Some of the names on the move ahead of the open.» Read More
Unemployment hit 8.9 percent in April and some predict that number could climb to over 10 percent in 2009. But how far can this streamlining really go? See the S&P 500's leanest companies.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
The travel and leisure industry, like most industries, has taken a beating recently, but Rod Petrik of Stifel Nicolaus says one company’s misfortunes can be another's windfalls.
At the risk of offending our gracious hosts here at the Generic Pharmaceutical Association's Silver Anniversary Meeting, I wanted to talk about the seemingly incongruous venue for the event.
Producer Prices were down 2.8 percent in October, the biggest decline on record month-over-month and far more than the expectations of down 1.9 percent.
Earlier this week, we wrote about the highest yielding stocks on the Dow. The S&P 500 also has some nice yielding stocks. If you are worried about the financials being able to continue to pay thier big dividends (with Freddie Mac's big slide, its yield is now over 20%!), there are nearly 40 stocks on the S&P that are currently yielding 5% or more. Here's a breakdown.
American travelers have several forces working against them this summer: gasoline prices and airfares are edging higher, while vacationing overseas will be a lot more expensive given the sagging dollar. While those factors may keep some folks closer to home, some analysts say a beleaguered greenback may actually help profits at some lodging and leisure companies this season
Champion poker player Chris Moneymaker widens his lead in first place to more than $150K with the sale of Adtran which was up 6.16% Tuesday--as actor Willie Garson lost over $20k on Seagate Technology--which was down 1.73% Tuesday. And actor Stephen Collins decided to take time off from his acting career--to make more buys and sells than everyone on Wall Street (I'm making this last sentence up--but as you will see, it's not that far off!).
Actor Stephen Collins may have to have a trading floor of his own pretty soon. Just get a look below at the buys and sells he made Thursday for "Trading With The Stars." He sure likes to diversify and expand his portfolio. Jonathan Tucker and Chris Moneymaker keep their spots at 2 and 3. There was some movement in the standings as Judy Gold moved up to 4th from 5th--while Ernie Hudson fell from the 4th spot all the way down to 8th.