Joe Lacob, managing partner at private equity firm Kleiner Perkins, and Peter Guber, chairman of Mandalay Entertainment, have won the bid for the NBA's Golden State Warriors, a source close to the sale has told CNBC.
Stocks opened higher on Tuesday as investors focused on earnings and shrugged off a downgrade on Portugal. Dan Genter, president, CEO and CIO of RNC Genter Capital Management and Tommy Williams, president of Williams Financial Advisors discussed their market outlooks.
Excluding financials, US companies have racked up $1.7 trillion in cash leaving some investors hungry for their piece of the pie.
Microsoft should look at spinning off its consumer businesses—an $11 billion-a-year, red-ink-stained amalgam—and refocusing on its real core: internal software and the apps that run on it.
Top tech analyst Heather Beillini of ISI reveals her top tech picks!
Stocks ended mixed Friday, with banks rallying after Congress finally settled on a financial-reform bill. For the week, though, stocks lost 2.9 percent, led by energy.
Stocks rebounded Friday, led by financials after lawmakers agreed on an overhaul of regulations. RIM tumbled after the BlackBerry maker's earnings report disappointed.
Stocks shook off a shaky start Friday, pushing higher after a report showed consumer sentiment is at its highest level since January 2008.
Stocks opened higher Friday amid relief after Congress reached a deal on financial-reform legislation.
Persistent fears about the economy, financial regulation, and more sent investors to the sidelines again. What should you be watching, now?
Stocks fell sharply as selling accelerated in the final hour of trading Thursday. Worries about a double-dip recession, financial reform and Greece weighed on the market.
The software giant reported a profit that jumped from a year ago and easily outstripped what Wall Street was expecting, suggesting the recovery in technology spending remains on track as businesses spend on big-ticket items like computer systems.
What follows is a roundup of corporate earnings reports for Thursday, June 24.
Stocks shaved some of its losses in mid-afternoon trading Thursday, but worries about Greece and the financial reform continued to weigh on the market.
With shares down, how should you game RIMM ahead of earnings after the bell Thursday?
Stocks opened lower Thursday after the Fed highlighted the weakness of the recovery in its latest statement. But a pair of better-than-expected economic reports helped curb the losses.
Stock index futures were lower ahead of the opening bell Thursday ahead of key economic data and after the Federal Reserve scaled back its projections for the economic recovery.
The Dow squeaked out a gain Wednesday after the Fed renewed its pledge to keep rates low and offered a statement with no surprises.
Stocks turned sharply lower on Wednesday following reports that showed new home sales hit a record low last month. Art Cashin, director of floor operations at UBS Financial Services, shared his market outlook.
Banking reform will likely overshadow the Fed in the coming week, as Congress edges closer to a new financial regulatory reform bill whose effect on the financial sector remains murky.