Mergers and Acquisitions
featured
Yahoo's board has agreed to buy Tumblr, the popular blogging service, for about $1.1 billion in cash, a person with knowledge of the agreement told The New York Times.
» Read More
More
-
Stock index futures pointed to a higher open after a handful of companies reported better-than-expected earnings.
-
Stocks closed far off the lows of the session, with the broad market ending largely flat, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day.
-
Stocks held slight losses before the close, after a breif stint in positive territory, as investors weighed mixed earnings and economic reports and tech stocks sank for a second day. Caterpillar and DuPont fell, while Home Depot rose.
-
US stock futures eased losses after an unexpectedly large jobless in weekly jobless claims.
-
Richard Gelfond, CEO of IMAX, clears the air on rumors Sony is interested in buying the giant screen exhibitor.
-
Jesse Eisinger, an investigative journalist at ProPublica, explains why the investment banking giant would be better off in three parts.
-
Stocks closed lower Wednesday following a handful of weak earnings results in the financial sector and strong results from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. Bank of America and AmEx fell, while IBM rose.
-
Stocks extended losses Wednesday following a handful of weak earnings results in the financial sector and strong reports from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. BofA and AmEx fell, while IBM rose.
-
The device will be the first mass market consumer device to offer stereoscopic 3D images without the need for special glasses – something analysts see as critical to the success of 3D in the market.
-
Stocks traded mixed Wednesday amid mixed earnings results from Goldman Sachs and Wells Fargo. IBM rose, while AmEx fell.
-
U.S. stock futures were pointing to a lower open, after mixed earnings results from Goldman Sachs and Wells Fargo and mixed news on housing, as starts fell, but permits rose.
-
Goldman Sachs executives have long been among the most richly paid on Wall Street in the best of times. They are now poised to reap a windfall that was sown in the dark days of the financial crisis in 2008, the New York Times reports.
-
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
-
Comcast and NBC Universal have received government approval for their joint venture — this afternoon both the Federal Communications Commission and the Department of Justice gave the deal the okay with certain conditions. This clears the way for the deal to close before the end of January.
-
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
-
With earnings season well underway, Q4 is always weak in trading, Brad Hintz, senior analyst at Sanford Bernstein, told CNBC on Tuesday.
-
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.
-
US stocks looked set to open flat to negative on Tuesday, with Nasdaq futures under pressure from Apple and Citigroup weighing on the other major indices.
-
With the cashlevels on the balance sheets of S&P 500 companies at their highest level for 60 years, companies should start buying, Bruno Verstraete, CEO of Nautilus Invest in Zurich, said Monday.
-
Reflecting a major shift in the way Americans shop for food, retailers better known for selling clothes or aspirin, including Walgreens, CVS/Pharmacy and Target, are expanding in a big way into the grocery business, with fresh produce, frozen meats and, yes, even sushi.
Private Equity
-
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.
-
*Money managers pull $1.4 bln from COMEX gold in May 14 week. Money managers, including hedge funds, pulled $1.4 billion from the U.S. gold futures market for the week ended May 14 by trimming their net long positions in the metal, according to Reuters calculations of data released by the Commodity Futures Trading Commission.
-
NEW YORK, May 17- Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate unconditionally with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge fund did not elaborate but said it believes the next few months will be critical in the investigation.