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Futures added to their gains Thursday as investors cheered a handful of encouraging economic news and after Germany's parliament passed a crucial vote which approved the reforms to the EFSF.
Most disputes between companies are never heard of, or at best played out via leaks and public relations teams who refuse to go on record. A war of words between the software giant Oracle and UK group Autonomy, a data analysis software firm that's being taken over by Oracle rival Hewlett Packard, suggests that at Oracle, they have a different way of doing things.
Stocks accelerated their losses in the final hour trading to finish near session lows Wednesday amid ongoing concerns over the global economy and as investors cautiously waited for further developments in the euro zone.
Bank of America’s potential liability for bad mortgages — in the tens of billions of dollars — is well known. But Bank of America is haunted by other demons from the financial crisis, the most significant one being a lawsuit arising from its troubled Merrill Lynch acquisition, the New York Times reports.
Futures came off their highs Wednesday following a report that showed durable goods orders slipped slightly last month, but still held their gains as investors continued to stay encouraged over the euro zone's progress to ease the region's debt fears.
Stocks posted a three-day gain Tuesday, but lost steam in the final hour of trading, after a report that the euro zone became divided over terms of Greece's second bailout.
Futures maintained their strong gains Tuesday following a report that home prices in major U.S. cities continued to show seasonal strength and on mounting expectations that EU policy makers have come up with a strategy to deal with the euro zone debt crisis.
The London Stock Exchange has triumphed in its attempt to take over LCH.Clearnet, the London-based clearing house, after the clearer’s board favoured the UK bourse over Markit, the rival bidder and another person familiar with the matter said on Tuesday.
Goldman Sachs, bracing for what could be one of its worst quarters since it went public 12 years ago, is preparing to expand its cost-cutting initiative by hundreds of millions of dollars, the New York Times reports.
Google's $12.5 billion acquisition of Motorola Mobility gives the Internet search company patent protection while putting it squarely into the smartphone hardware business, Executive Chairman Eric Schmidt told CNBC Monday.
Stocks closed near session highs in volatile trading Monday, led by financials and energy, amid hopes for coordinated action from euro zone policymakers to contain the region's debt crisis.
The middle-market is active in M&A right now because it's easier for smaller companies to get deals done.
The middle market is to the U.S. economy what North America was to Christopher Columbus: a giant, incredibly important, heretofore “undiscovered” but now unavoidable and centrally important part of the world’s landscape, says Economaney.com's David Maney.
While the country as a whole remains in the economic doldrums, a huge swath of the American economy is growing.
Futures climbed Monday as stocks rebound from sharp declines last week fueled by concerns over a double-dip recession, with speculation of a rate cut by the ECB mounting in Europe.
One after another, like moths to a flame, technology companies have been seduced into entering the market for tablets. Apple made it look so irresistible, with 29 million eager and sometimes fanatical consumers snapping up an iPad in the device’s first 15 months, the NYT reports.
Stocks closed modestly higher in a choppy session Friday as investors snapped up beaten-down sectors following the previous session's steep selloff, but ended sharply lower for the week amid ongoing worries over a global slowdown.
British lawyers acting for victims of phone hacking by The News of the World are planning to launch legal action in the U.S. against directors of the newspaper's parent company News Corp, according to a report on British satellite news channel Sky News.
Futures were lower Friday after Thursday's steep sell off amid continuing worries over a global economic slowdown and as investors cautiously waited for further developments in the euro zone.
Stocks came off their worst levels, but still finished sharply lower Thursday in heavy-volume trading as a gloomy outlook from the Federal Reserve in addition to ongoing economic jitters fueled concerns of a recession.
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