Nothing like a subtle winner duking it out against a loser. Stocks dont fight each other. But on days like today with the dow sank 130 points, s p tumbled and then the nasdaq, wow, 1. 38 , the clash is so obvious we cant resit resist visiting the battlefield. So who is getting the spoils and whos getting vaporized . While almost all stocks ended down today, you have to think about relative winners and losers and that means you want to continue to bet on the major cord, to bet on value, not growth, as growth just got pulverized. Well value held its own and outperformed the benchmarks that a what Money Managers want. This contest its nothing new. These two cohorts have been going at it all year, but its only recently that the match has become one sided. As the Fastest Growing companies with little or no profit have been crushed. Sell sell sell. Sell sell sell. On both up and down days often. While the most Profitable Enterprises with decent growth, sure, they take lumps on days when the
That will not be broken down. We are following fast developing news. Yet another report that terrorists had bigger and more deadly plans beyond tuesdays deadly terror attacks that killed 31 people and wounded more than 300. Now an expert involved in a probe into isis told nbc news that the brothers behind the bombing here in brussels spied on a top nuclear researcher in belgium. They had hoped to build a socalled dirty bomb. This hour a massive manhunt is still under way in belgium and the target, one of the two suicide bombers at the airport who is called the man in white. Officials dont know his name or background. Police say he left the third bomb at the airport but it failed to go off as planned. Security experts say more plots could be in the works. Do you feel safe here . At this very stage, no. We are also learning more about the other two men at the airport. They are seen in this surveillance photo. The man on the left, jaji jajim laachraoui, the bomb maker in brussels and the
Appoints Lance Rosenzweig, an Experienced Corporate Leader with a Background Driving Efficiencies and Simplifying Corporate Structures, as Interim CEO
Company to Target Additional Annualized Cost.
WASHINGTON (dpa-AFX) - Shipping and mailing company Pitney Bowes Inc. (PBI) announced Wednesday the appointment of Lance Rosenzweig as the Company's interim Chief Executive Officer, effective immediately.