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By Jesse Westbrook, Bloomberg |
May 22, 2013
Hedge funds’ returns have stayed “lackluster” this year, with the $2.3 trillion industry trailing the gains of the Standard & Poor’s 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.
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By Douglas MacMillan, Bloomberg |
May 20, 2013
Yahoo! Inc. is buying blogging network Tumblr Inc. for about $1.1 billion as Chief Executive Officer Marissa Mayer seeks to lure users and advertisers with her priciest acquisition to date.
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By Nina Mehta and Nikolaj Gammeltoft |
May 6, 2013
BOX Options Exchange will be the first to begin trading larger-size contracts on the most-active U.S. equity derivatives product.
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By Inyoung Hwang, Bloomberg |
May 6, 2013
Most U.S. stocks rose, as the Standard & Poor’s 500 Index extended its record level, following data last week that showed American employers added more workers than forecast in April.
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By Brian Womack, Bloomberg |
May 2, 2013
Facebook Inc.’s first-quarter sales topped estimates, a sign that Chief Executive Officer Mark Zuckerberg is making headway in a drive to make more money from mobile ads.
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By Whitney Kisling, Bloomberg |
April 29, 2013
U.S. technology stocks, the second-best industry of the past decade, have fallen to the cheapest levels in at least seven years and are vulnerable to more losses as analysts reduce second-quarter profit estimates.
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By Whitney Kisling, Bloomberg |
April 22, 2013
Google Inc. dropped as much as 3.1% and then reversed most of the tumble within a second in a series of transactions that spurred concern the stock was hit by a computerized-trading error.
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By Lu Wang and Whitney Kisling, Bloomberg |
April 18, 2013
U.S. stocks fell, sending the Standard & Poor’s 500 Index to a six-week low, as earnings from UnitedHealth Group Inc. to EBay Inc. disappointed investors.
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By Adam Ewing, Bloomberg |
April 18, 2013
Nokia Oyj, the Finnish mobile-phone maker seeking a comeback, reported its smallest quarterly revenue in 13 years as handset demand waned, missing analysts’ estimates and sending its stock down as much as 13%.
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By Lorraine Woellert, Craig Torres and Cheyenne Hopkins, Bloomberg |
April 10, 2013
Banks including Citigroup Inc. and Goldman Sachs Group Inc., along with congressional staff members and trade groups, received potentially market-moving Federal Reserve information 19 hours before the public.
