The Federal Reserve cut the fed funds rate by three-quarters of a point, to 2.25 percent. CNBC asked the experts how investors should adjust their portfolios. Here's what they said.
It's a familiar refrain from strategists and fund managers, especially these days: Think long-term. Jensen Investment Management chairman Robert Millen and David Katz, chief investment officer of Matrix Asset Advisors, think that's the only way to go.
When the economy rebounds, where's your portfolio going to be? UBS says that's a question to answer right now. The bank released what it calls its "'New' Nifty Fifty," a list of 50 companies from around the world that can use today's troubling market conditions to position themselves to thrive when the economy rebounds. (PART 2)
It seems everyone and their mother has a Fed decision trade. An analyst at Citigroup recommends clients buy industrial gas stocks such as Praxair (PX), Air Products (APD) and PPG Industries (PPG). Find out why?
Office supplies maker Avery Dennison said on Thursday it would buy clothing label maker Paxar for $1.3 billion, in a bid to expand in the fragmented retail information and brand identification market. 1st paragraph of story should go here
French industrial and medical gases producer L'Air Liquide on Tuesday reported a 7.4% rise in net profit for 2006, mainly on cost-cutting measures.