Stocks

Exxon mulls Pioneer deal, shares jump

Pioneer Natural Resources shares spiked on rumors Exxon Mobil is closing in on a deal to purchase the company in what could be a $60 billion deal, The Wall Street Journal reported.

Apple shares get rare downgrade

Apple shares may face more headwinds in the coming months according to one Wall Street firm which turned more cautious on the outlook for the world's most valuable company.

GameStop names Ryan Cohen CEO

GameStop is naming billionaire Ryan Cohen as CEO, effective immediately. Cohen is the company's largest investor and replaces Matt Furlong, who was fired in June.

Oil nears $94 per barrel

The price of oil is nearing $94 per barrel after the Energy Information Administration reported a larger-than-expected draw on inventories of over 2.1 million, jolting the crude market.