U.S. stocks closed at highs after encouraging domestic data alleviated concerns over continued signs of slowing growth in Europe and China.» Read More
China immediately denied the charges, saying in a strongly worded Foreign Ministry statement the U.S. grand jury indictment was "made up" and would damage trust between the two nations. The indictment was the first criminal hacking charge that the United States has filed against specific foreign officials, and follows a steady increase in public criticism and...
NEW YORK, Nov 20- Alibaba wowed the markets Thursday with its ground-breaking US $8 bn debut dollar bond, pricing it at levels in line with and even tighter than some of the world's best-known companies. Alibaba priced US $1 bn 1.625% three-year fixed-rate notes at T +70 bp; a US $300 m three-year floater at 3 mL +52 bp; US $2.25 bn of 2.5% fives at T +95 bp; US $1.5 bn of...
Activision Inc. rose 7.9 percent to $21.11 with 23,754,000 shares traded. American Realty Capital Properties Inc. rose 2.4 percent to $8.98 with 28,527,500 shares traded. Apple Inc. rose 1.4 percent to $116.31 with 40,594,400 shares traded.
NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...
Apple Inc. fell. 7 percent to $114.67 with 41,089,700 shares traded. BlackBerry Ltd. fell 5.3 percent to $10.19 with 30,281,400 shares traded. Cisco Systems Inc. was unchanged at $26.59 with 19,356,600 shares traded.
WUZHEN, China, Nov 19- Chinese officials called on Wednesday for controls on the Internet to preserve stability, saying its model for cyberspace regulation can be the framework for spawning commercial successes like Alibaba Group Holding Ltd. "This place is crowded with tourists, who are perfectly orderly, and cyberspace should also be free and open, with rules...
Apple Inc. rose 1.3 percent to $115.47 with 41,708,500 shares traded. Cisco Systems Inc. rose. 5 percent to $26.59 with 26,839,200 shares traded. Dendreon Corp. fell 13.6 percent to$. 13 with 20,747,200 shares traded.
*Baker Hughes rallies, Halliburton tumbles after deal. Shares of Baker Hughes, up 8.9 percent, and Allergan, up 5.3 percent, gave the S&P 500 its biggest boost after Halliburton said it would buy Baker Hughes and Allergan agreed to be bought by Actavis. "It shows the strength of the overall market that you could have this recession news out of Japan, and yet have the...
Apple Inc. fell. 2 percent to $113.99 with 45,587,000 shares traded. BlackBerry Ltd. fell 2.3 percent to $10.94 with 18,783,000 shares traded. Celldex Therapeutics rose 28.9 percent to $18.25 with 21,721,900 shares traded.
Stocks stepped slightly higher Friday, with investors tracking the price of oil.
NEW YORK, Nov 14- U.S. stocks edged lower on Friday afternoon, led by losses in healthcare shares. "Oil prices moving lower would be a net benefit from most people's perspectives because it frees up so much potential disposable spending on the part of the U.S. consumer," said Peter Kenny, chief market strategist at Clearpool Group in New York. On the Nasdaq, Cisco Systems,...
Within a few days of President Obama asking that Internet be regulated as public utility, a few new high-profile opponents emerged.
American Realty Capital Properties Inc. fell. 9 percent to $8.73 with 24,819,600 shares traded. Apple Inc. rose 1.2 percent to $114.18 with 42,067,300 shares traded. Baxano Surgical fell 53.3 percent to$. 03 with 27,392,400 shares traded.
Now that some of the major players of the stock market are starting to bounce back, Jim Cramer is seeing a strong analogy to the NFL.
Apple Inc. rose 1.4 percent to $112.82 with 58,628,400 shares traded. BlackBerry Ltd. rose 7.0 percent to $12.06 with 49,960,600 shares traded. Cisco Systems Inc. rose 2.3 percent to $25.68 with 55,061,100 shares traded.
John Chambers, Cisco Systems chairman & CEO, explains the company's acquisition strategy and provides his outlook for European growth.
Discussing repatriation of cash, John Chambers, Cisco Systems chairman & CEO, says repatriation would create jobs and provide growth.
CNBC's Jim Cramer breaks down the quarterly results of Cisco Systems. Cramer explains the role President Obama and net neutrality played on Cisco's bottom line.
CNBC's Jim Cramer speaks to John Chambers, Cisco Systems chairman & CEO, about the company's earnings and growth forecast. Chambers also discusses President Obama's comments on net neutrality. Chambers says Internet regulation will cost the country jobs and economic leadership.
Wall Street stock index futures pointed to a higher start to trade on Thursday, ahead of jobs data and major retail earnings.