A lack of splits means fewer big-name companies care about low share prices.
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The chain finances a restaurant where diners stand in line to order toppings and watch their food being made. Sound familiar?
Americans feel worried one month and good the next, says the CEO of International Paper.
The U.S. economy is being held back by the uncertainty of consumers, International Paper (IP) Chairman and CEO John Faraci told CNBC on Wednesday.
"It feels like 2 percent GDP growth," he estimated in a "Squawk Box" interview, adding the economy also appears to be uneven and choppy.
"One month [consumers] feel good. One month they feel anxious," Faraci said. "As long as the consumers feel that way, I think you're not going to see the kind of sustained consumer spending it's going to take to get this economy going, which is going to create the jobs."
Investors will be watching to see if the company's performance in the country has improved.
By Nelson Hem
Nike (NKE), which will face off against rival Adidas again during next summer's World Cup in Brazil, is scheduled to report its second quarter fiscal 2014 results Thursday after the markets close.
Investors will be looking to see whether the company's performance in China has improved and if its women's and basketball categories continue to show strong growth. Nike may also discuss plans for upcoming major sporting events in 2014, such as the World Cup and Olympics.
Analysts on average predict that Nike will say that its revenue for the quarter grew around 8 percent year-over-year to $6.44 billion. Earnings of $0.58 per share are also in the consensus forecast. That would be slightly up from $0.57 per share in the same period of last year.
In an usually dramatic year for the market, Herbalife, Tesla Motors and J.C. Penney stood out.
By Dan Burrows
True, there's no shortage of exciting stock stories this year. That's what happens when the market has an amazing run, adding 25% so far in 2013.
For example, we had amazing turnarounds from Netflix (NFLX) and Best Buy (BBY) this year, both of which helped lead the broader market higher. Then, of course, there's Facebook (FB). After languishing for much of the year, FB took off in the fall, and now it's sitting on a doubler.
The billionaire gained $12.7 billion this year -- more wealth than anyone else in the country.
Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study.
Buffett's net worth -- at least on paper -- shot up by $12.7 billion to $59.1 billion in 2013, up from $46.4 billion at the start of the year, according to Wealth-X, the wealth research firm. That works out to a paper gain of $1.5 million an hour.
Bill Gates is still the richest man in America. But he was the No. 2 gainer in dollar terms this year, with his paper wealth soaring by $11.5 billion to $72.6 billion. Casino tycoon Sheldon Adelson was third, with an $11.4 billion gain to $35.3 billion.
Momentum traders should keep an eye on these stars.
By Tim Parker
The market still sits at levels that many consider overvalued.
Below is a list of notable stocks that have reached a 52-week high. If you're a momentum trader, take note.
Acxiom Corporation (ACXM)
The stock has had a huge year and its healthy Dow-theory-looking chart should have technical traders feeling good about the name. Acxiom was up fractionally Tuesday but printed a new high. This stock looks like it wants to go higher.
Dish Network (DISH)
Dish is another stock with a chart moving from the lower left to the upper right with some healthy yet manageable bouts of profit taking in between. After a brief move to the downside in November, the stock continues higher.
Paying employees higher wages and giving better benefits isn't actually costing some companies more money.
When I first broke in at Goldman Sachs (GS) in the early 1980s, I was in charge of tabulating turnover in what was then known as the Securities Sales Department. It was my job to keep track of who stayed and who went, and to be sure I knew the details of each departure. I was told that, historically, Goldman Sachs tried hard not to lose anyone it wanted to keep, even as it was willing to see the others depart -- and, for the time when I did the tallying, the division's record was perfect on that score.
When I was first assigned the project, I had no idea why it was so important to keep track of how few people actually left the firm, other than for boasting rights vs. the competition, which always seemed to be losing people left and right.
But once I was in the fold, I realized the reason Goldman closely observed this number had to do with the tremendous cost of training people, and how departures -- any departures, of good people -- meant a total loss on an important human-capital investment.
Slows sales to start the holiday shopping season are causing some stores to offer marathon, pre-Christmas shopping hours and deep discounts.
What may be good news for last-minute Christmas shoppers can also be seen as a sign of alarm from some retailers, who appear to be concerned about both the shortened holiday shopping season this year and word that some consumers have been staying home during the recent bout of winter storms.
On Tuesday Toys R Us announced its stores will remain open, nationwide, for 87 consecutive hours – beginning at 6:00 a.m. Saturday, December 21, and continuing through 9:00 p.m. on Christmas Eve.
"With only eight shopping days remaining until Christmas, we are offering customers extended, uninterrupted time in stores," Troy Rice, the company's executive vice president, stores and services, said in a press statement, "providing them the opportunity to shop whenever is most convenient for them – whether early in the morning or late at night."
The results of Herbalife's re-audit are bad news for Bill Ackman and his hedge fund Pershing Square as they continue to take a beating shorting the nutritional supplement company.
By Robert Weinstein
NEW YORK (TheStreet) -- Shares in the nutritional supplement company Herbalife (HLF) soared over $6 a share to near 52-week highs after revealing its new auditor PricewaterhouseCoopers finished re-auditing the company's 2010 to 2013 financials.
The very public Herbalife short seller Bill Ackman has allowed a significant gain for his hedge fund Pershing Square turn into a horror-show short squeeze. A couple of months ago, I touched on Pershing Square's lack of gains for the year as a result of the monster short position. Things have only turned worse since.
The bull run may be grinding to a halt as the trading mood turns darker.
A lack of splits means fewer big-name companies care about low share prices.
Cheap stocks are one of the most popular corners of the market. Whether you're after high growth small caps or the best penny stocks for gigantic profits, cheap stocks are the place investors look first.
But cheap stocks are dwindling in number lately -- and it's not just because of the big rally.
It's because stock splits have dried up.
A mere 11 companies in the S&P 500 Index have executed a stock split in 2013. That's the fourth-lowest figure in history, and down from a historical average of 65 stock splits annually across the 1990s.
If you’re unfamiliar, a stock split is a simple math equation that doesn't change the underlying nature of a stock -- just the math behind its shares.
Wearable technology is a booming market. This breakout company has that segment and other catalysts at its back.
The company wants to patent an operations program that tracks what diners are eating and estimates how long they'll be there.
According to the Patently Apple web site, the company's patent "generally relates to systems, methods, and non-transitory computer-readable storage media for making reservations and maintaining a wait list for a resource at a point of interest."
Apple's patent reveals it is attempting to solve the inefficiencies created at restaurants, which results in longer customer wait time and few table turn over. "There is a need for improved techniques for processing restaurant orders and reservations," Patently Apple wrote.
The inevitable has finally happened.
New videos in a user's feed will play automatically, but the ads will not have sound unless the user clicks on the video. The company has been testing this new ad format since September.
Motley Fool analyst David Meier believes Facebook's success lies in maintaining the balance between what users want and what advertisers need.
A London company is already selling the device, called the UbiSlate 7Ci, on its website.
On Monday, Datawind announced that it plans to sell a $38 tablet (pictured) in the U.S. through as-yet unnamed online and brick-and-mortar retailers early next year.
The London firm plans to sell three models in the United States ranging in price from $38 to as much as $149 with varying specs and capabilities.
The goal, says Suneet Singh Tuli, Datawind’s CEO, is the same as it’s always been: to bring the least expensive computers possible to schools and low-income communities.
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The owner of Red Lobster and Olive Garden released earnings Thursday, and could be in trouble. Is the burgeoning fast-casual dining industry to blame?
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[BRIEFING.COM] S&P futures vs fair value: +0.70. Nasdaq futures vs fair value: +3.70. U.S. equity futures hold modest gains amid cautious overseas action. The S&P 500 futures trade less than one point above fair value.
Looking at overnight developments:
- Asian markets ended mixed. Japan's Nikkei +0.1%, Hong Kong's Hang Seng -0.3%, and China's Shanghai Composite -2.0%.
- Economic data was limited:
- The Bank of Japan held its key interest rate ... More
- Economic data was limited:
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