As global markets reel from a brutal selloff and a subsequent rally, the cable and media industry has been battling a home-grown rout of its own.» Read More
On a week that saw Apple surpass Microsoft in market cap, the BP oil spill continue to impact the ecosystem and drillers, Spain lose its AAA rating, and the worst May performance for the Dow since 1940, and the S&P since 1962, the major indexes managed to end the week on a positive note, except for the Dow which closed down slightly.
Wall Street limped to the finish of an ugly May, dropping on European debt fears and lackluster economic news, though stocks were well off their lows heading into a holiday weekend.
The euro fell sharply against the U.S. dollar Friday after Fitch downgraded Spain's credit rating. Which way will it go next? Boris Schlossberg, director of currency research at GFT Forex, discussed his outlook.
FBI agents arrested two individuals, including one Disney employee, in Los Angeles Wednesday morning on charges related to insider trading, CNBC has learned.
Stocks closed about a half-percent lower after a bargain-hunting rally collapsed late Wednesday, with traders booking gains from earlier in the day and refusing to give the market a vote of confidence.
This is the text of a letter the FBI says was sent to hedge funds and other investment companies in the United States and Europe. It is included in the complaint against Bonnie J. Hoxie and Yonni Sebbag, who have been charged with trying to take advantage of inside information about Disney's finances.
Insider trading allegations have hit The Walt Disney Company. But the real story hidden within the SEC criminal complaint was the inclusion of an email about Disney's possible sale of ABC.
Plus, get calls on drugs, banks, tech and more.
The recent announcement that FedEx would not be back as title sponsor of the Orange Bowl is noteworthy for the reason why the 21-year relationship ended.
Fears of global economic contagion sent the markets falling for the second day in a row, pushing the Dow below 10,000. But Bill Smead, CEO and CIO of Smead Capital Management and Craig Hodges, co-portfolio manager at The Hodges Fund said they still remain bullish on the markets.
Just as what people eat can be divided into basic food groups, so, too, can television programming. Among the staples of the schedule are shows about police officers, lawyers, doctors and spies, along with series about friends, couples and friendly couples. The NYT reports.
Stock pared their earlier losses Monday, but investors are continuing to worry about the European debt contagion. Richard Sparks, senior equities analyst at Schaeffer’s Investment Research, and Jack Reutemann, founder of Research Financial Strategies, offered their insights.
US stocks declined over 4% this week, with the Russell 2000 and NASDAQ Composite leading the sell-off. During Friday's trading session, the CBOE Volatility Index rose to a 15-month high, while the Dow swung 279.71 points, dipping below the 10,000-mark, before erasing all of its losses to close up 125 points for the day.
What’s ahead? Traders expecting choppier markets for the rest of the year. Remember what happened: going into May, traders were not only long the market, they were short volatility... Now the volatility bets are off. They were forced to buy volatility for the past couple weeks, culminating in a buying frenzy this week.
Stocks erased early losses on Friday, defying market expectations for another big selloff, but struggled to hold gains. What should investors expect from the markets going forward? Paul Schatz, president at Heritage Capital, and Dirk Van Dijk, director of research at Zacks Investment Research, discussed their opposing views.
A massive sell-off on Wall Street Thursday thrust the stock market into an official correction. Now, some traders are warning that a bear market lies ahead.
When I was 14, I wrote a high school essay about why I wanted to be coach of the New York Rangers. At the time, the Rangers were going through their revolving door of coaches: Ted Sator, Tom Webster, Phil Esposito, Michel Bergeron, Phil Esposito again. I figured, I had a chance.
Federal regulators are voicing concerns about creation of a futures market for trading on movie box-office receipts.
In a Quixotic kind of way, SAP's acquisition plans announced last week for Sybase got me thinking about another deal that's made the rounds over the past couple of years: Apple and the potential take-out of Electronic Arts.
US major indexes reversed last Thursday's steep drops on Monday on a near $1 trillion European Union relief package and on news that US regulators are looking at circuit breakers to prevent a re-run of last week's "flash" market meltdown.