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 cable company's fourth-quarter earnings see a surprising jump.
Comcast (CMCSA) said Wednesday that fourth-quarter profits shot up 26%, largely due to growth in its broadband and business-services divisions. The cable provider also said that it had curbed defections of pay-TV subscribers for the fifth quarter in a row.
The company announced a 44% dividend increase and a $6.5 billion share buyback program.
The numbers make for fascinating reading.
The stock takes a post-earnings fall as questions arise about sales and incremental margins.
Asian asset sales falter and activist investors declare war.
The board of former Internet giant Yahoo (YHOO) is under attack from angry activist investors amid a breakdown of talks on selling off the firm’s profitable Asian assets.
Yesterday, Daniel Loeb of Third Point Capital LLC, a hedge fund with $8.7 billion under management, nominated himself and three others for Yahoo’s board in a proxy filing submitted to the Securities and Exchange Commission.
While investors of all stripes have been whipped into a frenzy by this stock's rise, headwinds are mounting.
One of the few bright spots out there has been the dramatic, nearly vertical rise in Apple (AAPL) stock over the past three months. Spurred by huge iPhone sales, excitement over new overseas markets and chatter that the company's $100 billion cash pile will fuel a dividend, shares have jumped nearly 40% into Wednesday's high. With that kind of action in such a popular, familiar and widely held name, who cares about Greece or the eurozone or the budget deficit?
Well, not anymore. Issues are looming, such as a dispute in China that threatens to slam the brakes on iPad exports out of the country. There's also the small matter of Apple's massive market capitalization dominating the Nasdaq 100, which will require a rebalancing to prevent buyers of the Nasdaq from simply gaining exposure to a single stock. Last time that happened, taking Apple's weight down to 12.3% from 20.5%, shares dropped 7% in the week that followed. In midday trading, Apple at one point accounted for 9.5 of the 10.8 point gain in the index.
But here's the thing to really worry about: Apple's parabolic, speculative frenzy isn't being supported by other stocks in its sector. Previous examples of this marked major market turning points.
These companies are targeting profitable and fast-growing market niches within the technology sector.
In my latest screen, I looked for profitable and debt-free U.S. companies with a market cap of $900 million to $1 billion.
Here's a look at three technology stocks that made my final list: Shutterfly (SFLY), Sourcefire (FIRE), and LogMeIn (LOGM).
Canada bank stocks are attractive for their relative stability and safe dividends, but some look to be in line for short-term corrections.
By Tom Aspray, MoneyShow.com
The impressive gains in financial stocks have certainly helped fuel the rally in the S&P 500. The late-day reversal on Tuesday and strong close set the stage for further gains early Wednesday. This makes a rally to the 1,360 or 1,370 area clearly possible for the S&P 500.
Apparently, gains in the very depressed European bank stocks have revived some of the largest hedge funds, whose performances had been disappointing. The Financial Times reported that these funds had gains ranging from 3% to over 14% since the start of the year, which is mainly attributed to their investments in bank stocks.
Long shunned by Wall Street, shares of Big Steel are attracting fresh attention as a turnaround bet.
Once the formidable giant of the steel industry and the world's fifth largest integrated steel manufacturer, U.S. Steel (X) has been among the worst victims of the global recession.
Its stock has been badly battered, down more than 50% in the past year, to $27 a share, as the company's sales and earnings crashed in 2009 and 2010. At its peak in June 2008, shares of Big Steel traded as high as $191.96 a share.
New movie-streaming ventures could mean serious trouble.
Verizon (VZ) recently announced a joint venture with Redbox to launch a streaming service, and now Amazon (AMZN) seems to be planning a stand-alone video-streaming service.
When an American appears on the cover of Sports Illustrated's swimsuit issue, stocks have a great year.
This year's swimsuit cover model is American Kate Upton. And when an American is on the cover of the annual issue, stocks do better than when a non-American appears.
Yes, it's completely silly. But hey, this will give you a business reason to buy the magazine.
Although management expects costs to increase next quarter, we still see untapped revenue sources for the future.
The market clearly responded to the bits and pieces of information provided by the company during the earnings call about ongoing changes to its business model. These changes, coupled with the outlook presented by management for the year, warrants a reduction in our price estimate for the company's shares from $65 to $55.
After declaring equities safer than bonds and gold, the billionaire sets an example with several purchases.
Warren Buffett recently said stocks will outperform gold and bonds, calling them the safest asset by far. He's putting Berkshire Hathaway's (BRK.B) money where his mouth is, buying up shares of DirecTV (DTV) and IBM (IBM).
In a Fortune article published last week, Buffett offered investors a preview of his upcoming annual shareholder letter. Buffett said equities will "prove to be the runaway winner," with the Oracle of Omaha talking down investments in gold and bonds. Regarding the latter, Buffett said bonds are a dangerous asset because they are currency-based and exposed to interest-rate risk.
Safeway is upgraded to 'outperform,' while Bank of America is downgraded to 'market perform.'
Wednesday's noteworthy upgrades include:
Hoping to offset soggy cereal sales, the maker of Corn Flakes and Froot Loops will pay $2.7 billion in cash for Procter & Gamble's crispy potato snacks.
Cereal maker Kellogg (K) announced Wednesday that it plans to buy Pringles from Procter & Gamble (PG) for $2.7 billion in cash. The move will help Kellog offset softening sales in its core century-old cereal business.
Indeed, during the fourth quarter, Kellogg's cereal business in North America was a laggard, posting an anemic sales growth of 1.5%. Internal net sales in Kellogg's North American snacks unit, meanwhile, rose 8.1%, and revenue at the North America frozen and specialty channels surged by 13.5%.
It stands to earn hundreds of millions of dollars from licensing agreements if it wins its latest round of lawsuits.
Motorola has already tried to block the sales of the iPhone in Europe, but its lawsuit was rejected by a German Court last week. However, it may get lucky with its patent lawsuit against Microsoft. It is targeting Microsoft's top moneymakers – Windows 7 and Xbox 360 – and some other products with patent infringement lawsuits. (Microsoft owns and publishes Top Stocks, an MSN Money site.)
With a growing fleet and rising earnings, this is a high-quality, high-yielding play on global trade.
Seaspan (SSW) is one of the world’s leading charter owners of container ships. Virtually all of the company’s vessels are leased at long-term fixed-rates.
Today, Seaspan has a fleet of 72 vessels, with seven more scheduled for delivery through 2014. All seven container ships already are committed to fixed-rate time charters between 10 and 12 years in duration from delivery.
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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.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
[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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