March 22- Shares in top U.S. packaged food companies Mondelez International Inc and PepsiCo Inc jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken stakes in each.
March 20- General Mills Inc reported better-than-expected third-quarter earnings on Wednesday after sales volume of its core brands rose for the first time in two years, a good sign for the U.S. packaged food industry. Still, Russo said General Mills has been performing better in some of its challenged businesses, including cereal and yogurt.
*Fed seen sticking to stimulus as Cyprus rekindles global risks. *Cyprus leaders make efforts to avert crisis after rejecting EU bailout.
*Fed seen sticking to stimulus as Cyprus rekindles global risks. NEW YORK, March 20- Wall Street was set for a higher open on Wednesday with investors' focus on the Federal Reserve's policy statement and news conference by Fed Chairman Ben Bernanke later in the day.
Stock index futures were higher Wednesday as investors looked ahead to the Federal Reserve's policy meeting announcement, shifting their focus from worries over Cyprus.
NEW YORK, March 20- U.S. stock index futures rose on Wednesday as the focus shifted from concerns about Cyprus's financial health to the statement from the Federal Reserve's policy committee and news conference by Chairman Ben Bernanke later in the day.
NEW YORK, March 20- U.S. stock index futures rose on Wednesday as the focus shifted from concerns about Cyprus's financial health to the statement from the Federal Reserve's policy committee and news conference by Chairman Ben Bernanke later in the day.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."