The Nasdaq Composite is approaching 5,000 again. Here are some of the people who helped make it happen 15 years ago, and where they are today.» Read More
Jan 8- Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in "synergies"...
BUZZ-YAHOO INC, AOL INC: STARBOARD KEEPS UP PRESSURE TO MERGE@** Yahoo's shares up 2.4 pct at $49.74; AOL's. **Starboard LP writes to Yahoo CEO Marissa Mayer, saying company should explore combination with AOL and cut costs to improve profits. **Up to Wednesday's close, AOL's stock had risen 7.3 pct and Yahoo's stock had risen 24.7 pct since Starboard delivered its...
Jan 8- Yahoo Inc shareholder Starboard Value LP reiterated that the company should explore a combination with AOL Inc and cut costs to improve profits. Yahoo's number one priority must be to monetize its investments in Alibaba Group Holding Ltd and Yahoo Japan Corp, the activist investor wrote in a letter to Yahoo's board on Thursday. Starboard, which first...
Starboard has issued a letter expressing its concern over reports of a Yahoo acquisition, reports CNBC's David Faber.
A wave of M&A in the digital ad space may leave no room for start-up companies, according to a recent report.
Cord cutting has been blamed for weak TV ratings, but viewers who watch video over the Internet may be more valuable to advertisers.
Tim Armstrong, AOL's chief executive, dismissed recent rumors of a possible partnership with Verizon or merger with Yahoo.
Tim Armstrong, AOL chairman & CEO, discusses Yahoo merger buzz, the future of digital advertising and competition in the media technology space.
CNBC's Julia Boorstin speaks to Tim Armstrong, AOL chairman & CEO, about the speculation of a deal with Verizon and the company's digital content strategy.
*Services sector expands at slowest rate since Feb- Markit. NEW YORK, Jan 6- U.S. stocks ended lower for a fifth session on Tuesday as data showed slower growth in the U.S. service sector and oil prices fell further. The S&P 500' s losing streak was its longest in about 13 months, but the index ended off the day's lows, having fallen as much as 1.4 percent earlier, at one point...
Stocks fell Tuesday as investors fretted the implications of crude's failure to find a floor.
Rumors of an AOL takeover are heating up, but that's not necessarily a good thing.
Jan 6- Verizon Communications Inc Chief Executive Lowell McAdam said the company is not planning any major acquisitions, following a report that Verizon had approached AOL Inc for a potential deal. "I think AOL along with lots of other media companies are potential for us to do partnering, on a commercial basis or whatever," McAdam said at a conference on Tuesday.
NEW YORK, Jan 6- U.S. stocks fell on Tuesday in choppy trading, extending losses a day after Wall Street suffered its biggest drop since early October as data showed the pace of growth in the U.S. economy had slowed. An election in Greece which may trigger its exit from the euro zone is some three weeks ahead, increasing the difficulty for the European Central Bank to...
Verizon CEO Lowell McAdam states AOL and other media companies are potential partners, but they are not in significant acquisition talks with AOL. CNBC's David Faber reports.
Reports that Verizon has held concrete discussions to acquire AOL are "not accurate," Verizon CEO Lowell McAdam said on Tuesday.
NEW YORK, Jan 6- U.S. stock index futures edged higher on Tuesday following the largest losses on Wall Street since early October and ahead of a large data batch that will show the momentum of the U.S. economy at the end of last year. A gauge of durable goods and factory orders for November is due at 10 a.m. EST, as well as an index of economic optimism for January.
Companies making headlines ahead of the bell Tuesday:
Verizon Communications has approached AOL about a potential acquisition or joint venture to expand its mobile-video offerings, Bloomberg has reported.
NEW YORK, Jan 6- U.S. stock index futures edged higher on Tuesday following the largest losses on Wall Street since early October and ahead of a large data batch that will show the momentum of the U.S. economy at the end of last year. *AOL Inc shares rose 6.8 percent in premarket trading the day after a report that Verizon Communications approached AOL about a...