Taking profits from a winner

Third quarter looking bad for banks
Bank of America CEO Ken Lewis says he hasn't seen such difficult conditions for banks in his 39 years in the business. Ashley Milne-Tyte reports on...

Dow falls 370 points as fear grips markets
The Dow finishes at levels last seen in October 2004, but losses are cut substantially at day's end. The decline is prompted by heavy selling around...

Europe, Asia plunge; rocky week ahead
Skittish investors around the world avoid stocks as recession looms. Wachovia reportedly will be split between Citigroup and Wells Fargo. Bank of...

Paul Newman Planned for Charitable Legacy After Death
Newman personally distributed the profits from Newman's Own from the time of the company's founding in 1982 until two years ago, at which point he...

Stocks 105: The purpose of a company
The main purpose of a company is to take money from investors (their creditors and shareholders) and generate profits on their investments.