Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.» Read More
Former Tyco International Chief Executive Dennis Kozlowski, who is serving a prison sentence of up to 25 years for looting the conglomerate, told CBS television he is "absolutely not guilty," according to excerpts from an interview to be broadcast Sunday.
After the Amaranth collapse, many agree that hedge funds could use some guidelines. But regulators -- and some investors -- fear strict rules created at the "emotional level." CNBC's Melissa Lee reports from the World Hedge Fund Forum in Connecticut.
Stocks inched their way to a positive close after a sharp reversal in oil eased selling pressure and a late buying spree broke out in internet stocks.
Conglomerate Tyco International said quarterly net income rose 43%, helped by strong results at its fire and security unit.
L. Dennis Kozlowski, the imprisoned former head of Tyco International, has returned to prison after being hospitalized with what appears to be a heart problem.
A former Tyco International executive agreed to pay $450,000 to settle financial reporting and record-keeping charges connected to a fraud case in which Tyco overstated income by more than $500 million, the U.S. Securities and Exchange Commission said on Thursday.