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Stocks closed higher as investors appeared more enthused about Microsoft's bid for Yahoo! than they were concerned about the latest signs of economic weakness. The three major indexes each gained about 3-4 percent for the week, but the market still has a way to go to recover from January's rout.
Microsoft made a hostile takeover offer for Yahoo of $44.6 billion to boost its presence in the online services market. How should you trade it?
With Microsoft's bid for Yahoo, here is a look back at how each has performed since their respective IPOs and how Google has compared...
If the deal comes in above $44 billion, this could be the biggest tech deal ever, topping the JDS Uniphase's $41 billion acquisition of SDL in 2000. It's also way bigger than Hewlett-Packard's $23.5 billion acquisition of Compaq in 2001.
Microsoft's proposed acquisition of Yahoo would marry the world's biggest software maker with a leading Internet media company, shaking up the online market.
Microsoft's take-out play for Yahoo is a stunning move by the world's largest software maker, even though rumors of a deal have been swirling for the better part of a year. The 62 percent premium Microsoft is willing to pay for Yahoo, valuing the deal at a shade under $45 billion, shows just how serious--and just how frustrated--Microsoft has become with Yahoo.
Thursday's 400-point range in the Dow was the grand finale to a volatile month that will certainly go down as one of the worst for stocks.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Google's Q4 profit fell below expectations sending shares down 7% after hours. What's the word on the Street?
It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.
Google shareholders are licking their wounds in after-market trading tonight after the company surprised Wall Street by missing expectations on both the top and bottom lines. And when I say "surprised," I really mean "shocked." I've spoken to a two analysts since the numbers came out who can't talk publicly until they release their own research to clients...
Google's earnings and sales both rose but fell short of analyst expectations, and shares of the company fell in extended trading.
Fear crept back into the markets Wednesday, killing the Fed's rate cut stock rally and setting Wall Street up for a sloppy session Thursday.
Can earnings Thursday revive Google’s slumping shares – down a remarkable 20% so far this year?
With the big game just around the corner, here are even more companies that are primed for big business on the back of Super Sunday...
Talk about a mixed picture from online retailer Amazon.com. On its surface, Amazon tells a major success story, especially in the face of an economic slowdown and worries of recession. The company meets the Street with 48 cents a share, but blows past revenue
Call it the Google Paradox: Shares severely depressed these last few months, touching $538 last week, and yet the prevailing feeling on Wall Street--by far--is that Google is still the best deal going for net-sector investors.
This has been a wild ride for Amazon shareholders these last few months, touching $100 a share at the end of October, sliding into the $70s a few weeks later, tickling $100 a again just a few weeks ago, and now languishing back at $70 a share once again. Yuck.
Yahoo's after-market reaction to the company's earnings news says it all: Yahoo down 8 percent and you gotta wonder just how bad this news is going to get before it gets any better. IF it gets any better. Stunning for a company that says today it enjoys 2 BILLION page views A MONTH in the U.S. alone.
Yahoo Inc (YHOO) reported a drop in quarterly profit on Tuesday and investors bid the Dow higher again. What's the word on the Street.