U.S. pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a 60 billion pound takeover, Britain's Sunday Times reported.» Read More
Stocks closed well off the lows of the day after plunging in the wake of a powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. Caterpillar fell, while Home Depot rose.
A lengthy government shutdown could put a halt to some of the basic functions of Wall Street.
Stocks continued to trade lower ahead of the close, failing to rebound entirely after another powerful earthquake in Japan renewed investor fears about supply disruptions and the ongoing nuclear crisis, and as oil jumped above $110 a barrel. GE and Cisco fell, while Home Depot rose.
While the battle over the NYSE rages and we wait for a response from that exchange to the proposed $42.50 dual stock and cash bid from Nasdaq and Ice, it’s worth mentioning that among the most likely outcomes here is that the NYSE doesn’t get bought at all.
Roger Altman, chairman of Evercore Partners, told CNBC Thursday AT&T's deal for Deutsche Telekom's T-Mobile will be approved by anti-trust regulators. He also defended Berkshire Hathaway and Warren Buffett.
Stocks trimmed losses but remained down after news of a 7.4-magnitude earthquake east of Sendai Honshu, in northern Japan.
Stock index futures pared gains and traded flat despite news of a slightly better-than-expected drop in jobless claims and better-than-expected chain store sales, but also after largely expected news that the European Central Bank raised interest rates.
Bahrainis and expats living in the Kingdom of Bahrain have been living history over the past month as the events in Tunisia and Egypt inspired the mostly Shia majority in Bahrain to take the streets demanding political, economic and social reform.
Stocks closed higher amid rising prices for oil and gold, as the market hit new highs. Cisco and AmEx led Dow gainers, while Caterpillar fell.
Stocks added to modest gains in the last hour of trading amid rising prices for oil and gold, lifted by banks and technology. Cisco and AmEx led Dow gainers, while Caterpillar fell.
In March of 2009 the market hit the "generational bottom" and is now at the beginning of a "new secular bull market," Hank Smith, vice chairman, portfolio manager and CIO of Haverford Trust Company, told CNBC Wednesday.
An NYSE Spokesman told CNBC that a counteroffer for Nasdaq "is not an alternative we are considering, period."
Stocks gained Wednesday as commodity prices lifted mining stocks, and as tech stocks appeared to continue to benefit from M&A activity. Cisco and HP rose, while DuPont fell.
Stock index futures rose ahead of the open Wednesday as commodity prices continued to surge.
The "Mad Money" host said there are investing opportunities galore right now.
Stocks ended mixed ahead as tech stocks lost steam despite earlier gains driven by M&A activity, and as stocks bumped up against recent highs. Boeing fell, while Alcoa rose.
Stocks traded flat to mixed ahead of the close as tech stocks lost steam and stocks bumped up against recent highs. Caterpillar fell, while Alcoa gained.
Cisco Systems, which has shed 35 percent of its market valuation over the last year and has become the worst performing stock in the Dow Jones Industrials, "is ripe for some sort of activist assault," Rob Cox, columnist at Reuters Breakingviews, told CNBC on Tuesday.
The merger train has left the station, and it’s going to go run for another one to three years, Mario Gabelli, chairman and chief investment officer of GAMCO Investors, told CNBC Tuesday.
Stocks rose modestly as M&A news lifted stocks, although trading was light and largely directionless. Microsoft rose, while Caterpillar fell.
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