In her biggest gambit yet for Kraft Foods, Irene Rosenfeld just won't blink. Rosenfeld took her offer for British chocolatier Cadbury hostile on Monday, submitting to its shareholders a $16.4 billion cash and stock bid rejected as "derisory" by the company's leadership.
Smokers who switch to a low-tar, light or mild brand of cigarette will not find it easier to quit and in fact may find it harder, researchers reported on Tuesday.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
Stocks advanced Wednesday as investors were encouraged by a few earnings reports, including Morgan Stanley, Yahoo and SanDisk. The VIX, widely considered the best gauge of fear in the market, dropped to just above 20.
Earnings season continues in earnest Wednesday, as we roll on with a week that will ultimately see 25 percent of the S&P 500 report their quarterly numbers.
Especially in volatile times, dividends can be a way for investors to more effectively safeguard returns. Many publicly held corporations pay out a portion of their earnings to shareholders, giving investors a payback whether the stock price goes up or down. Cramer's Rule Number Four in his "15 Rules for Playing Defense" calls these "buffers." Calculated as a percentage of share price, dividends have the potential to be cut or changed and yields vary as share prices fluctuate. For the purposes of this report, dividend yield calculations are based on trailing dividends, so dividend cuts yet to occur have not been taken into account. In fact, the #1 company on this list announced a cut in its dividend earlier this year, from $1 to $0.75, but in all likelihood it would remain in the top spot, given its current share price.
Monday, 31 Aug 2009 | Source: The Associated Press
Two of the three largest U.S. tobacco companies filed suit to block marketing restrictions in a new law, claiming the provisions violate their right to free speech.
The Dow and S&P snapped their winning streaks Wednesday as disappointing earnings from two of Wall Street's biggest names overshadowed another round of earnings beats.
Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.
Stocks wobbled Wednesday as a slew of earnings beats, including one from Pfizer, were encouraging but disappointing reports from two of Wall Street's biggest names dragged on the market.
Warren Buffett announced that Berkshire Hathaway is going to acquire Burlington Northern in a $44 billion deal and said he is “betting on America.” Is it really the right time to bet on U.S... Read More