VIDEO ON MSN MONEY
The Fed chief may not have everything figured out, but after 2 years of great stewardship, he deserves the benefit of the doubt.
You have to like a market that makes sense, that does what it is supposed to when big macro events occur that are good for earnings.
Which is why I liked last week. We have a dollar that is going down so fast that the big international companies will be able to beat numbers year over year so strongly that it makes you want to buy everything from United Technologies (UTX) and Ingersoll Rand (IR) to Johnson & Johnson (JNJ) and IBM (IBM).
Last year at this time the euro was falling apart, taking with it the chances for companies like Eaton (ETN) and Honeywell (HON) -- which had expanded aggressively overseas, especially in Europe -- to beat the numbers. Now only those companies with no international winds at their back -- read the banks and the retailers -- are going to be laggards.
The style queen launches a spring pet line, offering items such as a belted trench coat and a windbreaker. Seriously.
Just because it's raining cats and dogs doesn't mean your cats and dogs have to get wet. The "pet apparel" industry has been going strong for years now, and a new spring line at PetSmart (PETM) includes a host of waterproof rain gear for the pampered pooch in your life.
But these aren't just silly hats or sweaters knitted by Grandma. For the first time, Martha Stewart Pets will get in on the act. The chic line includes a belted trench coat in tan cotton poplin (complete with shoulder cape) and an "athletic-style" windbreaker with pockets and Velcro closures.
According to a PetSmart marketer, "dogs love their walks, rain or shine," and owners just can't stay inside just because of a little bad weather in spring. But perhaps a better lesson from this product line is that pet owners remain one of the most free-spending groups, despite overcast skies for consumers in general, a trend that both PetSmart and Martha Stewart Living (MSO) hope to cash in on.
The technical readings indicate that the US and many foreign markets can still move significantly higher as we head into May.
- When the market does what you don't expect, take another look at the evidence;
- Have risk management in place, so when you’re wrong you can limit the damage.
The Donald says that his net worth changes from day to day, depending on his attitude.
That's because The Donald says that his net worth is, well, whatever he feels it is on any given day. "My net worth fluctuates, and it goes up and down with the markets and with attitudes and with feelings, even my own feelings," he said in a legal deposition from 2007. CNN obtained a copy of the deposition recently.
Post continues after this video interview with Trump:
Standout earnings in the sector could fuel a new uptrend. Here are 3 ideas for how to play it.
McDonald's is passing on the higher costs of beef, cheese and other ingredients to its customers
Americans are already feeling the impact of higher gas prices. But the next time they have a Big Mac attack, consumers may have to suffer the same sticker shock they now get when they pull up to the pump.
That's because McDonalds Corp.'s (MCD) is seeing inflation push up the costs of ingredients like Big Mac beef, cheeseburger cheese and McCafe coffee beans.
As a result, the world's largest fast-food chain said it will raise prices to keep up with food inflation.
The price increases won't be steep, at least not in the United States. Sensitive to the higher prices that Americans are facing at the gasoline pump, grocery store and everywhere else they have to open their wallets, McDonalds says it will absorb some of the initial costs by gradually raising prices to recoup the 4% to 4.5% cost of food increases.
The miner uncovers a higher grade of ore in Indonesia, accelerating production and giving some relief to worries about rising costs.
The Bratz line, which has deeply hurt Barbie sales, does not belong to Mattel, a jury decides.
Barbie maker Mattel (MAT) got smacked down by a federal jury today, and was ordered to pay $88.5 million to rival MGA Entertainment in a dispute over the Bratz line.
In what's being called a stunning decision, the jury told Mattel that it does not own the Bratz dolls. The legal battle has been going since 2004, and one analyst said today that Mattel's failure to settle was a "tremendously bad decision" by management.
Post continues after this news report about the jury's decision:
As inflation takes its toll on consumers and the trade balance, GDP growth could be disappointing.
One year ago, all was right in the world. Jobs were being created. Annualized GDP growth averaged an impressive 4.4% between the end of 2009 and the beginning of 2010. The Federal Reserve even felt confident enough to allow its first round of quantitative easing to expire.
Then we had a growth scare as risky assets tumbled in the wake of the eurozone debt crisis and the Greek bailout. As a result, GDP growth slowed to just 1.7% in the second quarter amid talk of a double-dip recession.
History is repeating itself. The Fed's QE2 program is about to end. The eurozone crisis is heating up, with Greece on the verge of a debt default/restructuring. And now we have fiscal austerity and inflationary pressure -- side effects of all the stimuli used to juice the economy. I think the stage is set for another slowdown in the months to come. Indeed, by some estimates, the economy may already be shrinking.
This company has growth in sales and earnings, so I'm adding its stock to my Wall Street Survivor portfolio.
I was looking at stocks that have had and are expected to have double-digit growth in sales and earnings and are currently having positive price momentum as measured by Barchart technical indicators.
I found Gildan Activewear (GIL), a company that has over 60% market share in its niche. It makes the blank T-shirts and sweat shirts that all the other companies print on. The sales, earnings and price appreciation have been great.
Nearly all of the purchases from our recent Buffett-style portfolio are paying off nicely. Now it's time to adjust stops to lock in profits.
The market hasn't quite caught up with this opportunity.
By Jim Mueller
The Messed-Up Expectation methodology I'm following with my Rising Star portfolio is working. In that portfolio, I'm looking for companies at prices reflecting growth expectations that are lower than what they're likely capable of, and getting high returns when the market corrects its mistake.
I believe I've found another candidate in Hertz Global Holdings (HTZ).
O.J. Simpson loved this company
Hertz is the second largest U.S. car rental company, behind privately held Enterprise Holdings (which includes Alamo, Enterprise, and National) and ahead of Avis Budget Group (CAR) and Dollar Thrifty Automotive Group (DTG).
Retail is in recovery, so I'm adding BBBY to hlep my portfolio recover.
I try not to be an impulse shopper, but as I wander the store I sometimes find bargains I didn't expect and can't pass up. Today I can't pass up the stock.
Same-store sales are up 7% year over year. The company is on target to add 40 new stores this year and another 40 to 50 next year. Margin squeezes have been offset by savings in SG&A so I think this looks like a well managed company. The price is on a roll.
Berkshire Hathaway lacks a valuable revenue source now that Goldman Sachs has bought back $5.5 billion in preferred shares.
Warren Buffett made the news during this shortened week after it was announced that Goldman Sachs (GS) had bought back the $5.5 billion in preferred shares it sold to Berkshire Hathaway (BRK.A) during the dire depths of the financial crisis.
In the midst of the credit mess, as Lehman Bros. was collapsing and Merrill Lynch was going through an emergency takeover, Goldman Sachs sought help from Buffett. Given his positive outlook for the U.S., the Oracle of Omaha was willing to step in and provide Goldman with a $5 billion fund to save the company from ruin.
The deal came with conditions. In return for the funding, Buffett received preferred shares that promised a 10% annual dividend and warrants to purchase $5 billion in Goldman common stock at $115 per share.
Why settle for streaming only 1 movie when you can watch multiple shows at once on your phone, TV and video game console?
By Anthony John Agnello, Consumer and Technology Writer
As Netflix (NFLX) has grown dramatically over the past two years, analysts and industry pundits have wondered repeatedly when the streaming video company would hit a glass ceiling: No way could Netflix shares pass $200. No way could the company's subscriber base reach 20 million. No way could it continue to sign new content partners.
Well, Netflix has met and surpassed all of those hurdles, but even now it is facing new challenges. How will it fend off new competitors and keep growing its membership at a breakneck pace?
The answer may have arrived. Netflix offered a preview of its future strategy earlier this week, announcing it will begin offering "family plan" subscription packages later this year.
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.
It's been a rough road for the car-rental company. Analysts downgrade the stock after the news.
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 S&P 500 remains near its flat line, while Treasuries hover on their lows (10-yr yield +4 bps at 2.44%) following the recent release of the FOMC minutes from the July meeting.
While the market has slipped from its high, sector standing has not changed much with respect to the S&P 500. Consumer discretionary (+0.3%), financials (+0.1%), and industrials (+0.9%) continue showing relative strength, while consumer staples (-0.2%), health care (-0.2%), and utilities ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|