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Stocks wobbled out of the gate Wednesday, with traders hesitant to make any strong commitments head of the afternoon Federal Reserve policy decision.
U.S. stock index futures pointed to a mixed open on Wall Street on Wednesday as investors turned their attention away from the G20 Summit and the euro zone crisis and concentrated instead on domestic concerns.
The takeout speculation that has ignited a small recovery rally in Dendreon is empty talk; instead investors interested in the lucrative prostate cancer drug market should look to Medivation as a more attractive acquisition target, says a Jefferies analyst in a research note Tuesday.
Hong Kong Exchanges and Clearing (HKex) has defended its purchase price of $2.18 billion for the London Metal Exchange, after some analysts voiced concerns about the amount it was paying.
Stocks closed at session highs Friday, lifted by reports that central banks are prepared to provide liquidity after Sunday's Greek elections and amid growing hopes for action from the Fed in light of some recent disappointing economic data.
U.S. stock index came off their highs Friday following the New York Fed's "Empire State" manufacturing data, but still held gains following reports major central banks were ready to provide further monetary stimulus measures following Greece's elections over the weekend.
Stocks closed sharply higher after a wild final hour of trading Thursday following a report that central banks are preparing coordinated action to provide liquidity after the Greek election.
The software sector is rife with speculation that technology giants looking to diversify from PC and hardware sales will buy software specialists like Quest Software and BMC Software as merger and acquisition activity heats up in the sector.
U.S. stock index futures rebounded Thursday amid growing hopes for stimulus from the Federal Reserve on the heels of several weak economic reports, but ongoing uncertainties in the euro zone kept a lid on gains.
Financial sponsor Carlyle Group is closing in on a deal to purchase a large Sunoco oil refinery in Philadelphia, according to three people familiar with the matter, in a transaction that could be completed in a matter of days, one of these people said.
British prime minister David Cameron faces the prospect of appearing for a full day at the Leveson Inquiry into press standards and ethics on Thursday, rounding off a week in which the elite of British politics will have given evidence into their dealings with the media.
Ivan Glasenberg, chief executive of Glencore, has launched a provocative defence of high pay for executives, arguing that substantial remuneration is required to secure entrepreneurial leaders, the Financial Times reports.
The airline sector has been hard hit by the crisis, but while Air France and Lufthansa are still struggling, International Airlines Group could be cruising towards clearer skies, Arnaud Scarpaci, fund manager at Agilis Gestion, told CNBC.
Stocks lost steam in the final hour of trading to finish mixed Thursday, after the Federal Reserve announced new capital rules for financials and following Bernanke's comments that offered little hope for further central bank intervention.
CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
U.S. stock futures held their gains Thursday following the weekly jobless claims report and after China's central bank unexpectedly announced that will cut its interest rates.
Discussions continue as to how to recapitalize Spain’s troubled banks, Fannie Mae gets a new CEO, Sprint will soon be rolling out a pay-as-you-go iPhone, Starbucks and Coinstar strike a deal.
Goldman Sachs has laid off roughly 50 people last week, a number of whom were from the higher end of its pay scale, according to people briefed on the matter but not authorized to speak on the record, rattling sentiment with the firm. The New York Times reports.
A 275 page report sheds light on what may have happened in the last days of MF Global, airlines consider more fees, Starbucks spends $100 million on bread companies, CBS Outdoor billboards business could fetch $6 billion.
Days before shareholders voted on Bank of America’s 2008 purchase of Merrill Lynch, top executives were told the investment firm’s losses would most likely hammer future earnings, the New York Times reports.