CNBC's Kayla Tausche reports from Allen & Company's media conference where many are talking about Aereo's new plan to operate as a cable company.» Read More
Stocks squeezed out a small gain in thin, choppy trading Monday, erasing most of the session's earlier rally as traders were hesitant to fully jump in without any proper market conviction.
High-frequency trading should not be broadly categorized as one strategy, Dick Grasso, the former chairman and CEO of the New York Stock Exchange, told CNBC Monday.
Futures rose on Monday, helped by a gains in the European markets and after all three major averages logged their biggest four-week decline since Mar. 2009 in the previous week.
Stocks accelerated their selloff to finish near session lows in light, choppy trading Friday as investors were reluctant to remain in the market ahead of a weekend, amid worries over a global recession in addition to the ongoing euro zone jitters.
Technology companies typically don’t make the best targets for activist investors, given how quickly things can change in their business. And it’s hard to imagine anyone could mount a successful fight on a company with a $49 billion market value. But when it comes to Hewlett-Packard, all bets are off.
Futures were off their worst levels Friday, but were still lower, pressured by losses in Asia and Europe and many investors concerned the world economy is on the brink of another recession.
Stocks closed off their worst levels Thursday, but were still down sharply, following a handful of disappointing economic news and over continuing worries over the stability of euro zone banks.
The Fast traders explain why they wouldn't buy H-P on the news it is acquiring a software company and spinning off its PC arm.
Futures extended their sharp losses Thursday after a gloomy forecast on global growth, continuing worries about the European debt crisis and following news that jobless claims rose more than expected last week.
An enforcement lawyer at the Securities and Exchange Commission says that the agency illegally destroyed files and documents related to thousands of early-stage investigations over the last 20 years, according to information released Wednesday by Congressional investigators, reported the New York Times.
The Dow and S&P closed near the flat line after toggling between small gains and losses for most of the afternoon in light volume trading Wednesday. The Nasdaq fell, however, as tech stocks dragged on the market.
The weakness of the American consumer is having repercussions in China, which may stop buying more U.S. Treasurys as it focuses on internal consumption rather than exports, Stephen Roach told CNBC Wednesday.
Futures remained mixed Wednesday after news core producer prices rose at their fastest pace in six months in July, but were buoyed by several positive earnings news from big retailers.
Standard & Poor's downgraded Google to sell from buy with a $500 price target Tuesday, because of the web company's planned $12.5 billion purchase of Motorola Mobility.
Stocks staged a late-day comeback from session lows Tuesday after traders were disappointed by comments from Sarkozy and Merkel, but the gains were not enough for the market to finish in positive territory.
Futures tumbled Tuesday following a handful of economic reports in addition to news that German GDP growth slowed more than expected.
Stocks logged their biggest three-day rally since Mar. 2009, fueled by a handful of M&A news and as investors shrugged off some disappointing economic reports. The major indexes wiped out all of last week's losses following S&P's downgrade of U.S.'s credit rating.
As the three major U.S. stock indexes continue to rally following last week's stock roller-coaster ride, mergers and acquisitions will continue despite increased volatility, one analyst said.
Microsoft might be in the market for a device maker after Google's buy of Motorola Mobility, said Travis McCourt, managing director at Morgan Keegan.
Estee Lauder shares plunged after its forecast for the fiscal 2012 year fell way short of analysts' estimates. But given the language used by the make-up giant, investors shouldn't read too much into the guidance, or any such forecast given by any companies that count on the U.S. and Europe for the majority of their sales.
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July 9- Struggling apparel and accessories retailer American Apparel Inc said it has reached a deal with hedge fund Standard General LP and founder Dov Charney to remake its board and bolster finances.
NEW YORK— The brother of an imprisoned ex-billionaire hedge fund founder was acquitted of conspiracy on Tuesday, handing Manhattan prosecutors their first loss after dozens of insider trading convictions in prosecutions that relied heavily on wiretaps and the testimony of those who pleaded guilty.
Barry Sternlicht, Starwood Capital Group CEO, reveals where he is seeing global opportunities.