World News Center
Stocks slump at the close
September 9, 2010U.S. stocks ended a choppy day of trading lower Monday, as a dismal economic outlook overshadowed earlier optimism fueled by takeover talk.
Stocks that can take a double dip
September 9, 2010Personally, I have no idea whether the economy is headed for a double-dip downturn, as some now predict. And frankly, no one else does either.
Dollar advances on global slowdown fears
September 9, 2010The dollar turned higher this week as jittery investors flocked to the greenback for its safe-haven appeal amid fears of a global economic slowdown.
European stocks: Still valuable
September 9, 2010David Marcus's past is filled with triumph and defeat. In the '90s he was a star protégé of mutual fund king Michael Price, the value manager who made a killing for investors in his Mutual Series funds. Marcus ran three funds there with more than $14 billion in assets and was labeled a European stock-picking ace by the press.
Why does everyone hate Microsoft?
September 9, 2010Why don't investors love Microsoft?
Dollar hits 15-year low against yen
September 9, 2010The dollar fell to a 15-year low against the Japanese yen Wednesday, as investors flocked to safe-haven trades after weak economic data was released by China and the Federal Reserve posted a bearish outlook.
Big bank bloodbath fears. They're ba-ack!
September 9, 2010Have 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 end higher after Obama speech
September 9, 2010Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.
Follow the smart money -- and the crowd
September 9, 2010Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
Is Mark Hurd really worth $6 billion to Oracle?
September 9, 2010If 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.
