1:38Now watching Up next
Paris, France on a Budget Can Be Fun With These Top Travel Secrets
Traveling to Paris? Do it on a budget and save more money for retirement. Airfare is among the larger expenses so plan to spend a thousand dollars for a round trip ticket unless booking a repositioning cruise, which occur when cruise companies are relocating their ships. You can quite possibly get to Europe from Miami without jet lag and at a discounted price. Get tipsy for free by visiting the website parisbymouth.com, which lists wine tastings, restaurant openings and food tours among many other events. Walking the grounds of the Chateau de Versaille with all its shrubbery, statues and fountains is well worth the cost of a subway ride. People watching is a past time in of itself in Paris. For the price of a cup of coffee at a popular cafe on Rue Mouffetard, you'll be entertained for hours.
3:59Now watching Up next
EXCLUSIVE: DJ Armin van Buuren on the Business of Electronic Dance Music
Generating over $4 billion a year, electronic dance music (EDM) could be transforming from a genre into a full-fledged business. DJ Mag's Five-time world #1 and Grammy nominated DJ, Armin van Buuren, sits down in an exclusive interview with TheStreet to explain how the global phenomenon of EDM is impacting all aspects of the music industry. Performing in front of almost one million people a year, he explains that access to music is more important than buying music. He says the live performance is essential to the success of the digital music genre. He further talks about how technology has shaped the industry into the global success it is today and what it has done for his career.
3:24Now watching Up next
Financial Adviser Offerings Expand, Pure Stockbrokers No More
Financial advisers need to provide more services than ever to satisfy their clients, said Nicholas Stuller, CEO of AdviceIQ. Stuller stopped by TheStreet to cap off National Financial Advisors Week. He said the skill sets of the modern financial adviser have broadened along with the resources that are available to them. Stuller added that advisers and clients need to work together to identify benchmarks and fees, especially when the percentage of customers paying per individual stock trade is declining. Finally, he discussed the benefits of traditional asset managers versus the independent registered representative.
5:03Now watching Up next
Facebook Under Fire as Drag Queens Take Stand on Profile Name Changes
The clock is ticking on Facebook users who use aliases on their personal page to change it to their legal name or risk having their page deactivated. Facebook is giving users a week to make the changes. It has become a hot button issue on social media, and drag queens are one group that has been very vocal about the policy. Harmonica Sunbeam, a drag performer, says people use their personal page as 'a building block to build their fan base' before they go on to launch a celebrity fan page. TheStreet's Legal Analyst Vanessa Soman says there is no legal reason Facebook is making it a requirement to use legal names. Soman says, 'Facebook should be thinking outside the box of how to come up with a solution. There are ways that they can do that without shutting down pages.' TheStreet's Ruben Ramirez has details from New York.
1:13Now watching Up next
What to Watch on Wall Street for Monday, September 22nd 2014
In today's ‘What to Watch on Wall Street’ segment for Monday, Sept. 22nd 2014, we tell you about New York Federal Reserve Bank President William Dudley who will speak on reversing quantitative easing at the Bloomberg Markets Most Influential Summit in New York. On the earnings front, we cover financial results for AutoZone (AZO) and food safety company, Neogen Corp (NEOG). On the U.S. economic calendar, the Chicago Fed National Activity Index for August as well as the numbers for existing home sales are due out. For the latest financial news and updates from Wall Street, check back here on TheStreet.com throughout the day.
0:52Now watching Up next
Caterpillar Inches Lower as Demand for Mining Machinery Stalls
Shares of Caterpillar fell on Friday making it TheStreet's Move of the Day. The manufacturer of construction equipment said global machinery sales plunged 10% over the three months to August. Machinery demand was markedly weak in Latin America where sales tanked 29% year-over-year. Softness in the region was partially offset by sales in North America which climbed 8%. In its mining equipment division, sales plummeted 33% globally. Demand has suffered, a product of mining companies relying upon pre-existing mines in lieu of expanding or opening new sites. Caterpillar was Friday's worst performing-stock on the Dow Jones Industrial Average.
1:14Now watching Up next
Alibaba Starts Trading at $92.70, Cramer Warns Against Buying High
Chinese e-commerce giant Alibaba began trading on the New York Stock Exchange on Friday, opening at $92.70 with an initial offering price of $68 a share. In the moments after the stock began trading, it climbed higher -- nearly touching $100. But Jim Cramer says investors should beware of buying too high. Cramer says the stock is not a bargain between $90 and $100, and investors who care about valuation will sell it at those levels. The company started trading with a market capitalization of about $228.5 billion, making it more valuable than both Facebook and Amazon. Its market capitalization is still behind that of Apple and Google.
1:00Now watching Up next
Nasdaq Turns Lower, Dow and S&P 500 Still Higher on Alibaba Debut
The Nasdaq turned lowered in midday trading Friday as the other major markets continue to move higher, boosted by the excitement over Alibaba's (BABA) debut at the New York Stock Exchange. The Chinese e-commerce giant priced its IPO at $68 a share and it began trading at $92.70 a share up roughly 35%. Yahoo (YHOO) owns about a 24 percent stake in Alibaba and is trading higher. The Conference Board's index of leading economic indicators increased 0.2% in August. The expectations was for a rise of 0.4%. Concur Technologies (CNQR) is up about 18% on news it will be bought by German's software giant SAP for $8.3 billion. Telsa (TSLA) is moving lower after an analyst at Goldman Sachs (GS) commented on concerns about the timing and capital needs of the new gigafactory.
2:33Now watching Up next
Fifth Avenue Logjam as Consumers Wait to Pick Up iPhone 6
The line to pick up the next generation of iPhones extended from Apple's flagship store in New York all the way down Fifth Avenue Friday morning. Those first in line had been waiting for upwards of 20 days for the iPhone 6. It was the first time Apple was allowing consumers to pick up the device in-store. The new bigger 5.5-inch screen on the iPhone 6 Plus was a big draw for gamers and avid fans of video on their phone. Mashable's Chief Correspondent and Editor-at-Large Lance Ulanoff talks about the improved functionalities. Meanwhile, Samsung starts taking pre-orders today for the Galaxy Note 4, which sports a 5.7 inch screen.
0:57Now watching Up next
Alibaba Recommended as 'Buy' by Cantor Before a Single Trade
In Friday's Analysts' Actions, Cantor rates Alibaba a BUY, Oracle gets downgraded and Rite Aid gets a price target cut. Cantor Fitzgerald initiated coverage of Alibaba (BABA) before a single share even traded with its top 'BUY' rating and a price target set at $90 a share. The stock IPO'd on the top end of the range at $68 so that's about a 32% increase. The firm believes the Chinese e-commerce giant is the best way to play the growing online consumer market in China. Oracle (ORCL) was downgraded at Deutsche Bank to HOLD from BUY. The price target was also lowered to $42 from $48. The analysts there say Larry Ellison stepping down is a concern as the company faces transitions in the industry. JPMorgan cut its price target for Rite Aid (RAD) to $6.50 from $8. The firm is maintaining its OVERWEIGHT rating for the stock but says Rite Aid's disappointing full year outlook is the reason for the lowered estimate. The firm is reiterating its OVERWEIGHT rating. The lower price target is due to Rite Aid's disappointing guidance full year.