Activist investor Starboard Value wants to merge rival office-supply chains Staples and Office Depot, according to people familiar with the matter.» Read More
As one of the most dizzying bear market rallies in Wall Street history enters its second month, a nagging question remains: Is the stock market glossing over deeper problems in the economys?
The banking giant Citigroup commanded a stock price of $55 just two years ago. But at one point Thursday, as markets hurtled to their lowest close in 12 years, the shares were worth less than an item at the Dollar Store.
Investors enjoyed a Fat Tuesday of their own, reclaiming most of the prior session's losses, after Fed Chairman Ben Bernanke indicated that all-out bank nationalization wasn't part of the goverment plan.
US stock index futures pointed to a slightly higher open Tuesday, having slumped to a 12-year closing low in the previous session, as investors braced for economic data and a testimony from Federal Reserve Chief Ben Bernanke.
With growing numbers of store closures, shopping mall operators are going to have to think outside the "Big Box" to fill vacant space. Here's what some retailers and shopping center operators are doing when they lose an anchor.
Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.
This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.
Staples is seeing strong put activity Tuesday, ahead of its quarterly earnings report next week. More than 13,800 puts have changed hands this morning, more than double the daily average in the last 30 days. ... We've followed unusual action in the world's largest office products company before — and harvested some fat profits.
As the CEOs of the big three auto makers get ready to testify before the Senate Banking Committee on Tuesday, CNBC asked CEOs in advertising, healthcare and energy for their insight.
This company's competitors may look attractive at first glance, but Cramer's dug a little deeper.
Cramer makes the call on viewers' favorite stocks.
For the first time in history,the Dow, S&P 500, and NASDAQ finished the week up over 10%. Despite the gains this week, all major indices ended the month sharply lower.
*(well... that is, if your universe is the S&P 500!) No matter... shares of this office supplier are not only No. 1 today (up 20 percent) but No. 1 this week... with an astounding 118 percent gain in 5 days...
A series of companies reported earnings Wednesday, offering a mixed picture and generally cautious outlooks.
Cowed by the financial crisis, American consumers are pulling back on their spending, all but guaranteeing that the economic situation will get worse before it gets better, the New York Times reported.
The Lightning Round is extended in this CNBC.com exclusive feature.
As of this morning, 473 (just under 95%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
As of this morning, 449 (just under 90%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
As of this morning, 377 (just over 75%) of the S&P 500 companies have reported earnings. Here's a look at which companies have had the biggest surprises so far...
The weekly survey of financial newsletter writers by Investors Intelligence shows only 30 percent bullish, 50 percent bearish, the first time bears were at 50 percent since 1995.