Local Business News
Electric Cars: The Right and Wrong Reasons for Buying
When all is said and done, it's all about the actual driving experience.
National Top Stories
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Stocks Fall as Fed, China Jolt Global Markets
Major U.S. stock averages on Thursday dip on fears of a Fed pullback and a China slowdown.
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Bullish Two Hundred Day Moving Average Cross - VVUS
In trading on Thursday, shares of Vivus, Inc. crossed above their 200 day moving average of $14.90, changing hands as high as $15.04 per share.
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RSI Alert For Top-Ranked Fort Dearborn Income Securities IN
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Fort Dearborn Income Securities IN presently has a stellar rank, in the top 10% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
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Guggenheim BulletShares 2020 Corporate Bond (BSCK) Shares Cross Below 200 DMA
In trading on Thursday, shares of the Guggenheim BulletShares 2020 Corporate Bond ETF crossed below their 200 day moving average of $21.21, changing hands as low as $21.20 per share. Guggenheim BulletShares 2020 Corporate Bond shares are currently trading up about 0.1% on the day.
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IPW Makes Notable Cross Below Critical Moving Average
In trading on Thursday, shares of the SPDR S&P International Energy Sector ETF crossed below their 200 day moving average of $24.90, changing hands as low as $24.75 per share. SPDR S&P International Energy Sector shares are currently trading off about 0.5% on the day.
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The Digital Skeptic: Eerie How Web's Future Looks Like Useless Erie Canal
Wonder of the world? Once, but it's not too early to call out the vision of a 50-million-mile Web trench to nowhere.
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This Is How Much Women Love Smartphones and Not You
Most women in a survey would give up sex before their smartphone -- which they'll use to break up with you.
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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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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.
U.S. Small Business
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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Veterans to Get More Small Business Loans
The U.S. Small Business Administration on Tuesday launched the SBA Veteran Pledge Initiative, a commitment by 20 of the largest banking institutions to increase their lending activity to veterans by 5% per year through 2018.
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How Your Boss Can Help You Save for Retirement
U.S. workers having a tough time with retirement savings may have help from an unlikely source -- their employer.
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Cities Need More Starbucks, Not CityTargets
By not innovating now, brick and mortar retail such as Target poorly prepares itself to respond to inevitable disruption.
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How Dale Katechis Made Oskar Blues Beer a Can-Do Beer
Here's how a craft brewer converted a town of good ol' boys, made cans a standard and leapt cross-country.
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Why the End of 'Craft' Beer Is Just a Tax Break Away
In this civil war, it's brewer against brewer and the BEER Act against the Small BREW Act in Washington, D.C.
Mobile & Gadgets
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Pandora Surges on Revenue Strength
Pandora shares are jumping in afterhours trading as investors cheer its revenue results.
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Windows Ad Turns The Table On Apple
Microsoft's new operating system TV ad compares "Apples" to Windows.
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Apple: Keep Tim Cook's Feet to the Fire
Don't associate Tim Cook's performance on Capitol Hill with his ability to innovate at Apple.
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This Is How Much Women Love Smartphones and Not You
Most women in a survey would give up sex before their smartphone -- which they'll use to break up with you.
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Bloomberg's 'Spygate' Marks Murdoch's Latest Salvo
The New York Post has played pitbull as News Corp. attempts to chip away at Bloomberg's profitable analytics business.
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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Tesla's Elon Musk: A Financial Wizard
Tesla's DOE loan repayment speaks volumes about CEO Elon Musk's financial savvy.
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Dicker: Natural Gas Is Going to $5
Dan Dicker reiterates his call of $5 natural gas by the fourth quarter and gives Jim Cramer a few stock ideas.
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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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Dicker: Is the Commodity Supercycle Over?
Dan Dicker talks with Jim Cramer on why the Citi call of the 'end of commodities supercycle' is wrong and how to play it.
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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.
Don't Miss
Abercrombie Forced to Apologize
Abercrombie & Fitch issued an apology and pledged to take significant steps following consumer outrage over its CEO's controversial comments.
Delta's JFK Jewel Pressures United at Newark
Delta on Friday will open a long-awaited $1.4 billion terminal at JFK, where it replaced Pan Am to become the largest carrier.
Have Weak Sales Hurt Wal-Mart's Value?
Wal-Mart doesn't always get the credit it deserves for operating one of the most efficient businesses in the world.
Jim Cramer's "Mad Money"
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Cramer's 'Mad Money' Recap: The Market and the Machines
U.S. markets are no longer bound to other countries, Cramer said, but now the machines are in control.
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'Mad Money' Lightning Round: I Like CVS Over Rite Aid
Cramer wants you to wait on Corning and AT&T and he's watching Oracle.
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Cramer's 'Mad Money' Recap: Ignore the Fed
What Ben Bernanke says may have some effect on the market, but not much, Cramer said.
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Cramer: They Were Wrong About Whole Foods
Thanks to health-conscious millennials, this company is in fine shape.
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'Mad Money' Lightning Round: Buy Tractor Supply
Buy Toll Brothers but avoid iShares MSCI Mexico, Cramer said.
Investing Tips
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Kass: Apple Is Ripe for a Buy
The risk/reward ratio has begun to move into positive territory.
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5 Stocks Under $10 Set to Soar
These under-$10 stocks look poised to trade higher from current levels.
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Taubman's Tasty Preferred Shares
The common shares of the shopping-mall owner are expensive, but its preferred shares are worth a look.
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Tesla's Elon Musk: A Financial Wizard
Tesla's DOE loan repayment speaks volumes about CEO Elon Musk's financial savvy.
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5 Big Stocks That Could Drop in May
The market rally might have the fundamental and technical legs to keep climbing, but keep your finger on the 'sell' button for these five stocks.
Automotive
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Tesla's Elon Musk: A Financial Wizard
Tesla's DOE loan repayment speaks volumes about CEO Elon Musk's financial savvy.
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Chrysler to Tesla: Not So Fast on Payback Claim
Tesla says it's the only U.S. automaker to repay its federal loans, but Chrysler paid back its loans in 2011.
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Morning Briefing: 10 Things You Should Know
U.S. stock futures fall; Japanese stocks nosedive; HP earnings top estimates; Ford closing plants in Australia; Pandora to report earnings.
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Electric Cars: The Right and Wrong Reasons for Buying
When all is said and done, it's all about the actual driving experience.
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Stocks to Watch: HP, Ford, Sears, Gap
Hewlett-Packard posts first-quarter earnings that top expectations.
Luxury & Leisure
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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How Dale Katechis Made Oskar Blues Beer a Can-Do Beer
Here's how a craft brewer converted a town of good ol' boys, made cans a standard and leapt cross-country.
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Food Trends At Their Freshest in San Diego
In Southern California, here's you should eat to catch some of the hottest spring menu trends.
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10 Reasons to Stop Being a Jerk and Drink a Fruit Beer
You'll throw a withered lime into a Corona, but won't try a beer brewed with apricot? Time to rethink that.
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Media, Not Maple Leafs, Should Be Ashamed
Media outlets on both sides of the border failed to provide meaningful or necessary context alongside their coverage of Monday's Game Seven collapse in Boston.
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Is The NHL Really Still the No. 4 Sport?
The question must be asked: Is the NHL in any financial or cultural position to call itself a 'major' U.S. sport?
Markets
NEW YORK (TheStreet) -- Major U.S. stock averages dropped Thursday after a choppy trading session, as investors worried the Federal Reserve would scale back stimulus and China could be headed for a slowdown.
A better-than-expected jobless claims report gave way to worries that the labor market was indeed improving and would encourage the Federal Reserve to taper its bond-buying program. Manufacturing data in China indicated an unexpected contraction in manufacturing activity in the country, culminating into the steepest decline for the Nikkei 225 in Japan since the aftermath of the tsunami and nuclear disaster in March 2011. The index closed down 7.3%.
"We had about a 3% intraday move to the downside from yesterday's high to today's low based upon what came out of the Fed yesterday," said Phil Orlando, chief equity market strategist at Federated Investors. Equities did retrace from their intraday lows by midday. "This market has gone vertically . . . and this is the most hated rally in the history of the stock market . . . and I expect down 3% some cash started to come into the market at the margin."
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