Technology firms led market gains as the S&P Tech sector hit its highest level since November 2000 and the Nasdaq 100 reached a 14-year high.» Read More
Producing a morning show on a Monday is always a tricky bit of business, but what’s often saved the day for the “Squawk Box” staff is a plethora of merger and acquisition deals struck over the weekend... At precisely 6am, private equity struck again: Cerberus announced a deal to buy United Rentals for $4 billion, excluding debt. ... Also: landing Sirius' CEO Mel Karmazin on CNBC.
Corporate takeovers in the tech sector and earnings news were some of the catalysts behind the most actively traded stocks on Monday.
Computer and printer company Hewlett-Packard said Monday it will buy data center automation software company Opsware in a tender offer for about $1.6 billion, or $14.25 per share in cash.
Mergers and acquisitions and a generous portion of quarterly earnings along with OPEC news is turning the stock market picture back to the plus side after Friday's selloff, though looming in the background are credit market concerns.
British cable operator Virgin Media has asked suitors to submit expressions of interest by the first week of August to kick off an auction of the company, people familiar with the situation said on Monday.
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Hackers stole information from the U.S. Department of Transportation and several U.S. corporations by seducing employees with fake job-listings on ads and e-mail, a computer security firm said on Monday.
Computer printer maker Lexmark International slashed its second-quarter earnings outlook, citing disappointing revenue from both hardware and inkjet supplies, driving its shares lower.
U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.
Struggling Dutch computer services firm Getronics said on Tuesday a U.S. company was interested in buying it, sending Getronics shares up as much as 16%.
CNBC.com's Live Events Video Player carried all-day coverage of The Wall Street Journal Deals & Deal Makers Conference on Wednesday, June 27, 2007. Here are some of the video highlights.
Brent Bracelin, hardware analyst at Pacific Crest Securities, told CNBC’s “Squawk Box” that Dell Computer’s decision to sell through retail outlets could boost the stock to as much as $35 a share.
Color and personalization of the new XPS M1330 notebook are how Dell is choosing to highlight its design innovation and separate itself from competitors. The PC maker debuted its new line of notebooks Tuesday in an unusual way in an unlikely setting: a runway show in Macy's Herald Square. The launch is all part of Dell's efforts to regain marketshare lost to competitor H-P by rebranding with a more stylish edge.
Online auctioneer eBay. said Tuesday it is ready to begin auctioning advertising airtime on 2,300 participating U.S. radio stations, expanding on an existing plan to sell cable television ads.
Retail investors looking to jump back into the stock market may find it difficult to find out where to even begin given the wealth of mutual funds and ETFs out there. And even those comfortable with fund-based portfolios may want to explore the field of individual stocks, which are riskier than fund but also potentially more rewarding.
The Dow's record run hits a speed bump and the S&P 500 can't hold a new record high as worries about the economy and interest rates surface.
Stocks ended broadly lower and the Dow fell for the fourth straight session after strong economic data lowered the odds of a near-term cut in interest rates. "The market was looking for a reason to pull back," said Brian Belski, chief U.S. strategist at Merrill Lynch. "Coming into the holiday weekend, it's not surprising that we're seeing some weakness."
Dell, which has relied mostly on a direct-to-consumer sales model, will start selling computers through Wal-Mart stores. The deal aroused concerns about possible margin-tightening for chip makers.
Randy Lert, chief portfolio strategist for Russell Investment Group, told CNBC’s “Morning Call” that he believes valuations are now attractive for large-cap stocks.
All this week Cramer is going through the Dow Jones Industrial Average - explaining, stock by stock, why he thinks the index is going to 14,548 by year’s end. 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.