Stocks shrugged off a surprising decline in consumer confidence from the University of Michigan (or was it Ohio?) to finish higher Friday on light volume and end a second successive winning week. Dis

The US wireless industry is shrinking. Or maybe it’s growing. It all depends on which wireless giant you have on speed dial.The highly competitive mobile industry seems to be producing a tricke

The pink slips have been handed out, the severance checks cashed, and the farewell drinks consumed. Everyone has offered their condolences to those who were let go, yet you’re still here, reeli

The S&P 500 fell for a fourth straight session -- its steepest drop since October 1st -- ensuring a close below the 50-day moving average as a 12% jump in the VIX had investors holding their

This Thursday, Maryland-based network-equipment company Ciena (CIEN) is due out with its third-quarter earnings. So prior to that, I wanted to weigh in with some thoughts about the overall situa

The S&P 500 has gained about 2% this year, but a handful of winners have more than doubled in value. The downside: Some of the stocks were beaten down and benefited from a dead-cat bounce, while

Editor's Note: The following article was written by Raymond James Chief Investment Strategist Jeff Saut. It has been reproduced with permission for the benefit of the Minyanville community.Investing

Equity markets had their biggest rally this year after Federal Reserve Chairman Ben Bernanke outlined steps to fix the banking industry in a morning address. His remarks, delivered to the Counci

What a day it was for the market. Turnaround Tuesday definitely lived up to the hype.Citigroup (C) came out and said they had 2 profitable quarters through the first 3 months of this year; all the ba

The stock market is on a tear this morning on the heels of a statement by CEO Vikram Pandit that Citigroup (C) has a profit for the first 2 months of 2009. In a letter sent to employees Monday,