The Dow Is Dumb
Dating back to 1896, the Dow Jones industrial average, known as “the Dow,” is a surprisingly flawed index of stocks. Full Story
Name That Company
Based in a New York town that bears my name, I lead the world in specialty glass and ceramics. I manipulate the properties of light to develop and commercialize innovative products, and I serve the consumer electronics, mobile emissions control, telecommunications, semiconductor, aerospace, defense, astronomy, metrology and life sciences industries. I trace my history back to 1851. Full Story
P&G Inches Forward
The Motley Fool Take
Procter & Gamble (NYSE: PG) has been busy slashing prices and realigning its product portfolio to compete a bit more on a value platform. In this tough economy, though, that hasn’t been enough to drive big growth. Full Story
My Dumbest Investment
Circa 1999 or 2000, I purchased stock in EMC Corp. for around $55 per share and watched it soar to roughly $100. Not knowing when to sell and not sticking to a plan (I was both greedy and emotional), I ended up selling somewhere in the $15 range. Since then I have not seen EMC even close to those high prices. It still haunts me to this day.
— M.D., online
Last week’s trivia answer
I was founded in Indianapolis in 1876 by a Civil War veteran who, dismayed by the hawking of “medicines” in sideshows, began developing high-quality medicines to be dispensed by doctors. I introduced the world’s first insulin product in 1923, and in the 1940s I developed a method to mass-produce penicillin, the first antibiotic. Full Story
The V.C. Scoop
Q What do venture capitalists
— A.N., West Hills, Calif.
A Partners in venture capitalist (“V.C.”) firms pool their money and invest in fledgling companies, sometimes specializing in certain industries or areas, such as computer-related technology or biotechnology. Full Story