NEW YORK, Nov 21- Middleby Corp, maker of high-end kitchen appliances for both professional and home cooks, has become a new favorite of fund managers as it benefits from changing American dining habits. That push away from Big Macs has spurred Middleby's revenue growth, which hit 14 percent in its current fiscal year, and prompted 81 mutual funds, including those...» Read More
June 30- Philips is to merge its lighting components businesses into a separate unit worth up to 2 billion euros which may be listed- a major step in its ongoing strategy to refocus on healthcare and high-end lighting systems.
Under Chief Executive Frans van Houten, the Dutch company- which started out 120 years ago as a pioneer in electric lighting- has been shifting away from the consumer electronics sector in a restructuring which has involved more than 5,000 job cuts and the sale of its television business.
"We all feel strongly that something should be done and we should get on with this," said William Ruckelshaus, the first EPA chief, who served under EPA founder, President Richard Nixon, and again under Ronald Reagan.
U.S. household net worth hit a record high in the third quarter as home prices marched higher and the value of stocks and mutual funds surged.
To ease temperature-related complaints, mattress sellers have launched several new products after noticing that couples and hot flash-suffering women were having restless nights.
Graham Stock, chief strategist at Insparo Asset Management, talks about African growth opportunities, which sectors to tap into and how investors' perception is worse than reality.
Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013.
It might have a broken stock, but “Mad Money” host says it’s not a broken company.
We pulled together a list of Cramer's favorite dividend plays. Read on and pick one or two for your portfolio. They could offer just the kind of defense that you need.