Shares of Facebook hit a record high after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' estimates.» Read More
For all you hear about the housing bust, you'd think prices aren't going up anywhere. One look at the Seattle or Portland, Oregon markets tells you it isn't true.
Apple's annual shareholder meeting was short on news, but long on drama with several investors grilling the Apple directors who did show up with questions about the stock options backdating scandal.Apple's entire directors' slate was re-elected, as expected. None of the shareholder resolutions passed, as expected.The fireworks and interesting nuggets came during the shareholder question-and-answer session.This is the first paragraph/short story.
According to the Seattle Post-Intelligencer, Bill Gates confessed to searching for the estimated value of his 50,000-square-foot mansion on Zillow.com. Gates generally likes the online real estate site, which launched with the help of some former Microsoft execs. But he says Zillow's "algorithms for figuring out prices don't scale very well to the low end or the very high end."
Shares in Rio Tinto retreated as much as 4% on Thursday, a day after surging to a record onspeculation BHP Billiton may make a $100 billion-plus takeover bid.
Shares in mining group Rio Tinto surged on Wednesday on talk that bigger rival BHP Billiton was planning a bid which would create the world's fifth biggest company, although Rio denied it had been approached.
Is Hewlett-Packard worth the buy? Why doesn't Microsoft acquire Yahoo!? What about retail stocks? Cramer answers viewers' questions.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.
I was opening up my packs of Donruss' Score Select and I pulled this card. I was excited about who the player was, but I was really angry when I looked at this signature.I guess about 10 years ago, card companies started inserting signature cards in packs, but I have to tell you over the past couple years, the signatures have gotten worse and worse. I don't blame the card companies. They send these athletes a sheet of stickers to sign and in the end, the athletes just get lazy.
Whoops! They did it again!You probably never thought of linking Britney Spears to the Silicon Valley stalwart HP, but another embarrassing gaffe grips the folks in Palo Alto.Somehow, some way, HP's finance team mistakenly releases the company's second quarter guidance which was supposed to be disclosed a week from tomorrow when HP was set to release earnings after the bell. Instead, the company cops to the "inadvertent disclosure of financial information relating to HP's recently completed second fiscal quarter through an internal email sent Monday evening to a single outside party."
Merger news and analyst upgrades were some of the catalysts behind the most actively traded stocks on Monday.
Dell Inc. has agreed to work with Microsoft Corp. and Novell Inc. under an alliance the rival software makers formed last year to make it easier for the Windows operating system and the increasingly popular Linux system to work together, the companies said Sunday.
Mergers and acquisitions dominated headlines during the week as the S&P 500 ended above 1,500 for the first time in more than seven years and came within striking distance of an all-time high of 1,527 set in March 2000. "Merger activity is one of the things that's driving the strength in this market," said Ted Weisberg, president of Seaport Securities.
Stocks wrapped up another record week as potential merger deals pushed the major markets higher. "The market responded very well this week to the raft of mergers and acquisitions announcements and private equity deals," said Quincy Krosby, chief investment strategist at The Hartford.
Merger talks between Microsoft and Yahoo have reportedly broken down and are more likely lead to a cooperative effort of sorts, if they lead to anything at all, according to recent media reports.
Media stocks are cheap, so some big players in the industry are saying “Let’s make a deal.” This week's flurry of potential media mergers includes such heavyweights as News Corp., Dow Jones, Reuters and Thomson. Analysts say that the main driver behind the proposed combinations is that media stocks are relatively cheap, making companies ripe for picking.
Reuters Group appears willing to endorse a takeover offer from Canada's Thomson Corp., the Financial Times reported. Success or failure of the deal will depend on whether the two sides can convince directors of the Founders Share Company that Reuters' editorial integrity would not be compromised, FT said.
Reuters received a takeover approach by a third party, but wouldn't say who. Those in the know say its Thomson group, the financial news company that aggregates information, like which analysts cover which company -- a service that we here at CNBC use quite often.
Merger and acquisition activity is on a roll, but is it really what’s driving the market bulls? Brent McQuiston, Wealth Trust Arizona vice president, and Sam Stovall, Standard & Poor’s chief investment strategist, shared their insights on “Morning Call.”
RealNetworks posted better-than-expected results for the first quarter, saying quarterly earnings rose amid strong sales and a solid performance from its digital music subscription business.
Symantec, the world's biggest security software maker, posted a lower fourth-quarter profit that beat analysts' forecasts, sending its shares more than 5% higher in after-hours trading.
With the stock market booming and wealth in America exploding, more of the rich and super-rich are giving big bucks to charitable causes.