• Gold has gone from lustrous to full-blown loser. It's now down eight days in a row-- its longest streak lower in the last four years. Meanwhile silver's not shining either. Yahoo Finance! Senior Columnist Mike Santoli has more in the video above.

    The biggest headline in corporate news this morning is about our company, Yahoo!(YHOO). It's buying Tumblr, the micro-blogging site. CEO Marissa Mayer tweeted an announcement at 8:13 eastern time. It reads, "I'm delighted to announce that we've reached an agreement to acquire Tumblr. We promise not to screw..." Sources say the Yahoo! board approved a purchase price of $1.1 billion dollars last night. This will be Yahoo's seventh acquisition and the biggest one since Mayer became CEO last July. Tumblr has a very young user base, so one of its selling points is a "cool factor." As for Yahoo!, the stock is up 70% in the last year.

    There will be extra eyes today on Anadarko Petroleum (APC). On Friday the stock had a momentary flash crash. It was

    Read More »from Gold & Silver Dented Again; Yahoo! Buying Tumblr; Star Trek Encounters Trouble
  • The Campbell Soup (CPB) company is just out this morning with its quarterly report. The company posted earnings of 57-cents a share when analysts had expected 56-cents which would have been the same as one year ago. Sales were up 15% beating expectations and topping $2-billion. Campbell's stock has been a standout among U.S. based packaged food companies. It's Pepperidge Farm division has been doing particularly well perhaps in part because of the collapse of Hostess. Campbell shares are up 32% year to date, which is actually about $5 above its consensus price target.

    Next up is Acquity (AQ) group, which closed under $6 on Friday. But is now trading at more than twice that on news of a takeover bid. The tech consulting firm Accenture (ACN) says it's buying Acquity for $13 a share. Acquity is the second-largest independent digital marketing company in the US. But it's still relatively small with annual revenue of about $140-million. Prior to the announcement of the deal, Acquity was

    Read More »from Campbell Soup Earnings; Clothiers Urban Outfitters and PVH to Report
  • Where Does Gold Go From Here?

    Where does gold go from here? The precious metal is now down the last eight straight days. That's its longest losing streak in four years. Yahoo! Finances Matt Nesto and Mike Santoli discuss what's driving prices down and how low they could go. The pair also talk about Fed minutes being released later this week and the insider trading scandal involving SAC.

  • Super-Chef Batali: Here’s How I Built My Brand

    "We call them 'munchies' now. Then we were just 'starving'," chef, entrepreneur and restaurateur Mario Batali told "Off The Cuff," reminiscing about his undergraduate years at Rutgers University in New Jersey.

    “In college, when we were hanging around at the end of the evening after many potent beverages,“ he laughed, “we would get together and decide we were hungry after the restaurants had closed.“

    “That was the beginning of my sneaky tricks,” he continued. ”That's when I started to figure out just what ‘al dente’ meant in pasta and how simple things could actually be remarkably delicious, provided I did not have to do the dishes.”

    At Rutgers, Batali studied Finance and Spanish Theater of the Golden Age. He graduated in 1982. “After that, of course there were no jobs in Spanish Theater of the Golden Age,” he said. But cooking to satisfy those late-night cravings led him to study at Le Cordon Bleu, the venerable French cooking institution. It didn’t last.

    “I dropped out of Cordon Bleu due to impatience and foolishness. I just thought it was moving too slowly because I thought I was a big shot chef. And in fact I was wrong. And I should've gone all the way through the program,” he said.

    Read More »from Super-Chef Batali: Here’s How I Built My Brand

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