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Publication: MSN Money

First reported 14 hours ago - Updated 4 hours ago - 1 reports

Saks shoots higher on buyout buzz

Shares of Saks (SKS) spiked 18% to five-year highs Wednesday morning following a report that the retailer has hired Goldman Sachs (GS) to explore a possible sale to a deep-pocketed private-equity or sovereign-wealth fund. The knee-jerk rally indicates ... [Published MSN Money - 14 hours ago]

Entities: Saks Incorporated, Kohlberg Kravis Roberts & Co, Buyout

First reported 10 hours ago - Updated 10 hours ago - 1 reports

University of Michigan

When shopping is good for you

In a recent survey by TNS Global on behalf of Ebates.com, around 52% of respondents said they've engaged in "retail therapy," the act of shopping and spending to improve one's mood. Both men and women admitted they've opened their wallets when feeling ... [Published MSN Money - 10 hours ago]

Entities: Achillea Millefolium, University of Michigan, Golden Gate University

First reported 11 hours ago - Updated 11 hours ago - 1 reports

Gold mining stocks: 10 reasons it's time to be brave

Well, before we get too far ahead of ourselves, let's examine evidence of a "crash." I like to use crowd behavioral, empirical, and technical evidence in combination. 1. In a recent money managers' poll, virtually nobody was bullish on gold or gold stocks, ... [Published MSN Money - 11 hours ago]

Entities: Mining, Insider, S&P 500

First reported 12 hours ago - Updated 12 hours ago - 1 reports

Beware: Market insiders are selling

Even as new highs draw mom-and-pop investors back into the market, it looks like the so-called smart money is getting out. Here’s what they see coming.On the face of it, things couldn't be better in the stock market. And the average American is feeling ... [Published MSN Money - 12 hours ago]

Entities: Insider, Wall Street, Stock Prices, Las Vegas (Nevada, United States), Stock Market

First reported 12 hours ago - Updated 12 hours ago - 1 reports

Augusta State University

Millennials wait as boomers hang on

Slow-to-retire older workers are often blamed for stifling opportunities for younger generations. The theory doesn't hold up, but tensions remain.Younger workers can't seem to get a break. Just as members of the Millennial Generation were trying to launch ... [Published MSN Money - 12 hours ago]

Entities: Workers, Augusta State University, Project Management, Chad, Succession

First reported 12 hours ago - Updated 12 hours ago - 1 reports

McDonald's Corporation

McDonald's unveils its highest-calorie item ever

The food press has already begun clutching its pearls over the fat content and the potential health consequences of the boat-sized order of fries, which will be available May 24 through June. At an estimated 1,142 calories, it is the highest-calorie food ... [Published MSN Money - 12 hours ago]

Entities: McDonald's Corporation, Burger King Holdings Inc, Del Taco, Jamba Juice Co

First reported 12 hours ago - Updated 12 hours ago - 1 reports

Toll Brothers Inc

Bernanke's losing battle?

Shares of JPMorgan Chase (JPM) hit their highest point in a decade a day after shareholders voted to allow Jamie Dimon to keep his dual role of chairman & CEO. Target's (TGT) first-quarter profit fell 26% and the retailer lowered guidance for the rest ... [Published MSN Money - 12 hours ago]

Entities: Stocks, Annaly Capital Management Inc, Toll Brothers Inc, GameStop Corp, Jamie Dimon

First reported 13 hours ago - Updated 13 hours ago - 1 reports

Most people will spend Memorial Day at home

AAA also noted "fee fatigue" among air travelers as another factor keeping folks closer to home this year. The forecast project 8% fewer people will be flying this weekend.Retailers surveyed by the association were optimistic they would have a stronger ... [Published MSN Money - 13 hours ago]

First reported 13 hours ago - Updated 13 hours ago - 1 reports

How Samsung could save Best Buy

"We are interested in doing more, and we see it as win-win-win," Joly said. "It's winning for the customers, it's winning for the vendors, and it's winning for Best Buy."Aren't we leaving somebody out of the "winning" equation there, Charlie Sheen? Oh, ... [Published MSN Money - 13 hours ago]

Entities: Best Buy Co Inc, Samsung Group, Apple Inc

First reported 13 hours ago - Updated 13 hours ago - 1 reports

Why the stimulus can never stop

The overall theme: The market, full of overconfident and increasingly complacent investors, is fully addicted to the cheap money coming from the Fed and other global central banks.It's like everyone is high on the financial heroin of monetary policy stimulus, ... [Published MSN Money - 13 hours ago]

Entities: Federal Reserve System, Monetary Base, Mortgages, Ben Bernanke

First reported 14 hours ago - Updated 14 hours ago - 1 reports

What if the corporate tax rate went to 0%?

"The corporate tax rate ought to be zero," Harvey Golub, the former CEO of American Express (AXP), told Bloomberg Television. Golub, currently the chairman of financial advisory firm Miller Buckfire, said the result would not only be fair, but would boost ... [Published MSN Money - 14 hours ago]

Entities: Harvey Golub, Taxes, Apple Inc, Capital Gain

First reported May 21 2013 - Updated 21 hours ago - 2 reports

Futures rise as Bernanke takes the stage

Morning newsDisney- (DIS) owned ESPN announced it will cut 300 to 400 jobs or 4%-6% of its workforce.JPMorgan Chase (JPM) voted not to split the chairman and CEO roles.Oklahoma tornado was listed as one of the top five costliest in history. S&P 500 futures ... [Published MSN Money - 21 hours ago]

Entities: Earnings Per Share, Ben Bernanke, Futures

Quotes

There are, of course, other healthy alternatives to retail therapy. Rick of the University of Michigan says, "If you can dust off a decision you've been waiting for at home ?- how to rearrange your bookshelf or where to plant that new flower in the garden -? I think it would have similar positive effects."

When shopping is good for you [Published MSN Money - 10 hours ago]

...Quoting Ted Dixon, CEO of Ink Research, "Such a high level of buying interest among officers and directors within their own businesses in the resource sector has correctly foreshadowed a recovery in share prices in the past: That high point of nearly five years ago came about six weeks before the venture market bottomed on December 5, 2008? While the excitement that surrounded mining stocks as recently as two years ago has waned, experienced value investors recognize that such periods of investor neglect often give rise to the best deals." (Source: TheGlobeandMail.com)

Gold mining stocks: 10 reasons it's time to be brave [Published MSN Money - 11 hours ago]

"In my opinion, this phenomenon (is) mainly predicated upon two things: the economy$ . . .$ and the fact that upper management is now retiring later in life. It's a ripple effect that is felt all the way down to recent graduates."

Millennials wait as boomers hang on [Published MSN Money - 12 hours ago]

...Joly's response: "The more traffic attracted to our stores, the better this is for everybody."

How Samsung could save Best Buy [Published MSN Money - 13 hours ago]

More Content

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When shopping is good for you [Published MSN Money - 10 hours ago]
Gold mining stocks: 10 reasons it's time to be ... [Published MSN Money - 11 hours ago]
Beware: Market insiders are selling [Published MSN Money - 12 hours ago]
Millennials wait as boomers hang on [Published MSN Money - 12 hours ago]
McDonald's unveils its highest-calorie item ever [Published MSN Money - 12 hours ago]
Bernanke's losing battle? [Published MSN Money - 12 hours ago]
Most people will spend Memorial Day at home [Published MSN Money - 13 hours ago]
How Samsung could save Best Buy [Published MSN Money - 13 hours ago]
Why the stimulus can never stop [Published MSN Money - 13 hours ago]
Saks shoots higher on buyout buzz [Published MSN Money - 14 hours ago]
What if the corporate tax rate went to 0%? [Published MSN Money - 14 hours ago]
Vale's vale of tears in Mozambique [Published MSN Money - 14 hours ago]
5 steps to marital money bliss [Published MSN Money - 14 hours ago]
Why you shouldn't invest in JPMorgan [Published MSN Money - 15 hours ago]
Abercrombie controversy? Investors don't care [Published MSN Money - 15 hours ago]
Meet the class of 2013, the most indebted yet [Published MSN Money - 15 hours ago]
Apple would do better spending that cash [Published MSN Money - 16 hours ago]
How to repay your student loans [Published MSN Money - 16 hours ago]
Apple's stock is slipping, but its brand value ... [Published MSN Money - 16 hours ago]
Wealthy nation can't afford to retire [Published MSN Money - 16 hours ago]
The Tea Party and your taxes [Published MSN Money - 16 hours ago]
Drill and bill: 2 paths to high income [Published MSN Money - 17 hours ago]
Canada woos America's foreign skilled workers [Published MSN Money - 18 hours ago]
5 myths about credit counseling [Published MSN Money - 19 hours ago]
They were wrong about Whole Foods [Published MSN Money - 19 hours ago]
Home Depot nails its numbers, unlike Lowe's [Published MSN Money - 19 hours ago]
Subway deems McDonald's shameful? [Published MSN Money - 20 hours ago]
States fall short on helping struggling citizens [Published MSN Money - 20 hours ago]
Futures rise as Bernanke takes the stage [Published MSN Money - 21 hours ago]
Chick-fil-A thrown back into gay marriage debate [Published MSN Money - 21 hours ago]