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SAN FRANCISCO— Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job. Although Yahoo's board is still evaluating takeover offers, most investors are betting that the company will decide to sell its well-known brand and an Internet...
Yahoo has shortlisted close to 10 bidders in the auction for its core Internet assets with most offers involving cash.
U.S. stocks closed about 1 percent lower or more Thursday, as fresh declines in Apple weighed on the major averages.
NEW YORK— U.S. stocks took their biggest loss in three weeks on Thursday after a late sell-off. Tech stocks, which rose early on thanks to earnings gains from Facebook and PayPal, slumped after billionaire investor Carl Icahn disclosed that he'd sold his stake in Apple. Investors were surprised the Bank of Japan decided not to take further action to stimulate that...
U.S. stocks closed mixed Wednesday, amid sharp declines in Apple shares on disappointing earnings, as investors eyed the Fed statement.
NEW YORK— U.S. stocks rose Wednesday after the Federal Reserve left its key interest rate unchanged, as investors expected. Energy companies climbed again as the price of oil came close to a six-month high. But David Kelly, chief global strategist JPMorgan Chase, said that might be a problem because the Fed didn't make its intentions clear on Wednesday.
Fullscreen, a mobile-first, digital-video subscription service, is aimed at millennials.
Three key Dow stocks report earnings before the opening bell and could set the pace for Friday’s trading.
Problems for dividend stocks, and a look at yields. Are there troubling signs for stocks?
U.S. stocks closed lower Thursday, with telecoms leading declines amid the latest batch of earnings.
WASHINGTON— It's not just Wall Street banks. The AP's review of federal records, regulatory filings and correspondence showed that almost all the 82 corporations, trade associations and other groups that paid for or sponsored Clinton's speeches have actively sought to sway the government— lobbying, bidding for contracts, commenting on federal policy and in...
The FMHR traders take their positions on seven stocks making news today, including Biogen moving higher after reporting better-than-expected earnings.
U.S. stock index futures pointed to a flat to higher open Thursday, amid more earnings and steadying oil prices, following Wednesday's gains.
NEW YORK— Verizon Communications Inc. on Thursday reported a 2.2 percent rise in its first-quarter profit, matching Wall Street expectations as the company dealt with seasonally low volume. The average estimate of 16 analysts surveyed by Zacks Investment Research had expected earnings of $1.06 per share. Ten analysts surveyed by Zacks expected $32.41...
Verizon reported quarterly earnings that was in line with analysts' expectations on Thursday, but revenue came in a little light.
Here's why tech investor Paul Meeks believes any Yahoo acquirer will regret the move.
Some of the names on the move ahead of the open.
Verizon was set to advance to the second stage of bidding for Yahoo's core assets, as the company went through offers to put together a short list.
Bidders involved said that they expected their offers to change considerably over time, Recode reports.
WHITEFIELD, Maine— Peter Froehlich lives at the end of a mile-long dirt road in a part of Maine where pickup trucks share the right of way with wandering dairy cows. Now Froehlich, 70, worries a new Maine law will eventually allow the telephone company to unplug him from the plain old telephone service he depends on. Maine is the first to end basic phone service...