Although large employers are committed to providing their workers with health benefits now, the looming 'Cadillac' tax raises questions about the future.» Read More
CHICAGO, Sept 30- One of the most difficult terms to understand in long-term investing nowadays is "new normal." Coined by PIMCO Chief Executive Mohamed El-Erian, it means the "world of muted growth" that followed the 2008 meltdown. And although stock returns have been strong this year, down the road, the "new normal" will largely be driven by demographic forces.
**APPLE INC, Tuesday close $455.32, up 1 pct premarket. The fingerprint reader on Apple's top-end iPhone 5 S received an early thumbs up for ease of use from two influential reviewers, helping dispel concerns about the scanning technology which has been notoriously unreliable in other cellphones. **FEDEX CORP, Tuesday close $110.68, up 2.2 pct premarket.
**ADOBE SYSTEMS INC, Tuesday close $48.14, up 6 pct after market. **FIVE BELOW INC, Tuesday close $48.5, down 2 pct after market. The company said shareholders have agreed to sell 7.1 million shares of its common stock, of which 7 million shares would be sold by funds affiliated with Advent International and 100,000 shares will be sold by Five Below's executive chairman.
It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.
How everyone will deal with the effects of Obamacare in 2013.
*Adjusted EPS $0.95 vs est $0.89. *To target $300- $400 mln annually on acquisitions. Oct 26- Aon Plc's quarterly profit beat analysts' estimates as investments aimed at increasing margins at its human resources services unit helped boost profit, and the company said it planned a series of small acquisitions.
At least 20 multinationals are drawing up plans to move their regional or global headquarters to Britain over the next year after government efforts to increase the competitiveness of the UK’s business tax regime.
Take a look at some of Friday's morning movers:
Walking around the halls or sitting in on the panels, you’ll hear talk about “soft patches” and “slow motion recovery.” Not from John Rogers Jr., founder and CEO of Ariel Investments: “I’m very, very enthusiastic about the markets."
Goldman Sachs' latest "Conviction List" for the Americas, a roster of "buy"-rated U.S. stocks, highlights 11 consumer companies. TheStreet.com details the profiles, market cap, potential upside and 2011 return of these companies.
Stocks could take a breather Friday as the massive Europe-driven rally puts the market on track for its best monthly gain in 37 years.
Although employment growth ground to a halt in August, many companies and industries are still hiring. In an interview with CNBC, Matt Ferguson, CEO of CareerBuilder, detailed the companies and industries that continue to hire.
The move by Charles Schwab to offer 401(k) funds stuffed with ETFs is a challenge to the actively managed retirement funds such as those run by Fidelity Investments.
What follows is a roundup of corporate earnings reports for Friday, Feb. 4.
Insider selling has officially hit record levels, and the corporate dumping of stock isn't just in S&P 500 companies. Last week's insider selling hit an all-time weekly record of $4.5 billion, according to an insider tracking company. ...A report from TheStreet.
Stocks head into the final day of July with the best monthly gain in a year, yet July's hot performance has only sparked debate about what August will bring.
The Dow pulled off its fifth straight gain Monday, led by Microsoft. Alcoa fell.
Stocks struggled Monday as materials and banks dragged and investors were a little jittery ahead of earnings season, which kicks off after the bell today with Alcoa. Techs were the day's best performers.
It’s also worth noting that the deal has a tiered break-up fee, which is only 1.7 percent ($85 million) of the deal price for the next 50 days, before jumping to $190 million.