Salesforce.com will not table a bid for social media giant Twitter.com, the Financial Times reported, sending shares in the latter crashing.
Social media company Twitter fell more than 13% in Monday's premarket trading as it emerged at the weekend that high-profile parties were not interested in tabling bids.
Marc Benioff, chief executive officer of Salesforce.com, has hit out at executives at Microsoft for being "anti-competitive" in its acquisition of social network LinkedIn.
San Francisco startup Krux has agreed to be taken over by Salesforce.com Inc in a deal thought to be worth in the region of $700m, according to a report from the Wall Street Journal.
Walt Disney Co. is reported to be weighing up the possibility of a bid for struggling social media company Twitter, and according to sources from Bloomberg has hired a financial adviser to oversee the process.
US stocks opened lower on Thursday, amid lower volumes and a shorter session due to Christmas Eve - though they were still heading for solid weekly gains.
It seemed US traders couldn't get enough of that black, sticky stuff on Thursday, as oil prices edged higher on Asian and European trade ahead of the bell in New York.
US equities slid on Friday, as unimpressive data out of China weighed on sentiment.
US stock futures slid on Friday, as unimpressive data out of China weighed on sentiment.
US stocks plunged early on Thursday, as investors digested a mixed bag of economic data, while oil prices continued to fall.
US stock futures pointed to a third consecutive day of losses, as investors digested contrasting messages by the Federal Reserve.
US stocks advanced on Thursday, as investors analysed a raft of economic data that showed the US economy continued to move forward, albeit at a subdued pace.
US stocks were largely flat on Thursday, as investors analysed disappointing housing data and a largely uninspiring jobless claims report.
US stock futures pointed to a soft open on Thursday, as investors awaited a raft of economic data.
US stocks were mostly lower on Thursday after disappointing data showed US had slipped into deflation.
US stocks advanced on Thursday, as concerns over weaker growth overseas were overshadowed by data showing improvements in the US economy.
US stocks declined on Thursday, as data showed consumer prices were largely unchanged, while weak data from Europe and China added to the growing concerns over a global slowdown.
Associated British Foods: Exane raises target price from 3600p to 3700p, keeping its outperform rating. Citi reduces target price from 3200p to 3100p, while upgrading to buy.
The Tempus column in The Times says it is "waiting for a clearer picture to emerge" at London Stock Exchange. While Wednesday's first-quarter trading update showed that the exchange operator is operating well, with progress made across its three biggest divisions, "uncertainties remain", the paper said.
Investors should 'buy' shares of Carr's Milling Industries, according to the Questor column in The Telegraph, which believes that the stock is "overlooked and undervalued".