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The Nasdaq dropped more than 2 percent Tuesday and the Dow fell to its lowest levels in a month as warnings from technology companies combined with spiking oil prices to lead stocks lower ...
Bo Vesterdorf, the judge presiding over Microsoft's appeal of the European Union's antitrust decision, has scheduled a meeting for July 27th. ...
Stocks limped to the end of the week on Friday, closing down for a three-day weekend with moderate losses across the board after a weaker-than-expected jobs report and warnings from some bellwether tech companies. ...
Investor worry that the oil supply to the United States could be disrupted heading into the long holiday weekend reverberated on Wall Street Thursday, when stocks went sharply lower. ...
Stock markets reacted favorably after the Federal Open Market Committee boosted interest rates by a quarter point and issued a statement that seemed to indicate gradual future increases were in the offing ...
A surge in consumer confidence helped pushed stocks higher Tuesday as investors were in a buying mood despite tomorrow's looming decision from the Federal Reserve on interest rates. ...
A looming decision on interest rates and earnings warnings from some key U.S. companies weighed on stock markets Monday, drowning out early-day optimism over news that the transfer of power to a sovereign Iraqi government had happened two days ahead of schedule. ...
Oil prices marked their largest one-week price drop in three months after a work stoppage at key Norwegian oil fields was resolved on Friday. ...
Surprisingly weak data on the sales of durable goods last month knocked the Wall Street off its short winning streak and boosted bonds as investors reconsidered the strength of the economic recovery ...
George Samenuk, chairman and CEO of Network Associates, sent an e-mail to all company staff reassuring them that rumors of a Microsoft takeover are not true. ...
Oil prices dropped for the second straight day on news that inventories grew more than expected, while good earnings news helped lift U.S. stocks higher Wednesday ...
The technology and investment banking sectors helped boost stocks Tuesday as optimism about earnings pushed interest rate worries aside, at least for a day. ...
News that Iran had seized British naval vessels and sailors in the Persian Gulf rattled the U.S. stock market Monday, nullifying any positive impact from two major mergers in the banking and real estate sectors. ...
The inflation and oil price fears that helped keep U.S. stocks trading in a narrow zone all week also subdued things on Friday, although all major averages managed to close out the week in the black. ...
Cisco Systems is to acquire the assets of Procket Networks in a cash deal valued at US$89 million. Procket Networks was a start-up that raised US$272 million in venture capital thanks to its development of routers it claimed could offer 30 percent to 65 percent savings over more traditional ones ...
Oil prices headed higher again Thursday after more violence broke out in Iraq. U.S. stocks remained in a muddle as business forecasts and inflation concerns converged ...
On-and-off worries about inflation seemed to be back on Wednesday as stronger-than-expected housing starts -- measuring the number of residential units on which construction is begun each month -- and industrial production levels during May sent the prices of Treasury notes sharply up and left stocks treading water ...
Federal Reserve Chairman Alan Greenspan calmed nerves frayed by inflation and rate-hike worries Tuesday by saying that inflation is "not likely to be a serious concern" in the near future ...
After taking the long weekend to think things over, investors apparently decided that repeated warnings from the Federal Reserve about the prospect for higher interest rates is bad news for stocks ...
Broadcom announced today that it has settled all outstanding patent and antitrust litigation with Microtune. Under the settlement agreement, all outstanding claims in pending litigation between the parties will be dismissed with prejudice. The parties also entered into reciprocal releases covering all asserted and unasserted claims ...
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