2014 readers choice results

Articles filed under Markets

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  • Global stock markets were down sharply Monday on tensions over Russia’s military advance into Ukraine and the threat of sanctions by Western governments.

    Global stocks slide as tensions build in UkraineMar 3, 2014 12:00 AM
    Russia’s military advance into Ukraine rattled global markets Monday. News: U.S. stocks fell the most in a month and the price of crude oil rose sharply as traders feared Russian exports could be affected by sanctions. Gold and bond prices rose as investors sought safety. The Standard & Poor’s 500 index had its biggest drop since Feb. 3, following markets in Europe and Asia lower, as Russia’s military tightened its grip on the Crimea region of Ukraine.

     
  •  Warren Buffett, chairman of Berkshire Hathaway Inc., speaks in 2012 during an interview at the Economic Club of Washington dinner event in Washington, D.C.

    Highlights from Warren Buffett’s annual letterMar 1, 2014 12:00 AM
    Buffett had plenty of good news to discuss Saturday as he recounted the performance of his Omaha, Neb., based company with humor and wit. He also dispensed some investing advice.Here’s some of what Buffett had to say.

     
  • Coca-Cola products sit on display in a supermarket in Princeton, Ill., on Thursday. Berkshire Hathaway Inc. has gained fame with equity investments in businesses like Coca-Cola, which appreciated after his purchase.

    Berkshire Hathaway profit up 10 percentMar 1, 2014 12:00 AM
    Berkshire Hathaway Inc. owns roughly 80 subsidiaries, including railroad, clothing, furniture and jewelry firms. Its insurance and utility businesses typically account for more than half of the company’s net income. The company also has major investments in such companies as Coca-Cola Co., IBM and Wells Fargo & Co., and last year bought NV Energy and a major stake in H.J. Heinz.

     
  •  A GrubHub sticker is displayed next to photographs of items on the menu in the window of a restaurant in New York’s Times Square.

    GrubHub orders up an IPOFeb 28, 2014 12:00 AM
    The Chicago company, formerly known as GrubHub Seamless Inc., connects more than 28,000 restaurants with diners in more than 600 U.S. cities. It had 3.4 million active diners at the end of the yearend. An active diner is considered a unique diner account that has placed an order in the last year.

     
  •  Mt. Gox CEO Mark Karpeles speaks at a news conference Friday at the Justice Ministry in Tokyo.

    Chicago investor sues over bitcoin lossesFeb 28, 2014 12:00 AM
    “This catastrophic loss has not only revealed the instability of a burgeoning new industry, it has also uncovered a massive scheme to defraud millions of consumers into providing a private company with real, paper money in exchange for virtual currency,” Illinois resident Gregory Greene said in a complaint filed Thursday in federal court in Chicago.

     
  •  First Minister of the Welsh Government Carwyn Jones, right, visits the trading floor of the New York Stock Exchange Friday with NYSE Vice President Scott Cutler before ringing the opening bell.

    Strong February wipes out S&P 500’s January lossFeb 28, 2014 12:00 AM
    Spring will come, at some point, and the winter storms that have kept businesses closed and consumers away from stores will fade, investors say. All that pent-up demand will help the economy recover some of the ground lost in January and February.

     
  • U.S. stocks rose Thursday, sending the Standard & Poor’s 500 Index to a record, as Federal Reserve Chair Janet Yellen said the central bank may change its strategy for reducing asset purchases should the economy weaken.

    S&P 500 index closes at a record highFeb 27, 2014 12:00 AM
    After knocking on the door all week, the stock market logged a record on Thursday. The Standard & Poor’s 500 index had moved above its previous all-time high on numerous occasions this week, only to fade in afternoon trading. On Thursday, the index stayed higher after getting a boost from strong earnings reported by a number of U.S. companies including the drugmaker Mylan and several retailers.

     
  • Olympic skeleton silver medalist Noelle Pikus-Pace, with her husband Jason Pace and their children Traycen, center, and Lacee, visit the floor of the New York Stock Exchange after ringing the opening bell Wednesday.

    Stocks edge higher, but S&P 500 ends shy of recordFeb 26, 2014 12:00 AM
    The stock market is struggling to take it to the next level. For a third straight day the Standard & Poor’s 500 index traded above its record close but fell back to end below it. An early move higher Wednesday was led by retailers and home builders, but the gains mostly petered out in the afternoon. By the closing bell the index was up just a fraction of a point.

     
  • Airbus posts higher 2013 profitFeb 26, 2014 12:00 AM

     
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  • Lowe’s 4Q profit meets analysts’ estimatesFeb 26, 2014 12:00 AM
    Lowe’s fiscal fourth-quarter net income rose 6 percent, as the home-improvement retailer continued to benefit from the housing market’s recovery. The company also announced a new $5 billion stock repurchase program on Wednesday. Its stock surged in premarket trading.

     
  •  A specialist on the floor of the New York Stock Exchange watches the first period of the Winter Olympics ice hockey game Friday between USA and Canada.

    Hot start, cool finish for marketsFeb 21, 2014 12:00 AM
    The stock market has gained this month after getting a boost from decent corporate earnings for the fourth quarter and optimism that the economy will start to pull out of its winter slump as the weather improves.

     
  •  The Commack, N.Y., branch of Forest Laboratories, a Manhattan-based pharmaceutical company.

    Actavis to buy Forest Labs in $25 billion dealFeb 18, 2014 12:00 AM
    Actavis said it will pay $26.04 in cash and a third of an Actavis share for each Forest share. The total, per-share price of $89.48 is about 25 percent more than Forest’s $71.39 closing price Friday.

     
  •  Traders monitor stock prices last week at the New York Stock Exchange. Stocks were mostly higher in midday trading Tuesday as investors returned from a long holiday weekend.

    Stocks inch higher in quiet tradingFeb 18, 2014 12:00 AM
    Health care stocks rose more than the rest of the market after pharmaceutical company Actavis said it was buying rival Forest Laboratories for $25 billion in cash and stock.

     
  •  Venice Beach resident David Lomax enjoys the warm weather Friday in the Venice Beach area of Los Angeles. While a drought has stricken central California, southern grape growers report a record harvest for 2013.

    California grape growers celebrate bumper cropFeb 15, 2014 12:00 AM
    Wine brokers told The Modesto Bee that two back-to-back years of large harvests will mean wine aficionados should find plenty of bargain bottles on grocery store shelves. “Consumers are in a great position because of the amount of wine that is coming out of California,” said Erica Moyer of Riverbank, a grape and wine broker for Turrentine Brokerage in Novato.

     
  •  The John Deere facility in East Moline. Moline-based Deere & Co. says it will lay off about 120 workers at its combine plant in East Moline on March 31. The company said this week that it expects the North American farm-equipment industry to see a 5 percent to 10 percent drop in sales.

    Dollar drops as factory production slipsFeb 14, 2014 12:00 AM
    “This weaker data is bringing down growth expectations for the first quarter,” Robert Sinche, a global strategist at Pierpont Securities Holdings LLC in Stamford, said. “Investors came into the year with a pretty positive view on the dollar, and there’s been a squeeze going on.”

     
  •  Shutterstock’s Chief Technology Officer, James Chou, joined by members of the company’s leadership team and Fast Company’s Associate Editor, J.J. McCorvey rings the opening bell at The New York Stock Exchange in New York City.

    S&P 500 index logs its best week of the yearFeb 14, 2014 12:00 AM
    The S&P 500 rose 8.80 points, or 0.5 percent, to 1,838.63. For the week, the index rose 2.3 percent. The Dow Jones industrial average rose 126.80 points, or 0.8 percent, to 16,154.39. The Nasdaq composite rose 3.35 points, or 0.1 percent, to 4,244.03, its highest close since July 2000.

     
  • In this Wednesday, Jan. 8, 2014, photo, cans of Campbell's soup are photographed in Washington. Campbell Soup reported a higher quarterly profit on Friday, Feb. 14, 2014, as U.S. soup sales rose 5 percent. (AP Photo/J. David Ake)

    Campbell: Broth sales get bump from more cooking Feb 14, 2014 12:00 AM
    In a call with analysts on Friday, Campbell CEO Denise Morrison noted that the growth in broths is being driven by “an increase in homemade soup behavior” and people cooking more with broth in general.

     
  • Initial public offerings scheduled to debut next weekFeb 14, 2014 12:00 AM
    A list of initial public offerings planned for the coming week.

     
  • Stocks rose Thursday, after benchmark indexes ended a four-day rally yesterday, as better-than- forecast earnings and a $45.2 billion takeover of Time Warner Cable Inc. overshadowed a drop in retail sales.

    Stocks rise as investors assess earningsFeb 13, 2014 12:00 AM
    The stock market rose for the fifth time in six days Thursday as higher earnings from several big U.S. companies helped investors shrug off discouraging news about jobs and retail spending.

     
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