Fed Chair Janet Yellen highlights that some sectors, like social media and biotech, are seeing stretched valuations.» Read More
Stocks failed to end higher in volatile trading Thursday, snapping a four-day win streak, ahead of the widely-watched government jobs report. The Dow and S&P 500 hit record intraday highs earlier in the session.
NEW YORK, April 3- U.S. stocks fell on Thursday afternoon, led by a sharp drop in biotech and momentum stocks, including Facebook, Tesla and Netflix.
March 27- Time Warner Cable customers looking to lower their bills would be able to hire "professional negotiators," to squeeze discounts out of the cable provider under a trial service being offered by Yipit, a New York- based daily deals startup.
NEW YORK, March 14- The manager of one of the best performing large-cap growth stock funds over the past five years is a value investor at heart. Dennis Lynch, portfolio manager of the $1.3 billion Morgan Stanley Growth fund, sets out to find what he calls "emerging franchises".
*Baidu will continue aggressive investment strategy in 2014. SAN FRANCISCO/ BEIJING, Feb 27- Chinese Internet company Baidu Inc is poised to make more acquisitions this year to entice smartphone users to tap into its services, a strategy that will put it on a collision course with bigger rivals like Tencent Holdings Ltd..
Baidu finished 2013 with its fastest revenue growth in more than a year and forecast revenue for the first quarter that beat Wall Street targets.
SAN FRANCISCO, Feb 26- Chinese Internet company Baidu Inc finished 2013 with its fastest revenue growth in more than a year and forecast revenue for the first quarter that beat Wall Street targets thanks to strength in its mobile business.
The world of mobile advertising can be a tricky one to crack, yet one emerging Android app believes it has the perfect plan.
Some of Tuesday's midday movers:
Everyone seems to be high on social media mergers and IPOs these days like WhatsApp and Candy Crush. But Michael Yoshikami smells a bubble.
*G Asset Management offers to buy stake in Barnes& Noble or Nook. *Groupon shares drop after company forecasts loss. NEW YORK, Feb 21- U.S. stocks slipped on Friday on options-related trading, with the S&P 500 facing resistance as it flirts with its record high even as economic data continues to underwhelm.
U.S. stocks fluctuated on Friday, with the Nasdaq Composite rising for the week.
*G Asset Management offers to buy Barnes& Noble or Nook stake. *Groupon shares tumble after forecasting loss. NEW YORK, Feb 21- U.S. stocks were little changed on Friday, with the S&P 500 facing resistance as it flirts with its record high, as company news dominated trading amid another soft reading on the economy.
Groupon's CEO brushed off his stock's tailspin Friday and told CNBC that demand reached record levels at his company during the last quarter.
*Priceline and Hewlett-Packard both beat expectations. *Groupon shares tumble after forecasting loss.
Discussing Groupon's efforts in e-commerce, and how the company is holding up amid competition, with BuzzFeed president & COO Jon Steinberg.
Eric Lefkofsky, Groupon CEO, weighs in on the deal between WhatsApp and Facebook, and discusses his company's mobile strategy going forward.
CNBC's Julia Boorstin and Groupon's CEO, Eric Lefkofsky, review his company's earnings outlook and discuss Groupon's focus on mobile migration.
U.S. stock index futures traded higher on Friday ahead of home sales data and speeches from Federal Reserve officials.
Some of the names on the move ahead of the open.