The acquisition of Telecity by Equinix would create the largest data center player in Europe.» Read More
Futures were higher Wednesday on hopes that U.S. lawmakers will reach a deal to raise the debt ceiling and avert a default as well as optimism over company earnings after Apple’s results beat the street.
Stocks posted their biggest gains since March on Tuesday following a handful of upbeat corporate earnings and President Obama's positive comments on a possible debt agreement.
Researching Gigwalk, a Silicon Valley startup that pays its iPhone user base to complete various small tasks and odd-jobs (known as "Gigs"), and speaking to the CEO, Ariel Seidman, made me very curious. How could it be this easy and why didn’t anyone think of this before?
Stocks were off their intraday high, but still traded sharply higher Tuesday as investors were encouraged by a handful of upbeat corporate earnings results and after housing starts rose far more than expected.
Futures were higher Tuesday as investors were encouraged by a handful of upbeat corporate earnings results and after housing starts rose far more than expected.
Hermes raised its full-year revenue forecast on Tuesday as growing demand for its silk scarves, fashion accessories and leather bags showed no sign of slowing despite a foggy economic outlook.
Stocks came off session lows, but still finished sharply lower Monday, as bank stocks slumped amid ongoing macroeconomic concerns and ahead of a big earnings week.
Bank of America may need to consider selling Merrill Lynch.
Stocks were off session lows in the final hour of trading Monday but were still lower, led by banks, amid ongoing debt concerns in Europe and the lack of progress in U.S. debt-ceiling negotiations.
"What we're seeing in the natural gas market here is we're sort of in year two or three of an ultimate capitulation in the price of gas. But this can go on for a long time," RCH Energy's Robert Raymond said.
Stocks tumbled more than 1 percent Monday, led by banks, amid concerns over debt problems in the United States and as the debt crisis continue in Europe, causing investors to move into safe haven assets like gold, which hit another record high.
Futures were lower Monday amid concerns over debt problems in the United States and Europe, causing investors to move into safe haven assets like gold, which hit another record high.
China is underreporting the amount of steel it makes by about 40 million metric tons a year – roughly the amount made by Germany – according to a new analysis that provides insights into the recent high prices for the main raw material used by the world steel industry. The FT reports.
CEO Bryan Jordan tells Cramer how this financial institution may seek to grow through acquisition.
Stocks closed higher in thin trading Friday, but snapped a two-week rally amid ongoing uncertainty over the government's ability to reach a debt-reduction deal and some growing concerns over the economy.
Stocks were mixed Friday in light trading as results of the European bank stress tests came out slightly better-than-expected, but gains were limited after some disappointing news on consumer confidence.
Clorox is "very undervalued," and given the current economic environment "it would be no problem for us to buy it," billionaire investor Carl Icahn told CNBC Friday.
Stocks turned positive Friday, led by gains in the energy sector, after investors digested some disappointing news on consumer confidence.
Citigroup's second-quarter earnings were a "disappointment," as higher expenses offset a better-than-expected rise in revenue, David Trone, the securities industry analyst at JMP Securities, told CNBC Friday.
Stocks were poised to open higher Friday, despite some tepid economic news, as futures were buoyed following strong earnings from Citigroup.