CNBC's David Faber reports the latest details on the potential deal between Family Dollar and Dollar Tree. Faber says a shareholder meeting is scheduled for next week for a vote, but the meeting will be adjourned.» Read More
With the government seeking to block AT&T's deal to buy T-Mobile, investors were scrambling Wednesday. Find out where the Fast traders see opportunity.
Futures held their gains Wednesday even after a report that the private sector hired fewwer workers than expected. Investors were encouraged following news that President Obama suggested the White House had a range of policy options that could create up to a million new jobs.
Kurdistan-focused explorer Gulf Keystone Petroleum has denied merger speculation, as interest in the oil-rich region of Northern Iraq heats up.
Stocks staged a late-day rally in light, choppy trading Tuesday, following the latest Fed meeting minutes, which showed officials debated a third round of asset purchases to stimulate the economy and after investors shrugged off a disappointing consumer confidence report.
Futures were lower Tuesday even after a report that said home prices gained for the third straight month in June. Investors also waited for a key consumer confidence report later today to provide a greater indication of the state of the U.S. economy.
Stocks closed near session highs Monday, fueled by a merger between two big Greek banks, a better-than-expected personal spending report and as the damage from Hurricane Irene over the weekend was less than feared.
Battered by a weak economy, the nation’s biggest banks are cutting jobs, consolidating businesses and scrambling for new sources of income in anticipation of a fundamentally altered financial landscape requiring leaner operations, the New York Times reports.
Futures gained Monday, following a better-than-expected personal spending report and after a worst-case scenario was avoided over the weekend as the East Coast was hit by hurricane Irene.
Stocks finished higher in a volatile session Friday after after Bernanke's speech raised hopes that the Fed may consider further stimulus measures to boost the economy during an extended policy meeting next month.
Futures extended their losses Friday following a weaker-than-expected second quarter GDP report and as investors cautiously waited for Bernanke's speech at a banking conference in Jackson Hole, Wyoming.
Stocks closed near session lows Thursday, reversing three days of gains, as investors remained cautious ahead of Bernanke's Jackson Hole speech on Friday.
The visionary behind the iPod, iPhone and iPad was considered a brilliant but ruthlessly efficient manager, but Steve Jobs was never a force for deal making, The New York Times reports.
Futures turned positive Thursday, as Berkshire Hathaway said it will invest $5 billion in Bank of America. Futures had been under pressure all morning after weekly jobless claims gained more than expected and following news that Apple CEO Steve Jobs announced his resignment.
A fresh recovery is driven by a combination of changing asset allocations at Western institutional investors, who are rethinking their attitudes to alternative asset classes and emerging markets.
Stocks rallied strongly in the final hour Wednesday, logging a three-day gain, after hovering near the flat line for most of the session, but investors remained cautious ahead of Federal Reserve Chairman Ben Bernanke's Jackson Hole speech at the end of week.
Futures shaved earlier losses Wednesday after durable goods orders jumped much more than expected in July, but still remained under pressure after Moody’s downgraded Japan’s economy by one notch on concerns over the size of the country’s budget deficit.
Stocks closed near session highs Tuesday, with the Dow posting its biggest gain in almost two weeks, despite a 5.8-magnitude earthquake in Virginia that shook parts of the U.S. East Coast and after investors shrugged off a handful of disappointing economic news.
The American banking system is "much better than it was" in 2008-2009, Patrick H. Daugherty, partner with Highland Capital Management, told CNBC Tuesday.
Futures were higher Tuesday, boosted by better-than-expected manufacturing data in Germany and China, and ahead of a handful of reprots in the U.S.
Security and outsourcing company G4S is planning to spend 200 million pounds ($330 million) per year on acquisitions, the company's CEO told CNBC Tuesday, after the company beat analyst expectations to post first-half earnings growth of 8 percent.
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