The two companies are reportedly in advanced talks for a tie up, but already analysts are chattering about whether the proposal will be met with regulatory resistance.
CEO Jeff Bewkes may finally be serious about selling his media empire.
The S&P 500 and the Dow came off session lows in early afternoon on Friday, but continued to be weighed down by energy and healthcare stocks, while a record-setting rally in Microsoft kept the Nasdaq in positive territory.
Shares of Microsoft Corp. jumped to an all-time high Friday in the wake of a positive earnings report, nearly 17 years after setting its previous high-water mark in the heyday of the dot-com boom.
Wall Street looked set to open slightly lower on Friday, weighed down by GE's disappointing forecast, with losses likely to be limited by strong reports from Microsoft and McDonald's.
The footwear specialist gears disappoints with its fiscal third-quarter results and offers up weak guidance for the current quarter.
McDonald's turnaround gained momentum in the latest quarter as sales growth beat analysts' estimates, sending the company's shares up almost 4 percent in premarket trading on Friday.
Honeywell International issued the downbeat earnings report it had forecast earlier this month, saying an unexpectedly weak September and lackluster performance in the aerospace segment hurt profit.
General Electric reported a 6.7 percent rise in quarterly profit on Friday, helped by strength in its power and renewable energy businesses.
British American Tobacco has offered to buy Reynolds American of the U.S. in a $47 billion deal that would create the world's biggest listed tobacco company.
The toy makers sales and earnings were flat with the year-ago period, but thats quite an accomplishment, since it lost the lucrative Disney Princess and Frozen business in 2016.
Eaton Vance Chief Equity Investment Officer Eddie Perkin on what a Trump victory means for the market and your investment portfolio.
In a story Oct. 19 about Core Laboratories NV's earnings, The Associated Press reported erroneously that earnings per share missed estimates.
U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.
Whoa, give us back our money.
Why AbbVie, Express Scripts, and Jazz Pharmaceuticals could be healthcare bargains right now.
What do a recreational vehicle maker, a paper and pulp multinational, and an old-line asset management company have in common? That's right: They all hiked their payouts last week.
The leading streaming service is back in the triple digits. It has fallen back to close in the double digits nine times this year, but it may not happen again.
Susquehanna initiates coverage of the popular online travel portal with a bullish rating and ambitious price target.
More empty seats and higher labor costs are cutting into profit at American Airlines.