NYSE

Traders work on the floor of the New York Stock Exchange

US stocks fall on Bernanke remarks for more Fed easing

S&P 500 Index slid 3.63 points, or 0.31 percent, to trade at 1,220.95 at 09:55 a.m. EST. The Dow Jones Industrial Average is down 30.08 points, or 0.26 percent, to trade at 11,352.01. The Nasdaq Composite Index fell 0.28 percent to trade at 2,584.64.

Kellogg CEO Mackay to retire, COO Bryant to succeed

Boxes of Kellogg's cereal are seen stacked in a supermarket in New York
Kellogg Co. (NYSE: K) said chief executive David Mackay announced his plans to step down, and he will be succeeded by chief operating officer John Bryant, effective January 2, 2011. The cereal giant also reaffirmed its 2010 and 2011 sales and profit forecasts.
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Cameco's chief geologist Doug McIlveen stands in a tunnel inside the uranium producer's Cigar Lake mine

Uranium ETF provides play on nuclear energy

A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.
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Forex broker FXCM goes public with IPO

FXCM (NYSE:FXCM) raised about $211 million from its initial public offering (IPO) of 15,060,000 shares, priced at $14 per share -- the company now has a total market value of about $1 billion.
Bottles of Pepsi cola are seen in a display at PepsiCo's 2010 Investor Meeting event in New York

PepsiCo Becomes Russia's Biggest Food, Beverage Co. With Wimm-Bill-Dann Buy

PepsiCo Inc. announced an agreement to acquire 66 percent of Russia's dairy and fruit juice company Wimm-Bill-Dann Foods for $3.8 billion to boost its base in key markets in Eastern Europe and Central Asia. Upon completion of the deal, PepsiCo will be around twice the size of its nearest food and beverage competitor in Russia.
Motorola

Motorola sets split-off date on Jan. 4

Motorola, Inc. (MOT) said it has reduced the time frame for its plan to separate handset and cable set-top box businesses Motorola Mobility Holdings, Inc. from the company to January next year.
Traders work on the floor of the New York Stock Exchange

Stocks fall again on euro zone debt contagion fears

Stocks dropped again over fears of spreading euro zone debt crisis, although equities seemed to stabilize somewhat on mid-afternoon reports that Republic politicians agreed to compromise with President Obama on extending the George W. Bush-era tax cuts.
ShangPharma

Oppenheimer starts China's ShangPharma with outperform

Oppenheimer has initiated coverage on China's ShangPharma with an outperform rating and price target of $17, saying the company is well positioned to benefit from the rising Chinese clinical/contract research organization (CRO) industry.
Burlington Northern Santa Fe trains make their way through a rail yard in Cicero Illinois

Railway stocks on track for long-term growth

Railroad companies are probably not at the top of most investors’ wish list, but these stocks have performed superbly this year and likely represent a solid long-term investment theme.
Target

A tale of two retail giants on Black Friday

As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).
CPI Intl. to be bought by Veritas Capital for $525 mln

Veritas Capital To Buy CPI Intl. For $525M

CPI International, Inc. (CPII), which makes broadcast and wireless components, said it agreed to be acquired by an affiliate of private-equity firm Veritas Capital for about $525 million in cash.
Staples

J. Crew bought out, who's next?

J. Crew's takeover has boosted the stock prices of several other retailers, possibly because this acquisition is stoking M&A interest in the broad sector.
A train car waits in line at the Potash Corp's Cory mine site near Saskatoon

RBC Cuts Potash profit view

RBC Capital Markets lowered its profit estimates for PotashCorp after the company decided to fund its share buyback from sale of debt securities rather than utilizing its existing credit facilities.
Robert Gross, a trader from Barclays Capital, works on the floor of the New York Stock Exchange in New York

Stocks sink on Korean geopolitical tensions, euro zone dent worries

Stocks tumbled on heightened geopolitical tensions in Korea and rising fears about the spread of euro zone debt crisis. Minutes from the last FOMC meeting which revealed disagreements among policymakers over the efficacy of the second round of quantitative easing did not help market sentiment either.
Lithium-ion batteries

A lithium ETF: A new type of commodity investment

Given the explosive expansion of electronic gadgets in recent years, the demand for lithium has surged. Now, with the imminent development of more electric and hybrid vehicles (whose batteries will increasingly use lithium), demand for this obscure metal could skyrocket.
Cans of Campbell's Soup are stocked on a shelf at a grocery store in Phoenix

Campbell Soup Q1 profit falls 8 pct as costs rise

Campbell Soup Co. said quarterly earnings were hit by lower sales of its high-margin ready-to-serve and condensed eating soups, where higher promotional spending did not produce the planned volume gains.

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