Fosun International has bought a 5 percent stake in British travel group Thomas Cook.» Read More
Futures added to their gains Wednesday after demand for durable goods rose and following a handful of better-than-expected earnings. Investors also grew hopeful that EU leaders could strike an agreement on a lasting plan to tackle the euro zone debt crisis.
Stocks plunged sharply Tuesday to close at session lows amid jitters over the euro zone's ability to find a solution to the ongoing debt crisis.
Futures edged lower Tuesday after investors became nervous following comments from Germany's Angela Merkel ahead of Wednesday's EU summit and following a slew of mixed earnings reports.
There has never been a lot of love lost between Activision and Electronic Arts. The two video game publishers fight over just about everything.
Stocks ended near session highs Friday following news that a group of euro zone finance ministers have approved the next round of aid for Greece and amid optimism over the euro zone ahead of the EU summit on Sunday.
Futures continued to rally Friday on the heels of a handful of robust earnings reports and amid some euro zone optimism ahead of the upcoming EU summit on Sunday.
Stocks closed mixed Thursday after fluctuating wildly for most of the session as traders sifted through a slew of headlines from the euro zone ahead of a key EU summit this weekend.
Futures pared their gains Thursday as investors nervously waited for further developments in the euro zone to address the debt crisis and following a handful of mixed earnings news.
Stocks closed lower Wednesday after a tepid Fed report on the economy and following news that talks to come up with a euro zone debt solution between France and Germany have stalled ahead of a key EU summit this weekend.
Futures shaved most of their losses Wednesday following a handful of better-than-expected economic news and after some mixed earnings reports.
Goldman Sachs, once Wall Street’s highest flier, has been grounded, and it does not bode well for the rest of the financial industry or the New York City economy that depends on it, the New York Times reports.
Stocks closed higher Tuesday but off their best levels after traders remained skeptical over a report that France and Germany have agreed to increase EU bailout fund, calling the news "nothing new."
Handset maker Motorola Mobility isn't waiting for its merger with Google to be completed to introduce a host of products aimed at the consumer and business markets.
The more than $25 billion in energy deals this week suggest there could be a lot more merger activity among companies looking to gain a foot hold in the oil and gas shale boom that is transforming the American energy business.
Futures shaved their earlier losses Tuesday following news producer prices rose more than expected in September and following a handful of earnings reports.
The global market for mergers and acquisitions (M&A) has been stagnant for much of the year as nervousness about the future of the markets has grown and borrowing has become more difficult.
Homegamers need to know about these three important deals in the oil and nat gas complex.
Futures slid Monday after Germany's finance minister said a forthcoming summit would not yield a definitive solution to Europe's debt crisis and after the New York Fed report that said manufacturing in New York State contracted for the fifth straight month in October.
Stocks rallied in the final hour of trading to close at their highest levels Friday, with all three major indexes logging a 10-week high, amid optimism the euro zone would find a solution to its debt crisis.
“It’s still about confidence [at] the board and CEO level. Obviously, the challenge is in Europe, our own deficit issues, issues in China. All this stuff has created a macroeconomic environment that makes things a lot more difficult, and created a lot more uncertainty,” said Mark Shafir, co-head global M&A at Citigroup