If everything goes as planned, this week will be the busiest for initial public offerings since 2000.
VIDEO ON MSN MONEY
The company may have outdone itself -- and potentially the competition -- in producing its latest smartphone, but investors were not impressed.
Nokia (NOK) has unveiled its first Windows Phone 8 device: the Lumia 920. The phone is gorgeous, clever, and contains some of the most creative features ever seen in a smartphone.
If this were an Apple (AAPL) or Android phone, enthusiasts would be overjoyed by the device's Smart Shoot feature, which allows users to eliminate unwanted moving objects (such as people) before taking a picture.
But investors wanted more from Nokia, and gave the device a cool reception. The company's ADR shares were down more than 16% in afternoon trading Wednesday, and even the shares of its software partner, Microsoft (MSFT), were mostly flat. (Microsoft owns and publishes Top Stocks, an MSN Money site.)
Even though the rare earths miner just received a temporary license for a plant in Malaysia, shareholders are thrilled.
New York Attorney General Eric Schneiderman is probing a tactic used by some of the largest private equity funds -- but he may have a hard time making his case.
With only two months left before voters cast their ballots in this year’s presidential election, Republican nominee Mitt Romney’s former firm, Bain Capital, is back in the headlines along with about dozen other private equity firms -- this time over tax strategies.
Questions surrounding the tax treatment of income have dogged the private equity industry for years. The latest twist on this theme, however, is slightly convoluted: According to news reports, New York’s Democratic attorney general is looking at whether firms like Bain, TPG Capital and Kohlberg Kravis & Roberts converted one form of income into another, which would carry the lower tax rate.
It all boils down to the fact that a typical private equity fund -- like venture capital and hedge funds -- charges its investors two separate fees.
One artist spearheads a $100,000 political protest aimed at bringing together the Occupy and Tea Party movements.
The "Burn Wall Street" protest went up in flames Saturday at this year's Burning Man festival. Attendees built a massive replica of the financial sector -- five buildings and a replica of Zuccotti Park -- and torched it in an effort to bring together the Tea Party and the Occupy Wall Street movements. You can watch a video of the event here.
The artist, Oakland's Otto Von Danger, says on his website that the Tea Party and the Occupy movements are similar. They have good intentions and want to change things. Both need to push their legislators into action, he said in this radio interview.
To capture more of India's $12 billion fast-food market, the burger chain will jettison meat entirely in favor of the McAloo Tikki burger and the McSpicy Paneer.
McDonald's (MCD) brought the hamburger to the world ... and now the world is pushing back, starting in India.
Bowing to local pressure, Mickey D's is opening its first meat-free restaurants ever in the South Asian country. How drastically will the planet's largest burger chain transform its menu to venture into uncharted vegetarian territory?
Here, a brief guide:
A vegetarian McDonald's? Really?
Yes. McDonald's has always tried to tweak its menu to suit local tastes, a particularly daunting challenge in India, where up to 42% of the population avoids meat altogether. India's Hindu majority, which considers cows holy, avoids beef. (McDonald's has never served beef in India since it opened its first outlet there in 1996.)
The shipper will likely rebound later in the year if consumer confidence continues to rise.
Office Depot, based in Boca Raton, Fla., expects earnings of $125 million to $135 million in 2012, excluding special items, interest and taxes, along with free cash flow of $80 million to $100 million.
OfficeMax, based in Naperville, Ill., is expecting third-quarter sales to be flat or slightly higher than a year earlier, with adjusted operating income of 2.3%, in-line with the year-ago period. Sales for the year will be little changed from 2011, while adjusted operating income margin will be 1.7%, around the level where it was last year.
Stocks are higher as investors anxiously await the European Central Bank meeting Thursday and the Fed's meeting next week.
FedEx (FDX) shares slid a bit over 1% after the company lowered its Q1 EPS view to $1.37 to $1.43 from its initial forecast of $1.45 to $1.60. The company attributed its shortfall to weakness in the global economy, which "constrained revenue growth at FedEx Express more than expected."
Shares of United Parcel Service (UPS) declined nearly 2% in sympathy.
Facebook (FB) gained over 4% after its CEO Mark Zuckerberg pledged not to sell any of his shares for at least 12 months.
Tech blogs are salivating over a sparkly new Windows Phone 8 handset that boasts a 4.5-inch display and an innovative new cordless charging pad.
The dust is still settling after Apple's (AAPL) $1 billion trouncing of Samsung (and, indirectly, Google) in a highly publicized patent battle. The shake-up in the hyper-competitive smartphone market may let Microsoft claim a larger slice.
On Wednesday, Microsoft (MSFT) and Nokia (NOK) unveiled a new flagship Windows handset, the Nokia Lumia 920, which, among other attractions, reportedly comes with an innovative wireless charger that could be a game changer.
Here's what you should know:
The grocery retailer is expected to show growth of 19.5%.
By Zacks Equity Research
The Kroger Company (KR), one of the largest grocery retailers and an S&P 500 company, is slated to report its second-quarter 2012 financial results on Sept. 7.
The current Zacks consensus estimate for the quarter is pegged at 49 cents a share, which reflects a growth of 19.5% from the prior-year quarter's earnings.
The current Zacks consensus estimates range between a low of 46 cents and a high of 53 cents a share. The Zacks consensus estimates second-quarter revenue to come in at $21,983 million.
The old-time retailer was hot in its day, but that was long ago.
By Bill Gunderson
It was the Amazon.com (AMZN) of its day. Shoppers could buy goods through its revolutionary mail-order catalog. In fact, it was the largest mail-order and merchandising company in the United States for more than 60 years.
It owned the tallest building in the world, at 108 stories. But by 1995, there were no Sears (SHLD) employees to be found in the Sears Tower, despite its being the company's headquarters at one time. It is no longer the Sears Tower -- the company lost the naming rights in 2003, and the nation's tallest building is now called the Willis Tower.
As Wall Street's big guns come back from summer holidays, risk rises for the little guys.
Investors are anxiously watching what the European Central Bank will do to address the region's debt crisis. Last week they were on the edge of their seats when Federal Reserve Chairman Ben Bernanke spoke at Jackson Hole, Wyo.
The uncertainty hasn't deterred small buyers who have been in the market recently. Unfortunately, I think they are setting themselves up for a major fall. During the last few days of summer, usually extending through the Labor Day week, smaller investors run the show. They are almost always net buyers, and they love small-cap stocks. Take a look at the iShares Russell 2000 Index (IWM) to see just how pronounced this is.
Time Warner upgraded to 'buy,' Zynga initiated with a 'hold.'
Unlike most investors, the Facebook boss doesn't need the money.
Facebook is still a bad bet for most investors, even with this public relations stunt. For one thing, Zuckerberg doesn't need the money. His net worth is about $12.1 billion, even with the 53% decline in the company's stock price.
The coffee chain is introducing an innovative program in Hong Kong.
Starbucks (SBUX) is trying to reduce its environmental footprint in Hong Kong by testing a new recycling process that will turn old, stale baked goods and old coffee grounds into bio-plastics and laundry detergent.
The program aims to prevent nearly 5,000 tons of leftovers from being dumped into landfills, incinerated or composted.
This isn't the company's first attempt to lessen its environmental impact. Earlier this summer it debuted a greener hot-cup sleeve, called the Earthsleeve, which is said to help save about 100,000 trees.
Low-dollar stocks often spell trouble, but these examples show that massive turnarounds are possible.
I have been very averse to recommending any stocks that sport low-dollar prices. That's because, first, every time I mention one on air people go nuts for it -- and second, after people go nuts for it, these stocks tend to go lower when nothing immediately happens to warrant the rise.
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. 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 Morningstar Inc.
After enjoying a smooth rise in stock prices since May, investors are about to be hit with another bout of volatility.
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] S&P futures vs fair value: +7.20. Nasdaq futures vs fair value: +23.00. The S&P 500 futures trade seven points above fair value.
Asian markets ended the day on a mostly higher note. Japan's weak preliminary Industrial Production report (-3.3% month-over-month versus expected -1.0%) prompted the Ministry of Economy, Trade, and Industry to lower its industrial assessment.
- In other data:
- South Korea's Industrial Production rose 2.9% ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|