A Chinese antitrust probe into Microsoft's Windows web browser and media player is the latest of several government complaints against the firm.» Read More
This past week was all about mergers and acquisitions – friendly, hostile, rumored and failed. For now, Qantas remains a public company and the fate of its chairwoman, Margaret Jackson, remains uncertain.
David Bank, managing director at RBC Capital Markets, told CNBC’s “Squawk Box” that the real money from “Spiderman 3” will be made in DVD sales and toys.
It should surprise no one who watches the ups and downs of Wall Street that a horse named Street Sense would come from way behind to win the Kentucky Derby. The week ahead looks like it will put everyone's street sense to the test as a louder chorus of market watchers use the word "caution" when it comes to buying stocks.
Spider-Man caught just about everyone in his web. The super hero's latest adventure, "Spider-Man 3," smashed box-office records with a $148 million haul in its first three days, according to studio estimates Sunday.
"Spider-Man 3" is breaking records, and it hasn't even opened in the U.S. yet; it premiered in Tokyo in April, and opened in 16 Asian and European countries on Tuesday, bringing in $29 million dollars on its first day alone.Throughout Asia, the film opened bigger than the first and second films in the series; in some countries, it out-grossed the combined opening day of Spidey 1 and 2. And in some countries, the movie broke records for the biggest single-grossing day ever.
Stocks closed higher and the Dow ended at another record high, buoyed by sharp gains in financial and telecom stocks. "With strong earnings and reasonable valuations, you should expect stocks to go higher," said Ed Keon, chief investment strategist at Prudential. "I think the market represents good value."
"Spider-Man 3" smashed box office records across eight Asian markets Tuesday, as the superhero sequel got a head start on the rest of the world, the film's distributor said.
The architect of Sony's PlayStation, Ken Kutaragi, will step down on June 19, at a time when the Japanese company is fighting to reassert its lead in the video game market.
Sony on Thursday said that Ken Kutaragi, inventor of its PlayStation video game consoles, will retire as chairman and group chief executive of Sony Computer Entertainment effective June 19.
Sony will raise about $2.5 billion by listing its financial unit and aims to use the funds to improve its core electronics operations, the Nikkei business daily reported on Thursday.
Hey folks, here are today's trivia questions. The video question is worth $2,000 Bonus Bucks: According to the Alix Partners brand survey, which company was voted the least trusted brand in America? Your selection of answers is: Microsoft or Kraft or Ford or Sony. The news question is worth $1,000 Bonus Bucks: How many vehicles did Toyota sell worldwide in the January-March quarter? Your selection of answers is: 2.348 Million or 4.663 Million or 5.347 Million or 5.139 Million.
The face of Hannibal Lecter was no match for Shia LaBeouf in a box-office battle of murder thrillers.
U.S. sales of video games, devices and accessories rose 33% to $1.1 billion in March, propelled by sales of new video game consoles like the last-generation PlayStation 2 from Sony, market research firm NPD said.
Mobile phone maker Sony Ericsson said Friday that first-quarter earnings more than doubled on strong sales of its Walkman music handsets.
Hewlett-Packard maintained its lead over Dell in the global personal-computer market in the first quarter, market researcher IDC said on Wednesday.
It was 18 years ago today -- April 17, 1989 -- that CNBC went on the air for the very first time. For those of us who were here both then and now, we realize that the world is a very different place. The Dow closed that day at 2337.79 -- roughly 10,000 points below where it is now. Alan Greenspan was less than two years into his Fed chairmanship, and the position hadn’t yet become one of financial celebrity. ... We couldn’t "google" anything because there was no Google...
Tonight, the masters of Wall Street are going face to face with some of the best business school students in the country. Students from Indiana University, Villanova, MIT and USC are bringing their A-game via the webcam.
Stocks closed higher Friday following positive earnings guidance from a handful of big companies, pushing the major indexes up for the week. Bullish quarterly earnings forecasts by both Merck and McDonald's lifted the Dow Jones Industrial Average, which ended up 0.4% for the week. The S&P 500 rose 0.6%, while the Nasdaq climbed 0.8%.
Shares of Sony jumped nearly 5% to a five-year high on Friday after a newspaper said its operating profit would more than sextuple this year on strong sales of flat TVs and thePlayStation 3.
Nintendo raised its sales and profit forecasts for the business year just ended for the fourth time on Thursday, citing robust demand for its DS handheld games.