and that trend should accelerate with a new wave of increased dividends and buybacks this quarter, according to a report from an investment bank.
KB Homes posted a bigger-than-expected quarterly loss on Tuesday as prices and demand for its houses sagged. How should you invest in the homebuilding sector? Eric Landry, analyst at Morningstar discussed his strategies.
Find out how the US government is doing more to hurt homeowners than help them.
Despite a fairly decent earnings report out of Toll Brothers this morning, some concerns linger over the state of the housing industry. Toll’s CEO Robert Toll pointed out that the speed of a housing recover has been “hard to discern” due to “unevenness in demand” the homebuilder has seen since September.
Believe it or not, some news that’s fit to print just isn’t making the papers, Cramer says.
Lumber prices recently hit a new high; just as some homebuilder stocks finally started seeing some relief. So will the pricey lumber stall the recovery in homebuilding stocks? David Goldberg, building and building products analyst and Phil Gotthelf, president and commodities analyst at Equidex shared his insights.
The Dow surged more than 100 points on Thursday cheered by word that European leaders had sealed a deal to provide financial aid to Greece.
Stocks closed broadly higher on optimism that help was on the way for Greece to deal with its heavy debt burden.
Stocks staged a relief rally Wednesday amid talks of a bailout for Greece and positive earnings and sales news from some key Dow components.
Speculation that some kind of assistance to Greece is coming (even though the Greek Prime Minister says he doesn't want any assistance). EU heads of state will be meeting in Brussels on Thursday. The big question: Will Germany endorse some kind of rescue package? Also: China buying hard assets — oil and gold.
U.S. stock index futures are pointing to a higher open Tuesday morning, a day after a last-hour selloff pushed the Dow to its first close below 10,000 since November, and the S&P 500 to a fresh three-month closing low as well.
What follows is a roundup of corporate earnings reports for Tuesday, Feb. 9.
Standard Pacific is attracting upside option activity ahead of its fourth-quarter earnings report after the market closes today.
The economic recession and the housing depression will cause many Baby Boomers to push back retirement, but that doesn't mean they're not still eyeing and buying homes built specifically for retirees. Builders of these "active adult communities" are therefore changing some of their models to reflect homeowners' new desires.