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Stocks advanced Monday after a better-than-expected reading on the service sector. Plus, investors did some bargain hunting after a two-week decline.
US stock index futures pointed higher Monday after two tough weeks for Wall Street.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest bet that video will drive demand for its data transmission gear. The acquisition fills the gap between Cisco's high-end video meeting service and its WebEx tool.
Despite rough economic data the bulls could not be held down and reversed a 100 point drop in the Dow. But that might not be such a positive sign after all...
Cramer makes the call on viewers' favorite stocks.
Technology has become the first of the 10 S&P 500 sectors to recover all its losses incurred after Lehman’s bankruptcy last year. Will the sector continue to see a rally? Scott Kessler, equity analyst at Standard & Poor’s, and Kevin Landis, portfolio manager at The Firsthand Funds, shared their outlooks.
Both the Dow and S&P slipped on Thursday after a three-day run-up on concerns that stocks may be overextended. How can you protect and profit?
Stocks snapped their winning streak Thursday after soaring this week to new highs for the year.
Technology became the first of the ten S&P 500 sectors to recover all of its losses incurred after Lehman’s bankruptcy one year ago.
Investors were desperately seeking direction on Thursday as they weighed better than expected economic data against disappointing sales numbers from Oracle and FedEx.
Stocks got a quick pop Thursday from the Philadelphia Federal Reserve report on regional manufacturing but turned negative as General Electric dragged on the Dow.
Stocks got a quick pop Thursday from the Philadelphia Federal Reserve report on regional manufacturing but the gains began to fade as weakness nagged at the market. United Technologies, Bank of America and General Electric led the Dow.
Rising stock prices are acting as a powerful magnet, prying loose fresh cash and drawing it into a market that's 58 percent above its March lows.
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Stocks hit fresh 2009 highs on Wednesday in a broad-based rally triggered by positive economic data.
Stocks rallied for a third day Wednesday, jumping more than 1 percent, as industrial production rose for a second straight month and weakness in the dollar boosted commodity and industrial stocks.
Oracle may not grab the sexy headlines that Apple and Google command, but it might indeed be the tech industry's true, unsung heroes. And the company's first quarter earnings report, out tonight, should go a long way toward reaffirming that.
Stocks continued to rise Wednesday, after major indexes hit new highs for the year on Tuesday. Will the rally continue? Jerry Castellini, president and CIO of CastleArk Management and Bernard Beal, CEO of M.R. Beal & Company shared their market insights.
Adobe, which is best known for its Photoshop, Flash, and Acrobat software, is looking in an entirely new direction with its $1.8 billion acquisition of web analytics company Omniture.