Where the market stand, with Michael Gurka, Chicago-based Spectrum Asset managing director, and Steve Grasso, Stuart Frankel.» Read More
As Yahoo approaches the end of a 100-day strategic review, financial analysts want drastic action or even a sale of the company, although many are bracing for business as usual.
Niklas Zennstrom, co-founder of Internet telecom group Skype, said on Tuesday he agreed the original valuation put on the company by purchaser eBay was too high.
Yahoo, is working with auction leader eBay and its PayPal payments unit to block fake e-mails to users purporting to be from eBay and PayPal, hoping to spur on an industry that has been slow to fight the scourge of so-called phishing attacks.
Stocks closed mixed as weak housing data was offset by better-than-expected auto sales from GM and sustained expectations for additional rate cuts by the Federal Reserve. "I think with liquidity back in the market you'll still see volatility but you're more likely to see more up days and fewer down days," said David King of Putnam Investments.
I remember when eBay bought Skype for that staggering $3.1 billion and scratching my head, wondering what the connection was. I remember talking to CEO Meg Whitman soon after the deal was announced, listening to her tell me that Skype would make as much sense and be as important to eBay as PayPal was. I remember nodding, listening.
EBay said Monday that Niklas Zennstrom, co-founder and chief executive of its Internet telephony unit Skype, has stepped down.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
EBay is exploding with all things O.J. In the past week, 770 Simpson-related items have been sold compared to 337 items in the three months before that time. Not everything is going to come to market, but I thought it would be fun to throw out the best of what might one day emerge.
So the media has spent countless hours talking about O.J. Simpson's latest--potentially being the ringleader in an armed robbery that involved taking items from a sports memorabilia store in Las Vegas. But I still haven't seen a complete list of what he stole.
Here's our Fast Money Final Trade. Our gang gives you next week's best trades, right now!
Like Fridays of old, speculation is swirling around names like Macy’s, Genentech and Yahoo. With the rumor mill back in overdrive, could the return of “Merger Mondays” be next?
Isn't Caterpillar also a play on CEEMEA? Why is EMC a better stock than VMware? Cramer answers viewers' questions.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
“Power Lunch” is in San Francisco to focus on the role of of venture capital in the economy – from alternative energy to biotech to new media – and talk to major players in the field.
Following are the day's biggest winners and losers. Find out why shares of Blackstone (BX), eBay (EBAY) and General Motors (GM) popped while Countrywide Financial (CFC) and King Pharmaceuticals (KG) dropped.
L'Oreal, the world's largest cosmetics group, has launched legal action against eBay, alleging the online auctioneer does not do enough to combat the sale of counterfeits, the company said on Monday.
Yahoo is buying online advertising network BlueLithium for $300 million in cash, building upon an expansion aimed at ending a financial malaise that has ravaged the Internet pioneer's stock price.
I love the rivalries and I love to cover the business of rivalries. Because it’s amazing what people will pay for a ticket and how many people feel they have to be in the stadium. Just got a great number from the folks at eBay’s StubHub. For last night’s Red Sox-Yankees game, there were 9,216 tickets sold on StubHub. Just to give you an idea, that’s about 16 percent of the crowd.
Remember young George Hotz? He's the 17-year-old Apple hacker who figured out a way to "unlock" the iPhone so it would work on his T-Mobile SIM card, instead of the AT&T SIM card it came with? George enjoyed a whirlwind of press coverage, including quite a bit here on CNBC. I filed for "The Today Show" on Saturday about him.
Seventeen-year-old George Hotz owns a mean soldering iron, and now he's Apple Inc. and AT&T's worst nightmare--and the source of some serious embarrassment. You see, George spent the last 500-hours of his summer vacation unlocking Apple's iPhone, the year's hottest gadget and only available to work on the AT&T network. Until now.
With the stock market booming and wealth in America exploding, more of the rich and super-rich are giving big bucks to charitable causes.