As U.S. oil has plunged, smaller oil companies have grown vulnerable to activist influence, industry professionals say.» Read More
US stock index futures pointed to a higher open on Wall Street on Tuesday tracking European markets and buoyed by a positive outlook from US aluminum giant Alcoa after the bell on Monday.
The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared. The New York Times reports.
As the JPMorgan Health Care conference kicks off this week, one question remains for investors in the biotech space. What’s the next takeover target as large drug makers look to build out their pipeline?
Stocks squeezed out small gains Monday, adding to the previous week's robust rally, as investors turned their focus to fourth-quarter earnings season.
Even though the Consumer Electronics Show is supposed to be about electronics, in recent years it is also about the content that is served on those electronics. This year, I predict, will be the same.
Futures gained Monday as French President Nicolas Sarkozy and German chancellor Angela Merkel met in Berlin to discuss ways to boost growth in the euro zone and to finalize a deal to increase fiscal coordination within the currency union.
Stocks closed mixed Friday, as even a strong government employment report was not enough to offset ongoing worries over the euro zone debt crisis. Still, all three major averages logged strong gains for the shortened trading week.
Futures added to gains Friday after Wall Street cheered a better-than-expected government employment report that pointed to an acceleration in economic recovery.
Stocks rebounded from earlier losses to finish narrowly mixed Thursday, with the S&P adding small gains to the New Year rally, ahead of a key government employment report. Stocks had been under pressure earlier in the session amid ongoing jitters over the European debt crisis and a decline in the euro to its lowest level since September 2010.
Futures slipped again Thursday even after a handful of encouraging data on the employment front as ongoing jitters over the euro zone's debt crisis kept investors from jumping in.
The market for mergers and acquisitions, which came to a standstill in the second half of 2011, won’t pick up again unless valuations come down or confidence returns, Scott Matlock, chairman of International M&A at Morgan Stanley, told CNBC.
The Dow and S&P clawed back into positive territory at the close Wednesday, adding to the sharp rally from the previous session, but gains were limited over renewed fears over the euro zone debt crisis.
Aside from 3D, HDTV, and color, changes in television set technology have been slow and subtle over the years, but with today’s changing tech landscape, TVs of the not-so-distant future could be intuitive, interactive devices that “watch us.”
Futures pulled back Wednesday, after a strong start to the New Year, as investors turned their focus once again to the euro zone's debt concerns.
Stocks eased off their highs in the final minutes of trading, but still finished the first trading day of 2012 with a bang, as Wall Street cheered a handful of better-than-expected economic reports from around the world.
Futures soared, pointing to a sharply higher open on the first trading day of the New Year as investors were encouraged by a manufacturing report from China.
Stocks closed lower in the final trading day of a heavily volatile year. The Dow finished higher for the year, while the S&P erased its gains to close out largely flat.
The June 2010 letter that led to Mark V. Hurd’s downfall as the head of Hewlett-Packard paints a portrait of an executive who sought to impress a contract employee with his connections and wealth, The New York Times reports.
Futures were little changed on the last session of the year on Friday, with no notable economic data or earnings reports on tap.
Stocks climbed steadily to finish near their best levels Thursday as the euro erased its drop versus the greenback and after a handful of better-than-expected economic data.But volume remained thin in the final week of trading for the year.
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