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Groupon, the social buying site that spurned a $6 billion takeover bid from Google earlier this month, has attracted several big institutional investors as it works to potentially go public in 2011, people briefed on the matter told the New York Times.
Stocks pared gains in the final minutes of trading but still ended at new highs in light trading Wednesday as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to trade at new highs in light trading Wednesday as the closing bell approach despite an absence of fresh economic reports, as investors remained optimistic about the prospects for equities next year. McDonald's and Disney rose, while Alcoa fell.
Stocks continued to reach new highs Wednesday in an absence of economic data as trading volume continued to be light. McDonald's and Chevron rose, while P&G fell.
Here's why you should keep a close eye on these six stocks.
Adam Seessel manages the RiverPark/Gravity Long-Biased Fund, which was launched Oct. 1 at $10 a share and recently traded at $10.29. The fund invests primarily in large-cap companies, but has the ability to short stocks as well. Here are his market outlook and top stock picks. ...A report from TheStreet.
Cantor Fitzgerald's Mike Khouw explains how in Wednesday's "Options Action" segment.
Signs you’re an old fogey: You still watch movies on a VCR, listen to vinyl records and shoot photos on film. And you enjoy using e-mail. The New York Times reports.
Stocks closed narrowly mixed, as technology and bank stocks gained strength and drug stocks fell, amid more evidence of a recovering economy in the U.S. and passage of a bill extending Bush-era tax cuts. American Express fell, while Boeing rose.
Stocks continued to trade mixed despite further evidence of a recovering economy and passage of a bill extending Bush-era tax cuts, as strong earnings by tech leaders nudged the Nasdaq slightly higher. Merck fell, while Boeing rose.
See what's happening, who's talking and what will be making headlines on Thursday's Squawk on the Street.
Normally, the Pit Boss plays offense on momentum trades. but going into next year - he's rooting for the underdogs. Take a look at some of his key themes.
Fourth-quarter earnings per share could be artificially boosted by stock buybacks for the first time since 2007, Howard Silverblatt, senior index analyst at Standard & Poor’s told CNBC.com.
Stocks closed off session highs, yet the Dow still hit its highest level since before Lehman Brothers collapsed as Treasury yields soared in the wake of the Federal Reserve's reaffirmation of its decision to buy bonds to stimulate the economy. AT&T and Kraft rose, while JPMorgan fell.
Stocks trimmed some gains but remained mostly higher Tuesday after the Federal Reserve reaffirmed its decision to buy bonds to stimulate the economy and left short-term interest rates unchanged. Kraft and Microsoft rose, while JPMorgan fell.
Stocks continued to trade higher Tuesday after a handful of mostly strong economic reports, and despite weak earnings from leading electronics retailer Best Buy, as investors await news from the Federal Reserve's meeting this afternoon. Boeing and Cisco rose, while JPMorgan fell.
Stock index futures rose slightly after news that retail sales were stronger than expected in November, and inflation was in line with expectations. Earlier futures had slipped after disappointing news from leading electronics retailer Best Buy dampened enthusiasm for the holiday shopping season.
Yahoo plans to lay off more than 600 employees as soon as Tuesday, CNBC learnt late Monday.
Shares of Google and Apple edged higher in pre-market trading after a federal court judge dismissed a patent lawsuit against the tech giants brought by Microsoft co-founder Paul Allen.
Activist investor Carl Icahn and Lions Gate Vice Chair Michael Burns had harsh words for one another on Tuesday's "Fast Money."