Many so-called momentum stocks have rebounded as economic data have been mixed and volatility remained low. Financial Times reports.» Read More
The background is this: Balsillie has been Jonesing for an NHL team for the past several years. He looked close to getting a deal done for the financially strapped Pittsburgh Penguins. When that didn't work out, he started to focus on the Nashville Predators.
Today marks the seventh year since the September 11 terrorist attacks—the Nymex and the White House obeserve a moment of silence to remember when the first plane hit the World Trade Center. Research in Motion's CEO talks about the company's new Blackberry—Bold. Following are today's top videos:
This is the guy who is running arguably the most effective, most innovative company in arguably one of the most exciting and dynamic sectors in tech. And he just doesn't tend to sit down for TV interviews.
The Dow closed in positive territory on Wednesday overcoming worries that the banking sector would be a drag on stocks.
Apple owned the spotlight yesterday with its iPod event in San Francisco, but today and tomorrow it will all be about Research in Motion, with CEO Jim Balsillie preparing to keynote the big CTIA Wireless expo Thursday, which comes a week before the company issues its quarterly earnings.
It's a big day for CNBC's parent company, NBC Universal, aiming to move the company's TV distribution strategy to the next generation.
In the past four years, shares of Apple Inc. have gained an average of 42.52% from September, when the company unveils new products, to December. Are the odds in Apple's favor for another strong performance this year?
Google just scored its first network deal with NBC to sell advertising time. What’s does it mean for the future of both new and established media?
Stocks skidded Tuesday as worries about the housing and financial sectors came back with a vengeance. Lehman plunged 45 percent, dragging the S&P to its worst percentage decline since early 2007.
It looks like a win-win-win: content creators get a new forum for their business, sponsors get to entertain their consumers, slipping in some positive associations with their brand, while Google gets to expand it's Ad Sense content network's reach and importance.
Yahoo and Google's advertising partnership announced in June is a big deal, in fact the promise that it would increase Yahoo revenues was one reason used in defending against Microsoft's proposed takeover.
The Dow got a little bump at the opening bell but fell off the cliff into a triple-digit decline after pending-home sales dropped more than expected. Adding to the uncertainty in the market, Lehman Brothers fell to its lowest level in a decade amid market buzz that the brokerage is going to be unable to raise the capital it needs.
The Dow got a little bump at the opening bell but pared its gains after pending-home sales came fell more than expected. There had been little conviction in buying Tuesday as enthusiasm waned over the bailout of Fannie Mae and Freddie Mac and worries about the economy returned to the markets.
Following are the day’s biggest winners and losers. Find out why shares of Citigroup and Disney popped while United Airlines and U.S. Steel dropped.
Despite Monday’s monster rally, the market may remain vulnerable, technically.
The Dow and S&P soared on Monday as investors bet Washington's Freddie and Fannie bailout will stabilize the housing market and ease the credit crisis.
Both the bulls and the bears can claim to be happy so far today. We have had a rally, and no less than TWO attempts to sell into it. Stocks are holding modest gains so far.
Following are the week’s biggest winners and losers. Find out why shares of Home Depot and Prudential popped while Google and Alcoa dropped.
For the week ending Friday, September 5, 2008, the U.S. markets ended in negative territory for the week after weak employment data and declines in auto and retail sales pointed to weaker consumer spending and a greater economic slowdown. The unemployment rate jumped to a 5-year high, soaring to 6.1%. On Thursday, the three major Indices fell back into bear market territory by dropping 20% from their market peaks set last fall. Both the Dow & Nasdaq Composite had their worst daily closes since July 26, with drops of more than 340 points for the Dow and 75 points for the Nasdaq.
Both companies are in the red today thanks to the JP Morgan report out this morning suggesting weakness in display advertising because of the general economic malaise gripping so many companies during this non-recession recession.