S&P said in a report that Trian was advocating share buybacks "beyond our current expectations."» Read More
A little more than 24 hours after announcing its big, lucrative Alzheimer's drug partnership with Pfizer, Medivation had the lead-off position (I wonder if they told organizers they'd be a newsmaker) at today's BioCentury/Thomson Reuters biotech investment conference in New York City.
Stocks may have had a tough summer, but Wall Street is gearing up for an even rougher fall.
Many of the world's wealthiest people have moved their money out of stocks and bonds and into cash, the head of HSBC's Swiss private banking unit said.
After a rough summer, Wall Street is gearing up for an even rougher fall as the financial crisis, housing slump and economic pressures show no signs of abating.
There will likely be some relief on Wall Street after it appeared that Hurricane Gustav hadn't damaged the Gulf Coast as badly as many feared — and in turn sent oil prices falling sharply.
Action film parody "Tropic Thunder" clung to the top spot at the North American box office for a third straight week as the summer moviegoing season sputtered to a lackluster close, Hollywood studios reported Sunday.
The market rallies on Friday with the Dow, NASDAQ and S&P all up 1% or more, on light volume, but Friday's gains are not enough to boost the market's weekly performance out of negative territory. Energy stocks dominate.
You'd think the streets of Los Angeles would be constantly buzzing with movie shoots. But right now, there's only one major film shooting in the City of Angels. Compare that to the seven films shooting last August. What's to blame?
CNBC's parent company NBC Universal did quite well with the Olympics. More than 211 million Americans watched the games -- that's more than 70 percent of the country -- making them the most-watched ever, beating the 209 million viewers who watched the 1996 Atlanta games.
Barack Obama is at the Democratic National Convention in Denver, with a cadre of celebrity supporters from Jennifer Lopez to Kanye West scheduled to make appearances around town. Meanwhile, John McCain is drumming up star power of his own. How does this all add up?
Following are the day’s biggest winners and losers. Find out why shares of China Precision Steel and Tree.com popped while Lowe's and Starbucks dropped.
Patrick Becker Jr. says large-cap stocks are an investor's wisest choices in the current volatile market environment.
Nationwide is on Sanjaya's side. The insurance company is reaching out to the growing number of Americans of South Asian descent by launching a hair-raising commercial featuring former "American Idol"contestant Sanjaya Malakar.
Our coverage is shaping up to be all about financials this week. A "deathwatch" of sorts.
Chairman of Cumberland Advisors predicts more bank failures while the managing director at Louise Yamada tells investors why now is the time to be bullish on gold. Following are today's top videos:
Automotive advertising has taken a nosedive across advertising mediums, hitting TV advertising particularly hard. And now one of the biggest nights on TV all year is losing its big auto advertiser, General Motors, which has been one of its biggest overall advertisers.
Good news -- for bears: The markets are still heading lower, according to Kirby Daley, senior strategist at the Newedge Group. He tells CNBC that investors are being overly optimistic when it comes to equities -- because the U.S. economy isn't even close to a recovery
Do you believe that financials, pharma and telecom can maintain through an economic downturn? If so, you might want to take a look at the Dow Industrials where some of the largest companies in the world are currently offering investors notably large dividend yields.
General Electric CEO and Chairman Jeff Immelt Monday said the conglomerate would be making acquisitions in in the troubled financial services industry and seemed to rule out a spin-off of the company's media unit, NBC Universal.
Day nine of the Summer Olympics in Beijing, featuring swimmer Michael Phelps' historic gold-medal triumph, gave NBC its most watched Saturday prime-time broadcast in 18 years, the network said Sunday.