When Morgan Stanley and Dean Witter got married back in 1997, the idea was to create a Wall Street powerhouse: a white shoe investment bank (Morgan Stanley) with a nationwide, albeit work-a-day, distribution network (Dean Witter). That, at least...
A recent New York magazine article declared 2005 a golden age for video games, and anyone who has played Resident Evil 4, Madden NFL 2005 or Grand Theft Auto: San Andreas can agree. What remains to be seen is whether this golden age extends to the...
Wall Street worshiped large pharmaceutical companies for much of the past two decades, and for good reason: The big pharmas had it all rock-solid balance sheets, strong earnings and a seemingly endless pipeline of novel drugs. More recently, the...
Sometime or other, 40 percent of Americans will hear the words It's malignant. The good news, for both patients and investors, is that pharmaceutical companies are pioneering new, more effective cancer treatments all the time. The deadliest form...
Want to invest in China? Consider Australian mining companies. Commercially speaking, China and Australia are growing closer by the minute. China's ambassador to Australia, Fu Ying, recently told a Sydney audience that the gears of the two...
Eliot Spitzer has gone on the warpath again, this time against insurance companies, leaving their stocks wounded some critically along the trail. When Spitzer guns for an industry, investors typically get out of the way, and it was no different...
Richard Branson, founder of Britain's Virgin Atlantic Airways, was once asked the best way to become a millionaire. There's really nothing to it, he joked. Start as a billionaire and then buy an airline. Branson's joke must seem like...
When famed American novelist John Updike let his philandering anti-hero Rabbit Angstrom finally improve his life in Rabbit is Rich, he had Rabbit inherit a Toyota dealership. Before long the Angstroms did well enough to purchase not one, but two...
Heard the one about what a redneck divorce and a tornado hold in common? (One way or another, someone's losing a trailer.) Or maybe you've run across one of those humorous trailer trash tests featuring questions like, If your front porch were to...
Ordinarily, the phrase in the tank is one that makes investors cringe, but this time around might prove an exception. Tankers, those giant ships that haul everything from oil to iron ore, are in high demand, which means they're likely to have...
