The conventional wisdom is that old media online content gets trumped every time by new media properties, at least when it comes to ad revenue. This does not have to ... Read Full Story »
In a lawsuit filed late yesterday in New York, Cablevision Systems Corp. (NYSE: CVC) is taking on Viacom Inc. (NASDAQ: VIAB) in a move that challenges the media company’s practice ... Read Full Story »
No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a recent survey conducted ... Read Full Story »
U.S. equity markets opened higher this morning following a closely watched report on U.S. retail sales came in about as expected (more coverage here). U.S. business inventories rose less than ... Read Full Story »
Many times on Wall St., blockbuster deals make analysts at big investment banks nervous. The deal is risky, the debt burden is stifling, the culture at the corporations that are ... Read Full Story »
These are some of this Wednesday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Avon Products Inc. (NYSE: AVP) raised to Neutral at UBS. Banco Bilbao ... Read Full Story »
Comcast Corp. (NASDAQ: CMCSA) will buy the portion of NBCUniversal that it does not already own from General Electric Co. (NYSE: GE) for $16.7 billion. (Reuters) The S&P 500 almost reaches ... Read Full Story »
General Electric Co. (NYSE: GE) is about to be entirely without its former NBCUniversal media unit. After the close came word that Comcast Corp. (NASDAQ: CMCSA) has decided to acquire ... Read Full Story »
U.S. equity markets opened about flat this morning on another day devoid of significant data releases. In Asia, markets in China and Hong Kong remain closed for the holiday, but ... Read Full Story »
A lawsuit filed in 2009 by Dish Network Corp. (NASDAQ: DISH) against sports network ESPN, which is owned by The Walt Disney Co. (NYSE: DIS), goes in front of a ... Read Full Story »
AT&T Inc. (NYSE: T) announced this morning that it is acquiring wireless spectrum in the 700 MHz B band from Verizon Wireless for $1.9 billion. The spectrum covers 42 million ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse. ARM ... Read Full Story »
Netflix Inc. (NASDAQ: NFLX) management said the reason part of its service was out on Christmas Eve was that the technology and hardware owned by Amazon.com Inc. (NASDAQ: AMZN), which powers the video firm's streaming product, were ... Read Full Story »
Best CEO lists can be based on dozens of factors. For public companies, the best metric is usually share price. It is hard for chief executives to be considered very ... Read Full Story »
Hulu, the streaming video company jointly owned by The Walt Disney Co. (NYSE: DIS), Comcast Corp. (NASDAQ: CMCSA) and News Corp. (NASDAQ: NWS), expects revenues of $695 million in 2012, ... Read Full Story »