courtesy of AOL, IncComcast 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 a…
courtesy Tiffany & Co.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 the National…
thinkstockGeneral 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 GE’s entire 49% common…
ThinkstockClearwire Corp. (NASDAQ: CLWR) reported fourth-quarter and full-year 2012 results after markets closed today. For the quarter, the wireless carrier posted an adjusted earnings per share (EPS) loss of $0.28 on revenues of $311.24…
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 Japan’s Nikkei closed higher.…
Wikimedia CommonsOne of the worst-kept secrets in the technology world was finally confirmed today. Intel Corp. (NASDAQ: INTC) is building an Internet TV set-top box that it says will launch by the end of…
ThinkstockOnce again investors are faced with the fact that the politicians in Washington D.C. cannot get anything done. With the president’s State of the Union address tonight, the focus turns again to the politics…
Short sellers have had their challenges due to rising share prices since the start of 2013. They have gone on to make some serious changes in the high dividend stocks now that the dividend…
ThinkstockThe Committee on Foreign Investment in the U.S. (CFIUS) has given its approval to the $15.1 billion acquisition of Nexen Inc. (NYSE: NXY) by China’s Cnooc Ltd. (NYSE: CEO). The Canadian government approved the…
ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average components in…
ThinkstockIn its monthly Short-Term Energy Outlook released today, the U.S. Energy Information Administration (EIA) has raised its average price for a barrel of Brent crude from $105 to $109. The forecast price for a…
ThinkstockFacebook Inc. (NASDAQ: FB) has had a very tough time attractive investors since its recent earnings report failed to continue to drive interest. It should be no surprise that the stock cooled off after…
courtesy of AppleApple Inc. (NASDAQ: AAPL) is not yet at the point that it really wants to take David Einhorn too seriously. At a Goldman Sachs investor conference today, CEO Tim Cook called Einhorn’s idea…
Frank Golhen, via Wikimedia CommonsBank of America/Merrill Lynch has its monthly RIC Report out, and the aim is a map ahead, now that shares have surged and the interest in risk assets has surged…
ThinkstockIn its February MarketPulse report, residential property research and services firm CoreLogic Inc. (NYSE: CLGX) identifies the trends it sees in the U.S. economy and in the U.S. real estate market. One important factor…