A full-scale crisis hit the world's financial system last fall, but for E*Trade Financial (ETFC) by that point it was old hat. A crisis of confidence began for E*Trade a...
Biotech stocks are supposed to be volatile, but yesterday’s move in Dendreon (DNDN) was a bit much. In a matter of minutes, the biotech stock fell 70%, from 25 to...
Which 'flation camp are you in? Most of the 50 advisers and analysts I interviewed for a story about 'flation in the most recent issue of BusinessWeek think the U.S....
Which way is the economy heading next? Is it inflation, deflation, and stagflation? Overwhelmingly, most of the 50 advisers and analysts I interviewed for a story about 'flation in the...
The U.S. Treasury today releases the methodology for its "stress test" of major U.S. banks, but the full results may not be known until May 4. The results matter to...
If you're enrolled in a 529 college savings plan, you're probably feeling some angst when looking at the plans' performance given the market's horrible returns last year. "Unfortunately, the past...
Bank of New York Mellon (BK) slashed its dividend 63% on Apr. 21. It's a story financial sector investors have heard before. By now, nearly every major bank has cut...
Interesting move by PepsiCo (PEP) to buy the outstanding shares it didn't already own of its two major bottlers, Pepsi Bottling Group (PBG) and PepsiAmericas (PAS). While the pundits debate...
To paraphrase Joan Baez, where have all the active managers gone? During the five-year market cycle from 2004 to 2008, the S&P 500 outperformed 72% of actively managed large-cap funds,...
By Mara Der Hovanesian In the ‘hold on there a minute’ department: Citigroup’s (C) lower-than-expected loss in the first quarter offered a glimmer of hope for the bank and the...
Apropos of one of my colleagues' posts yesterday on the future of retail, now comes news that mall giant General Growth Properties (GGP) has filed for bankruptcy protection. The company's...
By Kyle Shen The slowdown in consumer spending cut many retail stocks in half in 2008, but retailers have seen a surprising rally recently. Many of the worst-performing stocks of...
I must admit that when my kids turn the dial to the popular Disney Channel show "Hannah Montana," I make my excuses and hurriedly leave the room. But the show...
Well, say what you want about Pulte Homes (PHM) CEO Richard Dugas but don’t accuse him of buying high. Sure, offering $10.50 a share (in all-stock deal) for home building...
The banking sector has been banging its head against its recent highs and those with a bearish disposition need to look no further than Mike Mayo’s latest report, “The Seven...
Stocks are up more than 20% since early March, but many remain skeptical. Among those not jumping on the equity bandwagon are individual investors, at least according to one measure....
The most iconic building on the Boston skyline, the John Hancock Tower designed by I.M. Pei, sold at auction yesterday for $661 million to bargain hunting investors Normandy Real Estate...
Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.