Click the chart to track Harley-Davidson’s stock. Shares of Harley-Davidson fell sharply Wednesday after the motorcycle giant’s second-quarter sales figures fell short of Wall Street’s estimates. Sales were particularly weak in Europe, where dealers sold just 14,639 motorcycles, 9% fewer than last year.
Brian White, Topeka Capital Markets, says Apple is going to nearly double at today’s price. Is he being realistic? Shares of Apple (AAPL) have had a good week, rising 6 percent and outperforming the broader market. Much of the advance came on Monday, when the tech giant’s stock reversed a ...
Stocks were struggling Thursday as investors weighed tepid economic data and focused on buying beaten-down stocks as the S&P 500 stock index has fallen more than 5 percent so far this month. Earlier, data showed demand for long-lasting U.S. manufactured goods rose less than expected in April while weekly jobless ...
U.S. retail sales for March shot up 0.8 percent, sharply higher than the forecast, according to the Commerce Department. But Apple shares dropped, weighing heavily on the Nasdaq index. Some investors have been watching a trend line in Apple’s meteoric rise this year and said it was broken on Monday ...
(MONEY Magazine) — The bursting bubbles of the 1990s and 2000s caught most of the experts by surprise. Not Robert Shiller. The Yale economist isn’t so much a forecaster as a historian of financial data. His work on the history of stocks led him to advocate a market valuation tool ...
A push into tech and banks reveals an oracle who’s bullish, but Warren Buffett may be more cautious than you think. (MONEY Magazine) — Digging into Berkshire Hathaway’s portfolio to see what Warren Buffett has been buying lately — and to gain clues as to what the world’s most successful ...
NEW YORK — Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall. Every Friday for the past couple of months, the question has hung in the back of investors’ minds: Is the stock market’s rally ...
The S&P 500 rose slightly on Friday and saw its best week in about three months as investors continued to propel equities near four-year highs. Two slightly softer economic reports curbed broader gains, keeping both the Nasdaq and Dow, which has risen for seven straight sessions, near break-even territory. Both ...
© Brendan Mcdermid / Reuters / REUTERS Traders work on the floor of the New York Stock Exchange. Stocks rose Thursday, with the S&P 500 index, a broad gauge of the market, topping the 1,400-mark for the first time since the financial crisis on a strong run of economic data.
The Fed said 15 of the 19 major banks tested passed. The Fed noted that all 19 banks are in a much stronger position than immediately after the 2008 financial crisis. Still, SunTrust, Ally Financial and MetLife joined Citi in failing to meet the test’s minimum capital requirements. The Fed ...
The world’s most valuable company has turned into a bit of a casino stock. Since Apple Inc on February 29 became only the sixth company in U.S. history to top $500 billion in market capitalization, trading has become more volatile, indicating that more investors are tracking headlines and looking ...
The Nike logo is displayed at a Nike store in South Miami. Nike Inc. shares continued a multi-month climb to hit a new high during Friday’s trading session. “You’ve got a whole laundry list of good things,” said Morningstar analyst Paul Swinand. “They are all coming together.” The world’s largest ...
Blackstone CEO Stephen Schwarzman, pictured in Switzerland in 2010, made more than $220 million last year, not including stock options. NEW YORK (CNNMoney) — It was a very good year for Stephen Schwarzman.
U.S. stocks slipped Wednesday as U.S. Federal Reserve Chairman Ben Bernanke’s comments were viewed as a bit more hawkish, but reports suggesting more improvement in the economy curbed losses. The three major U.S. stock indexes ended lower, snapping a four-day streak of gains. Still, the broader market, as measured by ...
A policy barring Twitter shareholders from selling more than 20% of their stock is causing tension in Twitter’s employee ranks. NEW YORK (CNNMoney) — While Facebook prepares to go public, Silicon Valley’s other buzzy social startup, Twitter, is doing everything in its power to stay private.
No house in the Hamptons this summer for some traders. Wall Street pay is expected to drop this year for a number of reasons. Cue the world’s smallest violin? Ahead of fourth-quarter earnings reports from major banks, compensation at 34 big financial firms in 2011 is projected to plummet.
The stock market’s rebound from the financial crisis three years ago has created a potential windfall for hundreds of executives who were granted unusually large packages of stock options shortly after the market collapsed. Now, the corporations that gave those generous awards are beginning to benefit, too, in ...
