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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

World

Mummy Brain Imprints Discovered Inside 2,000-Year-Old Skull (Photos)

Scientists are baffled over the appearance of imprinted blood vessels inside the skull of a 2,000-year-old mummy. The male mummy, named W19, was found in 2010 with over 50 others in the ancient Kom al-Ahmar/Sharuna cemetery in Egypt. But W19 was the only one to show detailed imprints of brain vessels, and he’s the oldest recovered mummy in history […]

World

This Hilarious ‘Grease’ Parody Is All The Convincing You Need For Legalized Weed

Sandy and Danny have never looked quite as marijuana-friendly as they do in 4 Twenty Today’s shot-for-shot parody of “You’re the One That I Want” from “Grease.” 4TT is a weed-friendly YouTube news channel that wholeheartedly supports Florida’s Amendment 2, which decriminalizes marijuana use for those with medical marijuana authorization. Sandy’s new incarnation, Mary Jane, […]

Women

6 Looks Every Girl Should Steal From Her Boyfriend’s Closet

Although there probably isn’t any science to back it up, there’s something about wearing somebody else’s clothes that makes you look – and feel – instantly better. When you’re tired of your own closet’s offerings, turning to a friend’s is an easy way to give your self-esteem a boost. One closet you probably haven’t ever […]