Billionaire investor Carl Icahn went hostile with his $1.73 billion bid to buy Commercial Metals Co on Tuesday, a day after the metals recycler rejected his buy-out attempt.
Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.
Stocks jumped at the start of what could be the most important week of the year for Wall Street as hopes grew that European leaders will find a solution to the region's debt crisis at a summit on Friday.
Stock indexes pointed to gains of about 1 percent at the open on Monday, building on the previous week's gains, as optimism grew that an upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Stock indexes pointed to gains of about 1 percent at the open on Monday, building on the previous week's gains, as optimism grew that an upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Stock index futures rose on Monday, building on the previous week's strong gains, as optimism grew that the upcoming European Union summit would break new ground to resolve the euro zone debt crisis.
Stock index futures pointed to a higher open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.8-0.9 percent.
Two of Hollywood's leading independent studios, Lionsgate and Summit, have started merger discussions, according to an individual with knowledge of the talks.
Carl Icahn offered to buy Commercial Metals Co (CMC.N) in a $1.73 billion deal that would combine the metals recycler with the billionaire investor's PSC Metals Inc.
Activist investor Carl Icahn reported in a regulatory filing that he sold 2.9 million shares of Motorola Mobility Holdings Inc for $114 million.
Reports Tuesday suggest that rather than auction itself to the likes of Microsoft or Walt Disney or to a private equity investor such as Silver Lake Partners or Providence Equity Partners, Yahoo may try a PIPE.
Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.
Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.
Troubled BlackBerry developer Research in Motion has a major new investor: Omega Advisors, the investment vehicle of activist investor Leon Cooperman, has acquired 1.43 million shares.
Hedge fund manager Daniel Loeb, who took a five percent stake in Yahoo in September, is now demanding co-founder Jerry Yang step down.
Billionaire investor Carl Icahn, looking to turn around his money-losing investment in Oskhosh Corp , nominated a slate of directors for the truck maker's board of directors on Friday.
Activist investor Carl Icahn revealed an increased stake in WebMD Health Corp , a day after the company adopted a shareholder rights plan.
Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.
Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.
Shares of BlackBerry developer Research in Motion fell 1.4 percent Friday after the company again delayed its PlayBook software upgrade to February.
Debt-laden independent power producer Dynegy Inc has been discussing with bondholders a plan to put a subsidiary into bankruptcy after bondholders shunned a $1.25 billion refinancing, sources told Reuters.
Shares of WebMD surged nearly 9 percent after activist investor Carl Icahn reported acquiring an 8 percent stake in the New York-based medical website.