Will Americans keep buying brands like Cheerios, Progresso and Yoplait if rising commodity costs force General Mills and its rivals to keep raising prices? Some investors Wednesday showed they aren't willing to stick around and find out.
Stocks extended losses Wednesday amid a plunge in new home sales, news of a bus explosion in Jerusalem, and as the crisis at the tsunami-hit nuclear power plant north of Tokyo continued. BofA skidded, while Alcoa gained.
Even as food prices continue to climb, the following consumer staple companies should still have pricing power, said Jonathan Feeney, senior analyst at Janney Capital Markets.
Traders are expecting the Portugese parliament to reject a government austerity measure, which means the minority Socialist government is likely to collapse and that Portugal will follow Greece and Ireland in seeking an EU bailout.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
Here's what you should be watching Wednesday, March 23.
The volatility index spiked over 30 percent in the past month and pros including Russell Napier, market strategist at CLSA, and Kim Caughey, VP and assistant portfolio manager at Fort Pitt Capital Group, expect the swings to continue.
Don't get lost on the highways of investing. Here's how Cramer plans to navigate the days to come.
Stocks climbed back from the lows of the year as investors shrugged off continuing uncertainty in Japan to send stocks broadly higher. HP and Pfizer rose, while Kraft fell.
Stocks climbed to near the highs of the day ahead of the close as investors stepped back into the market to send it broadly higher after all the major indices fell to their lows for the year on Wednesday. HP and Chevron rose, while Kraft fell.
General Mills is near a deal to purchase a majority stake in French dairy company Yoplait, according to a report from Dow Jones.
The Dollar Index put in significant bottoms in early 2008, late 2009 and late 2010, forming a solid trend line. But after a violent move, its threatening to break that trend line.
February 14th is the single biggest day of the year for the chef, founder and CEO behind the eponymous Jacques Torres Chocolate mini empire of stores and cafes.
Did you see the action in Procter & Gamble on Thursday? There’s most likely more of that on the way.
As consumers shift back to buying brand-name products, Kendall Powell, the CEO of food company General Mills spacer, told CNBC Thursday that the company doesn’t want to pass the higher costs of commodities on to their customers.
Stocks closed far off the lows of the session, with the broad market ending largely flat, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day.
Stocks held slight losses before the close, after a breif stint in positive territory, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day. Caterpillar and DuPont fell, while Home Depot rose.
Expect the stock market to slowly drift higher but not make strong upward moves for the duration of 2011, said Kim Caughey Forrest, VP and senior equity analyst at Fort Pitt Capital Group and Paul Schatz, president of Heritage Capital.
Here's why you should keep a close eye on these six stocks.
Or Nucor or General Mills? If so, here’s why.