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Investing
If you can’t beat ‘em…buy ‘em out.  That’s the approach Big Beer is taking in combatting the rise of microbrewing.  Anheuser-Busch InBev (BUD) announced last week it would be buying 10 Barrel Brewing Co., a microbrewery based on Bend, Oregon.  This follows BUD’s move earlier this year to buy Blue Point Brewing Co. It’s easy...
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Bourbon whiskey lovers rejoice: Production of your poison of choice has risen to levels last seen in the 1970s. For whiskey to legally meet the definition of “straight bourbon,” it must be aged a minimum of two years in new charred oak barrels, and many of the high-end, small-batch bourbons so popular with the hipster crowd...
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Battled electronics retailer RadioShack (RSH) started the trading day down 14% on an earnings release that was worse than expected—and let me emphasize that expectations were not high going into the release. Revenues for the quarter were down 13% year over year, and its $0.97 per share loss was almost double the consensus estimate of...
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2014 has been a kick to the teeth for investors in momentum stocks.  The popular names of last year, such as social media darlings Facebook (FB) and LinkedIn (LNKD) and new technology stocks like Netflix (NFLX) and Tesla Motors (TSLA) are all down 15%-30% from their March highs.  And Twitter (TWTR), the biggest IPO story...
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It’s official: Japanese stocks are in correction. After closing at a recent high of 16,291 on Dec. 30, the Nikkei was down by about 14% through yesterday’s close. The iShares MSCI Japan ETF (EWJ), the most popular Japan ETF, is down a more modest 9%, due in part to currency effects (the yen tends to...
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