Stocks inched higher on Wall Street Monday after a November sales report at McDonald's helped offset concerns about the surprise resignation of Italy's prime minister, Mario Monti, who has been credited with restoring confidence in Italy's economy.
Warren Buffett was clearly in a selling mood during the second quarter: He unloaded big stakes in consumer products companies and put Intel outside his portfolio altogether. But he didn't just sit on the cash.
Given the sluggish recovery and a strapped consumer, you'd expect to see corporate America trudging along, not racing for glory. In fact, the Fortune 500 are thriving as a group.


