Any investor old enough to remember the notorious Dow decline of 508 points on Black Monday — Oct. 19, 1987 — is probably old enough to recall The Golden Girls, name all four Beatles and know that a plummeting Dow Jones Industrial Average spares no world markets when it falls into a rapid, ruinous spiral. […]

Billionaire Saudi investor Prince Alwaleed bin Talal said Monday he’s bullish on Citigroup shares, arguing that they are “still below book value.” Shares of Citigroup have risen nearly 50 percent over the past 12 months as the banking sector continues to pick itself back up after the financial recession. They closed Friday at $73.53. “I’m […]

Check out which companies are making headlines before the bell: Hasbro – The toymaker earned an adjusted $2.09 per share for its latest quarter, 15 cents a share above estimates. Revenue also beat forecasts. Hasbro’s results were helped by strong demand for My Little Pony and Transformers toys. Hartford Financial – The insurer bought Aetna’s […]

After John Flannery, General Electric’s new CEO, saved his company’s stock by giving a candid interview on its “horrible” state of affairs, CNBC’s Jim Cramer gained some renewed hope. “John Flannery … can fix this very broken company. He can fix it because he’s willing to admit from the get-go that GE’s been very poorly […]

When CNBC’s Jim Cramer first recommended Callaway Golf and Dick’s Sporting Goods as ways to invest around golf a little over a year ago, he wasn’t entirely sure where the industry would go. “At the time, the conventional wisdom held that golf was dead, but I thought we were seeing some green shoots and there […]

When the broader market is strong, sometimes CNBC’s Jim Cramer likes to zoom in on specific companies to review what they’re doing right. On Friday, Cramer turned to Honeywell, the massive industrial conglomerate manufacturing aircraft engines, climate control systems, security equipment and other specialty products. “Honeywell’s stock has roared up over 25 percent year to […]

Veteran investor Bill Miller joined other prominent fund managers in declaring his own bullish views on the stock market. “The global economy has now entered a synchronized expansion for the first time in many years, and the usual macro fears are largely absent,” wrote Miller on Wednesday. Synchronized expansion means economies around the world are […]

Bitcoin surged 5 percent to a record high on Friday as it approached $6,000. The cryptocurrency traded at $5,986.37 as of 11:27 a.m. in New York and was 74 cents shy of reaching $6,000 according to CoinDesk. Bitcoin notched its record just a day after briefly plunging 8.7 percent amid fears of greater scrutiny from […]

General Electric‘s quarterly earnings results were a “disgrace,” but new CEO John Flannery will turn things around, CNBC’s Jim Cramer said Friday. Shares of GE fell more than 8 percent at one point in Friday’s premarket, its worst drop in more than eight years, after it reported a huge third-quarter miss. It was down about […]

Investors will have to wait until next month to find out whether General Electric will cut its dividend yield, the company’s chief executive said Friday. “The process we’re going through, the final completion of our analysis of everything going on in the company, we’re going to present that” on Nov. 13 at GE’s investor day, […]