BC-Business News Digest
DETROIT â¿¿ An auto industry research firm says an improving economy and a host of new models should push U.S. auto sales above 15 million this year. That's 7 percent higher than the Polk firm's prediction of 14.5 million sales for 2012 â¿¿ itself the strongest year since 2007.With: â¿¿ ITALY-FIATâ¿¿ Fiat says 2012 was the worst year for car sales in Italy since 1979, but that the manufacturer nevertheless managed to slightly increase its share of the national market. â¿¿ WENDY'S-VALUE MENUâ¿¿ Wendy's no longer thinks a hamburger has to be 99 cents to be a deal. The fast-food company has replaced its 99-cent value menu with a beefed up array of options called "Right Price Right Size," with items ranging from 99 cents to $1.99 as costs for meat, cheese and other ingredients rise. â¿¿ MIDAMERICAN-SOLARâ¿¿ Berkshire Hathaway's utility MidAmerican Energy is buying two solar power projects under construction in Southern California from SunPower Corp. that will generate 579 megawatts of electricity. â¿¿ CANADA-ARCELOR-POSCO-CHINA STEEL DEAL â¿¿ Global steel giant ArcelorMittal will sell a 15 percent stake in one of its Canadian iron ore operations to an Asian-led consortium for $1.1 billion. â¿¿ SHELL-ARCTIC DRILL SHIP â¿¿ High seas and strong winds are preventing crews from boarding an oil drilling ship to check for any damage after the large vessel went aground off an uninhabited island in the Gulf of Alaska. â¿¿ YELLOWSTONE OIL SPILL â¿¿ Federal investigators say Exxon Mobil Corp.'s delayed response to a pipeline break beneath Montana's Yellowstone River made the spill far worse than it otherwise would have been. TECHNOLOGY & MEDIA MICROSOFT-GOOGLE-ANTITRUST PROBE SAN FRANCISCO â¿¿ Microsoft is making a last-ditch effort to convince government regulators that they need to crack down on Google to preserve competition on the Internet and in smartphone markets.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV