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The Dow ended with modest gains after Lehman Brothers weighed down stocks by announcing its first quarterly loss since being spun off by American Express in 1994. What's the "Word on the Street?"
Carl Icahn Monday fired off another letter savaging the board and management of Yahoo for failing in its growth plan, the latest volley in an escalating proxy battle the billionaire investor has staged at the Internet company.
Stocks were mixed as Wall Street sought to regain its footing following Friday's dramatic oil-inspired selloff.
Microsoft said it will shut down Windows Live Expo, an online classified-advertising site the software giant created to compete with Craigslist.com.
The Dow plunged more than 400 points as the sharpest jump in the unemployment rate in more than 20 years and rocketing oil prices sparked concerns about stagflation. Oil jumped more than $11 a barrel to close at a record $138.54.
Stocks plunged as the sharpest jump in the unemployment rate in more than 20 years and rocketing oil prices sparked concerns about stagflation. Oil jumped more than $11 a barrel to close at a record $138.54.. Chevron was the lone star on the Dow. Nat Semi jumped -- a rare feat on this landslide day -- after the chip maker posted better-than-expected earnings.
Investor Carl Icahn Friday told Yahoo that it should offer to sell the company to Microsoft for $34.375 per share, the latest volley in an acrimonious war of words.
Stocks plunged after the sharpest jump in the unemployment rate in more than 20 years and news that wholesale inventories ballooned. Oil jumped $6 a barrel. Chevron was the lone star on the Dow. Nat Semi jumped -- a rare feat on this landslide day -- after the chip maker posted better-than-expected earnings.
We ran out of time on TV but Guy Adami wants you to know about this stock. In Thursday's Web Extra find out what happened that's making him suspicious.
Yahoo President Susan Decker said Wednesday there are "ongoing, engaged talks" with Microsoft.
Although the Dow closed lower the overall tech sector showed strength on Wednesday. What's the "Word on the Street?
In a "First On Fast" interview Carl Icahn says, "I believe Yahoo is a very strategic and important acquisition for Microsoft and eventually I believe (the deal) will happen...”
Stocks finished mixed as investors juggled some encouraging economic news and concerns about the financial sector. Lehman Brothers rebounded, while bond insurers plunged. Oil dropped below $123 a barrel.
In a "First on Fast" interview Carl Icahn responds Yahoo! during the live show!
Stocks ticked higher amid some encouraging economic data. Lehman Brothers rebounded after a recent slide but financials remained under some pressure ahead of a slew of earnings out of the sector next week. Oil dropped below $123 a barrel.
Stocks opened lower but quickly bounced as investors juggled worries about financials against some upbeat economic news. American Express led Dow gainers. Lehman rebounded, while Bank of America fell. Oil dropped below $123 a barrel.
We're learning from those court documents unsealed in Delaware that Yahoo was working on a way to thwart Microsoft's offers. Forget "poison pills." This was like a bullet to the head.
Billionaire investor Carl Icahn would seek to remove Jerry Yang as chief executive of Yahoo if Icahn succeeded in a proxy battle against the company over its failure to reach a deal with Microsoft, The New York Times reports.