Surprise Chinese Trade Deficit Upends Stocks, Oil
Steve Schaefer, Forbes Staff
Steve Schaefer, Forbes Staff
Luisa Kroll, Forbes Staff
Quentin Hardy, Forbes Staff
Green Mountain Coffee Roasters shares sailed out of the ballpark Thursday with a deal to sell Starbucks brand coffee and Tazo teas for its single-cup Kuerig coffee machines starting later this year. Two weeks ago Green Mountain had made a similar deal with Dunkin Donuts, one of Starbucks' competitors, to sell its popular coffee brand in K-Cup form. read »
Remember how dicey it was to pick a bank stock in 2009, when the difference between a drowning institution and a cheap one was still anyone’s guess? Conservative investors can be forgiven if they took a pass on the sector. read »
H&R Block (HRB) said late yesterday it swung to a loss for its fiscal third quarter, but said [...]
The charts show that two grocers may soon emerge from trading ranges and head higher, offering investors who are feeling the pain at the checkout counter a little payback. Rising food prices over the past few months have been astounding, even to someone who follows commodity prices like I do. The relative performance, or RS analysis, of the food retail group suggests that the grocery stores have found a way to profit even with the higher prices. So can profits in some of the retail grocery stocks[...] read »
The U.S. trade deficit widened in January, says the Department of Commerce, to $46.3 billion from a revised $40.3 billion in December. Imports increased by $10.5 billion and exports increased $4.4 billion month to month. read »
If food is part of your investment strategy then the fertilizers are what you'll want to own. CF Industries Holdings (CF - Analyst Report) is trading at just 9.5x forward estimates even as crop prices skyrocket and farmers find themselves awash in cash. read »
The Bank of England stood pat on interest rates today, leaving its key lending rate unchanged at [...]
Amid a market beating Thursday that saw the major indexes slide more than 1.5%, the financial community also has its eye on a pair of Manhattan courtrooms where the biggest insider trading trial in years is heating up and bankruptcy D-Day is at hand for a name-brand retail chain. read »
Radio broadcaster Cumulus Media said today it has agreed to acquire Citadel Broadcasting Corporation for $37 per share in cash and stock. read »
Jo-Ann Stores reported fourth quarter results after the close of trading yesterday, with earnings of $40.4 million, or $1.53 per share, compared to $37.1 million, or $1.36 per share, in the same quarter last year. read »
