Bill Ackman slams Warren Buffett's Berkshire Hathaway for investing in Coca-Cola.» Read More
285 weeks. That’s exactly how long it took Los Angeles Lakers guard Kobe Bryant to get to become the league’s most marketable player again. Sure, it’s a subjective ranking, but it’s harder to argue with a fourth, and Shaq-less, title in Kobe’s hands.
Today, Cisco and Travelers replaced Citigroup and GM on the Dow. Here is a look back at the previous 10 changes to the Dow and what happened to the benchmark in the days leading up to and following the change.
With stocks rallying for over 3 months now, dividend yields continue to fall back to Earth. Today, two new components join the Dow, one with a dividend and one without. See how the 30 companies in the Dow compare.
Sick of hearing the Kobe vs. LeBron debate in ads by Nike and Vitaminwater, Dwight Howard, a Vitaminwater spokesman himself, called the brand's chief marketing officer Rohan Oza and told him that when the Magic made the finals he wanted his own ad.
The Reuters/Jefferies CRB Index is a global commodity benchmark which tracks 19 mostly U.S. traded commodities and has led a rally in the past weeks with a year-to-date performance surpassing the S&P, currently up 10% versus 3% YTD, driven in part by a depreciating dollar and speculation of an economic recovery. Here are some stocks that are riding the commodities wave.
Wall Street is terrified of both inflation and deflation, high and low oil prices, a strong and a weak dollar. Here’s how you avoid the panic.
Those of you who know me, know I love the world of competitive eating. I'm credited with bringing the Nathan's Hot Dog Eating Contest to ESPN (I did sideline reporting for the live broadcast for two years) and I'm recognized by most of the stars of the Major League Eating tour.
Red Bull fans once hyped the popular energy drink as "liquid cocaine." They may have been on to something. The latest buzz about Red Bull is a widening controversy over whether its products actually contain traces of the illegal drug.
The Dow Industrials briefly turned positive for the year earlier this morning. WAHOO! But wait…the S&P 500 turned positive for 2009 nearly one month ago and is now up over 4.5% this year. So why the performance lag in the Dow (compared to the S&P)?
With the exit of Citigroup and GM from the Dow, new comers Cisco and Travelers bring some heft back into the index. As of Monday's close, the price weighted index is taking out $4.44 (combined price of Citi and GM) and adding in $61.41 (CSCO + TRV). Here's how this change will impact the weight of the remaining 28 stocks of the Dow.
Orlando Magic center Dwight Howard has big endorsement deals with Adidas, T-Mobile, Warner Brothers, McDonald's and Vitaminwater, but should the NBA Finals go in Orlando's favor, Howard might be the next big marketing icon.
Sick of all the bad news and in need of some good? The Mad Money host finds reasons for cheer.
Stocks capped a winning month with a 1-percent rally Friday as traders squeezed in a few last-minute trades to close out the month of May. Investors were encouraged by a jump in consumer sentiment and less-bad GDP report. Oil stocks benefited from the rise in oil prices. Dell ended higher after beating its earnings target. GM ended at 75 cents a share.
Stocks rose on Friday, capping their third straight monthly advance, as energy bulls drove the stocks market higher.
On a week dominated by GM, a weak dollar, and a rally in the commodities complex, the US markets rallied on Friday, to finish May in positive territory.
The US government will need to keep Treasurys yields as high as 4 percent in order to entice investors to buy them, Pimco co-CEO Bill Gross said.
With the Cleveland Cavaliers now down 3-1 to the Orlando Magic and the Los Angeles Lakers and the Denver Nuggets knotted at two wins apiece, the folks at Vitaminwater are scrambling to figure out how to update their Kobe vs. LeBron spot.
With U.S. deficits rising at a record pace, the possibility that America will lose its AAA investment rating is becoming more and more plausible. While this scenario far from inevitable, there is certainly concern that rising debt levels will decrease the creditworthiness of the U.S. government. The result — a weaker dollar.
Stocks finished lower Friday after a late selloff erased the day's gains. Stocks struggled to hold gains for much of the day but worries about a possible downgrade of the U.S.'s credit rating left the market on rocky ground ahead of the Memorial Day weekend.
On a week dominated by a new credit card bill and concerns over the US government debt AAA-credit rating, the markets end the week roughly flat to positive, following an abrupt reversal late Friday.