Media producer Time Warner Inc. (NYSE: TWX) this morning posted adjusted EPS of $0.79 on $7.07 billion in revenues. Consensus estimates called for EPS of $0.76 on revenues of $6.97 billion. The…
In 1999, about 92% of $13.2 billion in home entertainment spending went to VHS tapes.That percentage fell to zero in 2009. In 2010, spending on DVDs, Blu-Ray discs, and streaming video totaled…
Greeks will vote on planned austerity, which could wreck the chances of a conclusion to the bailout. (Reuters) China’s PMI falls to the lowest level since early 2009. (Reuters) Chemical and defense…
Walmart (NYSE: WMT) will begin to cut hours at some of its 24-hour stores, a sign of flagging traffic as the holiday retail period begins. Walmart has been in the process of…
Updated throughout the day. Amazon.com (NASDAQ: AMZN) may launch the Kindle in China (Reuters) Research In Motion (NASDAQ: RIMM) will set up a surveillance network to track Blackberry messages in India (Reuters)…
Douglas A. McIntyre Markets opened higher this morning on renewed hope for a deal on Europe’s debt debacle. At a meeting of EU leaders, the group approved a 9% capital buffer to go into effect…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and  moves in shares of Amazon.com, Inc. (NASDAQ: AMZN), Clearwire Corporation (NASDAQ: CLWR), First Solar, Inc. (NASDAQ:…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this morning. Albemarle Corporation (NYSE: ALB) Raised to Neutral at BofA/ML. Amazon.com Inc.…
Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
Amazon.com’s (NASDAQ: AMZN) Jeff Bezos has gambled on his company’s long-term prospects before. He did so again last quarter, and it cost his shareholders, at least for a while. Bezos has run…
A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters) IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters) Amazon.com (NASDAQ: AMZN)…
Amazon.com Inc. (NASDAQ: AMZN) has turned in earnings for its third quarter, and we will be paying extra attention to its fourth quarter. The seller of everything online reported earnings of $0.14…
Jon C. Ogg Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading on Tuesday. What makes Amazon so different from many peers in technology, internet and virtual companies is that…
Yahoo! Finance: UPS reports higher profit, affirms outlook WSJ: 3M Profit Slips, Cuts Year View CNNMoney: Netflix stock sinks 35% as subscribers flee http://cnnmon.ie/vMQnaP $NFLX WSJ: Vital Signs: Gasoline Still Pricey Bloomberg:…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
