CNBC's Kate Kelly reports on Starboard's Jeff Smith's approach to corporate activism, and the changes he wants to see at Yahoo.» Read More
Cramer makes the call on viewers' favorite stocks.
2008 will be remembered for many things, but the urge to merge isn't one of them. Over 1,100 deals were cancelled...
Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.
This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.
General Motors Chief Rick Wagoner, Chrysler's Robert Nardelli and before he stepped aside, Yahoo's Jerry Yang -- are just a few CEOs that have spent the past year under siege. As we watch CEOs stagger from the incredibly poor decision-making, it is easy to think that we are the unwitting victims who will endure losses because of their errors.
Following are the day’s biggest winners and losers. Find out why shares of BHP Billiton and Yahoo popped while Electronic Arts and Eastman Kodak dropped.
Murky signs: Markets had rallied Wednesday morning on the belief that an auto industry bailout was all but certain. But some GOP legislators are opposing the White House deal with congressional Democrats. A top analyst sees financials in critical condition until 2010, but a peer says he's been buying bank stocks and socking them away. And a CNBC guest said commodities are going to lead a 50% S&P rally.
A major Yahoo shareholder, Ivory Investment Management, plans to push Yahoo to forge a search deal with Microsoft.
Commodity producer Rio Tinto up 20 percent pre-open, laying off 14,000 globally, reducing capital expenditures, and revise production expectations for copper, iron ore and aluminum downward.
I have my first photos from the free beer party that skater shoe firm Etnies threw behemoth adidas last night in Portland, Oregon. Etnies decided to bring a little Santa cheer to Portland after hearing that Adidas canceled all holiday festivities this year to save more than $6 million in money.
Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.
Further layoffs on Monday from big market names, including a component of the Dow Jones Industrial Average an American business icon, added to employment gloom.
Blacker Friday? Job losses in November were the worst since 1974, as U.S. employers cut payrolls by 533,000. Mortgage loan delinquencies and foreclosures hit record highs in the third quarter — though one economist likes falling mortgage rates. Merrill Lynch cut its oil forecast, saying a temporary downspike of $25 is even possible. But one analyst praised the oil plunge as the equivalent of a "huge tax cut."
The latest job cuts in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.
Plus, Cramer makes the call on Yahoo! and Freeport-McMoRan.
Following are the day’s biggest winners and losers. Find out why shares of Lockheed Martin and Saks popped while Alcoa dropped.
Trusted sources inside both Microsoft and Yahoo say a multi-billion dollar partnership between the two is not imminent.
Former AOL Chief Executive Jonathan Miller is trying to raise capital for Velocity Interactive Group, an investment firm focused on digital media where he is a partner, and not for buying Yahoo Inc, the New York Post reported.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
Stocks rallied Tuesday as investors scooped up bargains and were encouraged by news that General Electric will keep its dividend intact.