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When word broke that AOL struck a deal to buy Huffington Post, on Monday, for more than $300 million, it sent one clear message: content is still king.
In agreeing to buy The Huffington Post for $315 million, AOL is putting what appears to be a significant premium on the ability to attract and build a community of readers, the New York Times reports.
It's not just Huffington Post. Click here for 10 other sites AOL has added to its roster.
Stocks ended higher Monday with the Dow and S&P 500 hitting their highest levels since June 2008 amid a flurry of M&A activity and several positive earnings news.
AOL has been on a shopping spree for content-driven websites. Here are other content sites AOL has added to its roster under Tim Armstrong's leadership.
Do options traders think newspaper stocks are cheap? If today's activity is any indication, the answer is yes.
The high-profile liberal pundit and AOL CEO Tim Armstrong discuss AOL's purchase of "The Huffington Post."
AOL is paying $315 million to acquire The Huffington Post. How does a company like AOL put a price tag on a private company like The Huffington Post? AOL CEO Tim Armstrong and Arianna Huffington will join the Halftime crew to discuss the deal.
The Huffington Post, which began in 2005 with a meager $1 million investment and has grown into one of the most heavily visited news Web sites in the country, is being acquired by AOL.the New York Times reports.
Stocks closed narrowly mixed with the major indices ending above key thresholds as investors focused on troubles in Egypt, shrugged off good job news, and took a breather after the market posted new multi-year highs on Tuesday. Disney rose, while Home Depot fell.
Stocks were narrowly mixed ahead of the close, but still remained within a narrow trading range, as investors focused on unrest in Egypt and took a breather after the market posted new multi-year highs on Tuesday. Disney rose, while Home Depot fell.
See what's happening, who's talking and what will be making headlines on Wednesday's Squawk on the Street.
The IPO market might not be booming, but there's no doubt, it's alive and getting stronger. This week, eight companies are expected to price. Next week, there are 10.
Chiefs of staff are not just for politicians anymore. CEOs and other high-level executives in the private sector are starting to employee these right-hand men and women. Public companies with chiefs of staff on the payroll, just to name a few, include Yahoo, AOL and Polo Ralph Lauren.
Shares of Google and Apple edged higher in pre-market trading after a federal court judge dismissed a patent lawsuit against the tech giants brought by Microsoft co-founder Paul Allen.
Dave Morgan thinks so. He left his spot as head of advertising at AOL to run a TV ad company. Find out why.
Stocks ended mixed after trading in a narrow range most of the session amid light volume Monday, as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. Cisco and Pfizer rose, while BofA fell.
Stocks moved in a narrow range amid light volume Monday, and were ending the session mixed as investors considered Federal Reserve Chairman Ben Bernanke's comments about additional Fed stimulus and regrouped after strong gains in the market last week. BofA and Cocoa-Cola fell, while Cisco rose.
Even if Google doesn't buy Groupon, the talk of a potential multi-billion dollar deal has created buzz for both the group buying site and its rivals. While Groupon and rival LivingSocial are by far the most popular in the emerging space, they aren't alone, and some suspect other sites such as SocialBuy, Tippr, and BuyWithMe could also be ripe for a takeover.
Stocks declined as investors continued to consider future troubles in the euro zone and comments over the weekend by Federal Reserve Chairman Ben Bernanke indicating the central bank was willing to pump even more money into the economy. BofA and DuPont fell, which Cisco rose.