Finance

Najarian: Buy this airline stock on the move

Scott Mlyn | CNBC Passengers at an American Airlines gate at the Dallas/Fort Worth International airport in Dallas. CNBC” Halftime Report” trader Jon Najarian purchased shares ofAmerican Airlines Group on Friday for his model portfolio after spotting unusual options activity. The company, which owns the American Airlines and US Airways brands, operates 6,700 flights a day to 339 destinations in ... Read More »

Cramer game plan: Retail earnings ready to run

Amid the market’s new-found stability and less volatile environment, Jim Cramer could finally focus on his strong suit—bottom-up analysis of stocks. “This less brutal backdrop has allowed us to analyze individual stocks and make judgments the way we used to before the beginning of this miserable year,” the “Mad Money” host said. Cramer attributed the positive backdrop to the Federal ... Read More »

‘Bad Goldilocks’ emerges as market’s worst enemy

Remember “Goldilocks,” that pristine economic condition where growth was strong but not so strong as to induce tighter Fed policy? Well, now meet her evil twin. This is the new state of affairs in the U.S., where growth isn’t strong enough to inspire much confidence but not weak enough to induce easing from the U.S. central bank. It’s an uncomfortable ... Read More »

Mortgage applications eke out 0.2% gain

It is fast becoming a tale of two mortgage markets, as interest rates move sideways and refinances dry up. Total mortgage application volume increased 0.2 percent last week on a seasonally adjusted basis, according to the Mortgage Bankers Association. Volume is 20 percent higher than the same week one year ago. Jeff J Mitchell | Getty Images There is now ... Read More »

‘Bad Goldilocks’ emerges as market’s worst enemy

Remember “Goldilocks,” that pristine economic condition where growth was strong but not so strong as to induce tighter Fed policy? Well, now meet her evil twin. This is the new state of affairs in the U.S., where growth isn’t strong enough to inspire much confidence but not weak enough to induce easing from the U.S. central bank. It’s an uncomfortable ... Read More »

A vexing question for Watson: Why is IBM surging?

Here’s a vexing question for artificial mega-brain Watson: Why is IBM stock surging? Big Blue’s market value rose about $6 billion after the computer giant agreed on Thursday to buy Truven Health Analytics for $2.6 billion. Giving IBM’s artificial-intelligence platform more data to chew on is useful, but investors’ glee over an opaque addition to an enigmatic business effort is ... Read More »

Maruti Suzuki S-Cross Zeta limited edition launched at Rs 9.5 lakh

Maruti Suzuki had showcased a limited edition of the S-Cross crossover at the Auto Expo 2016 last month. This car gets exclusive cosmetic upgrades for personalisation and has finally reached dealerships at an ex-showroom price of Rs 9.5 lakh. This special edition is based on the DDiS 200 Zeta variant of the S-Cross. The cosmetic changes on the exterior include ... Read More »

Don’t panic about market volatility: Jack Bogle

Don’t panic and don’t worry about calling a bottom, Jack Bogle, founder of the Vanguard Group, told CNBC’s “Power Lunch” on Wednesday. Bogle told CNBC in January that investors should stay the course in this volatile market. While he said Wednesday that there are no guarantees in the stock market, he urged investors to not exit the market when it’s ... Read More »

‘Simple’ data is the key to economy: UBS economist

Upbeat economic data haven’t made for upbeat markets in 2016. Much of the focus, according to Drew Matus, deputy chief U.S. economist at UBS, has been on GDP. But his key to the U.S. economy is diving into “simple data” like weekly jobless claims. “If claims don’t go up, nothing bad is happening,” Matus told CNBC’s “Worldwide Exchange” on Thursday. ... Read More »

Should you be worried about Activision?

Activision-Blizzard broke an incredible streak Thursday when it reported its disappointing fiscal fourth-quarter results. For the first time in 10 years, it missed its revenue guidance, said Michael Pachter of Wedbush Securities. And if it hadn’t been for a congressional decision in December to reinstate investment tax credits for increasing research spending, it would have missed its earnings per share ... Read More »