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This is a live blog from The Apple Worldwide Developers Conference 2009 at the Moscone West in San Francisco.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
Our traders are good but you knew that! Check out their latest picks that paid in a regular feature we call "Quicker Than The Ticker."
The media, including myself, has been buzzing about the ongoing doom and gloom for the advertising industry as automakers continue to pull back their marketing spend. But now we're hearing about some green shoots (if you will) for auto ads.
Sick of hearing the Kobe vs. LeBron debate in ads by Nike and Vitaminwater, Dwight Howard, a Vitaminwater spokesman himself, called the brand's chief marketing officer Rohan Oza and told him that when the Magic made the finals he wanted his own ad.
Those of you who know me, know I love the world of competitive eating. I'm credited with bringing the Nathan's Hot Dog Eating Contest to ESPN (I did sideline reporting for the live broadcast for two years) and I'm recognized by most of the stars of the Major League Eating tour.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
With the futures up this morning, be on the watch for a technical milestone this week. Both the S&P and the Dow Jones Industrial Averages are poised to cross over their 200-day moving averages.
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
Is there a connection between Warren Buffett and Carl Fredricksen? Buffett is a 78-year-old billionaire and financial sage who flies in a private jet when he leaves his Omaha home. Fredricksen is a 78-year-old balloon salesman who takes his midwestern home with him when he goes flying. They're both characters, but Carl is fictional.
Blending action and racing, the game pits you against a collection of stunt drivers and racers in a reality TV competition. The plot of the game, though, is fairly irrelevant. The fun lies in driving at insane speeds and wreaking havoc.
Why does the federal government remain in the business of telling cable systems what networks to carry?
If you think this awful economy is awful for everyone, think again! Cash strapped consumers are triggering good times for at least one industry.
Anybody I’m connected with on Twitter or Facebook has surely noticed me giving lots of character-love to the online charity event Tweet to ReMIND, which hits fever pitch now as we approach Memorial Day Weekend.
This fall ABC is launching a new show with Courtney Cox called "Cougar Town." Courtney was one of my favorite "Friends" stars and cougars are certainly a hot cultural phenomenon. Could cougars be five minutes ago by the time the show premieres? Perhaps. But maybe ABC has a hit on its hands. New TV shows are always a roll of the dice. And so is Johnson & Johnson's journey into "Cougar Town."
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.
Experts Jason Pride at Haverford Investments, and Barry James of James Advantage Funds shared their outlook for the economy.
Rachel Alexandra’s win in the Preakness means that we’ll have another year without a Triple Crown. So many believe that Belmont and ABC's most marketable play is to hope that the fabulous filly comes back for the third leg in New York in a couple weeks.