The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group for all cash» Read More
Stocks closed higher in choppy trading Tuesday, wiping out the previous session's declines, thanks to better-than-expected earnings reports and as investors remained hopeful that the central bank may still be open to further easing.
U.S. stock index futures were higher Tuesday following a batch of better-than-expected earnings and as investors speculated Federal Reserve chairman Ben Bernanke may give fresh clues about further stimulus measures on the heels of several weak economic reports pointing to an economic slowdown.
Stocks ended lower in light, choppy trading Monday, amid ongoing worries over the slowing economy and ahead of Fed Chairman Ben Bernanke's speech later this week.
The co-founder of the trailblazing private-equity firm Kohlberg Kravis Roberts is actively involved in managing the firm famous for its leveraged buyout of RJR Nabisco 25 years ago.
U.S. stock index futures remained in negative territory Monday, following a weaker-than-expected retail sales report and after stocks staged a sharp rally in the previous session, snapping six-day losing streak.
The tech companies are trying to catch the blockbuster iPad in a race to win the tablet market, the New York Times reports.
THE business deal from hell began to crumble even before the Champagne corks were popped. The $580 million sale of Dragon Systems had just been approved by its board and congratulations were being exchanged. But there was a sense that something was amiss, the New York Times reports.
Friday the 13th turned out to be a lucky day for stocks, with the Dow and S&P 500 snapping a six-day losing streak, propelled by sharp gains in financials following JPMorgan's earnings report.
U.S. stock index futures held small gains Friday, lifted by financials following JPMorgan's earnings report and after official figures showed China’s economy grew in line with economists’ expectations.
Dentsu dropped 6.3 percent to 2,162 yen as investors judged its purchase of British marketing group Aegis for 3.2 billion pounds ($5 billion) as overpriced.
Stocks rebounded off their session lows in afternoon trading, with the Dow turning positive as home builders rose sharply while Merck helped lead a rally in health care shares.
U.S. stock index futures pointed to a lower open on Wall Street on Thursday as investors who continued to fret about a slowdown in economic growth were left uneasy after the minutes of the June 20 meeting of the Federal Reserve’s interest rate setting committee showed no appetite among committee members for a resumption of quantitative easing.
Dentsu’s takeover of the digital communications agency Aegis would create a “compelling combination” of two companies looking to expand globally, Jerry Buhlmann, CEO of Aegis Group told CNBC.
Stocks recovered from their worst levels but still finished lower Wednesday in choppy trading, after minutes of the Federal Reserve's latest meeting offered no strong hints about more easing to prop up the sluggish economy.
U.S. stock index futures rose Wednesday, after stocks fell for four-consecutive sessions, as investors looked ahead to the minutes of the latest Fed meeting to find out how close the central bank was to delivering a third round of quantitative easing in addition to extending Operation Twist through to the end of 2012.
PTT Exploration and Production, the subsidiary of PTT, may be still holding out its bid for Mozambique-focused oil and gas explorer Cove Energy, but one analyst says the acquisition is a bad idea for the Thai oil company because it would hurt its balance sheet.
Stocks finished lower in volatile trading Tuesday, dragged by industrials, after a batch of profit warnings overshadowed earlier optimism that Germany's top court will approve the euro zone's new bailout fund.
Ticket sales are up 13 percent, averaging 41,000 a game. That puts the Dodgers in sixth place in MLB ticket sales.
U.S. stock index futures gained on Tuesday after euro zone leaders ratified the terms of a bailout agreement for Spain’s banking sector and as traders speculated that Germany's top court would approve the EU's permanent bailout fund.
Stocks eased off their worst levels Monday but still closed in negative territory as investors remained jittery ahead of the earnings season and amid renewed global growth concerns.
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