Unilever PLC (NYSE: UL) is reportedly in search of a buyer for its North American peanut butter brand Skippy. The consumer goods giant has hired Lazard Ltd. (NYSE: LAZ) to help conduct…
McDonald’s Corp.’s (NYSE: MCD) board of directors approved a 10% increase in the company’s quarterly dividend on common stock, to 77 cents a share. The new dividend is payable Dec. 17 to…
The three major U.S. stock indexes opened lower this morning following mostly weak reports on European PMI (more coverage here). The reading on U.S. PMI was unchanged from last month (more coverage…
Photo by Spencer Platt/Getty ImagesThe stock market is down Thursday, with the Dow Jones Industrial Average down 0.35%, the Nasdaq down 0.58% and the S&P 500 down 0.52%. The winners included a…
This is not exactly a packed week for earnings like you would see in earnings season, but we still have many key earnings reports. We have provided previews for the following: Carnival…
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall St. research calls this Wednesday morning. Amgen Corp. (NASDAQ: AMGN) raised to Outperform at Credit Suisse. Apple…
The three major US stock indexes opened mixed this morning as markets reacted to weak PMI reports from both Germany and China (more coverage here). A flash reading on US PMI was…
Food processor ConAgra Foods Inc. (NYSE: CAG) reported fourth quarter results this morning, beating the consensus EPS estimate by one penny at $0.51 and surpassing a revenue estimate of $3.38 billion by…
The three major US stock indexes opened slightly lower this morning as markets waited patiently for an afternoon announcement from the FOMC. When the word finally came that Operation Twist would continue…
The three major US stock indexes opened slightly higher this morning as markets reacted to news of a cooperative effort by central banks to maintain liquidity in the world’s financial system (our…
Earnings season has been over for a few weeks now, but there are going to be several key earnings events in the week ahead. 24/7 Wall St. wanted to issue some brief…
The 10-year Treasury hit yet another record low under 1.6% today and stocks are in the tank again due to poor economic data. Europe continues to face a meltdown and the hope…
A stock market that sells off eight of nine days is not a good market. Even the Facebook IPO is being viewed as a one-off item rather than a systemic item which…
Blame whatever you want. A weaker U.S. economy, a weakening and flailing Europe, a move to socialism in France and Greece, a weaker BRIC and emerging market story, commodity prices and on…
