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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 […]

Also On Elite

Sports

Everyone’s A Winner! The 20 Sexiest Fans At The 2014 World Cup

The 2014 World Cup has been one for the ages. In 63 games played so far, we’ve seen some remarkable talent… and I’m not even talking about on the pitch! The female fans of the World Cup have not disappointed, and it really reminds us all in America what we’re missing out on. These women […]

World

Pro-Russia Rebel Leader Claims Responsibility For MH17, Deletes Post

The Ukrainian separatists accused of shooting down Malaysia Airlines Flight 17 denied the attack over claims that they don’t possess the advanced weaponry needed to hit a plane traveling at 33,000 feet. But according to Mashable, they only denied responsibility after learning that the plane was a civilian aircraft and not a Ukrainian military plane […]

World

The Freed Elephant Who Cried Tears Of Joy Has A New Best Friend Who Shares Her Snacks

Raju, the elephant who cried tears of joy upon being released from abusive captivity, has been introduced to his new adoptive family at Elephant Conservation and Care Centre at Mathura in northern India. Raju’s first friend, Phoolkali, is a female rescue elephant who was emaciated and partially blind when she was found in a windowless, deserted warehouse […]

Motivation

9 Simple Things To Do When You Don’t Feel Like You’re Good Enough

We all need a motivational boost from time to time. While we would like to think of ourselves as machines, the truth is that we aren’t. We are animals. We are organisms. We have minds, and minds cannot possible run on high indefinitely. We require much more maintenance and finesse in handling ourselves and making […]

World

Teen Girl Is Embracing The Fame She’s Getting For Taking A Selfie Inside Auschwitz

A new teen craze of taking selfies at Auschwitz has swept some corners of the Internet, and Twitter user Breanna Mitchell has taken some heat for hers. The teenager uploaded her selfie to Twitter on Sunday with the message, “Selfie in the Auschwitz Concentration Camp” accompanied by a blushing smiley face emoji. The photo has been retweeted over […]