Asian shares were mixed on Friday in quiet trade with many regional markets shut for the Easter holidays, except for Japan, China and South Korea.» Read More
Continental Chief Executive Manfred Wennemer will have to play the German card to get key support from German unions to buy conglomerate Siemens' automotive electronics unit VDO.
Satyam Computer Services, India's fourth-largest software exporter, reported a 7% rise in quarterly profit on Friday, below forecasts as a stronger rupee hurt margins.
The board of Dow Jones has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval. The 16 members of the board, which met for several hours Tuesday, were not unanimous in their decision, but a "strong majority" voted to recommend approving the deal, said one source familiar with the matter.
Abbott Laboratories posted higher second-quarter earnings Wednesday on increased sales of its prescription drugs, with global revenue from arthritis treatment Humira jumping 50%.
The CNBC Executive Leadership Awards honor executives who have shown exemplary leadership, inspiration and innovation. More than 300 business leaders attended the third annual gala at the Pierre Hotel in New York Wednesday night and paid special tribute to legendary Federal Reserve Board Chairman Alan Greenspan.
A Dow Jones board member who is also part of the family that controls the company has launched a last-ditch effort to block a takeover by Rupert Murdoch's News Corp., the Wall Street Journal reported on Sunday.
The stock market finished the week with the Dow Jones Industrial average and the S&P 500 closing at lifetime highs for a second consecutive day. The Nasdaq Composite shook off earlier weakness to close in the plus column.
General Electric reported a 10% increase in quarterly profit, as strong results at its commercial finance and infrastructure business, offset a loss at its subprime mortgage business.
Even the billionaire who broke the British pound will have some poor picks in his portfolio. But Cramer says he found one stock that is definitely worth owning.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.
U.S. stocks are ready to rise at the open after equities markets worldwide set records of their own on the back of Wall Street's big rally.
General Electric has decided to sell its WMC Mortgage subprime lending business, the lender told employees in a memo Thursday.
An explosive bid for Canada's Alcan is giving a positive psychological lift to stocks as traders watch a flood of monthly sales reports from retailers.
General Electric and Abbott Laboratories said on Wednesday they had terminated a proposed $8 billion deal for GE to buy two Abbott businesses because they couldn't agree on final terms.
Do you ever notice those clever "banners" which flash on screen during stories? How can you not? They're omnipresent, even oppressive. You know, "Hilton's Check-Out Time" when Paris leaves jail, or "iMania!" for the iPhone buildup. Often the banners end with question marks, which is a feeble attempt to push the envelope: "Is Bill Gates Evil?" "Steve Jobs a Jerk?" (translation: we think so, but we have to be "objective" so let's just pose the question).
Stocks ended higher on Monday, but gains were held in check as investors awaited the start of the second-quarter earnings season. "We're getting into earnings season, and what we've seen so far is good, so we think there is going to be an upward bias," said Joe Ranieri, head of NASDAQ trading at Canaccord Adams. "It's good but scary."
Boeing unveiled its lightweight, carbon-composite 787 Dreamliner on Sunday in front of 15,000 cheering employees, customers and suppliers, capping a weekend of hype and a flurry of orders for the new fuel-efficient plane.
An escalating dispute between Airbus and jet-engine supplier General Electric could delay deliveries of the European airplane maker's A350 extra wide body jet, the Wall Street Journal said on Monday.
Japan's Toshiba is in talks to sell 10% of its stake in nuclear power unit Westinghouse to Kazakh state firm Kazatomprom, a Toshiba source.
Tomorrow, the NBC Universal Family brings us Live Earth--with a three hour primetime special on NBC, plus 18 hours of coverage of Bravo and seven hours on our very own CNBC. Plus coverage on all sorts of other channels in the family--including Telemundo, Mun2, Universal HD, and the Sundance Channel. A sign of the power of the Live Earth message, NBC has attracted some top-notch (huge and influential) advertisers--General Motors, Apple, and American Express.
General Electric's subprime lending arm WMC Mortgage sold about $3 billion in nonprime loans in the second quarter, lowering the volume of loans on its books to about $1.5 billion, a company spokesman said Tuesday.