HONG KONG (Reuters) - Alibaba.com Ltd <1688.HK>, Hong Kong-listed unit of China's Alibaba Group <ALIAB.UL>, said on Friday that 83.8 percent of its shareholders have approved a $2.5 billion buyout offer by the parent to take the company private, in a decision that was widely expected.
NEW YORK (Reuters) - Stock index futures fell on Wednesday ahead of a meeting of European leaders and on concerns over Greece's future in the euro zone.
NEW YORK (Reuters) - Stock index futures fell on Wednesday ahead of a meeting of European leaders and on concerns over Greece's future in the euro zone.
NEW YORK (Reuters) - Stocks rose on Tuesday, led by financial and housing shares, after home resales rose in April to their highest annual rate in nearly two years in another sign that the housing market may be on the road to recovery.
It's been a May to forget for a growing number of the financial world's best-known names, including JPMorgan Chase's Jamie Dimon, Nasdaq OMX's Bob Greifeld, Chesapeake Energy's Aubrey McClendon, JC Penney's Ron Johnson, and Yahoo's Scott Thompson. We want to know who you think has had the worst month? Answer our poll and leave some comments.
NEW YORK (Reuters) - Stock index futures edged lower on Tuesday after Japan's sovereign rating was cut by Fitch as a political stalemate dimmed chances the country could curb its snowballing debt.
Monday, 21 May 2012 | Source: The Associated Press
Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
Stocks ended near highs Monday to post their best trading session in May, with the Dow and S&P 500 snapping a six-day losing streak and the Nasdaq posting its best one-day percentage gain this year, as investors snapped up beaten-down stocks.
NEW YORK (Reuters) - Wall Street was set for a higher open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone.
(Reuters) - Yahoo Inc <YHOO.O> shares rose 6 percent in premarket trading after Alibaba Group agreed to buy back up to half of the U.S. company's 40 percent stake in the Chinese Internet giant for $7.1 billion.
NEW YORK (Reuters) - Stock index futures rose on Monday after Wall Street posted its worst weekly loss for the year and on assurances that world powers want debt-laden Greece to remain in the euro zone.
(Reuters) - Data analytics software maker Splunk Inc said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective May 18.
NEW YORK (Reuters) - Stock index futures rose on Monday after Wall Street posted its worst weekly loss for the year and on assurances that world powers want debt-laden Greece to remain in the euro.
US Stock index futures pointed to a rebound on Wall Street on Monday following a sloppy debut by Facebook on Friday that spoiled hopes for a spectacular open for the company that would brighten the mood in what has been a gloomy month for equity markets.
Alibaba.com, Hong Kong-listed unit of China's Alibaba Group, said on Friday that 83.8 percent of its shareholders have approved a $2.5 billion buyout offer by the parent to take the company private, in a decision that was widely expected.... Read More
On Wednesday night Yahoo unveiled Yahoo! Axis, a slick new mobile browser and desktop browser plug-in that lets you view visual search thumbnails of webpages, without leaving the page you're on.... Read More
Successful startup search engine DuckDuckGo is proving to Google, Facebook, and other Internet giants that being a big fat bird on the wire is no longer beautiful.... Read More
Sovereign wealth fund China Investment Corp (CIC) is in advanced talks to buy an up to $2 billion stake in Alibaba Group, sources told Reuters, as the Chinese e-commerce powerhouse looks to secure the last of the funding it needs to buy back part of its stake from Yahoo.... Read More
With two of its most distracting conflicts resolved in the past week and a half, Yahoo Inc hopes its new interim chief executive can focus on the biggest challenge of all: turning the company into an entertainment and information destination that wins back the advertising dollars flowing elsewhere... Read More