VIDEO ON MSN MONEY
Don't fret the potential loss of Howard Stern. Sirius will be just fine, thank you.
Wake up Howard Stern, the world has changed.
Dreams of being the media king that is paid gobs of cash from overzealous media companies are a thing of the past.
Today, I would suggest taking what you can get.
Should you decide to leave Sirius XM (SIRI), don’t let the door hit you on the way out.
Its shares are down on soft PC sales, but don't ignore the stock's potential.
The shares changed hands just below $19 late Friday, about 7% above their 52-week low.
I think that sell-off ignores the company's strengths in other markets, such as servers, which show no signs of slowing growth, and it ignores the huge replacement cycle coming for PCs as businesses and consumers all make the purchases they put off during the recession.
Laptop sales in the U.S. are getting crushed this year, and many people blame the iPad.
It was expected to happen sooner or later, and in August, it did: Notebook sales in the U.S. went into negative territory.
Sales had been growing at a brisk 30% pace in 2009 but started to tank almost exactly when Apple (AAPL) announced it would come out with a tablet computer: the iPad.
This year, growth slowed to 11% in April, then 5% in June, then 2% in July and finally down to negative 4% in August. It's safe to say that the iPad is at least partly to blame.
One of the world's top fund managers beats the market with mid-cap stocks.
To most investors, the name Thyra Zerhusen probably doesn’t ring any bells.
It should. While she doesn’t get nearly the attention that some other star fund managers get, Zerhusen has quietly compiled an impeccable track record while heading the Aston/Optimum Mid-Cap Equity fund since 1994.
The fund has averaged returns of 8.37% over the past 10 years and 11.14% over the past 15 years, figures that blow away the broader market and put the fund in the top 5% and 2% of its class over those respective periods, according to Morningstar.
The octogenarian billionaire maintains his bullish stance that the US will return as strong as ever.
By Don Dion, TheStreet
Despite doubts emanating from many corners of both Wall Street and Main Street, there are still a number of reputable individuals from the business world who do not seem to share these concerns.
This week, Warren Buffett took to the stage at the Montana Economic Development Summit to express his views regarding the future of the U.S. economy.
TXN shares up after announcing a dividend boost and buyback -- moves that meant nothing in the past. Could this be different?
By Jim Cramer, TheStreet
I had a difficult e-mail conversation last night about Texas Instruments (TXN).
First, we know we got good news: a dividend boost and a buyback. Second, the buyback is about a quarter of the company, a lot of stock. Third, the company's making a statement -- "Things are better than you think" -- and the stock was up more than a buck in the aftermarket.
But, the e-mailer pointed out, so what? Texas Instruments has made both of these moves multiple times, and it has meant nothing. In fact, less than nothing, as the stock has repeatedly slunk back to where it was before the news. Except this time the business isn't as good as some of the other times.
Conclusion from him: Sell the stock; it shouldn't be up.
Investors see the Basel III rules as lifting uncertainty surrounding dividend reinstatement.
The whole banking sector was up that day, of course, because the announced Basel III new banking regulations aren't as strict as some investors had worried they would be. That's a big deal for stressed European banks and smaller U.S. banks that might have been in real trouble if regulators had forced them to raise capital overnight. (For more on the good news for banks from Basel III, see my post).
The ADRs (American Depositary Receipts) of Credit Agricole (CRARY), for example, soared 6.8% on Sept. 13. The French bank could have been hit really hard by a tighter deadline and higher capital ratios in the regulations. And Regions Financial (RF), a still-struggling U.S. regional bank, popped 5.7% on the day.
The lagging performance of the riskiest, most sensitive issues suggests a pullback is in order.
One of my favorite indicators of the health of the stock market compares the performance of the smallest, riskiest equities to the largest, most well known issues. And right now, with the small stocks in the Russell 2000 ($RUT) badly lagging the mega-cap stocks in the Dow Jones Industrial Average ($INDU), this is yet another sign that the rebound rally out of the August lows is nearing its end. (For more, see my last blog post here.)
Frequently, at turning points, you'll see small cap stocks lead the way. Although there is no way to test the idea, my hunch is that savvy Wall Street pros are moving in and out of smaller, fast moving stocks ahead of major market moves while at the same time holding in stasis more closely followed indices like the Dow. Then, once they are ready, they withdraw support for the mega-cap stocks, and the whole house of cards comes tumbling down.
Thursday's trading action suggests that's exactly what's happening now. The Russell 2000 lost 0.7% while the Dow gained 0.2%. Here's what you need to know.
High-speed computers have been buying and selling stocks and then immediately canceling the orders.
This happens when someone places huge orders to buy and sell stocks and then cancels the orders immediately. Believe it or not, that split-second trade could cause stock prices to swing.
Quote stuffing is the latest round of funny business that can happen as high-speed trading takes in the stock market. This ultra-fast trading now accounts for two-thirds of market volume, the Journal reports.
A new report shows that traffic to restaurants is still dropping, though not as fast as in 2009.
Market research company NPD found that restaurant visits were down by 1% in the spring quarter. But there is a bright side: A year earlier, traffic was down 3%. So at least the losses seem to be slowing.
Fine dining restaurants, including those at upscale hotels, continued to be hammered after seeing devastating losses last year. Traffic was down 3% in that category, which isn't all that surprising considering the drop in business travel as well as the new era of penny-pinching in America.
A new paper says that while the targeted stimulus program increased sales, those purchases would have occurred anyway.
It had a clever name and sold a believable idea, but in the end, Cash for Clunkers may have been a dud.
Remember that program? Get a nice chunk of cash -- as much as $4,500 in some cases -- for trading in an old car with poor gas mileage for a fuel-efficient model. It ended up costing the government nearly $3 billion.
Did it deliver on its promises of rallying the economy? Did it help car dealerships just as sales were plunging? A new paper by two economists suggests that Cash for Clunkers didn't help as much as the government hoped.
Analysts continue to fret over China's economic growth, setting this mining-equipment company up for a huge 2011.
By Jim Cramer, TheStreet
Don't tell Bucyrus International (BUCY) that things are slowing. Don't bother to inform Tim Sullivan, the always-solid chief executive officer, that he should worry about the Baltic Freight Index or the Chinese export numbers or the multiple hikes in interest rates to slow the Indian economy.
He has bigger things to worry about, like fulfilling orders around the globe for the 66% of his business that is coal-mining equipment.
Bucyrus sells to the big miners, such as Xstrata, Vale (VALE) and BHP Billiton (BHP), and you can't get coal out of the ground without machines from either Bucyrus or Joy Global (JOYG). You can't transfer to the stuff to where it has to go without Caterpillar (CAT) or Bucyrus trucks, the latter a new part of the product line purchased, in a steal, from Terex (TEX).
Bucyrus is making the picks and shovels of the coal rush, something that is happening around the world even as this country tries desperately to wean its utilities off coal to cheaper, cleaner natural gas.
The cell phone giant gets a new CEO. Can he change Nokia's fortunes?
It's a first step, but only a first step.
In Kallasvuo's four years at the top of the company, Nokia lost market share to Apple's (AAPL) iPhone and other smart phones, as the company seemed unable to bring a competitive smart phone to the consumer market.
With equities moving to the upper end of a 5-month trading range, a short pullback is likely.
For the past five months, the stock market has gone nowhere fast. In fact, if you look at the NYSE Composite Index (NYA.X), shares are trading at the same levels that were first reached way back in October. That's right. Equities have been stuck in one giant trading range for a year.
No wonder that for many investors this doesn't feel like a bull market. Nor does it feel like an economic recovery. It just feels like we're all stuck in purgatory -- a churning, slow-growth environment somewhere between recession and full-throttle rebound.
So with stocks nudging up to significant overhead resistance levels -- which foiled previous rally attempts in June and August -- the question is: Can stocks move out of the summer doldrums and push to new highs?
If you're looking to eat your veggies but not chow down on a mammoth pile of greens, smaller and cheaper portions are for you.
In a move that doubles as a healthful menu addition and a gain for thrifty consumers, Wendy's (WEN) is adding half-size versions of its new premium salads, luring customers looking to spend less in a tough economy.
By the end of the month, the new half salads will be available in premium select versions such as Apple Pecan Chicken and BLT Cobb, priced at $3.99. For $1 more, customers can choose two additional items, including a baked potato, a Jr. Bacon Cheeseburger, chicken wraps or drinks. All normally cost between $1 and $1.49.
MORE ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. 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 SIX Financial Information.
In the never-ending contest for sales, American carmakers are pulling ahead.
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 major averages ended modestly lower with the S&P 500 shedding 0.3%.
The benchmark average saw an opening loss of 1.2% after Japan's Nikkei tumbled 7.3%. Japanese stocks sold off amid continued volatility in Japanese Government Bond futures as the 10-yr yield spiked almost 16 basis points to 1.002 before the Bank of Japan's JPY2 trillion liquidity injection caused yields to retrace their gains.
Adding insult to injury was news out of China where the HSBC ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|