Many hedge funds sold down or exited positions in eight of the 10 most commonly held stocks, including Apple, Google and Exxon.» Read More
As David Faber reported, General Electric and Comcast are in talks to spin off GE's NBC Universal, parent of CNBC, into a new company that will be merged with the content assets of Comcast. What might this deal be worth? Start by looking at comparable valuations.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Following are the day’s biggest winners and losers. Find out why shares of Nike and Huntington Bancshares popped while Biogen and Saks dropped.
The quarter ends on Wednesday and so far, 197 companies have posted positive outlooks while 282 companies posted negative. Will earnings be the market’s next challenge? Craig Peckham, equity trading strategist at Jefferies & Co., and Ashwani Kaul, global head of research at Thomson Reuters, shared their insights.
"About five or six years ago, I got together with my team, and we started our own marketing company, and decided to tweak some things. Go in a different direction a little bit, and a lot of patience and perseverance and working with brilliant people, and here we are," Kobe Bryant tells me in an exclusive interview.
Today Disney announced the first-ever digital children's book platform, which also happens to be the media giant's first digital subscription business.
After missing in action for much of this year's stock rally, mergers and acquisitions are making a big comeback.
U.S. stocks broke two weeks of consecutive gains to finish in the red Friday. Despite of the pullback this week, all major indices remain on track to finish the quarter up 13% or greater.
When Cowboys great Tony Dorsett made fiery comments about Tony Romo, I saw it first on a small independent Web site. When Minnesota Vikings great Fran Tarkenton bashed Brett Favre, I saw it first on a small independent Web site. How did this site get the scoop? Because its founder was listening when no one else was.
As Advertising Week wraps up here in New York, one major marketer, Budweiser, is sponsoring what it hopes will be the next hot sport to succeed Poker - Ping Pong!
The revelation that Marvel Entertainment CEO Mr. Isaac Perlmutter received option grants for more than a million shares while the merger of his company to Walt Disney was underway is a recent example of how CEOs of target firms have used this practice for personal gain, says guest blogger, Eliezer Fich.
The most popular social network-Facebook- is teaming up with the most powerful media measurement giant-Nielsen-to prove that social media ads work. At Advertising Week in New York I sat down with Sheryl Sandberg, Facebook's Chief Operating Officer in her first live TV interview since taking the post last year.
With the announced deal of the combination of Dell Computer and Perot Systems there is thought that there will be another wave of Mergers and Acquisitions.
The drive for Dow 10,000 hit a bump in the road Monday as investors took a breather, sending stocks down more than half a percent at the open. Stocks remained lower after a report showed leading indicators rose for a fifth straight month.
At Advertising Week in New York I had a chance to sit down with AOL CEO Tim Armstrong in his first TV interview since taking over the troubled company. As AOL heads towards an IPO, spinning off from Time Warner before the end of the year, Armstrong is hard at work turning the division known for its subscription web mail service - a revenue stream that no longer exists - into an ad-oriented, content-driven company.
The forecast was bright at the box-office for "Cloudy with a Chance of Meatballs," which earned $30.1 million to lead this weekend's films.
After nearly four decades with the company, Dick Cook has announced that he's stepping down as studio boss immediately.
Even Hollywood insiders were shocked by the news late Friday that Dick Cook, the Walt Disney veteran and beloved chairman of Walt Disney Studios is stepping down immediately.
U.S. stocks rose to fresh 2009 highs this week, as investors continue to bet that an economy recovery might be in place. The Dow Index is once again near the 10,000-mark.