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News Preston Waters

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]

News Preston Waters

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]

News Preston Waters

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]

News Preston Waters

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]

News Preston Waters

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]

News Preston Waters

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]

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Wellness

5 Reasons Why Going Abroad Is The Perfect Way To Get Your Mojo Back

It’s a theme we see time and time again; heartbroken women head abroad to get back on the dating horse. Julia Roberts did it in “Eat Pray Love,” Diane Lane found some Italian sausage (as the movie so delicately put it) in “Under the Tuscan Sun” and Stella got her groove back in Jamaica. There’s just […]

Women

18 Situations Where Girls Throw Serious Shade And Don’t Even Know It

Throwing shade is a term that has been tossed around quite frequently. While this seems like a relatively new word, apparently Urban Dictionary has been more than well aware of it since 2006, thanks to Mary’s sister. So before we delve any further, let’s take a look at its definition: Basically, it’s the passive-aggressive tendency […]

World

Pabst Blue Ribbon Will Be Sold In Russia, And Now There Will Be Even More Hipsters

In dimly-lit dive bars across the country, the American hipster is weeping. Pabst Blue Ribbon beer was once the refreshment of blue-collar workers before becoming the unofficial drink of the young hipster movement. Today, Eugene Kashper of Russia-based Oasis Beverages announced the sale of Milwaukee-based Pabst Brewing Company. PBR is a 170-year-old brand that stretches […]

Film

Channing Tatum’s New ‘Dick Graze’ Trend Is Not One To Try In Public (Video)

“22 Jump Street” is about to be released on iTunes. In order to promote the film, Channing Tatum made a hilarious music video. It’s about the “Dick Graze,” a new craze supposedly sweeping the nation. OK, it’s not really sweeping the nation, but maybe it will if enough people watch this video. Basically, the “dick graze” is […]