John Sculley, former Apple CEO and Managing Partner at Inflexionpoint, expects Alibaba to push on with its buying spree after listing in the U.S.» Read More
Stocks rallied for a third consecutive session amid Microsoft's $8.5 billion acquisition of Skype, strength in China's economy, and rising commodity prices.
Stocks traded near the highest levels of a quiet session ahead of the market close on Tuesday.
Forget Skype. The "Mad Money" host thinks Microsoft should have bought this company.
Skype will continue to offer products across all platforms after it becomes a division of Microsoft, Chief Executive Tony Bates told CNBC Tuesday.
Ralcorp, the owner of Post cereals, has hired two proxy solicitors as it plays defense against unsolicited bids from rival ConAgra, according to a person familiar with the matter.
Stocks rose amid solid economic reports, stabilizing oil prices, and news of growth in the Chinese economy.
Stock index futures are modestly higher after news import prices rose at a slower pace in April, and that margins for crude futures were raised 25 percent.
Stocks closed modestly higher as oil and precious metals staged a strong comeback, sending prices in the energy and materials sectors higher.
Stocks held firm gains in the final hour of trading on Monday as a rebound in oil and precious metals pushed energy and materials sectors higher.
Stocks traded slightly higher after fluctuating throughout the morning following Standard & Poor's downgraded Greece, reigniting worries about the health of the euro zone.
Stock index futures gained ahead of the open on Monday, rising in line with commodities as investors hunt for bargains after last week’s sharp losses for oil and silver in particular.
Stocks closed modestly higher amid falling oil prices and a rising dollar as investors were encouraged by a surprisingly strong report on April jobs growth.
Stocks stabilized in the final hour of trading off the highs of the day, but still up nearly half a percent amid falling oil prices and sliding energy stocks, but in the aftermath of a surprisingly strong report on jobs growth in April.
Stocks continued to trade at lofty levels, buoyed by news of surprisingly strong job gains in April.
Len Blavatnik’s Access Industries has snagged Warner Music Group for $8.25 a share, according to a person familiar with the matter, ending a three-month auction process featuring a dozen bidders.
Lloyd C. Blankfein has his share of critics, but perhaps none are more vocal than Evelyn Y. Davis, an outspoken gadfly with a long history of haranguing corporate executives at annual meetings. The New York Times reports.
Stock index futures pointed to a higher open on Friday after steep losses on Thursday, with all eyes on April nonfarm payrolls which is expected to show a slowdown in job creation.
Glencore's $11 billion from its initial public offerings in London and Hong Kong will give the commodity trader considerable firepower for acquisitions and could preface a wave of consolidation in the mining sector, analysts say.
Dramatic headlines on US debt and fears over a Greek restructuring of debt are not worrying one investor, who tells CNBC investors should be focusing on some good news from China, not on the wall of worry.
One of the consequences of ultra-loose monetary policy in the United States has been investors looking for yield in the emerging world.
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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..
Data from industry tracker Eurekahedge showed hedge funds in Europe managed a record $476.2 billion by the end of March, surpassing the previous high of $473 billion hit in October 2007, as investors look to tap into the region's gradual recovery.
Loeb's $14.5 billion hedge fund Third Point currently owns a 9.6 percent stake in Sotheby's and started a proxy contest earlier this year, putting Loeb and two other people forward as directors.