Monday, 7 Jul 2008 | Source: Reuters
A potential deal between
Yahoo and
Time Warner's AOL division is unlikely before Yahoo's annual meeting on Aug. 1, a person familiar with the negotiations said Monday.
Wednesday, 2 Jul 2008 | Source: Reuters
British housebuilder Taylor Wimpey has failed to raise the extra capital it said it would seek just two days ago, citing tough market conditions, sending its shares and those of its rivals plummeting.
Wednesday, 2 Jul 2008 | Source: Reuters
Record-high international oil prices will keep rising until Western countries rein in their demand, Paolo Scaroni, chief executive of Italy's biggest oil and gas company Eni, was quoted as saying on Wednesday.
Tuesday, 1 Jul 2008 | Source: Reuters
American International Group said it paid a $47 million severance package to former Chief Executive Martin Sullivan.
Monday, 30 Jun 2008 | Source: Reuters
The heads of some of the world's biggest oil companies countered on Monday OPEC claims that speculators were driving high oil prices, instead blaming a dearth of new supplies.
Friday, 27 Jun 2008 | Source: Reuters
Beleaguered Swiss bank
UBS is considering the sale of
Paine Webber, the heart of its U.S. wealth management business, according to sources with direct knowledge of the matter.
Wednesday, 25 Jun 2008 | Source: Reuters
U.S. railroad
CSX said results of a Wednesday shareholder vote on a slate of five dissident directors will be announced in July as two activist funds claimed they won at least two seats and cried foul over how the company conducted the balloting.
Wednesday, 25 Jun 2008 | Source: CNBC staff and wire reports
Oracle the world's third-largest software maker, reported a higher quarterly profit, beating Wall Street estimates, but it sees software license revenue growth weakening.
Tuesday, 24 Jun 2008 | Source: Reuters
SABMiller, the world's largest brewer, has held informal discussions with Grupo Modelo and InBev to explore options including a merger of Modelo and SABMiller, according to sources familiar with the situation.
Tuesday, 24 Jun 2008 | Source: CNBC staff and wire reports
Shares of
Yahoo jumped on a report that
Microsoft is back in talks to buy the company, though sources have told CNBC that no deal is in the offing.
Friday, 20 Jun 2008 | Source: Reuters
Shares of
Yahoo fell about 3 percent on Friday as reports of a brain drain raised fresh worries about the future of the Web company after it chose to partner with Google instead of
Microsoft.
Friday, 20 Jun 2008 | Source: Reuters
Anheuser-Busch said Friday that Carlos Fernandez, chairman and chief executive of Mexican brewer Grupo Modelo, has resigned from the U.S. brewer's board of directors.
Thursday, 19 Jun 2008 | Source: Reuters
Microsoft sought on Friday to enlist support for its opposition to a new advertising collaboration deal between Google and Yahoo, two sources familiar with the matter told Reuters.
Thursday, 19 Jun 2008 | Source: CNBC.com
Real estate giants gathered in New York City on Thursday for the Bank of America Homebuilder Conference. CNBC has the highlights from the conference.
Thursday, 19 Jun 2008 | Source: CNBC.com
Citigroup could take substantial write-downs for subprime mortgages, leveraged buyout loans and other assets in the second quarter, the company's chief financial officer said on a call with investors.