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SAC Insider Trading Probe Takes New Turn
Published May 17, 2013
SAC Capital Advisors reportedly told investors Friday its cooperation with an insider-trading probe is “no longer unconditional.”
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Reports: Yahoo Could Scoop Up Tumblr for $1B
Published May 17, 2013
The Internet giant is reportedly nearing a deal to acquire social blogging site Tumblr for up to $1 billion.
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A Year Later, Facebook’s Rock-Star 'Status' Vanishes
Published May 17, 2013
Twelve months and one incredibly-rocky IPO later, it’s clear Mark Zuckerberg’s social network failed to come close to unrealistic expectations.
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Has Apple Lost its Glow?
Published May 17, 2013
Is Apple rotting in founder Steve Jobs' absence? Almost three-quarters of respondents in a new poll believe the tech giant has lost its innovative edge.
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Report: SEC, Nasdaq Eye Pact Over FB
Published May 17, 2013
U.S. regulators are reportedly on the verge of slapping Nasdaq OMX Group with a $10 million fine over its handling of the botched Facebook IPO.
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Dell 1Q EPS Misses Street Expectations
Published May 16, 2013
The PC maker revealed a deeper-than-expected 79% plunge in first-quarter profits.
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Another Spring Slowdown?
Published May 16, 2013
The latest economic indicators are likely to bolster concerns that the U.S. is in jeopardy of succumbing to another spring slowdown.
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S&P Cuts Berkshire Hathaway Rating to 'AA'
Published May 16, 2013
Citing the company's reliance on its insurance operations for dividend income, the ratings firm cut the conglomerate by one notch.
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Cisco Enjoys Emphatic Post-Earnings Spike
Published May 16, 2013
The tech bellwether's upbeat guidance and earnings beat triggered a double-digit rally.
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Loeb's Third Point Wipes Out Herbalife Stake
Published May 15, 2013
Billionaire hedge fund manager Daniel Loeb confirmed he sold off his entire 8% stake in Herbalife, the controversial nutrition company.

