Dividend stock traps, worst is yet to come for retailers, know your CD - Today in Money 10/14

In the News:
19 Stocks That Missed the Rally
A small group of S&P 500 companies missed out on a historic stock rally which saw the largest point increases in history for the S&P 500 and the Dow. Among them were General Electric, Gannett, Sears, KB Home to name a few.
http://money.cnn.com/2008/10/13/markets/no_rally/index.htm

Retail Shakeout: Worst Is Yet to Come

Experts warn that the credit freeze combined with slumping sales - and a likely dismal Christmas season - will force out many more retailers in 2009. Among those in danger are stores in the jewelry, household appliances, furniture and restaurant sectors. Department stores, home furnishings and specialty names are most at risk of bankruptcy or store closings.
http://money.cnn.com/2008/10/13/news/economy/retail_shakeout/index.htm?postversion=2008101313


Casual Dining Chains Hunger for Change
There's growing sentiment that this is something the whole $75 billion casual dining industry needs to do. We know their names - such as T.G.I. Friday's, Chili's, Applebee's - but over the years, too many of the nation's 81,000 casual dining restaurants have come to look, taste and feel the same. These tough times are forcing the industry to rethink, retrench, reprice, redesign and even re-imagine. Here are 6 things top casual dining executives, consultants and consumers think chains need to do now.
http://www.usatoday.com/money/industries/food/2008-10-13-casual-dining-restaurants_N.htm


Beware Dividend Traps

Dividend cuts are coming. Here are some companies that will likely reduce their dividends. They include Bank of America, GE, Morgan Stanley, Macy's and Nordstrom.
http://www.forbes.com/home/2008/10/13/macys-nordstrom-santander-pf-ii-in_pr_1013dividend_inl.html


Know Your CD

Certificates of deposit, with their 3% to 4.5% yields, are the current kings of the hill. But make sure you read the bank's fine print.
http://www.marketwatch.com/news/story/certificates-deposit-offer-top-rates/story.aspx?guid=%7B770E3A65%2DB71E%2D45CC%2D91CD%2D40CEAA6CF58E%7D


Buy Meat By the Side

With grain futures on the rise, meat is poised to reach an unheard of price per pound. Here's how to keep your family eating quality local beef without breaking your budget.
http://www.mainstreet.com/article/lifestyle/food-drink/buy-meat-side


A Growing Biz: Bodyguard to the Stars

Even with the market tanking, business is good for Picore Worldwide. With clients like top corporate executives and celebrities like Paula Abdul, this high-end security firm is gunning for more growth.
http://money.cnn.com/2008/10/10/smallbusiness/my_bodyguard_picore.fsb/index.htm?postversion=2008101310

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DJIA-89.2312,801.23
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Last updated: February 13, 2012: 06:08 AM

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