Poor corporate earnings reports are pounding the stock market in a sour end to an otherwise strong week. The Dow Jones industrial average fell more than 200 points for its worst day in four months.
GE reportedly will buy back slightly more than $12 billion shares, although the company has not made a formal announcement or filed paperwork with the SEC. The action would get GE's share-float back to 2008 levels, but will its shareholders care about the move?
Street Directory recently made the argument that if investors want some degree of price stability, they should buy stocks which have heavy daily trading volumes. But what if an investor prefers the potential of sharp moves up or down that comes with a stock whose normal daily volume is modest?
Tech giant Apple has blown by Internet behemoth Google to become the world's most valuable brand, according to branding research firm Millward Brown. See which other companies made the list.
A Chinese-based cast-resin transformer manufacturer, Jinpan International might be poised to pop. Well situated for green energy and with a solid bottom line, this may be a stock worth watching!
They're the brands you can't help but know, with logos that nearly everyone recognizes. These companies were founded back in the 1800s and became major players in the next century -- and the one after that. And while their logos have changed over time, they're essentially just refinements of the originals.
Warren Buffett's Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke's nearly 4% drop is a weight on Buffett's portfolio.
Comcast reached an agreement with Time Warner that will allow the cable-television giant to air content from Time Warner's Turner Broadcasting unit on Comcast's Xfinity videostreaming service.
Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week's strong earnings bode well for coming corporate reports.