ThinkstockMartha Stewart recently flogged her book, “Living the Good Long Life: A Practical Guide to Caring for Yourself and Others,” in the pages of USA Today. Between tips on longevity, she mentioned her present…
U.S. equity markets opened higher this morning following upward revisions from the Bureau of Labor Statistics on non-farm payrolls in February and March and a larger-than-expected rise in payrolls in April (more coverage here).…
ThinkstockEver since the Federal Reserve began its first quantitative easing program in late 2008, Richmond Fed President Jeffrey Lacker has been warning that future inflation is going to run wild and doom us all.…
ThinkstockThe Clinton Group, a hedge fund with a stake of slightly more than 1%, succeeded last night in electing four of its nominees to the board of Stillwater Mining Co. (NYSE: SWC). Among the…
TwitterThis weekend will mark yet another annual shareholder meeting for Berkshire Hathaway Inc. (NYSE: BRK-A). Warren Buffett has even started to use Twitter to kick off what is often called The Woodstock of Wall…
ThinkstockThe completion of the $76 billion merger yesterday between Glencore International plc and Xstrata plc created a new company called Glencore Xstrata plc with 190,000 employees scattered in 50 countries. One of the first…
courtesy of The Coca-Cola CompanySuccessful companies frequently rely heavily on just one product for the majority of their sales and profit. That’s true for some of the most iconic brands, including Coke, Marlboro and…
Chemed Corp. (NYSE: CHE) is a very strange company. Imagine owning the Roto Rooter drain cleaning and plumbing company AND owning a for-profit hospice provider. Now a Department of Justice suit against the company…
ThinkstockToday’s big news on top of a record for the DJIA and S&P 500 was the drop in unemployment to 7.5% and the better-than-expected payrolls of 165,000. Now we have the Institute for Supply…
The Dow Jones Industrial Average has just hit a new milestone: DJIA 15,000! The move is on the heels of a weak earnings season, as far as revenue growth, but a better-than-expected unemployment report.…
ThinkstockWhen Dish Network Corp. (NASDAQ: DISH) put in its bid of $25.5 billion for Sprint Nextel Corp. (NYSE: S), there could be little question that the satellite TV provider was serious about its long-term…
ThinkstockUnited States Cellular Corp. (NYSE: USM) is the “forgotten about” cellular carrier as it is not all over the country but a small player with 5.7 million customers in 26 states, compared to the…
courtesy of Apple Inc.Apple Inc. (NASDAQ: AAPL) made news this week with a record $17 billion corporate bond offering. What is so different about this offering is that it is meant to fund its…
As the stock market keeps hitting new highs, the spreads of high-yield bonds and junk bonds has been narrowing and narrowing. We even recently highlighted that these spreads were reaching what submariners would call…
Ed Brown, via Wikimedia CommonsThe Labor Department is out with the April Employment Situation Report, and it is a report that the market will view positively. Some are going to question the unemployment rate…