Big bank bloodbath fears. They’re ba-ack!
Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.
Stocks rise ahead of Obama speech
Stocks made a tepid advance at Wednesday’s open, as investors were taking a wait-and-see stance ahead of President Obama’s speech unveiling a $250 billion jobs recovery plan.
Follow the smart money — and the crowd
Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer.
Stocks set to open lower
Stocks were poised to edge lower Wednesday, ahead of the first batch of economic data this week. Additionally, concerns about European banks continued to hang over investors in early morning trading
Is Mark Hurd really worth $6 billion to Oracle?
If it weren’t insulting enough that Oracle CEO Larry Ellison publicly blasted Hewlett-Packard for letting Mark Hurd go, it now turns out that HP’s loss is Oracle’s gain.
Stocks fall on Europe worries
U.S. stocks slumped at the market’s open Tuesday, as renewed worries about European banks and the global economy weighed on investors coming back from the long Labor Day weekend
The new young investor: Shunning stocks
When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund.
Wall Street faces an economy at a ‘crossroads’
Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It’s a holiday-shortened week with little on the docket to set the tone.
Dollar slips on return to risk
As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Stocks pop after jobs report
Stocks rallied Friday after the August employment report showed that employers cut fewer jobs than economists were expecting and added more private-sector jobs than forecast.