U.S. pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a 60 billion pound takeover, Britain's Sunday Times reported.» Read More
The Egyptian stock market will likely tumble another 10 percent before investors put some cash in and try to stage a rally, after which the benchmark index could regain a third of its losses, according to historical trends, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC Monday.
A pioneer in combining photos with social networking features, Flickr is facing a stiff challenge from newer services.
Europe’s banking system is returning to health amid signs that financial institutions are no longer hoarding cash, according to key indicators, reports the Financial Times.
Stocks closed near session lows as civil unrest in Egypt sparked widespread selling that pushed the S&P 500 down nearly 2 percent and broke an eight-week winning streak for the Dow. Microsoft and Home Depot sank.
Stocks extended steep losses, as the S&P 500 slid nearly 2 percent, as civil unrest in Egypt sparked widespread selling despite decent economic numbers. Microsoft and Home Depot fell, while Kraft rose.
Stocks sank despite a reading on consumer sentiment that was better-than-expected, and after the government reported a gain in gross domestic product for the fourth quarter of 2010, as traders feared the outcome of the escalating protests in Egypt. Microsoft and Home Depot fell, while Coca-Cola rose.
Stock index futures traded flat to mixed Friday on a gain in gross domestic product for the fourth quarter of 2010, even though the 3.2 percent increase missed analyst expectations.
Sorry money managers, but there’s another reason to hate ETFs: they’re getting smart. Which isn’t to say that the ETFs you love and trade now are 'dumb'—but they are passive.
Stocks ended up slightly as the major indices failed to close above significant benchmarks soon after Microsoft, in a surprise move, released earnings before the bell. GE and Home Depot rose, while P&G fell.
Stocks fell back after trading above significant benchmarks just before the close amid mixed economic and earnings news and light trading as the Northeast dug out from another major snowstorm. GE and United Technologies rose, while P&G fell.
Stocks turned slightly positive in the wake of both positive and negative economic and earnings news, after the major indices hit psychologically important benchmarks earlier in the session.
Stock index futures traded essentially flat after an unexpected surge in jobless claims took the wind out of the market, which had risen higher after Caterpillar easily beat both profit and revenue expectations.
NBC Universal’s chief executive will try to revive the NBC lineup and end the public discord that was often more interesting than the network’s shows, .the New York Times reports.
Stocks closed modestly higher, but the Dow lost ground in the final minutes of trading to close below 12,000 after rising above and below that level much of the session. DuPont and Alcoa rose, while Boeing fell.
President Obama's State of the Union address on Tuesday night highlighted the need for common or shared sacrifice. One of the ways American workers may be asked to share in on there sacrifices is perhaps to cut back on some of there benefits.
Sara Lee may be pushing for a quicker deal than expected, after months of buyout rumors, people familiar with the matter told CNBC. The Downers Grove, Illinois-based packaged food company appears to be weighing bids from two suitors.
Stock index futures pointed to a higher open on Wednesday as investors gear up for the Federal Reserve’s policy statement and turn more bullish on remarks made by President Obama in his State of the Union address.
Stocks trimmed losses in the final hour of trading to end flat amid mixed earnings and economic news, and ahead of the President's State of the Union speech tonight. AmEx and Bank of America fell, while Wal-Mart rose.
"The intensity of the competition is still as fierce as its every been, there's more of an oligopoly [when a market or industry is dominated by a small number of sellers] that's formed, there's more of a critical mass that's in the business," Cummings said.
Stocks trimmed losses but remained down as technology stocks turned around following a handful of weak earnings reports from major Dow components and on the heels of mixed economic news, and ahead of the President's State of the Union speech tonight.
Get the best of CNBC in your inbox
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
CNBC.com Enterprise Reporter Lawrence Delevingne discusses how the private equity industry views Africa.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..