U.S. stocks closed higher for a second session on Monday as Wall Street weighed moves by the Fed.» Read More
General Electric and the U.S. Consumer Product Safety Commission said on Wednesday the company was recalling 2.5 million built-in dishwashers manufactured from September 1997 to December 2001.
Responding to recent calls for General Electric to spin off NBC Universal, GE Chairman and CEO Jeffrey Immelt said he sees strong growth ahead for the news and entertainment unit but that "nothing is safe."
The following is a transcript of a CNBC interview with General Electric Chairman and CEO Jeff Immelt on CNBC's "Morning Call" today at 10:10 AM ET.
Countrywide Financial, the largest U.S. mortgage lender, plans to add 2,000 sales jobs this year as a housing slowdown batters weaker rivals, Chief Executive Angelo Mozilo said on Monday.
What does it mean if corporate earnings are "even better abroad" than in the U.S.? "A great play for investors," according to Keith Wirtz. The president and CIO of Fifth Third Asset Management offered "Squawk on the Street" viewers his outlook on the market -- and his favorite multinational stock picks.
Shares in Rio Tinto retreated as much as 4% on Thursday, a day after surging to a record onspeculation BHP Billiton may make a $100 billion-plus takeover bid.
In TV's worst spring in recent memory, an alarming number of Americans drifted away from television the past two months: More than 2.5 million fewer people were watching ABC, CBS, NBC and Fox than at the same time last year, statistics show.
Shares in mining group Rio Tinto surged on Wednesday on talk that bigger rival BHP Billiton was planning a bid which would create the world's fifth biggest company, although Rio denied it had been approached.
I was opening up my packs of Donruss' Score Select and I pulled this card. I was excited about who the player was, but I was really angry when I looked at this signature.I guess about 10 years ago, card companies started inserting signature cards in packs, but I have to tell you over the past couple years, the signatures have gotten worse and worse. I don't blame the card companies. They send these athletes a sheet of stickers to sign and in the end, the athletes just get lazy.
The cable industry is assembling in Las Vegas for a major convention, where competition, convergence and content are the buzz words.
Swiss Re reported a consensus-beating first quarter net profit of 1.3 billion sfr, a 54% increase over the year-earlier period, due to a continuing good performance across all business segments.
Spider-Man caught just about everyone in his web. The super hero's latest adventure, "Spider-Man 3," smashed box-office records with a $148 million haul in its first three days, according to studio estimates Sunday.
Two groups plan to appeal to billionaire Warren Buffett's sense of right and wrong at this weekend's Berkshire Hathaway shareholders' meeting.
"Spider-Man 3" is breaking records, and it hasn't even opened in the U.S. yet; it premiered in Tokyo in April, and opened in 16 Asian and European countries on Tuesday, bringing in $29 million dollars on its first day alone.Throughout Asia, the film opened bigger than the first and second films in the series; in some countries, it out-grossed the combined opening day of Spidey 1 and 2. And in some countries, the movie broke records for the biggest single-grossing day ever.
Hitting home: When a big story hits, it’s always very exciting. It’s also a bit nerve-wracking when the story, at least potentially, involves you personally. David Faber’s big scoop today qualified on both counts. During "Morning Call," David broke the story that News Corp. was bidding $60 per share to acquire Dow Jones -- sending quite a wave of excitement throughout our newsroom. It’s not just a potentially huge takeover deal -- it’s one that could change OUR lives tremendously.
The beginning of the second quarter of 2007 had a slow start at the box office. The first five weeks of Q2 were down 7.2% from the same period a year ago. But this week, all of that will change with "Spider-Man 3" opening on a whopping 4,000 screens on Friday, starting with some midnight screenings Thursday night.
Excluding items, Genworth earned 75 cents a share, short of expectations. The company was seen reporting earnings of 77 cents a share, based on a consensus estimate compiled by Thomson Financial.
Stocks posted their fourth straight week of gains, pushing the Dow Jones Industrial Average to its third record close in row. The markets were boosted by better-than-expected corporate earnings, which managed to outweigh a weaker-than-expected estimate of first-quarter economic growth.
With the Dow Jones Industrial Average hitting another record, investors are asking: buy or sell? Robert Zagunis, co-portfolio manager at Jensen Investment Management, and Jeff Mortimer, portfolio manager for Schwab Core Equity Funds, gave "Closing Bell" viewers their answer: buy.
General Electric should spin off its NBC and GE Money units and its real estate assets to unlock value in the core company, Citigroup analyst Jeffrey Sprague said on Friday. As a stand-alone company, NBC would be better able to explore acquisitions or sell itself to a larger media company, he said.