A federal appeals court today denied the appeal from a group of broadcasters including CBS Corp. (NYSE: CBS), The Walt Disney Co. (NYSE: DIS), which owns the ABC television network, ... Read Full Story »
We’ve been following for some time now the jockeying for position that has been going on in the entertainment industry. The past weekend brought a new offer from Verizon Communications ... Read Full Story »
Valentine’s Day spending is expected to reach $18.6 billion this year. On average, Americans are expected to spend $130.97 this holiday, up only slightly from $126.03 last year, according to ... Read Full Story »
U.S. equity markets opened flat this morning, largely due to a slew of data from Europe that essentially cancelled any good news with an equal dollop of bad. U.S. unemployment ... Read Full Story »
U.S. equity markets opened lower this morning before bouncing into positive territory briefly and then turning south again. As happened yesterday, the focus was on Europe, where Italy’s oldest bank ... Read Full Story »
Intellectual property firm Vringo Inc. (NYSEMKT: VRNG) announced this morning that a wholly owned subsidiary, I/P Engine, had filed a patent infringement lawsuit against Microsoft Corp. (NASDAQ: MSFT) alleging that ... Read Full Story »
After all the Web 2.0 (or 3.0) flops of 2012, it turns out that 2013 may be a very interesting year for the Internet sector. We saw some key developments ... Read Full Story »
The outcry about overpaid CEOs has gone on for years as the financial press combs SEC statements for outlandish pay packages that sometime run into the tens of millions ... Read Full Story »
John Malone’s Liberty Interactive Corp. (NASDAQ: LINTA) this morning announced that it has acquired a controlling interest in TripAdvisor Inc. (NASDAQ: TRIP) in a transaction worth $300 million. Liberty acquired ... Read Full Story »
U.S. equity markets opened essentially flat this morning on a day when not much new data was released. In Europe, unemployment data from Spain was awful, but not as bad ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. Career Education Corp. (NASDAQ: CECO) cut to Market Perform at Wells ... Read Full Story »
U.S. equity markets opened higher this morning after the weekly report on new claims for U.S. unemployment benefits came in lower than expected (more coverage here) and the second estimate ... Read Full Story »
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Altera Corp. (NASDAQ: ALTR) started at Neutral at SunTrust Robinson Humphrey. Analog ... Read Full Story »
A jury in Norfolk, Virginia, today awarded Vringo Inc. (NYSEMKT: VRNG) $30 million in patent infringement suit against Google Inc. (NASDAQ: GOOG) and several other companies. Vringo, originally a mobile ... Read Full Story »
The three major U.S. stock indexes opened higher this morning as the eurozone PMI numbers came in slightly better than expected, but still with a contractionary direction (more coverage here). ... Read Full Story »