A little newsroom humor for you....
A little newsroom humor for you....
What makes a stock expensive? Or cheap?
A lot of people were asking that question this week with Apple shares rocketing past $700. On the surface it looks kind of pricey…for $700 you get one lousy share of Apple, but for the same amount of money, you could get about 30 shares of Facebook stock .
There’s been some complaints about uncertainty lately.
“I think the major thing that we all need in business is certainty,” John Chambers said on CNBC’s “Closing Bell ” as his company, Cisco Systems , cut its outlook for the year. “Businesses don't spend or react well when it's an uncertain environment, whether it's from the economy or the policy. If they understand what the issues are, then we will make decisions about where we grow our business, where we invest in resources, how much we give in dividends versus how much we do in share buyback, how much we do in acquisitions , et cetera. [It’s] the uncertainty that bothers my customers the most."
There's nothing more frustrating for an editor than having a hot news story that involves a deadly headline word.
Boy, do we have that now.
Managing Editor of CNBC.com