Bill Ackman slams Warren Buffett's Berkshire Hathaway for investing in Coca-Cola.» Read More
With so much of the beverage industry's growth coming from product categories that barely existed a decade ago, it's no wonder everyone is continuously looking for the next big thing. Coca-Cola and PepsiCo have gotten adept at snatching up some of these brands after they have successfully tested their concept in the marketplace. That's ruffling a few feathers among the independent bottlers.
With the Orlando Magic winning Game 1 of the Eastern Conference Finals, sports fans have come to understand that it is mathematically possible that the Cleveland Cavaliers and LeBron James won’t make it to the title matchup.
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.
Pershing Square Capital Management LP's William Ackman is waging a proxy fight against Target Corp. to replace four of the company's independent directors with four of his loyalists and himself. Ironically, Ackman is attacking Target's three greatest strengths: governance, integrated merchandising, and value creation. Ackman has chosen the wrong Target.
“It almost feels like the press is trying to keep you from making money. Every story I read, no matter what it’s about, the spin is negative.” Cramer said.
Cramer highlights an interesting opportunity in banking, expresses concern over a weaker dollar, and lays out a game plan for the release of Palm’s new smart phone.
Former Coca-Cola Chairman and CEO Neville Isdell says he's watching PepsiCo's attempt to buy its two largest bottlers with great interest, but he wouldn't suggest Coke tread down the same path.
The economy may be down, but sales growth is still brewing at Honest Tea. We talked with CEO Seth Goldman about what's driving his results.
All major U.S. Indexes ended down 3% or more for the week, led by a pullback in Financials, an unexpected dip in April retail sales, and downbeat jobs data, ending the NASDAQ's 9th-consecutive week rally.
Even though Warren Buffett always says he likes stocks more when they're cheaper, he didn't do a lot of buying as Wall Street's major indexes fell to their bear-market lows (so far) in early March. Berkshire Hathaway's first quarter stock portfolio snapshot shows no blockbuster buys. A few stakes did, however, get bigger during the first three months on the year.
Product placement in movies and TV shows has become commonplace. Usually it's a casual shot that blends into the scenery, sometimes it's a little more obvious...and occasionally it hits you in the face. That was the case last night when I was being a couch potato watching the season finale of ABC's "Grey's Anatomy" on TiVo last night.
Stocks gained Thursday as investors returned to financial and technology shares on bets the recent rally could have more room to grow after a brief pullback.
With stocks rallying for over 2 months now, dividend yields continue to fall back to Earth. The average dividend yield of the Dow 30 has fallen nearly 30% since the rally began in early March. See how the 30 companies in the Dow compare.
Comments made by Intel CEO Paul Otellini after hours could be bullish for stocks.
The recession is likely to continue throughout the year, but valuations for stocks are looking attractive right now, said Jack Liebau, president and portfolio manager at Liebau Asset Management.
In yesterday's extension of the current rally, three more Dow stocks crossed above their 200-day moving averages. There are now seven stocks on the Dow above this technical threshold.
Today, the folks at Coca-Cola announced that its Sprite brand would launch the first-ever slam dunk showdown. The contest will look for the best amateur dunker across America. The competition will culminate at the NBA All-Star Game in Dallas, where four finalists will compete for the crown, and the company says that LeBron James will help choose the champion.
Warren Buffett says this morning all the candidates already identified to replace him as Berkshire Hathaway CEO already work for the company. Buffett tells Bloomberg TV, "There is no reason to go outside. All the candidates are inside." He also says he doesn't need the government's 'stress tests' to help him assess his bank holdings.
Warren Buffett's good friend and philanthropy partner, Bill Gates, says he's made a lifelong commitment to protect Berkshire Hathaway's culture and values after Buffett is no longer running the company.
Bailouts, bonuses and bad business behavior all combined to erode the overall reputation of corporate America to its worst standing in 10 years, according to a new survey by Harris Interactive.