General

The Week Ahead: Tiffany, Avago Technologies and The Fresh Market Report Earnings; Key Economic Data on Tap

Scott Rubin — Sat, 25 May 2013 00:38:33 +0000

The final week of May will be critical for the markets as volatility hit a number of regional stock indices this week, although the United States was largely spared.

For the week, the S&P 500 lost a little better ...

Consumer Reports Crowns New Airline Highest in Customer Satisfaction

Tim Parker — Fri, 24 May 2013 15:19:23 +0000

First, Consumer Reports gives Tesla (NASDAQ: TSLA) its highest ranking ever and now it is placing a new name at the top of its best airlines list. Is Consumer Reports getting soft ...

MillerCoors CEO Tom Long On The Evolving Beer Industry

Jason Cunningham — Fri, 24 May 2013 14:17:55 +0000

Tom Long, Chief Executive Officer of MillerCoors, appeared on CNBC's Squawk Box to talk about the longtime summer tradition of drinking beer. The conversation ranged from the happenings of MillerCoors to legislation around ...

Unilever's Kees Kruythoff Talks Magnum Prospects In The Ice Cream World

Jason Cunningham — Fri, 24 May 2013 13:15:41 +0000

Kees Kruythoff, President of Unilever's (NYSE: UN) North American division, appeared on CNBC's Squawk Box to talk ice cream. Of the company's over 400 brands, ice cream is one of ...

Google and Facebook Going to War Over Mapping App

Jim Probasco — Fri, 24 May 2013 12:43:18 +0000

A bidding war between Google (NASDAQ: GOOG) and Facebook (NASDAQ: FB) may be about to erupt, according to Bloomberg.

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Market Wrap for Thursday, May 23: Wall Street Shrugs Off Global Slump

Scott Rubin — Thu, 23 May 2013 20:30:42 +0000

Thursday's trading session may have been the most glaring example of just how powerful the bull market in U.S. stocks is right now. Even though all of the major averages closed slightly lower on the day, the U.S. market ...

NOAA: 2013 Hurricane Season to be 'Extremely Active'

Tim Parker — Thu, 23 May 2013 18:21:49 +0000

Much of the east coast was hoping to hear that the 2013 hurricane season would be tame but according to a report released by Colorado State University and sponsored by the National Hurricane ...

Ford and Fellow U.S. Automakers Winning Market Share Battle

Jim Probasco — Thu, 23 May 2013 16:28:26 +0000

Demand for cars and trucks is up. U.S. automakers have noticed and are responding. Bloomberg noted Wednesday that number two U.S.

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Rep. Eric Cantor Wants Answers From The IRS

Jason Cunningham — Thu, 23 May 2013 14:14:38 +0000

Rep. Eric Cantor (R-VA) is seeking answers for the abuse of power in the Internal Revenue Service targeting scandal, which has brought on multiple congressional investigations and hearings. On Wednesday, Lois Lerner, the IRS official who was ...

Sen. Ron Johnson Would Abolish The Tax Code

Jason Cunningham — Thu, 23 May 2013 13:46:25 +0000

Sen. Ron Johnson, (R-WI), appeared on CNBC's Squawk Box on Thursday morning to discuss his outlook on the hearing and the current tax code. Johnson is one of members of the congressional subcommittee that heard testimonry from Apple ...

Saks and Neiman Marcus Merger at the Rumor Stage

Jim Probasco — Thu, 23 May 2013 12:50:50 +0000

According to The Wall Street Journal, high-end department store, Saks Inc. (NYSE: SKS) has hired Goldman Sachs Group Inc. (NYSE: GS) to look into a possible ...

Southeastern Asset Files Commentary on Dell's Q1 Results, Highlights 'Incomplete Understanding of Software Business Clouding Market Expectations'

Paul Quintaro — Wed, 22 May 2013 21:04:25 +0000

Observations on Dell's Fiscal First Quarter Earnings Results May 22, 2013

As long-term shareholders of Dell, we closely ...

Market Wrap for Wednesday, May 22: Stocks Pullback As Bernanke Says Bond Buying Could Slow

Scott Rubin — Wed, 22 May 2013 20:19:04 +0000

In Congressional testimony on Wednesday, Federal Reserve Chairman Ben Bernanke said that the central bank could begin winding down its $85 billion-per-month bond-buying program at one of its "next few meetings."

Minutes from the May FOMC meeting, ...

Worldwide LED Tube Light Shipments to Reach 220 Million in 2013

Jim Probasco — Wed, 22 May 2013 20:16:09 +0000

DigiTimes Research said Wednesday that LED tube lighting shipments in 2013 would account for 5.5 percent of the entire lighting market globally.

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These Ridiculous Facts About the Coffee Industry Will Blow Your Mind

Alex Biles — Wed, 22 May 2013 16:45:30 +0000

Courtesy of data from the International Coffee Organization, the folks over at FinancesOnline.com have put up a slick infographic with a bounty of interesting facts and figures about the coffee industry.