Hedge fund managers bought shares of several of last year's hot IPOs in the fourth quarter, including upscale retailer Michael Kors and online networking site LinkedIn .
Berkshire Hathaway increased its exposure to media companies significantly in the fourth quarter, adding a new position in Liberty Media and substantially raising its stake in DirecTV, according to a regulatory filing on Tuesday.
Talks between Yahoo Inc and China's Alibaba over the U.S. Internet giant's Asian assets have hit an impasse, throwing their plans for a $17 billion tax-free asset swap into question, according to sources briefed on the situation.
Caesars Entertainment Corp stands to benefit from the rise of social media gaming, Chief Executive Gary Loveman said in a speech on Tuesday.
Websites of exchange operators Nasdaq and BATS have been attacked by hackers over the last 24 hours, causing ongoing disruptions for those trying to use the sites, spokespersons for the companies said on Tuesday.
A 2009 memo published by progressive think tank and media watchdog Media Matters for America recently surfaced on the Internet, detailing its strategy to discredit conservative media outlet Fox News.
Britain's top-notch credit rating may survive the threat of a downgrade because economists still believe in London's resolve to erase a huge budget deficit and the central bank's ability to print money.
The precious metals market followed Wall Street's skid today, as gold and companies that peddle it were driven down by underwhelming retail figures in the U.S., and ongoing concerns over Greece and the Eurozone.
Gold dropped on Tuesday as the dollar rallied versus the euro onrenewed fears of credit downgrades in major European economies and uncertainty over Greece's bailout.
Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a sale of the U.S. company's Asian assets, tech blog AllThingsDigital cited sources as saying on Tuesday.
French banks' liabilities with the Bank of France hit a record high of 218 billion euros in December, of which 119.6 billion was used for monetary policy, the central bank said on Tuesday.
Retail sales picked up last month after a sluggish December, providing a firm foundation for the economy's recovery.
Yahoo Inc and its Asian partners, China's Alibaba and Japan's Softbank Corp, have called off talks over a tax-free sale of the U.S. company's Asian assets, a source familiar with the situation told Reuters.
Goldman Sachs is the front-runner in an auction to buy the Colombian coal assets of Brazil's Vale, attempting to achieve strategic port access, while Glencore waits in the wings and rival traders stay away, industry sources familiar with the matter said.
Stocks of financial and basic materials companies led Wall Street lower on Tuesday after rallies by those groups this year, while the retail sector hit a record even as retail sales rose less than expected last month.
Greece's bid for a new bailout got close inspection on Tuesday from euro zone officials poring over the details of Athens' budget to decide whether it has met conditions to get the money.
A U.S. plan to drag out purchases of the F-35 Joint Strike Fighter jet will increase the total cost paid by the United States and international allies, Lockheed Martin said on Tuesday.
India may be the only major nation in the planet that has absolutely no history of state-sponsored anti-Semitism.
The Obama administration's corporate tax reform plan will end dozens and dozens of breaks, Treasury Secretary Timothy Geithner said on Tuesday as he defended the White House's election-year call for higher taxes from wealthy taxpayers.
President Barack Obama said on Tuesday he had seen hopeful signs that Congress would pass a payroll tax cut extension for the full year, as he kept pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
The S&P 500 index retreated on Tuesday from near a seven-month high after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.
President Barack Obama said on Tuesday he had seen some hopeful signs that Congress would pass a payroll tax cut extension for the entire year, as he maintained pressure on lawmakers to take action he said was needed to keep the U.S. recovery on track.
Retail sales rose less than expected in January, hurt by discounting in the auto sector, but a rebound in an underlying measure of sales suggested a solid underpinning for the economy's recovery.
Retail sales rose less than expected in January as consumers cut back on car purchases and did less online shopping.
Retail sales rose less than expected in January as consumers cut back on car purchases and did less online shopping.
For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies.
Treasury Secretary Timothy Geithner warned on Tuesday that Europe's debt problems along with the slowdown in other major economies present potential impediments to U.S. growth.
For years, Craig McCann played a prominent role as a top expert witness, his testimony helping to win millions of dollars for investors who sued financial companies.
Italy's three-year borrowing costs hit their lowest since March at an auction on Tuesday, with an overnight sovereign rating cut having little impact as cheap ECB loans continued to support demand and ease its path towards an ambitious refinancing goal.
Wall Street was set for a lower open Tuesday after weaker-than-expected January U.S. retail sales data curbed investors' appetite for risky assets.
