While stocks aren't as cheap as they were a year ago, Bill Nygren made four new portfolio additions.» Read More
General Mills said it has stopped using genetically modified ingredients in its Cheerios as the U.S. branded foods manufacturer hopes the move will firm up customer loyalty.
Companies are trying everything from deploying moderators to forcing people to use their real names in order to restore civil discourse.
*Expects 2014 profit at low end of $2.87- $2.90/ shr forecast. Dec 18- General Mills Inc reported lower-than-expected quarterly earnings as ingredient costs rose and U.S. sales of its ready-to-eat meals and frozen foods fell, and it said full-year profit could come in at the low end of its forecast.
The Fed's surprise decision to slow down its bond buying program was greeted by markets as a sign the economy is improving, a longer term bearish omen for bonds but a positive for stocks for now.
Some of Wednesday's midday movers:
NEW YORK, Dec 18- U.S. stocks were little changed on Wednesday ahead of the Federal Reserve's last policy announcement of the year, which might determine the immediate future of its current program to stimulate the economy. Fed Chairman Ben Bernanke will follow the announcement with his final news conference at the helm of the U.S. central bank about 2:30 p.m..
*FedEx results miss Wall Street estimates, shares dip. *Lennar shares up after results; Jabil slides on outlook. Fed Chairman Ben Bernanke will follow the 2:00 p.m. EST announcement with his final press conference at the helm of the U.S. central bank at 2:30 p.m..
Companies are making headlines before the bell Wednesday:
*FedEx results miss Wall Street estimates, shares dip. Fed Chairman Ben Bernanke will follow the 2:00 p.m. EST announcement with his final press conference at the helm of the U.S. central bank at 2:30 p.m..
*Expects 2014 profit at low end of $2.87- $2.90/ shr forecast. Dec 18- General Mills Inc reported lower-than-expected quarterly results as ingredient costs rose and U.S. sales of its ready-to-eat meals and ice cream fell, and it said full-year profit could come in at the lower end of its forecast.
U.S. stock index futures ticked up ahead of the much-anticipated outcome of the U.S. Federal Reserve's final policy meeting of the year.
Dec 18- Food company General Mills Inc reported lower-than-expected quarterly results due to higher cost of ingredients and a fall in sales in its U.S. retail business.
Cramer worries these blue chip stocks could leave you holding the bag. He doesn't want that.
It should be a slightly more hawkish Ben Bernanke presiding over his final meeting, even though many Fed watchers say odds are against a taper.
Traders are widely divided on what the Fed will do next week, which raises the odds for a volatile market reaction.
"Dilbert" creator Scott Adams visited this week, bringing custom characters for hosts Joe Kernen, Becky Quick and Andrew Ross Sorkin.
America's iconic investor will still be at the helm of Berkshire Hathaway next year, we predict. And his target list could include a very well-known name.
Some of the names on the move ahead of the open.
NEW YORK, Nov 8- Microwave popcorn makers could face a long and difficult task ridding their snacks of trans fats, if a U.S. Food and Drug Administration proposal to ban the additives goes into effect.
BOSTON/ WASHINGTON, Nov 7- The U.S. Food and Drug Administration on Thursday proposed banning artificial trans fats in processed food ranging from cookies to frozen pizza, citing the risk of heart disease. Reducing the use of trans fats could prevent 20,000 heart attacks and 7,000 deaths from heart disease a year, the FDA said.