Comcast and Time Warner Cable have entered negotiations to sell cable assets worth up $20 billion to Charter Communications in a deal aimed to allay Washington's concerns about their proposed merger.» Read More
Stocks rallied to session highs in the final hour of trading Thursday as investors snapped up beaten-down stocks following the international trade report and after the Greek Cabinet supported a new round of austerity measures for the debt-ridden nation.
Stocks advanced Thursday, buoyed by banks and energy, seeking to reverse a six-day losing streak as investors were encouraged report showing that exports hit a record high in April, narrowing the U.S. trade deficit.
Futures added to gains Thursday even after new claims for unemployment benefits gained last week, and following news the U.S. trade deficit fell unexpectedly.
The woes of Nokia, the world’s largest phone maker, took another turn Thursday with the departure of a key executive and further falls in its share price.
Biotech will grow over the long-term as more companies start-up in an attempt to solve diseases and other human conditions, Terry McGuire, co-founder and general partner of Polaris Venture Partners, told CNBC Wednesday.
Stocks finished lower for the sixth-consecutive session Wednesday as investors worried over a slowing recovery following Ben Bernanke's grim outlook and after the Fed's latest Beige Book, which showed signs of a slowdown in several regions.
Merger and acquisition activity will continue to accelerate in the second half of 2011 with deal sizes increasing, according to the report by advisory firm PricewaterhouseCoopers.
Stocks were poised to close lower for the sixth-straight session Wednesday amid concerns over the recovery following Ben Bernanke's grim economic outlook and after the Fed's latest Beige Book stated that several regions showed signs of a slowdown.
Stocks fluctuated in a narrow range Wednesday amid concerns over a grim economic outlook, while oil prices advanced after OPEC failed to reach an agrreement on hiking production.
Russian state-owned bank Sberbank is not looking to buy the Eastern European assets of Austrian bank Raiffeisen and it is still in talks to buy the Eastern European branches of Volksbank, Sberbank CEO Herman Gref told reporters on Wednesday.
Futures fell Wednesday as investors worried over Fed chairman Bernanke's view of the economy and technical market indicators that point to more weakness ahead.
Helping individuals to make money is the next big trend for investing in online companies, according to one of the early investors in TweetDeck.
What is one to make of recent economic data, particularly in the advanced countries? Is the world economy slowing? If so, should policy do anything about it and, if so, what might the alternatives be? The FT reports.
Stocks gave up all of the day's earlier gains Tuesday to close lower for a fifth straight session, after Fed chairman Ben Bernanke acknowledged the economic slowdown, but didn't imply any further monetary stimulus ahead.
Stocks remained higher in the final hour of trading Tuesday amid light volume, ahead of Fed chairman Ben Bernanke's speech on the economic outlook.
Stocks gained Tuesday amid a low-volume session, led by gains in energy, as the dollar declined to a one-month low.
Novartis has won the auction for medical testing company Gen-Probe, according to a report in the Wall Street Journal on Tuesday.
BP is to restart stalled talks with Russian state oil company Rosneft to sell part of its stake in TNK-BP, the Wall Street Journal reported citing people familiar with the situation.
Stocks closed lower for the fourth-consecutive trading session Monday, led by weakness in banks and energy, as investors turned cautious over a slowdown in the recovery.
Stocks extended their losses in the final hour of trading Monday, led by banks and energy, as investors turned cautious amid signs of an economic slowdown.
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Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
CNBC.com Enterprise Reporter Lawrence Delevingne discusses how the private equity industry views Africa.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..