Big business blunders, then and now
The corporate fumbles that recently put Netflix, B of A and MF Global in the news make you wonder who thought those were good ideas. But how do they compare to historically bad calls like New Coke?
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[BRIEFING.COM] S&P futures vs fair value: +6.80. Nasdaq futures vs fair value: +18.70. The stock market is on track for an upbeat open with futures on the S&P 500 trading just below their best levels of the morning (seven pts above fair value). Futures held slim gains during the early part of the night, but climbed to highs shortly after markets in Europe opened for business. Like U.S. futures, European markets trade near their best levels of the day with earnings in focus. ... More
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