Shares of Office Depot Inc. lose nearly a third of their value after the office supplies retailer warns tough economic times will push second-quarter earnings below its earlier forecast.

Electronic Arts Inc. on Tuesday set a deadline of sorts for its proposed acquisition of Take-Two Interactive Software, which has to date resisted the $2 billion offer on the belief that it undervalues the publisher of the mega-popular “Grand Theft Auto” video game franchise.

Technology stocks close with broad gains, many bellwether issues advanced, but virtualization technology company VMware Inc. lost ground after replacing its chief executive.

Wall Street takes a dim view of a move by EMC Corp. to reassert its authority over its VMware Inc. subsidiary by abruptly replacing that company’s chief executive officer on Tuesday, and shares of both companies slide.

SAN FRANCISCO (MarketWatch) -VMware Inc. shares lost almost a quarter of their value Tuesday after the virtualization technology company stunned investors by replacing CEO and co-founder Diane Greene, following a tumultuous year for one of the tech-sector's hottest public offerings of 2007.

Israeli stocks trade sharply and broadly lower, in line with weakness in Asia and Europe, as all major sector indexes flash red.

Microsoft Corp. says that it would be open to discussing a "major transaction" with Yahoo Inc. if the Web portal installs a new board of directors at its annual meeting next month.

Microsoft and investor Carl Icahn say they've been in discussions about some kind of acquisition involving Yahoo if that company replaces its board of directors, giving a boost to the technology sector.

The headline numbers will probably smell like roses when Indian software major Infosys announces its quarterly results this week, but chances are the figures alone won't tell the whole story.

Israeli stocks fall for a third straight session, flashing brightly red as all of the major and sector indexes -- and particularly those for technology and real estate -- slump.