Safra Catz and Mark Hurd, currently Oracle's presidents, will become the CEOs of the company.» Read More
On a week where Financials dominated the market, Freddie and Fannie lost over 90% of their share price, followed by Lehman at a loss of almost 78%; the markets still managed to close positive on the week.
If any ties to the former Nazi Germany are unacceptable, I assume the following organizations are also off the table: Deutsche Bank, IBM, Volkswagon, BMW, Mercedes Benz, Siemens and BASF.
Following are the day’s biggest winners and losers. Find out why shares of IBM and Exxon Mobil popped while Boeing and Las Vegas Sands dropped.
On a wild week in the markets which saw Friday close off its lows as the Dow swung within an almost 200 point range, the markets all close in negative territory for the week by about 3% or more.
The latest overall job loss numbers showed a loss of 84,000 jobs in August and a jump in the unemployment rate to 6.1%, close to a five-year high. The payroll drop is still below the six figure numbers seen in past recessions. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
"I see a recipe for a wipeout," says celebrated contrarian investor Bill Fleckenstein about the tech trade.
The Virtual Worlds Expo is well underway in Los Angeles, companies using the event as a platform to make announcements about their companies.
Plus, Cramer make the call on IBM, CSX, Celgene and more.
Attention Starbucks shoppers, there’s an early bird special over by the pastry counter. But only for the next 15 minutes, so better hurry! Sound far-fetched? Maybe not.
Rapid changes in the commodities market have left some investors badly bruised to say the least. However lower gas prices are good, right? Should you cheer or fear the drop in oil?
In the first half of this year more than 300 million in venture capital financing poured into virtual world startups, with over 250 new virtual worlds popping up, and generating $700 million plus in business.
After jumping up over 200 points this morning, the Dow has reversed course and is now in negative territory for the day. The S&P 500 also jumped, rising above 1300 before falling back down. Interestingly, at one point during the swing, the S&P was down more than the Dow was down. The Dow is priced roughly 9 times higher than the S&P 500. Given the difference in scale, it is somewhat unusual to see this happen when they move in the same direction.
The Dow tumbled on Friday after a warning by computer maker Dell that companies worldwide are cutting back on technology spending spooked the tech sector.
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.
It's been a tough year so far for the markets with the Dow, S&P and Nasdaq down 13%, 13% and 10% respectively on a year-to-date basis. How will things look when everyone comes back from their vacations and the holiday weekend and volume begins to pick up again? Here is what history has shown happens after Labor Day...
Larry Mano finds opportunities for investors at the intersection of defense and technology.
Financials rebounded from Tuesday's sell-off but housing finance giants Fannie Mae and Freddie Mac plunged on growing concerns of a possible government bailout.
This is an important week for Intel, a company at a kind of competitive and technological crossroads. The company is hosting its annual developers' forum in San Francisco, with chairman and former CEO Craig Barrett delivering today's keynote.
Fears that emerging market demand for Dell Inc. and Hewlett-Packard Co. technology products will slow and that the U.S. dollar will strengthen in the remainder of the year may overshadow earnings in line with or above Wall Street targets.
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.