Some of the names on the move ahead of the open.» Read More
Kraft Foods rallied by 6.9 percent to close at $31.33, the day after Warren Buffett's Berkshire Hathaway revealed it has accumulated an 8.6 percent stake in the company, becoming Kraft's largest shareholder. That's the biggest one-day percentage gain ever for Kraft, which began trading on the NYSE in 2001.
Huh? Import prices from China rose 0.8 percent for the month. How did that happen? As one trader noted, "The days of importing deflation from China is over." Futures were also down as the February NY Fed survey was negative 11.7, the weakest since May 2003.
Friday's markets will likely continue to be vulnerable to credit worries. There are a few economic data points including import prices and the Empire State survey, both at 8:30 a.m. TIC data from the Treasury is released at 9 a.m. and industrial production comes out at 8:15 a.m. Consumer sentiment is due at 10 a.m.
The Discover Card’s Third Annual Valentine’s Day Shopping Survey reveals the way to someone’s heart is through their stomach. Here are some companies that you may love this Valentine's Day...
Food and soup maker Campbell Soup said Thursday it agreed to sell its Godiva Chocolatier business to Yildiz Holding, which is the owner of Turkish food company Ulker Group, for $850 million.
Stocks closed sharply lower after a brokerage downgrade of Citigroup sparked concerns that there may be more mortgage losses to come, raising doubts about the outlook for the economy.
Campbell Soup posted lower quarterly profit Monday, hurt by higher costs and lower U.S. soup sales, but affirmed its full-year forecast.
Tighter food regulations under consideration could benefit consumers and companies alike, as Congress looks to help the industry through a crisis in confidence driven by a spate of high-profile recalls.
Sometimes a stock is hot and other times it just burns. Following are the Fast Money misfires.
Stocks ended the holiday-shortened week lower as surprisingly weak monthly employment report sparked worries of a U.S. economic recession. The Dow Jones Industrial Average posted a weekly loss of 1.7%, the S&P 500 fell 1.3% and the Nasdaq Composite declined 1.2%.
Stocks closed higher on strong economic data, but gains were limited because of uncertainty whether the Federal Reserve will cut interest rates. "Today the data was great--the ISM, retailer sales--but tomorrow it might not be," said Stephen Porpora, managing floor broker at William O'Neil.
Campbell Soup on Thursday said its earnings rose 39 percent for the fourth quarter, versus results a year ago that reflected costs related to sales of some European operations. But its profit from continuing operations fell 37 percent in the latest quarter.
Swiss chocolate maker Lindt & Spruengli is considering buying Campbell Soup's Godiva Chocolatier brand, its chief executive told the Financial Times Deutschland newspaper.
Progressive, Perini, Titanium Metals, Coach and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Campbell Soup is putting its chocolate business Godiva up for sale to concentrate on its baked-snacks businesses.
U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.
Struggling Dutch computer services firm Getronics said on Tuesday a U.S. company was interested in buying it, sending Getronics shares up as much as 16%.
The recent wave of M&A and private equity has missed the larger packaged food manufacturers, but the sector remains on the radar screen of private equity players, who could be poised to begin a new round of deal-making.
Raytheon said a consortium it is leading in collaboration with Computer Sciences Corp has been chosen to oversee the US Army's live, virtual and constructive training operations and support systems worldwide.
Retail investors looking to jump back into the stock market may find it difficult to find out where to even begin given the wealth of mutual funds and ETFs out there. And even those comfortable with fund-based portfolios may want to explore the field of individual stocks, which are riskier than fund but also potentially more rewarding.