HP Bets on Google With the Help of Nvidia
Will HP be successful in selling its 10.1-inch tablet-laptop convertible for $480? It's hard to tell.
LOCAL BUSINESS NEWS
BUSINESS ROUND-UP
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Ansys Breaks Below 200-Day Moving Average - Notable For ANSS
In trading on Wednesday, shares of Ansys Inc. crossed below their 200 day moving average of $72.40, changing hands as low as $72.29 per share.
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ARRIS Group Breaks Below 200-Day Moving Average - Notable For ARRS
In trading on Wednesday, shares of ARRIS Group Inc. crossed below their 200 day moving average of $15.15, changing hands as low as $14.68 per share.
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NKTR Crosses Below Key Moving Average Level
In trading on Wednesday, shares of Nektar Therapeutics crossed below their 200 day moving average of $9.06, changing hands as low as $9.05 per share. Nektar Therapeutics shares are currently trading down about 5% on the day.
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Oversold Conditions For Compania Cervecerias Unidas (CCU)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
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Cresud Getting Very Oversold (CRESY)
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.
YOUR MONEY
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Dispatch from Internet Week: How Women Use Tech Differently
NEW YORK (MainStreet)— In today's society, we often strive for gender equality, but how marketers can recognize and capitalize upon gender differences was a hot topic… -
What You Wear to the Office Still Matters
A study shows 80% of U.S executives still say clothing choices are a big factor in hiring and promotions
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10 Family Vehicles You Can Still Look Cool In
Not ready to give in the minivan yet? Here are 10 vehicles with a sporty, urban and not-at-all parental facade.
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5 Delightful Strawberry Cocktails for Warmer Weather
In honor of National Strawberry month, here are some of the coolest strawberry cocktails being served.
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GS Experiences Gets The Party Started on What's wURKEN?
NEW YORK (MainStreet)—For this edition of What's wURKEN? Natasha Ellis discussed her company, GS Experiences, which provides parties and collaborative scenarios for companies as large…
ENERGY & GREEN BUSINESS
BP Withdrawing Some Staff From Libya
Oil company BP says it is temporarily withdrawing some nonessential and non-Libyan staff from its office in Libya's capital.
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Dicker: Linn Energy Is a Buy
Dan Dicker talks with Jim Cramer about Linn Energy and whether Barrons and the short sellers are right about the stock.
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Chevron: It's Cheap But Doesn't Look Cheap
Chevron consistently delivers solid profitability while maintaining one of the best balance sheets of any company in any sector.
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GE Capital to Pay $6.5 Billion Dividends to GE
GE Capital will pay even more in dividends to General Electric than it did last year, feeding a huge capital return to shareholders.
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Dicker: Activists in the Oil Patch
Do Icahn and Singer run the energy world? Dan Dicker talks with Jim Cramer about increased corporate activism and whether it's good for the companies involved.
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Berkshire Is an Insurance Company, Not a Nation-State: S&P
Standard & Poor's has cut Berkshire Hathaway's credit rating below that of the U.S. government.
HOUSING
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5 Reasons the Housing Market Will Keep On Rising
Home Depot's strong showing is just a bellwether of a good housing market to come, a Realtors group says.
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New Mortgage Lending Rule Intended to Protect Borrowers May Hurt Self-Employed
NEW YORK (MainStreet)—Beginning in January 2014, a new mortgage lending rule – the Ability-to-Repay rule, and as part of it, the qualified mortgage criteria –… -
You Want to Pin Down Your Home's Break-Even Point
Buying a house? The break-even point on that investment could be anywhere from two years to 5.2 years.
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Build a Strong Portfolio With REITs: Opinion
Want to sleep well at night? REITS should be the core of your investment strategy.
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5 Questions to Ask Your Realtor Before Hiring
NEW YORK (MainStreet http://www.mainstreet.com/)–Hiring a real estate agent to sell your home is a delicate process. You need an agent who is not only experienced…
INDUSTRY NEWS
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Saks Soars on Report Goldman Sachs Hired for Buyout (Update 2)
Saks is surging after a media report said that the luxury retailer hired Goldman Sachs to pursue 'strategic alternatives," possible a sale.
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How Dan Loeb's Sony Split Mirrors Yahoo! Rebirth
Sony and Yahoo!'s turnaround story doesn't start with a revival electronics sales and web traffic.
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Target Lowers Full-Year Outlook, Shares Fall
Target shares ticked lower on Wednesday after the discount retailer reported disappointing earnings results and lowered its full-year guidance.
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Morning Briefing: 10 Things You Should Know
U.S. stock futures trade higher; Ben Bernanke testifies before Congress; Lowe's earnings fall shy of estimates; HP reports after the closing bell.
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Stocks to Watch: Saks, Lowe's, Sony
Saks is exploring strategic alternatives, including a possible sale of the luxury department store chain, a report says.
Don't Miss
Your Investment Path to the Cloud
Salesforce.com reports earnings Thursday. Don't wait until then to buy it.
Texas Instruments Seems Due for a Breather
There is no way this company should command a higher P/E than Qualcomm, much less Intel.
5 Delightful Strawberry Cocktails for Warmer Weather
In honor of National Strawberry month, here are some of the coolest strawberry cocktails being served.
Today’s Video News
Markets
NEW YORK (TheStreet) -- U.S. markets on Wednesday erased morning gains, falling sharply after theFederal Reserve's minutes from its latest policy-making meeting showed that some members are open to scaling back monetary stimulus by June.
The minutes came hours after Fed Chairman Ben Bernanke reiterated his support of current monetary policy and argued that a pull-back in quantitative easing wouldn't be a prudent move.
"A number of participants expressed willingness to adjust the flow of purchases downward as early as the June meeting if the economic information received by that time showed evidence of sufficiently strong and sustained growth," the minutes said.
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