Comcast abandons its proposed $45 billion merger with Time Warner Cable, saying the deal had been structured in a way that the companies could walk away.
Media reports say Comcast plans to drop its $45.2 billion bid for Time Warner Cable after pushback from government regulators.
The Dow and S&P 500 end lower Tuesday after several tepid earnings reports, while the Nasdaq rose to near its record high on a proposed biotech merger.
Antitrust lawyers at the Justice Department reportedly are nearing a recommendation to block the $45 billion merger of Comcast and Time Warner Cable.
Drug mater Mylan rises after it agrees to buy rival Perrigo, and Ocular Therapeutix falls after disappointing results for inflammation and pain treatment.
Stocks closed out a strong week Friday with a broad rally as investors lauded GE's decision to divest most of its high-risk finance arm and buy back shares.
GE is getting out of the lending business, a major profit generator, as it focuses more on its industrial business and sheds a massive financial unit.
Stocks ended a volatile session up slightly Wednesday after minutes from a March meeting indicated that the Fed remained on track for a rate hike this year.
Royal Dutch Shell agrees to buy British gas producer BG Group $69.7 billion in cash and stock, giving Shell a greater stake in the natural gas market.
Stocks on Wall Street ended slightly lower Tuesday, reversing course late in the session as utility shares fell and offset optimism about deal news.
Warren Buffett's Berkshire Hathaway will pay $560 million for a nearly 10 percent stake in high-flying Axalta Coating Systems, which went public last fall.
Comcast says its proposed merger with Time Warner will bring benefits to all, but all many consumers see is the biggest cable TV provider getting bigger.
Stocks end Tuesday near session lows, in a retreat from Monday's sharp rally, but the S&P 500 and Nasdaq posted their ninth consecutive quarter of gains.
U.S. stocks climbed more than 1 percent Monday, rebounding from a sharp decline last week, helped by deal activity, especially in the health care sector.
Shares of Kraft soared on news of a merger with Heinz, and Sonus fell after a bad quarter. Weight Watchers and Apollo Education Group continued to slide.
Stocks rose modestly Friday and major indexes snapped a four-day losing streak after news of merger talks among chipmakers lifted the technology sector.
Comcast says it expects its $45 billion purchase of Time Warner Cable to take longer because of a long-running regulatory review.
Kraft Foods, maker of Velveeta cheese, will merge with ketchup maker H.J. Heinz Co to form North America's third-largest food and beverage company.
The company that made bats for a who's who of baseball greats announces a deal to sell its Louisville Slugger brand to rival Wilson Sporting Goods.
Mall operator Simon Property boosted its hostile bid for rival Macerich by 5 percent to $16.8 billion and says that will be its best and final offer.
Blackstone agrees to buy the former Sears Tower in a deal that features an observation deck as a tourist attraction and unique revenue stream.
Avon's out of the S&P 500, and it's worried about a strong dollar. Carmike Cinemas has reportedly hired an investment bank to explore a buyout.
Stocks bounced back Monday, helped by a couple of billion-dollar deals, while Apple shares ended slightly higher after unveiling its long-anticipated watch.
What brings stocks down? News about a carcinogen (Lumber Liquidators), a bad quarter (Bazaarvoice) and a decision against a spinoff (Bob Evans Farms).
Nasdaq closes above 5,000 for the first time since the 2000 dot-com bubble, as tech stocks rose on deals. The S&P 500 and Dow ended at record highs Monday.
The S&P 500 and Dow slipped Thursday as energy shares fell with oil prices. The Nasdaq resumed its recent advance after deal news in the technology sector.
Staples' merger with Office Depot, Expedia's purchase of Orbitz and the Dollar Tree-Family Dollar buyout suggest this year will be big for big deals.
A $1.15 billion deal places a venerable firm that makes high-quality, lower-cost cereal in the hands of Post Holdings, a big, but not that big, firm.
Twenty-two community, farm, faith, food and hunger groups protest Post's purchase of Mom Brands, saying the deal is certain to raise cereal prices.