Coca-Cola launched the soda brand in the 1990s to compete with Mountain Dew. Sales didn't exactly take off.
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The recent trend of forgiveness and optimism are results of investors' shifting views of stocks.
I love it when stocks won't quit that should. It is a sign of a market that's much stronger than we think.
Take Wynn Resorts (WYNN), which is a company I profiled on Tuesday on "Mad Money," using the terrific work of our own Scott Redler. We got what some would regard as subpar numbers out of Macau that normally would have caused Wynn to get hammered. But people looked through the so-called weakness of the numbers and recognized some calendar shifts and some difficult compares and decided to excuse them and buy.
Travelers is downgraded to 'equal weight,' and Boeing is initiated with a 'buy.'
Friday's noteworthy upgrades include:
This ETF holds equally-weighted positions in 30 stocks involved in the out-of-favor natural gas sector.
By Mark Salzinger, The Investor's ETF Report
Over the past year, stocks of the natural-gas producers have lagged both the broader energy sector and the stock market as a whole by a wide margin, reflecting investor concerns over low gas prices and robust production.
However, both price and supply pressures on producers could improve in 2012, making natural-gas stocks a compelling contrarian opportunity.
The sector's bullish momentum will be awfully hard to stop.
"It does not matter how slowly you go as long as you do not stop."
Reports are resurfacing that Bank of America (BAC) is considering instituting fees on certain checking accounts in an effort to generate some extra revenue from existing customer accounts.
Rising costs took a toll on the bottom line for the molybdenum miner.
The government may give non-state companies access to its oil fields in the Arctic.
The company is courting Russian government officials, talking with them about developing the country's Arctic reserves, The Wall Street Journal reports.
A window of opportunity is slowly opening for the company. Up to now, Russia has been very strict about those Arctic reserves, making them off-limits for non-state operations. Only the state-owned Gazprom and Rosneft had access.
New data shows serious inflation is coming. With wages stagnant, that's terrible news for the economy.
Change is in the air. Over the last few months, the economic data has been consistently surprising to the upside thanks to temporary drivers like shoppers dipping into their savings and businesses restocking inventories, helping power stocks higher. This, in turn, has boosted consumer and business confidence back to recovery highs -- levels not seen since last summer.
Now, "hard data" based on output and activity, not survey forms, is confirming my pessimistic outlook. The main culprit: Rising prices, especially on crude oil (nearing highs seen last spring) and gasoline (up nearly 40% since November). What makes higher inflation so dangerous is that not only does it tie the hands of the Federal Reserve and other central banks -- who have almost single handedly engineered the post-November market rally -- but it will pressure consumer spending.
That sets the stage for pitiful GDP growth in the months to come, something investors are just beginning to prepare for. Here's why.
Anheuser-Busch offers a new app to stalk your beer -- an idea designed to spark interest in Budweiser.
A gimmick? Yes. But it's one that the company hopes will resonate with consumers and perhaps even revive the slumping sales of Budweiser.
The "Track Your Bud" site and smartphone app asks users to enter the "born on" date located on bottles and cans of beer.
Yelp derives the majority of its revenues from local advertising, and the remainder from display advertising, daily deals and other services.
Apple is slipping in Europe.
By Rick Aristotle Munarriz
Ask anyone in this country what an iPhone costs, and most will say that Apple's (AAPL) iconic smartphone starts at $199. Models with more storage capacity will set stateside buyers back an additional $100 or $200.
However, this isn't what Apple is making. The world's most valuable tech company rang up an average of $659 per iPhone (including attached services and accessories) during the holiday quarter.
Adding another $2 billion debt to its balance sheet means reduced flexibility for Sprint, but Clearwire cheers the news.
Recent price action in gold futures and ETFs suggests heightened volatility and further declines, making the risk prohibitively high now.
By Tom Aspray
The strong surge in gold prices in the latter part of January suggested that the correction from the September 2011 highs was finally over. It is not uncommon for corrections in the gold market to last three to five months, as it normally takes that long for the extremes in bullish sentiment to change.
Bearish sentiment appeared to have bottomed last December, but the sharp drop on Wednesday, apparently in reaction to Ben Bernanke's comments on further easing, suggests traders had quickly become too optimistic.
Cloud computing is still part of the game.
One of the hottest sectors in the stock market so far this year has been technology. And investors have been particularly interested in "cloud computing."
Cloud computing is simply the process of providing software programs, data, and storage space remotely, through servers that are not operated by the customer.
Overall US sales are expected to rise 10% for the month from a year earlier.
Can anything stop Chrysler? The auto industry is in the midst of a remarkable revival, but Chrysler especially is putting up huge numbers.
The automaker reported another spectacular month of sales for February, with U.S. sales soaring 40% -- higher than the 32% growth analysts expected. It was the best February sales in four years. Not bad for a company that filed for bankruptcy in 2009.
All of the major automakers reported their February sales Thursday.
As PIMCO launches an exchage-traded fund version of its Total Return Fund, some mutual fund firms are left wondering whether they should jump on the bandwagon.
"…Send not to know for whom the bell tolls; It tolls for thee."
All right, so 17th-century English poet John Donne didn't have the gargantuan U.S. mutual fund industry in mind when he penned those words. But that doesn't mean that at least some mutual fund managers and their bosses won't be watching uneasily Friday as the exchange-traded fund (ETF) version of the Pimco Total Return Fund (PTTAX) makes its debut.
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The stock is expensive and the guidance is weak -- not an appetizing combination.
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[BRIEFING.COM] The major averages have continued their advance that was sparked by Jon Hilsenrath's report indicating the Fed will keep its forward guidance little changed in tomorrow's policy statement.
The energy sector (+1.8%) remains in the lead, while utilities (+1.3%) and health care (+1.3%) follow a bit behind. However, only those three sectors hold gains larger than 1.0%. Furthermore, the energy space is the lone outperformer among cyclical groups, while the other five ... More
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