Larry Haverty, Portfolio Manager at Gabelli Funds, says Marissa Mayer's efforts to beef up Yahoo's main business seem to have limited success amid strong competition from Google and Facebook.» Read More
Stocks declined Tuesday as investors juggled a mixed bag of news: Retail sales outside of the hard-hit auto sector showed suprising resilience, while a well-known analyst cut her outlook for big banks. Wal-Mart skidded after the discount giant posted decent results but issued a tepid outlook.
Billionaire investor Carl Icahn is considering launching a proxy fight at Yahoo, according to people who have spoken with Icahn.
For the week ending Friday, May 9, 2008, the U.S. Markets were negative for the week, with the Dow falling more than 200 points on Wednesday, making it the biggest point drop since 4/11/08.
The Dow faded under the weight of crude oil which surged past $125 per barrel Friday. What's the "Word on the Street?"
The relentless upward march of oil prices dominated the business headlines through the week, but there were other developments to inspire the traders, analysts, and fund managers who offered their suggestions to investors on CNBC.
A funny thing has been happening to Google lately. Have you noticed? It's going up! And I'm not talking about the one-day pop it got from those surprisingly good earnings. I'm talking about the day to day creep-up, the steady momentum. The parallels to Apple are pretty striking.
Google's top executives expressed hope that the Internet search leader will be able to form a potentially lucrative advertising partnership with Yahoo -- a deal that would lower the odds of Microsoft renewing its attempts to buy Yahoo.
Both the variety and volume of stock being sought by short sellers this week has increased significantly, says John Tabacco, CEO of Locatestock.com. Lehman and Crox remain among the stocks sought most by short sellers, and solar stocks are in the top 10 on his firm's list.
News Corp. is benefiting from its global diversity and a strong TV business, and it doesn't seem to be hurt by the U.S. economy's downturn. And now, investors are saying the stock is undervalued.
Microsoft has no plans to make another approach for Yahoo after it pulled its $47.5 billion bid earlier this month, Microsoft's Chief Research and Strategy Officer Craig Mundie said on Thursday.
Japanese telecoms and Internet group Softbank posted a worse-than-expected 13 percent fall in quarterly operating profit on Thursday, as its marketing costs ballooned on efforts to win new subscribers.
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As the stock rallies ahead of Thursday’s annual meeting, could it be that Google is actually the big winner in the MicroHoo debacle?
Stocks declined as soaring oil prices triggered concerns about inflation and consumer spending.
News Corp raised its guidance earlier this year, so now the big question facing the company is whether, in the face of an economic slowdown, it'll be able to live up to those higher expectations.
On Monday, the first day of our on-air coverage following the collapse of the Microsoft/Yahoo negotiations, we were rife with speculation about what, if anything, Microsoft might do next. We talked about every possibility: News Corp. and Microsoft blending their online businesses with Microsoft relying heavily on the MySpace property;
Microsoft is gauging Facebook's interest in a possible acquisition after the software giant's failed takeover attempt of Yahoo, the Wall Street Journal reported Wednesday.
Shares in China's top e-commerce firm, Alibaba.com, erased early gains to fall 2 percent on Wednesday as concern over its premium customer growth and the impact of a slowing globaleconomy offset enthusiasm over its forecast-beating quarterly results.
A pair of crucial earnings "beats" capped off a day that defied expectations as the market ended higher despite having every reason to sell off. Find out what happened and how to trade it.
Stocks closed higher as optimism prevailed, even in the face of $122-a-barrel oil. Techs got a boost from speculation that a deal between Microsoft and Yahoo is still possible.