Stocks closed narrowly mixed in a volatile session Tuesday, cutting their losses in the final minutes of trading following reports that the Greek conservative leader will deliver a letter of commitment to lenders on Wednesday.
Third Point will nominate Daniel Loeb, Harry Wilson, Michael Wolf, and Jeff Zucker to Yahoo's board, reports CNBC's David Faber.
Talks between Yahoo and its Asian partners regarding the sale of its Alibaba unit have broken down, CNBC confirmed.
Stocks came off their lows but still logged a weekly decline, with the S&P and Nasdaq snapping a 5-week winning streak, following stalled debt talks in Greece, some disappointing economic reports and after S&P downgraded a handful of Italian banks.
As Apple stock climbed toward $500 per share, one widely followed Internet analyst remained bullish on certain tech stocks.
Hedge funds, coming off their second-worst year in two decades, are on the rebound this year, but they’re still trailing the broader market. Here are some of their top stock picks.
Yahoo Chairman Roy Bostock and three longtime board members are leaving the troubled Internet company.
Stock index futures accelerated their losses Friday after euro zone finance ministers withheld further aid for Greece and demanded more cuts in return for a second bailout.
Cramer makes the call on viewers' favorite stocks.
As online companies such as Akamai and Groupon made news in the past few days, renowned Internet analyst Mark Mahaney looked behind the headlines.
Stocks squeezed out small gains in a thin, choppy session Wednesday, with the Nasdaq hitting multi-year highs, but gains were limited as Greek debt negotiations came to another halt.
Take a look at some of Wednesday morning's early movers:
U.S. stock index futures were slightly higher Wednesday, with investors positioning for a favorable resolution to the Greek sovereign debt crisis.
Yahoo says four board members including its chairman will not seek re-election amid struggles at the company.
Internet giants Google and Facebook removed content from some Indian domain websites on Monday following a court directive warning them of a crackdown "like China" if they did not take steps to protect religious sensibilities.
In light of Google's poor fourth-quarter results earlier this month, and the recent hoopla surrounding the Facebook IPO, some have questioned whether Google is losing the war in social networking.
Is it possible for a woman to have it all - a great career and a fabulous family? Mrs. Moneypenny says your dreams of having it all, may be "severely deluded."
Facebook's planned initial public offering is the talk of the business media these days. I'm sorry to ruin the party, but what happened to Facebook violating a bunch of Yahoo!'s 1,100 patents in social and search?
Facebook could file for its long-awaited initial public offering as early as Wednesday, the Wall Street Journal reported Friday.
Stocks ended near session highs Wednesday, reversing their early declines, as the market cheered news that the Fed will not raise interest rates until at least 2014 in addition to maintaining its highly accommodative stance to support the recovery.