LOS ANGELES - Yahoo shares rallied 6% after the company said it would spin off its remaining holdings in Alibaba into a separate entity.
U.S. stocks tumbled Tuesday after disappointing results at blue-chip companies like Microsoft and Caterpillar sparked concerns about the strong dollar's drag on earnings growth.
"Our customers are demanding video to be delivered across any device," says Randall Stephenson, adding that he plans to use the relationships from DirecTV to strike new deals.
Some 9.5 million Americans have signed up for health insurance for 2015 on Obamacare exchanges, federal officials said Tuesday. The totals so far make it likely the administration will meet its reduced target of 9.1 million enrollments.
Caterpillar Chairman and CEO Doug Oberhelman told CNBC on Tuesday that he's looking for a soft year in 2015. Before the opening bell, the construction and mining equipment giant reported a lower profit that came in well below expectations.