Some of the names on the move ahead of the open.» Read More
Standard and Poor's has just released the results of its twice-a-year stock screen, designed to find Warren Buffett-style stocks. The new list features several tech stocks, including Apple, as well as a number of names from Europe and Asia. But some key Buffett criteria aren't taken into account by the screen.
Wall Street has little to look for in terms of economic data Friday, but there could be spillover from Thursday's scaredy-cat markets.
Good morning everyone. Here's a look at the current standings on our finalist leaderboard--as we head into the last week of the contest. Steven Lee (pictured) holds onto first place--and he's taking a rather conservative approach by remaining all in cash and hoping that Serge Amelyan's all-in bet on Terra Industries doesn't pan out. Serge moves back into 2nd place from 4th on his Intuit trade up on strong earnings.
Good morning all. Big changes on the leaderboard for the contest finals. Steven Lee (that's his picture) jumps from 12th place on Wednesday to take the lead by gaining $182K with Acxiom Corp. which was up 18.08% Thursday. And Mary Williams continues her climb from 4th place Wednesday to take 2nd place--with another big gain on Ctrip.com that added $87K to her portfolio. Serge Amelyan falls into 4th place from first and Stephen Luchko is down in 6th place from 2nd.
Autodesk reported a 17% rise in quarterly sales due to strong revenue growth in emerging markets and new software products.
This week has been all about innovation. From MacWorld, to the Consumer Electronics Show, to the Detroit Auto Show, companies from every corner of the market are trying to show the world that they are ahead of the technology curve. For the tech sector, the question is how to turn gadgets into real growth. Vince Gallagher – portfolio manager at Needham Growth Fund – was a guest on “Squawk on the Street.”