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Stocks added to declines in the final minutes of trading to log a sharp loss Thursday after Germany rejected some of the EU summit draft measures and as ECB President Mario Draghi's comments dashed hopes that the central banks would raise its bond purchases of debt-ridden European nations.
As large technology companies acquire smaller tech names that specialize in cloud computing, some think the future of tech is in “the cloud.”
Futures slipped after briefly spiking Thursday as comments from ECB's Mario Draghi appearing to step back from the idea of aggressive bond buying trumped the positive jobless claims news.
Stocks spiked in the final minutes of trading Wednesday following a report that the G20 is considering a $600 billion IMF lending program to euro zone, but came off their highs after the IMF denied the report. Investors were also closely waiting for the key EU summit at the end of the week.
A global corporation is no less likely to make questionable executive hiring decisions as the average small business, and CEOs of major corporations have the short tenures on their resumes to prove it.
Futures were hugging the flatline Wednesday as investors took a breather following to days of gains to see if EU officials could come up with a plan to deal with the region's debt crisis during a summit at the end of the week.
IP Chairman and CEO John Faraci talks to Cramer about the company’s growth and its pending merger with Temple-Inland.
Stocks closed mixed but finished off their worst levels Tuesday after a report that EU officials may be creating two separate rescue funds to help contain the region's ongoing sovereign debt crisis.
Futures held onto small gains Tuesday as optimism over a possible resolution to the euro zone debt crisis was tempered by a warning from ratings agency S&P’s that it could downgrade the credit ratings of 15 euro member states.
Stocks fell from their best levels Monday following a report that all 17 euro zone nations were told their ratings will be put on downgrade watch by the S&P, but still logged a modest gain at the close.
Futures jumped Monday as French President Nicolas Sarkozy and German Chancellor Angela Merkel meet ahead of a key summit and after Italy's new government unveiled austerity measures.
SAP's $3.4 billion acquisition of California based online software company SuccessFactors was "definitely" at the right price despite coming at a 52 percent premium, SAP co-CEO Jim Hagemann Snabe told CNBC.
Stocks erased most of their earlier gains to finish near the flatline in thin trading Friday, as investors booked profits ahead of the weekend following a robust rally all week. Still, all three major averages posted an impressive gain of over 7 percent for the week.
Futures held their sharp gains Friday following news employment growth picked up momentum in November while the jobless rate fell to its lowest level in more than two years.
Stocks finished narrowly mixed in a quiet session Thursday as investors took a breather following a sharp rally in the previous session and ahead of the crucial government non-farm payroll figure due Friday morning.
Three years after a deal that transformed Wells Fargo, CEO John Stumpf has come to Charlotte, NC to retire the Wachovia brand and rally employees whose future looked considerably less bright in 2008.
Futures turned lower Thursday following news that weekly jobless claims climbed unexpectedly last week and following a sharp rally in the previous session.
Stocks rallied sharply Wednesday, with the Dow posting its biggest one-day point and percentage gain this year, after global central banks announced a plan to support the global financial system and a handful of better-than-expected economic reports.
With reports of private equity company's bid for a minority stake in Yahoo, Piper Jaffray's Gene Munster tells the "Fast Money" team that he recommends owning Yahoo because a management shakeup is coming.
Futures added to sharp gains Wednesday following news global central banks announced coordinated actions to enhance their capacity to provide liquidity to financial systems.
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