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Investors in Yahoo latched onto hopes the company could resume talks with Microsoft, though an executive at the software maker cast doubt about any return to a deal.
Stocks declined as oil surpassed $122 a barrel and Fannie Mae delivered disappointing results.
Yahoo CEO Jerry Yang is in the New York Times talking about his "mixed feelings" over the break down in negotiations with Microsoft; but president Sue Decker sat down for an interview with the Yahoo-owned web cast "TechTicker" on Yahoo Finance, and the interview is illuminating.
Stocks opened lower Tuesday as oil again topped $121 a barrel and Fannie Mae posted a third straight quarterly loss.
Microsoft does not rule out partnerships with other companies but has nothing imminent, Chairman Bill Gates said Tuesday, after the software company pulled a $47.5 billion bid for Yahoo.
Top Chinese e-commerce firm Alibaba.com more than doubled its first-quarter earnings, beating forecasts, on strong demand for online trade and improved profit margins due to successful cost management.
Activist investors have been considering whether to mount a proxy fight to oust the Yahoo board because of frustration over the collapsed Microsoft deal, say people familiar with the situation.
He was too bearish on the stock. Here's how to avoid his mistakes.
What's in store for struggling search giant Yahoo! now that Microsoft has abandoned its bid?
Another record for crude oil dragged down the Dow Monday despite word that the service sector of the economy was no longer contracting in April. Here's the "Word on the Street."
Stocks declined as the market pendelum swung back the other way, sending oil prices to a new high and early cyclicals such as financials and retail lower. Yahoo plunged.
Stocks declined, with General Motors dragging on the Dow amid news of another strike and Yahoo weighing on technology stocks.
Yahoo! shares went tumbling after Microsoft withdrew it's takeover offer. The terminated negotiations eliminate the risk for now of a stronger online advertising competitor to Google...
Barely two hours into trading and Yahoo shares were on the decline in a big way, off about $4.50 a share, or almost 20 percent; while Microsoft shares are on the increase. Both stocks are well off their lows and highs of the morning, however, as investors try to figure out what they'll both do next. If anything. They will do something. But what?
European shares ended lower on Monday, breaking a three-day winning streak, as techs and telecoms weighed and offset the impact of surprisingly strong U.S. service sector figures.
Stocks opened lower Monday as Yahoo weighed on technology shares after Microsoft withdrew its takeover offer.
Yahoo's shares tumbled after Microsoft withdrew its $47.5 billion takeover offer, wiping out about $7.6 billion in market value and piling pressure on its leadership, especially CEO Jerry Wang.
Shares of Yahoo fell 22 percent in premarket trading as hopes for the once dominant search engine dimmed on the withdrawal of a $43.7 billion bid from Microsoft over the weekend.
CNBC's Becky Quick is reporting this morning from Omaha on the Berkshire Hathaway Annual Shareholders meeting over the weekend. In this clip, she shows us an excerpt from her Buffett interview on the exposition floor, asking how much cash Berkshire has on hand. Buffett also comments on how some of the key people involved in the Microsoft-Yahoo fight were brought together in Omaha.
Talk about a nerve-wracking couple of days for Yahoo investors, especially the ones who flooded into the issue on Friday on word that Microsoft was increasing its offer to $33 a share.