RadioShack Statement on Balance Sheet
CNBC’s Brian Sullivan reports on RadioShack’s statement in response to speculation of bankruptcy.
Schneider/Invensys – a good fit
Invensys, long subject to takeover rumours, has received an approach from Schneider Electric that values the engineering group at £3.3bn. Lex’s Oliver Ralph and Nikki Tait discuss whether Schneider has offered enough to discourage rival bids.
Cramer: Dark Skies Looming Over Big Banks
Cramer is getting nervous about the big financials.
Top ‘Bernanke Bounce’ Trades
The markets saw a broad rally across Wall Street today. Some sectors bounced after Bernanke said “he is in no hurry to raise rates.” David Gerstenhaber, Argonaut Capital Management, shares his top trades now.
Elizabeth Warren, (D-MA), defends the 21st Century Glass-Steagall Act, her bill designed to rein in too-big-to-fail banks.
Plosser: Fed Should Wind Down QE by Year End
The Fed should completely drop QE by the end of 2013, a Fed official said.
Hold ‘Em or Fold ‘Em: TJX & Lockheed Martin
TJX Companies has rallied 23 percent this year, and investors keep flocking to Lockheed Martin. Hold these stocks, or fold ‘em?
Wells Fargo Reports 20% Profit Rise in Q2
“I think Wells Fargo reported a great quarter,” said David Hilder, Drexel Hamilton analyst, providing perspective on the big bank’s earnings beat, as shares slipped before the opening, following the news.
Elizabeth Warren, You Can’t Prevent the Past
Both sides of the debate over Elizabeth Warren’s 21st Century Glass-Steagall Act are missing the point.
Seven Dead as Train Derails in Paris
A train carrying 400 passengers derailed outside Paris today and crashed into a station, killing 7 and injuring dozens more. The cause of the crash is under investigation.
Your First Move for Friday
The Fast Money traders share their final trades of the day.
In this excerpt from her “Squawk Box” interview, Senator Elizabeth Warren (D-Mass.) explains the thinking behind her efforts to break up big banks.
Boeing shares dropped sharply after a fire broke out on a Dreamliner 787 in London.
The Sound of Breaking Glass-Steagall Act
“For the life of me, I do not understand… why anyone would want to recreate the very companies that caused the past financial crisis,” declared Dick Kovacevich, former chairman & CEO at Wells Fargo, sharing his views on breaking up big banks and the future of financial institutions.
Buy, Sell or Hold Microsoft?
Coal stocks are topping gains in today’s trading session, with the “Fast Money” traders; and what to make of Microsoft’s restructuring, with Colin Gillis, BGC.
Trius CEO: FDA Is Incredibly Helpful
Trius Therapeutics CEO Jeff Stein discusses the support for his company’s antibiotic drug Tedizolid, and the state of the biotech industry.
You Tweet It, We Trade It!
“Fast Money’s” Guy Adami discusses whether he is still bearish on Restoration Hardware; and how to play gold, Electronic Arts and other stocks requested on Twitter now.
Investors pumped a net $8.4 billion into U.S. ETFs for the week until July 10, the highest inflows since early-January, according to new data from research tracker Lipper.
Will they make the economy more stable or destroy economic growth?
Fitch on Friday cut France’s credit rating to AA-plus on an uncertain economic outlook.