Account
Procter & Gamble Co. (PG) suddenly looks like it did in 2009 -- without slapping on any Olay beauty cream. Late Thursday, the world's largest consumer product maker replaced former CEO Robert McDonald with his retired predecessor, Alan George "AG" Lafley. Mr. Lafley, who served as CEO from 2000 to 2009, will be charged with improving sales of products like Crest toothpaste and Tide detergent, introducing new products and cutting costs.Comebacks are, well, making a comeback on Wall Street. J.C. Penney (JCP) tried to steal some of Apple's magic when it poached Apple retail guru Ron Johnson to be its CEO in 2011, but last month hired back Myron "Mike" Ullman, who ran the company from 2004 to 2011. Apple's current dominance, after all, didn't begin until Steve Jobs returned to the fold for a second tenure as the company's leader.Can Mr. Ullman and Mr. Lafley pull a Jobs?Like all CEOs, Mr. Lafley and Mr. Ullman must decide which of his predecessor's plans he should keep, and what to discard...
Australia's largest listed gold miner by market value is taking a hard look at its cost structure in the aftermath of a sharp decline in the precious metal's price i...
Newcrest Mining Ltd. (NCM.AU), Australia's largest listed gold miner by market value, said it was assessing the scope of its mining operations following a slump in t...
Apple may have lost nearly half of its value since its peak in September, but it's still the talk of the town. Only this time, it's all about how low can it go?Wall ...
On October 17, 1012, the Financial Times ran an article titled, " Copper prices to fall but not collapse ."Here's an excerpt, try not to laugh:"Most traders expect a...
For the first time since 2009, copper prices are falling toward the cost of production.Copper's recent drop has pushed futures prices to the precipice of a bear mark...
Apple's (NASDAQ:AAPL) seven-month slump deepened on Wednesday as the former tech darling tumbled below the $400 threshold for the first time since late 2011 amid jit...
Fearless Wealth CEO RC Peck, Kaltbaum Capital Management’s Gary Kaltbaum and personal finance expert Jordan Goodman on the outlook for the economy and markets.
Spot gold bounced back Tuesday from its lowest price in more than two years after falling more than 9% Monday--the biggest one-day drop in gold since the early 1980s...
U.S. stock indexes fell the most in five months Monday, swept up in a rush out of gold, oil and other commodities, after reports from China showed the industrial gia...
U.S. stocks Monday were on track for their worst day in seven weeks, with the Dow industrials at one point falling more than 200 points, after data pointing to a Chi...
Gold bugs thrive on a sense of panic to push their view that gold is the safest investment of all. But who's panicking now?"Everybody wants out," said Darin Newsom, ...
Zephyr Management managing director Jim Awad weighs in on the huge selloff of gold, which will be destabilizing for the market at large.
By Gary HarloffThis year the equity markets have been good with S&P 500 Index up 10.94% and Nasdaq 100 up 6.75% through the end of April.Gold is in a bear market and...
The stock price for Tesla Motors (NASDAQGS:TSLA) has been a rocket ship, but one ETF has more zip.The Direxion Daily Gold Miners Bear 3x Shares (NYSEARCA:DUST) is be...
How ugly has the gold market gotten? So ugly that even goldbugs are completely dazed and confused. Here's just a brief summary of their hilarious views over the past...
Penn Financial CEO Matt McCall and Lebenthal Asset Management’s James Lebenthal break down the recent record closing for the Dow Jones Industrial Average.
Gold miners must focus on ensuring profitable operations after a slump in the precious metal's price forced a review of costs for some producers, a senior Credit Sui...
Bill Gross said the three-decade bull market in bonds ended last week when the 10-year Treasury yield hit 1.67%, but the manager of the world's largest bond fund str...
Goldman Sachs Group Inc. (GS) on Tuesday closed its recommendation to "short" gold, telling clients to exit bets on lower gold prices.The bank had told its clients t...
