Cramer: The one cult stock worth owning
This trio of cult stocks gets big headlines, but “Mad Money” host Jim Cramer breaks down which one is a buy.
Salesforce's cloud prowess, high cost pose dilemma for Microsoft
Microsoft is pondering a move after Salesforce was approached by another company as recently as April, said people with knowledge of the matter. Salesforce, with a market value of almost $50 billion, is working with two bankers to determine a response, two of the people said. Microsoft isn’t in talks with Salesforce and no agreement is imminent, the people said. The deal would give Microsoft an additional $6 billion in
Macy's new off-price project, Periscope CEO speaks
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Some unhappy news about Medicare and Social Security
Some seniors need “to give up a little bit,” says a prominent senator who’s likely to run for president.
Bob Iger: Disney doesn't need more of this right now
Bob Iger will not rule out future acquisitions of intellectual property, but said Disney currently has a great hand with Star Wars, Marvel and Pixar.
Investors flee US stocks at financial-crisis levels
In April, U.S. equity mutual funds and ETFs saw their biggest outflows since October 2008. But pro traders say that’s actually a bullish sign.
Freddie Mac to hand $746 mln to U.S. Treasury
Government-controlled mortgage finance firm Freddie Mac on Tuesday said it will cut a check to the U.S. Treasury for $746 million, its smallest dividend to taxpayers since 2009. Freddie Mac reported a first quarter profit of $524 million, up from $227 million in the fourth quarter. The firm, along with competitor Fannie Mae, was bailed out by U.S. taxpayers in 2008 when a housing slump and financial crisis left it
US trade deficit jumps to 6-year high of $51.4 billion
The U.S. trade deficit in March swelled to the highest level in more than six years, propelled by a flood of imports that may have sapped the U.S. economy of any growth in the first quarter. The deficit …
Only Allah knows about oil prices: Saudi oil chief
With speculation rife over how long Saudi Arabia is content to see oil prices slump, the country’s oil minister said only Allah knows about prices.
Disney profit tops views on theme park, consumer products gains
Walt Disney Co. reported second-quarter profit that beat analysts’ estimates, bolstered by improving results at its theme-park and merchandise units in a period that lacked a major movie blockbuster. Earnings …
