Bill Smead, CEO & CIO of Smead Capital Management gives CNBC's Cash Flow his stock picks and tells us why he thinks the U.S. markets are due for a correction.» Read More
Total U.S. spending on ads was virtually flat in the first quarter of 2013, with a 0.1 percent year-on-year decline, while the outlook remains subdued, according to a study from Kantar Media.
Cramer gives three reasons why companies should consider mergers and acquisitions.
Stocks rallied to close near session highs Thursday, with major averages wiping out the previous session's losses, lifted by a pair of better-than-expected economic data and as investors shrugged off another steep selloff in the Japanese market.
*Retail sales, jobless claims lend support to markets. NEW YORK, June 13- U.S. stocks rallied on Thursday after three days of losses as stronger-than-expected economic data helped reassure investors concerned about the expected winding down of the Federal Reserve's economic stimulus.
NEW YORK, June 13- U.S. stocks bounced back on Thursday, with the Dow again above 15,000, as stronger-than-expected data on retail sales and the jobs market signaled the economy may be shaking off a recent soft patch. Equities had initially headed into the session looking weaker following a slump in stocks globally, especially Japan's Nikkei.
June 13- Gannett Co Inc shares soared 27 percent to a five-year high after the largest U.S. newspaper chain struck a $1.5 billion deal for television company Belo Corp, dramatically increasing TV's importance to Gannett's results. Gannett's surge nearly equaled the entire purchase price, an unusual move for the buyer in a takeover.
NEW YORK, June 13- U.S. stocks edged higher on Thursday, with the Dow back above 15,000, as stronger-than-expected data on retail sales and the jobs market signaled the economy may be shaking off a recent soft patch. U.S. equities had initially headed into the session looking weaker following a slump in stocks globally, especially Japan's Nikkei.
*Gannett jumps on news it will buy Belo. NEW YORK, June 13- Wall Street opened little changed on Thursday as encouraging economic data offset concerns over an earlier-than-expected winding down of central bank stimulus that has propelled a rally in the U.S. equity market this year.
Media giant Gannett announced on Thursday that it was merging with television station Belo, in a $1.5 billion deal that would expands Gannett's reach into broadcast.
June 13- Gannett Co Inc, the largest newspaper chain in the United States, agreed to pay $1.5 billion in cash for television company Belo Corp, with an aim to making broadcast a bigger part of the business than newspapers.
*Gannett jumps on news it will buy Belo. Merger and acquisition activity buoyed investor optimism as Gannett jumped after saying it will buy Belo for $1.5 billion. Gannett was up 23.7 percent at $24.55, while Belo climbed 27.2 percent to $13.65.
Some of the names on the move ahead of the open.
June 13- Media company Gannett Co Inc said on Thursday that it agreed to pay $1.5 billion in cash to buy Belo Corp and assume $715 million in debt, giving television company Belo an enterprise value of $2.2 billion.
USA Today boldly proclaims a "solid" bull run in the stock market ... and that has some contrary indicator watchers thinking it's time to start selling.
The earnings train is about to leave the station, with reports due Tuesday from three Dow components, some transportation names and Apple.
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.
The "Talking Squawk" blog is meant to be a funny, sarcastic look at business news through the unique "Squawk Box" lens. But it was difficult to think about anything from that viewpoint this week.
After months of speculation, the New York Times Company has announced it's looking to sell the Boston Globe and all properties that comprise the New England Media Group.
Stocks kicked off the week with sharp losses, with all three major averages posting their worst one-day performance this year, amid renewed worries over Europe and as investors took a breather after the Dow topped 14,000 for the first time since October 2007 last week.
Take a look at some of Monday's midday movers: