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 company will offer its 'super cruise' system on a yet-to-be-named new Cadillac vehicle. No word on how much the feature will cost.
The company will offer its "super cruise" system, which will allow a driver to ride in a car with hands off the steering wheel on a freeway with proper lane markings, on a yet-to-be-named new Cadillac vehicle.
Cadillac officials have said they intend to launch by 2016 a large sedan to compete with rivals such as the Mercedes S-Class.
Service providers have been persuading customers to pay full price for new devices. The approach poses risks for Apple.
In recent years, Americans have been spared the sticker shock of paying full price for a new iPhone because wireless operators offered upfront discounts approaching $500 a phone.
But Apple (AAPL) faces an uncertain new environment this week as it prepares to unveil new -- and what are expected to be more expensive -- iPhones. Carriers have been weaning consumers off subsidies and getting them to pay full price for new devices.
In most cases, consumers pay for the phones over time, the way many people buy new cars. The carriers say they come out ahead by eliminating the subsidies and allowing consumers to buy new phones without upfront payments.
The investment bank upgrades its outlook to 'overweight' less than 2 months after downgrading equities to 'neutral.'
After warning on the risk of a temporary sell-off in stocks back in July, Goldman Sachs (GS) upgraded its outlook on equities to "overweight" on Monday, expecting a push higher for stocks in both the near- and medium-term.
"We upgrade equities to overweight over three months . . . we expect earnings growth, dividends, and high risk premia to support returns," Goldman's global investment team, which includes Peter Oppenheimer and Anders Nielsen, said in a research note released on Monday morning.
Back on July 25, the investment bank downgraded equities to "neutral" for the three months ahead, citing the risk of a temporary hit to stocks following a selloff in bonds. They said the near-term risk/reward profile for stocks was less attractive, despite iterating a "strong conviction" that stocks were the best-positioned asset class over the next year.
There's no guarantee the device will even be available for purchase after Apple's event Tuesday. But that isn't stopping people with extra time on their hands.
But Apple's (AAPL) iPhones are still the king when it comes to how far fans are willing to go.
Two days before the California-based company is expected to unveil its iPhone 6 -- and perhaps more than a week until the product becomes available for purchase -- six customers had already formed lines at the Apple store in Ginza, Tokyo, as of Monday noon.
"I've been here since Sunday. I am fourth in line," Tomoaki Watanabe (pictured, right), 22, told Japan Real Time. The college student sat on a foldable camping chair, with a suitcase stocked with food, clothing, his toothbrush and a laptop.
The chain won't place signs in restaurants or have employees enforce the policy, however.
"The request is simply we recognize everyone's rights," said Panera CEO Ron Shaich during a phone interview Monday. "But we also recognize that we are building communities in our cafes and are where people come to catch a breath."
"We're simply respectfully requesting that people leave their guns at home," he added. "It's that simple."
The chain is only selling 1,000 of these passes for carb-lovers starting at 3 p.m. Monday. 'What we're trying to do is get some attention,' an executive says.
The struggling Italian chain is offering a "Never Ending Pasta Pass" for $100 that buys seven weeks of unlimited pasta, breadsticks, salad and Coca-Cola beverages, USA Today reports.
There are only 1,000 passes and they will be sold on the company's website beginning at 3 p.m. ET. If a customer uses the pass once every day for the 49-day period, they would effectively be paying about $2 per meal.
The chain's pasta dishes average around 1,000 calories for a single serving.
With many sectors, you are trying to step in front of a freight train. With this one, you are riding one.
Apparel stocks have been so hit or miss in the past few years that I can't blame anyone for taking a pass on them. But right now they are all hit and you can't really pass them up.
That's my takeaway from the parade of retail earnings we have seen. Almost every stock in the apparel group is a buy, except, oddly, the one area that had been hot -- accessories, namely handbags. It seems as if you can't give those away, as people who are wallowing in Coach (COH), Kate (KATE) and Kors (KORS) know all too well.
Some of the apparel companies have been strong for ages. Take Under Armour (UA). Earlier this spring the sports apparel company reported a terrific quarter in every fashion. But UA doesn't trade with the apparel cohort. It trades with the high-growth, high-multiple contingent. Its stock fell as if it were a cloud, Internet e-commerce or biotech company. The rollover was, frankly, absurd. The plummet from $62 to $46 beginning in March and ending with a triple bottom in May was just plain hideous.
The headline disappointment gave the day a definite defensive feel, but investors pressed on.
By Anthony Mirhaydari
After a midday stumble, stocks finished strongly on Friday despite a weaker-than-expected payroll report. Investors were pleased by the ceasefire agreement in Ukraine between Kiev and pro-Russian separatists.
In the end, the Dow Jones Industrial Average ($INDU) gained 0.4 percent, the Standard & Poor's 500 Index ($INX) gained 0.5 percent to retake the 2,000 level (which it's been oscillating around for two weeks), the Nasdaq Composite Index ($COMPX) gained 0.5 percent and the Russell 2000 ($TOMX) gained 0.3 percent.
The day had a definite defensive feel, with utility stocks leading the way thanks to an early strong rally in Treasury bonds, rising 1.2 percent as a group. Energy also moved higher despite weakness in crude oil prices. Financials underperformed.
The Chinese e-commerce giant could raise as much as $24.3 billion in the offering, expected later this month.
Chinese e-commerce giant Alibaba Group Holding Ltd. set the estimated price range of its initial public offering at $60 to $66 a share, valuing the company at about $155 billion at the midpoint of the range.
In a regulatory filing Friday, the company said it expects to offer 320.1 million American depositary shares. Including the extra shares set aside for underwriters, the offering could raise up to $24.3 billion, which would be the biggest IPO ever.
It isn't unusual for companies seeking to go public to set an initial price range that proves to be below where the offering eventually prices. With both Facebook (FB) and Twitter (TWTR), the final price on the deal was higher than the initial range.
The movement deserves some credit for the wave of higher minimum wages across the country.
The fast-food strikes that will hit 150 cities on Thursday, as workers demand $15 an hour and union representation, began two years ago, almost by accident.
As Kendall Fells, organizing director of Fast Food Forward, tells it, when the advocacy group New York Communities for Change put together a petition for affordable housing in New York City, they realized that the fast-food workers they talked to couldn't afford even low-cost apartments; they were sleeping in homeless shelters and on friends' couches.
That prompted the group to call in the Service Employees International Union to organize meetings around the issue of low fast-food worker pay. By the third meeting in September 2012, the workers had decided that they wanted $15 an hour and a union, and they'd strike to get both.
The agency won approval to reduce charges for high-volume customers, drawing complaints from rival delivery giants.
Over loud protests from its rival delivery giants, the Postal Service won approval from its regulators in August to lower prices by as much as 58 percent on certain Priority Mail packages for customers shipping at least 50,000 parcels a year.
The Postal Service says its prices were too high to be competitive. But in documents filed with the Postal Regulatory Commission, both UPSand FedEx say the agency is taking advantage of its status as a near monopoly to unfairly snag a bigger piece of the e-commerce pie.
Automakers move headquarters more often than you'd think as they search for new personalities. Cadillac is the latest to consider a transplant.
In an earlier time it would be considered heresy: General Motors' (GM) Cadillac is thinking about moving its sales and marketing operations from Detroit to -- of all places -- Manhattan.
Cadillac, after all, is named after the founder of Detroit, which has been its home for 112 years, and some elements of its wreath-and-crest shield come from the city's seal. Manhattan is better known as the home of the yellow taxi and the black Town Car.
But it has become a familiar trope: Change your outlook by changing your address. If Cadillac moves, it will be part of an effort to remake the brand's image, attract some buyers who now fixate on German luxury cars, and broaden its appeal outside North America.
The market will likely keep marching higher -- but that doesn't mean that everything in it is a strong buy.
If you're worried about a market top and a deep correction around the corner, a host of headlines lately should settle your fears.
Second-quarter GDP was already reported to be strong, but recently was revised up to an impressive 4.2 percent growth rate.
The unemployment rate remains at the lowest levels since late 2008, and jobless claims continue to fall.
The market keeps setting new highs, and the Standard & Poor's 500 Index ($INX) remains around 2,000 as we enter the seasonally strong part of the year after Labor Day.
I am very bullish on the market in general, and confident stocks will keep marching higher -- but that doesn't mean that I think every stock is a strong buy.
John Ducas, 16, sells reports on securities and general macroeconomics for $15 to $150 per month. He has more than 100 clients.
John Ducas (pictured) shows more than just a budding interest in the high stakes world of stocks and bonds. In fact, the 16 year-old has made investing and financial research quite a large part of his short life.
"I'm originally a value investor," says the New York native who's lived in Europe with his family for the past few years. By year's end, Ducas intends to add currency trading to his portfolio, and not because that's what all the cool kids are doing.
Last year Ducas began his own financial research firm, Ducas Capital Management Ltd., which supplies over 110 clients his reports on securities and general macroeconomics for $15 to $150 per month.
CEO Angel Martinez has turned the company into an exciting organization. Keep your eye on this stock.
Sometimes you know when you are in on something big. I knew it when I sat down with the Skechers (SKX) guys not long ago. I could tell that they have enough breakout shoes with enough new styles that they were going to have a good run. It's been a terrific stock and I expect it to continue to be so.
Now, after speaking Thursday to Angel Martinez, the chairman, president and CEO of Deckers Brands (DECK), I feel exactly the same way about Deckers here as I did about Skechers before its monster run. Deckers, I believe, is about to have a breakout that's going to be huge, and even as it has come far off the bottom there's a great deal more to run.
If you haven't looked at Deckers in a long time, or if you only thought it was a takeover target or just a dying single women's brand named Ugg, I am telling you that you need to pull the file again.
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Stocks drift lower and bonds are hit as investors await the Fed. Prepare for higher volatility this week.
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.
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[BRIEFING.COM] The stock market welcomed the new trading week with a mixed session that saw relative strength among large-cap stocks, while high-beta names underperformed. The Dow Jones Industrial Average (+0.3%) and S&P 500 (-0.1%) finished near their flat lines, while the Nasdaq Composite and Russell 2000 both lost 1.1%.
Equities began the day on a cautious note amid continued concerns regarding the strength of the global economy. Over the weekend, China reported its first decline ... More
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