Hedge fund billionaires Wesley Edens and Marc Lasry have agreed to acquire the NBA’s Milwaukee Bucks for about $550 million.
Google disappointed Wall Street on Wednesday by logging weaker-than-expected first-quarter results as the tech titan missed forecasts on two key search advertising metrics.
IntercontinentalExchange Group reportedly acquired Algo Technologies to speed up software matching buyers and sellers at the New York Stock Exchange.
Mergers and Acquisitions
Shares of SodaStream climbed 11% on a report it's huddling with large soft-drink producers over a minority stake sale.
PNC logged a stronger-than-expected 6.5% rise in first-quarter earnings as the regional lender benefited from declining expenses and lower provisions for credit losses.
Hillary a Boon to Stocks? Some observers believe equities would actually benefit from Hillary Clinton becoming the first female commander-in-chief.
Intel impressed Wall Street by logging a lighter-than-expected 5% dip in first-quarter earnings as rising data center and Internet of things revenue helped offset sluggish PC...
General Electric CEO Jeff Immelt is reportedly considering stepping down before the expiration of his expected 20-year tenure as the conglomerate rethinks CEO term durations.
In a show of confidence about its business prospects, appliance maker Whirlpool announced plans to boost its quarterly dividend by 20% and buy back another $500 million of...
Charles Schwab beat the Street with a 58% leap in fiscal first-quarter earnings as the discount brokerage capitalized on record levels of trading and client assets.