Ranbaxy Laboratories Ltd shares tumbled 35 percent Monday, following reports that the U.S. Food and Drug Administration (FDA)had announced an import alert against the drug maker's Mohali plant.
Monster Beverage Corp., a U.S. maker of energy drinks, disclosed Thursday that it received a court order from an unnamed state attorney general in July as part of an investigation into its flagship product.
Stock markets took a beating worldwide Friday after disagreement over handling Europe's debt crisis scared investors into divesting risky assets.
In an attempt to save themselves from the adverse impacts of the waning global economic outlook, investors made a beeline for the supposedly secure and infallible gold.
Japan crisis loomed large on the U.S. markets as they continued their downward trend for the third consecutive day. The political turmoil in Bahrain and weak report on the housing sector also contributed to the loss.
What companies are tomorrow's big winners? In our ongoing series, I'm chatting with Fool analysts and advisors to discover the stocks they're watching and the catalysts that would signal it's time to buy.
I finally decided to hold my nose and take the plunge -- bye-bye cable TV and landline phone, hello modern communications. And I picked a heck of an interesting time to do it.
Monday
The holiday-shortened trading week kicks off with Nuance Communications (Nasdaq: NUAN), Focus Media (Nasdaq:FMCN), and Tyson Foods (NYSE: TSN) reporting.
"Believe me, I'd be fine if these companies fail, but the whole economy is on the line," President George W. Bush warned a congressman in Sep. 2008, according to his just-released memoir Decision Points. "The son of a bitch is going down if we don't step in." He's not the only one who felt that way.
Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.