The Fast Money traders take a look at today's biggest market movers.» Read More
Computer chip maker Advanced Micro Devices said Thursday that Chief Executive Hector Ruiz was stepping down to be replaced by President and Chief Operating Officer Dirk Meyer, effective immediately.
I am out in the field today shooting a story in Boston for the upcoming big Alzheimer's meeting the end of this month. But I wanted to pass along this nugget dug up by Pharmalot's Ed Silverman: The Pfizer Exec And The $300K Helicopter Bill.
Even in this tough economy, this retailer outperformed. Here's how the company pulled it off.
Wells Fargo is picking up mortgage applications from former competitors and seeing the relative simplicity of its mutual fund products help that business, bank CFO Howard Atkins told CNBC.
The head of Cramer's consummate new-tech company explains why his stock took a beating Tuesday.
Intel said on Tuesday quarterly net income rose 25 percent, helped by strong sales of microprocessors used in notebook computers, and gave a revenue forecast that topped expectations.
General Motors said Tuesday it would cut salaried employment costs by 20 percent, sell up to $4 billion of assets and borrow at least $2 billion in a bid to bolster its liquidity by $15 billion through 2009.
After a knee-jerk reaction to the downside after the closing bell yesterday to the surprising four-cent miss by Genentech, the shares are rallying big time in the early regular trading session.
For the second time in five weeks, General Motors is making major cuts to give its business the breathing room it needs to hopefully turn things around. Unlike the last restructuring, five weeks ago, where GM cut truck plants and put HUMMER up for sale, these latest moves are about saving cash as soon as possible.
General Motors Chief Executive Rick Wagoner is set to announce further steps on Tuesday morning to cut costs in the face of slumping sales.
There's no talk of concrete deals at the Allen & Co. conference this year, but the big names continue to circulate and talk intently over meals and cocktails. The spotlight is on the Yahoo crew, everyone wondering who they're talking to, and what that could mean about the fate of the company.
Former Citigroup Chairman and Chief Executive Chuck Prince has joined the Xerox board of directors, Xerox said on Thursday.
Google CEO Eric Schmidt, along with co-founders Larry Page and Sergey Brin sat down to talk to journalists at the Allen and Co. conference in Sun Valley for an hour and fifteen minute no-holds barred question and answer session.
NBC Universal Chief Executive Jeff Zucker said on Thursday he was not looking to spin off or sell some of the company's assets.
Another day with plenty of cross-currents. The bottom line is that a $5 spike in oil right near the close of trading in oil (2:30 pm ET) dropped stocks, the Dow lost all of its 120-point rally, though it came back a bit toward the close.
GM will not consider selling or eliminating any brands besides Hummer and has no plans to declare bankruptcy, Richard Wagoner, General Motors chairman and CEO, said Thursday at the Dallas Chamber of Commerce.
The message from General Motors chairman and CEO was clear and direct: The company has no plans to cut anymore of its brands. I asked Wagoner about cutting the brands when I caught up with him after a speech here in Dallas.
On Bank of America CEO Ken Lewis' speech on mending the mortgage markets, it turns out Mr. Lewis isn't universally loved.
Marks & Spencer's top dog Stuart Rose faced the wrath of investors at the company's AGM yesterday – but not necessarily for merging the roles of chairman and CEO or for profit warnings.
When media moguls and tech startup CEOs gather for casual, culture-clashing sessions in Sun Valley, I can't help but marvel at the remarkable mix of styles. There's nothing like catching a CEO who feels safe in his pin stripes awkwardly sporting bermuda shorts.