Frank Quattrone, a star Silicon Valley investment banker who advised hundreds of companies during the dot-com boom of the late 1990s, has been quietly counseling about 20 technology companies since March of last year, when he started Qatalyst Partners, a boutique merchant bank.
Carol A. Bartz, chief executive of Yahoo, has been hobbled, the New York Times reported.
The tech trade lost momentum after Microsoft earnings slowed things down. But is this the pause that refreshes?
US markets hit the highest levels of 2009 enforcing a summer rally, and turned in the best July since 1989 for the Dow, and 1997 for the S&P and Nasdaq. Additionally, July was the best monthly performance for the Dow since October, 2002, and April, 2009 for the S&P and Nasdaq.
Sony and Nintendo may tell anybody who will listen that they’re not planning to drop console prices this year, but judging by the results from each company’s first fiscal quarter, neither video game console maker may have a choice.
When Microsoft and Yahoo announced their search engine and advertising sharing deal on Wednesday, Yahoo's stock dropped about 11 percent. Although that was in a down market, Google's shares dropped just over one percent. Investors don't seem happy with the deal, at least for the short-term. That's the problem with the stock market.
Resilience may be the name of the game Wednesday with the Dow and S&P slipping only modestly despite a long list of catalysts that could have sent the market much lower.
Stocks finished lower Wednesday despite a late comeback attempt as the weight of disappointing economic news and a weak Treasury auction dragged down major indexes.
Several economic indicators point to signs that the economy may finally be moving out of the recession, but are they merely false hopes? Brian Bethune, U.S. economist of HIS Global Insight and James Sweeney, U.S. global strategist at Credit Suisse shared their market insights with investors.
It's been a year in the making, and now finally Yahoo and Microsoft are teaming up to take on Google's dominance in search. Alone neither Yahoo nor Microsoft had a chance against Google, but the tech and web giants 10 year search ad deal gives them a real opportunity to compete.
Whenever I think of about the Yahoo-Microsoft deal, I'm reminded of the closing lines of "Jerry McGuire," when Tom Cruise tells his wife that she completes him. But in truth, the better line to describe the deal came earlier in the film, when Cuba Gooding Jr. screamed "Show me the money."
Stocks declined Wednesday as weak demand for today's Treasury auction and a sharp drop in oil prices dragged on the market. A disappointing durable-goods report didn't help either.
Weak durable goods numbers versus stronger home sales: which indicator should investors believe? Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
The latest durable goods report triggered new reasons to worry about the economy. Can you still profit in this tape?
Michael Browne, portfolio manager of Sofaer Global, told CNBC that “We didn’t have that ability to react in 1991 to 1993 in the way we can react today.”
Bulls and bears are debating what the earnings season really indicates, but Robert Doll, vice chairman and CIO of global equities at BlackRock, is siding with the bulls.
Stocks opened lower Wednesday after a report showed a much sharper drop in durable-goods orders than expected. And a sharp selloff in China dragged on oil prices, which also weighed on the market. Mortgage applications also fell for the first time in four weeks. Read and listen to what the pros had to say...
Stocks declined Wednesday after a report showed a much sharper drop in durable-goods orders than expected. Plus, a sharp selloff in China dragged on oil prices, which also weighed on the market.
It's a kiss-your-sister kind of deal, and stock trading in both companies reflect it. It's been a long wait. And after all this time, shareholders will still be forced to wait -- a lot longer -- to see if the deal was worth waiting for.
What happened to China? The Shanghai Composite closed down 5 percent, it's biggest one day drop this year; at one point it was down 8 percent intraday.