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Chipotle, GM Get Thumbs Up; Michael Kors Losing Fashionable Following

In Thursday's Analysts' Actions, TheStreet highlights upgrades for Chipotle Mexican Grill (CMG) and General Motors (GM), along with ratings cuts for the struggling Michael Kors (KORS).

U.S. Markets Open Lower Despite $37B Deal Between Broadcom and Avago

U.S. markets started Thursday's trading session in the red despite a $37 billion mega deal in the chipmaking space.

Avago Technologies to Acquire Rival Broadcom in $37 Billion Deal

Chip-maker Avago Technologies (AVGO) said it agreed to acquire rival Broadcom (BRCM) for $37 billion in cash and stock.

Chinese Stocks Tumble the Most in Four Months on Central Bank Moves

Chinese stocks tumbled by the most in 4 months as brokerages tightened lending restrictions and the Central Bank in China drained cash from the financial system.

UK Retailers Sports Direct, Kingfisher Gain on Strong Results

European stocks were mixed to lower on Thursday, as the U.K. left its first-quarter GDP growth estimate unchanged.

Out With Mutual Funds: Should Your Retirement Portfolio Consist Only of ETFs?
  • As exchange-traded funds have become more popular, some investors now only own these baskets of stocks instead of mutual funds in their retirement portfolios.

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Markets

DOW 18,080.13 -82.86 -0.46%
S&P 500 2,114.68 -8.80 -0.41%
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