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Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
It's a kiss-your-sister kind of deal, and stock trading in both companies reflect it. It's been a long wait. And after all this time, shareholders will still be forced to wait -- a lot longer -- to see if the deal was worth waiting for.
What happened to China? The Shanghai Composite closed down 5 percent, it's biggest one day drop this year; at one point it was down 8 percent intraday.
Futures tumbled Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
This was a strange earnings season. But it has been a remarkably strange economy. But when you look at the big names in tech, including Intel, IBM, Apple, Google, Yahoo, eBay, Microsoft, and the big names on Wall Street, there was a bizarre disconnect over what was expected, and what was realized.
Verizon, the nation's largest wireless carrier, said Monday its second-quarter profit fell 21 percent as cost-cutting in its wireline business failed to keep pace with falling revenues.
Plus, Cramer makes the call on green stocks, tech and more.
Stocks' fluctuation shows that investors can't decide. But the Mad Money host said that he knows. Plus, get calls on tech, housing, advertising and more.
And that’s just one stock in a sector that he thinks will continue to move higher.
The stock market could take a sharp turn lower on Friday after Microsoft, Amazon and American Express all disappointed investors in the after-hours.
Microsoft posted a steeper-than-expected 17 percent drop in quarterly revenue and said its business continued to be hurt by the weak global PC and server markets, sending its shares tumbling.
Microsoft's fiscal fourth quarter was ugly. No two ways about it. The company missed on the top by a staggering $1.25 billion, reporting $13.1 billion against the $14.38 billion consensus. It's an enormous miss, and stunning to many analysts covering the company.
Big tech companies such as Amazon.com and Microsoft are reporting earnings results after the bell and Rob Enderle shares his insights.
It’s going to be difficult for anybody else to really have any success in this online marketplace model that eBay has developed, said Internet analyst Heath Terry at Friedman, Billings, Ramsey & Co.
Are we on the verge of a new era for Microsoft? The short answer is, "very likely," as long as investors aren't looking for explosive growth and will be happy with steady, predictable growth.
Mr. Armstrong wants AOL to think big again. Three months after leaving a senior job as Google’s president of advertising sales, he is formulating his ambitious recovery plan for AOL. He wants to make AOL the biggest creator of premium content on the Web and the largest seller of online display advertising.
With shares up 31% over the past 3 months, what should you expect from Microsoft when they report earnings Thursday after the close?
Another wave of much better-than-expected corporate results Tuesday shows that Wall Street's analysts have badly miscalculated earnings this quarter.
Apple is expected to report strong earnings results after the closing bell on Tuesday. Keith Woolcock, co-founder of Cyck Partners shares his insights on the company.
Carol Bartz is worth every penny. In a very short period of time, she has re-engineered a sagging shell of its former self into something compelling for Yahoo investors again. And as the company prepares to release its earnings tonight after the bell, I'm not ready to proclaim "game-over," but I am willing to bet "Yahoo's finally in the game again."