Shareholder Urges Smithfield Breakup Over Buyout
A big shareholder pushes Smithfield Foods to split itself up and offer itself to other bidders, rather than proceed with a takeover by a Chinese firm.
Investing
Sony, Microsoft Face Off; Investors Sour on Lululemon
Here's a rundown of the week's smartest moves and biggest blunders in the business world.
Smith & Wesson Earnings Fire Up; Best Buy Boosts Windows
Shares of Smith & Wesson are expected to shoot higher after the gun-maker reported preliminary earnings that beat expectations, following record sales.
Why Gold Has Lost its Luster with Investors
After rising for 12 consecutive years, gold has entered a bear market having plunged more than 20 percent from its all-time high in 2011.
Ad Revenue Slips at News Corp.; Lululemon Exec Cashes In
Ad revenue for the coming fall season at News Corp.'s Fox Network is forecast drop 10 percent from a year ago, but rivals CBS and NBC expect modest increases.
India's Apollo Bids $2.5B for No. 2 U.S. Tire Maker, Cooper
India's Apollo Tyres agrees to buy U.S.-based Cooper Tire for about $2.5 billion in a deal that would make Apollo the world's seventh-largest tire maker.
Angry Investors Vent at Facebook's First Shareholders Meeting
CEO Mark Zuckerberg faces a series of angry comments at Facebook's first shareholders meeting, as investors lined up to question the company's dismal stock performance.
Bidding War for Sprint; Dole CEO Offers to Buy Company
The race for Sprint continues to heat up, as SoftBank raises its takeover offer to $21.6 billion and tries to fend off a bid from Dish Network.
SoftBank Sweetens Offer for Sprint
Japan-based SoftBank has increased its offer for wireless carrier Sprint, offering $21.6 billion to help counter an unsolicited bid from Dish Network.
Jobs Report Sparks Big Rally; Walmart Holds Its Own Rally
Walmart gave itself a vote of confidence, and the monthly jobs report kicked off a Friday rally on Wall Street. The Dow gained 207 points, its second-biggest advance of 2013.
Sell-Off Has Investors Jittery; Pepsi Rumored Making a Deal
Investors are jittery after Wednesday's big selloff, while Pepsi is rumored to be looking at a big deal.
Has the Fed's Stimulus Created a Stock Market Bubble?
A nervous debate is raging among investors and analysts: Has the Federal Reserve inflated a stock market bubble by driving interest rates to record lows?
Dow Tumbles 216 Points After Big Losses in Overseas Markets
A broad-based selloff on Wall Street followed another bout of heavy selling overseas in trading Wednesday.
Terrific Tuesday: Why the Dow Loves the 2nd Day of the Week
The Dow Jones industrial average has posted gains every Tuesday for the past 20 weeks, making it the longest winning streak for any day of the week since 1900.
GM, AIG Rejoin S&P Indexes; Microsoft to Restructure?
Four years after being bailed out by the federal government, GM and AIG return to the S&P index of large stocks, while Microsoft reportedly is considering restructuring.
Why Regulators May Be Eyeing Your Insurer Like a Bank
Federal regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter government oversight.
Apple Defends Itself Against Conspiracy Charges
Apple defends itself against charges that it conspired to drive up the price of e-books, and Merck reports progress in a drug to treat a deadly form of skin cancer.
Investors Flee SAC Capital as Investigation Ramps Up
As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund.
Bank of America Heads to Court Over $8.5 Billion Settlement
A long-running fight comes to a head when court proceedings begin over an $8.5 billion settlement between Bank of America and investors in soured mortgage securities.
World Markets Fall on Fed Uncertainty, Wall Street Selloff
Concerns about whether the Federal Reserve may scale back its bond-buying program and a sharp drop in U.S. stocks last week unnerved investors worldwide Monday.
Investors Eye May Gains; Rival Luxury Retailers to Merge?
May has been a typically bad month for stocks in recent years, but the Dow is set to post its seventh straight monthly gain.
Dell Shareholders Back Michael Dell's Takeover Offer
The board at Dell said that a takeover bid led the company's founder and CEO is in the best interest of shareholders at the slumping PC maker.
European Unemployment Drags on World Markets
World stock markets slumped Friday after a report showed unemployment hitting an all-time high across the 17 European Union countries that use the euro.
Warren Buffett Snaps Up NV Energy; Costco Earnings Rise
Warren Buffett’s Berkshire Hathaway makes another multi-billion dollar acquisition, buying Nevada-based utility NV Energy for $5.6 billion.
Stocks: Investors Gird for Choppy Session Thursday
U.S. stocks could be choppy Thursday as indexes across Asia tumbled into the red and European markets saw big swings.
Stocks Fall; Dow Average Pulls Back From a Record
Wall Street's passion for high-dividend stocks is fading. The market closed lower Wednesday, led by rich dividend payers like power utilities and makers of consumer staples.
Nasdaq to Pay $10M to Settle Facebook IPO Claims
Nasdaq agrees to pay $10 million to settle civil charges stemming from mistakes made during Facebook's initial public offering last year.
Reviews of 'Arrested Development' Tank Netflix Shares
Mixed reviews of the new episode of "Arrested Development," released Sunday, have sent shares of Netflix -- which has exclusive rights to the resurrected series -- tumbling.
Warren Buffett on the Stock Market -- in 1962
Rare 1960s video of Warren Buffett displays his investing acumen long before Wall Street paid him much mind.
Apple Hints at New Gadgets; Wet Seal Shares Soar
Apple hints it may unveil "several more game changers," while investors embrace shares of retailer Wet Seal.