Plunging oil prices spurred hedge funds to cut bullish wagers by the most in six weeks, losing confidence in the willingness of producers to constrict supply. Money managers c ..
IBM will pay $1.5 billion to Globalfoundries in order to shed its costly chip division. IBM Director of Research John E. Kelly III said in an interview Monday that handing ove ..
Shares in German sportswear firm Adidas AG (ADSGn.DE) jumped on Monday after the Wall Street Journal reported that an investor group that includes Jynwel Capital and funds aff ..
Global stocks climbed on Monday, moving further away from eight-month lows hit last week, as strong U.S. The MSCI world equity index , which tracks shares in 45 countries, was ..
Markets in Asia zipped higher after a wild trading week as market participants cheered upbeat U.S. data and corporate earnings. ..
German software maker SAP (SAPG.DE) cut its 2014 operating profit forecast on Monday as customers shifted faster than expected to products delivered over the Internet, delayin ..
Struggling retailer Sears Holdings Corp said it would raise up to $625 million through a rights offering of senior notes due 2019 and warrants to buy shares. Sears Chief Execu ..
(Reuters) - IBM Corp said it would hive off its loss-making semiconductor unit to contract-chipmaker Globalfoundries Inc to focus on cloud computing, mobile and big data analy ..
After the most turbulent market week in years, some strategists are ready to call the all clear. But others say stocks could test the lows of the past week. ..
The recent drop in oil prices could be due to more than just lower demand, according to some analysts, who have suggested that the U.S. could be deliberately manipulating the ..