It turns out, choosing an amusing ticker symbol isn't just an exercise in fun-and-games. Several studies have found that companies with clever or catchy ticker symbols tend to perform better. Here are some examples.
Conventional wisdom suggests that when everyone is selling stocks, a good way to make money is to buck the trend and buy. That is, as long as you have an iron stomach and are in for the long haul.
Peabody Energy, the largest U.S. coal producer, has made a $3 billion unsolicited bid for Australia's Macarthur Coal, which is itself in the midst of an acquisition maneuver. Macarthur has already rejected Peabody's bid as inadequate, but Peabody isn't giving up so easily.
