Top Stories Archive

Is the iPad doomed?

Uh oh. That arrow’s pointing the wrong way. Tablet sales are “crashing,” says Best Buy’s CEO! IPad sales are sinking fast! Is this the beginning of the end for the tablet? Easy, there, tiger. Tablets are still

3 ways Target’s new CEO can become a retail legend

After a three month search Target (TGT) has found a new CEO. 55-year old Brian Cornell will become only the fourth person to head the company since 1984 and the first outsider to move straight into the

Don’t be fooled, all is not well for stocks

For those who only watch the headlines, the stock market looks as if it’s doing a pretty decent job digesting 6 years of gains. The Dow (DJI) is hanging out near record highs in the 17,000 area,

Old tech value names trump new tech growth

Looking for a well valued sector to plow some money into? You may be surprised by David Lefkowitz of UBS and his call to take a look at the names in big tech. “If you look at

Fund manager: Random stock picking will beat S&P

The SP 500 (^GSPC), considered to be the a leading indicator of U.S. equities, is flawed, according to one of the U.K.’s most successful hedge fund managers, who said that investors would be better off choosing stocks

The world’s most expensive Big Mac

Would you pay $7 for a Big Mac? If you took your U.S. dollars to Norway, that’s how deep the exchange rate would set you back. There, a McDonald’s (MCD) Big Mac costs 48 Norwegian kroner, which

Dow 17,000 is more than just another ‘big round number’

The SP 500 (^GSPC) hit yet another record on Wednesday propelled by decent earnings from Apple (AAPL) and Pepsi (PEP). For the year the total return of the SP is approaching 10%. Since the generational lows of

Dow 20K? Not before shedding 3,000 points

“When you have all this liquidity chasing a fixed number of assets the asset price inflation takes place.” That’s Komal Sri-Kumar rather neatly summarizing the cynic’s take on the last 5 years of the stock market. “It

Apple profit soars but iPads slump

Apple sales and profit soared last quarter despite a steep decline in demand for the iPad. The iPhone, Apple’s flagship product, continued to gain significant traction. Apple sold 35.2 million iPhones in the past three months, up

Is Germany still the champion?

By Philip Blenkinsop BRUSSELS (Reuters) – A week on from its World Cup soccer victory, Germany may return to center stage, though this time not with fan celebrations but concerns over the health of Europe’s economic motor.