The most likely scenario is that the markets will begin to rise from here -- and that bounce is just beginning to take hold.
VIDEO ON MSN MONEY
A jittery Europe, a slowing China, and a weak US recovery means rock-solid income is a great choice for investors looking to ride out the storm.
By the Staff at Briefing.com
Europe remains a major global macroeconomic headache. Yet, many investors who are risk-averse have become overly cautious towards the U.S. equity market.
There are, however, excellent investment opportunities in high-quality, high-yield dividend stocks.
The iconic show has been a huge moneymaker but is losing viewers fast.
News Corp. (NWSA), which reported better-than-expected quarterly earnings Wednesday, is worried that "American Idol" is running out of gas.
Ratings for the 11-year-old reality show have been down by double digits this year. Speaking to investors, COO Chase Carey said he isn't ready to hit the panic button quite yet. He has made similar comments before.
The candy giant's dividend has risen 150% in the past decade -- and more increases are likely on the way.
By John Heinzl, Globe Investor
When Hershey (HSY) hiked prices by more than 10% to offset rising ingredient costs, something unexpected happened: Candy lovers hardly blinked.
Hershey's unit volumes slipped just half a percentage point, as most people continued to feed their cravings for Almond Joy bars, Jolly Rancher candies, and BreathSavers mints. Driven by the combination of higher prices and resilient demand, Hershey's first-quarter sales and profit smashed expectations, sending the stock up sharply.
Stocks advance despite a steep decline in Cisco following its weak sales outlook.
Dow component Cisco (CSCO) reported quarterly earnings and revenue that just beat consensus views but forecast earnings in the coming quarter below the Street's expectations. The company's pessimistic view on challenges in Europe and weakness in India resonated with investors and the stock slid nearly 10%.
News Corp. (NWSA) shares gained about 5% after the company reported revenue and profit that beat expectations and it raised its stock repurchase program by $5 billion to $10 billion.
This garbage disposal company is catching the eye of 'green' investors.
Waste Management (WM), the largest U.S. trash hauling and disposal company, is attracting new investors looking for defensive stocks that not only pay attractive dividend yields but are environmentally conscious.
Companies including Bank of America, Citigroup, General Electric and Wells Fargo have faced shareholder anger and protests at their annual gatherings.
It's that time of year again -- the time when companies and shareholders gather for their annual meetings.
But there's a new twist to this rite of spring. This year, the buzz in corporate America isn't what goodie bags of your products you offer shareholders, or what food or entertainment you lay on to keep them smiling, but how much security you can deploy to make sure you get through the event without too much loss of dignity.
But don't think the tech sector is doomed. The company and its CEO are looking for scapegoats.
By Jeff Reeves
The big reason is that Cisco CEO John Chambers dropped a bombshell, saying reluctant customers are waiting longer to close deals and spending less money. He revised down earnings and revenue forecasts for the tech giant's all-important fiscal fourth quarter, and investors panicked.
Cisco is clearly hurting. But don't read too much into the numbers. One bad report from CSCO doesn't necessarily spell trouble for other tech stocks, or signal that global economic problems are getting too big to handle.
Prudential is upgraded to 'overweight,' and Staples is downgraded to 'sell.'
Thursday's noteworthy upgrades include:
- Big Lots (BIG) upgraded to Overweight from Equal Weight at Barclays
- East West Bancorp (EWBC) upgraded to Outperform from Sector Perform at RBC Capital
- Post Properties (PPS) upgraded to Buy from Hold at Wunderlich
- Prudential (PRU) upgraded to Overweight from Equal Weight at Evercore, and to Overweight from Equal Weight at Morgan Stanley
Competition among restaurant chains heats up in the region.
McDonald's (MCD), Starbucks (SBUX), Yum Brands (YUM) and others are piling on their investments in this region.
When the smartest guy in the sector contradicts the crowd, you at least stop and listen.
But the smartest guy I know in the patch, EOG Resources (EOG) CEO Mark Papa, the man who de-emphasized natural gas drilling when everyone else was going gaga for it, is saying the opposite.
Macau's progress is persistent, and Vegas appears on the mend.
By Dan Burrows
Top international casino stocks came up snake eyes in the wake of recent first-quarter earnings reports -- even though their results beat Wall Street expectations handily.
The wider market selloff is no doubt partly to blame -- risk aversion is unkind to economically sensitive cyclical sectors like gambling stocks. But it's also the case that while results from Macau continue to go gangbusters, the picture in Las Vegas remains somewhat mixed.
Prem Watsa, the CEO of Fairfax Financial, is averaging down his position in the stock.
Renowned value investor and CEO of Fairfax Financial (FRFHF) Prem Watsa has substantial paper losses from his investment in Research In Motion (RIMM) -- so far. Yet he was buying more as recently as three months ago.
Watsa started to buy RIM in the third quarter of 2010. He bought about 2 million shares when the stock was trading in the $50s. He then added to his position as the stock price collapsed to the $40s then $30s and $20s in 2011. The last time he bought was January of 2012. He doubled down on his position and bought another 14 million shares.
The social network's upcoming IPO appears to be 'zucking' the air out of other well-known Internet companies.
Facebook recently revealed that it is targeting a market value of as much as $96 billion, offering shares at $28 to $35 each. The world's largest social networking site is scheduled to hold its initial public offering on May 18 and is set to become the most valuable U.S. technology company at the time of an IPO, far surpassing Google's (GOOG) $23 billion valuation in 2004.
At a market value of almost $100 billion, Facebook would already rival well-established Internet companies such as Amazon (AMZN).
The company says it stands to earn $500 million from license deals every year at the current rate.
Nokia has alleged that the two companies, along with visual technology company Viewsonic Corp, have infringed on some 45 patents in all.
With its mobile phone sales flagging as Apple and Samsung run away with the smartphone market, Nokia is relying on its patents to draw in some licensing revenues and mitigate the impact of what is likely to be long and painful Windows Phone transition process.
The networking giant offers a disappointing forecast. The retailer reports lower profits and gives dimmer guidance.
Updated at 9:20 a.m. ET
Cisco (CSCO) provided disappointing guidance for its fiscal fourth quarter. The networking giant forecast earnings of 44 cents to 46 cents a share for the July-ending quarter, with year-over-year revenue growth anticipated at 2% to 5%. Analysts were calling for a profit of 49 cents a share on revenue of $11.99 billion.
For its third quarter, Cisco, a component of the Dow Jones Industrial Average ($INDU), posted revenue of $11.59 billion, up from $10.87 billion a year earlier, and a tick above analysts' estimates of $11.58 billion. Excluding items, Cisco earned 48 cents a share, up from 42 cents a share in the same period last year. Analysts were looking for earnings of 47 cents.
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The company is scrambling to protect its equities arm, which could face declining volume and revenue as competitors close the gap.
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
[BRIEFING.COM] The stock market finished the Wednesday session on an upbeat note with the Nasdaq (+1.3%) ending in the lead. The S&P 500 settled higher by 1.1% with all ten sectors posting gains.
The benchmark index spent the entire trading day in the green, rallying to new highs during the last hour of action. The tech-heavy Nasdaq, meanwhile, briefly dipped into the red during morning action, but was able to recover swiftly.
Stocks began the trading day with modest gains ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|