The US Department of Justice today has approved the $3.9 billion spectrum acquisition by Verizon Communications Inc. (NYSE: VZ) from SpectrumCo LLC, a joint venture of Comcast Corp. (NASDAQ: CMCSA), Time Warner…
Carlyle Group LP (NASDAQ: CG) and China PE funds may take Focus Media Holding Ltd. (NASDAQ: FMCN) private. (Reuters) The company that owns the Empire State Building expects earnings to double in…
Knight Capital Group Inc. (NYSE: KCG) raises $400 million. (CNBC) HTC reports that sales of its smartphones fell 45% year-over-year. (Reuters) The New York State Department of Financial Services apparently is investigating…
The jobs situation may have been weak enough to spur Fed action. (Reuters) As Facebook Inc. (NASDAQ: FB) shares fall, insiders will be able to sell shares. (Reuters) GlaxoSmithKline PLC (NYSE: GSK)…
Comcast Corp. (NASDAQ: CMCSA) reported second-quarter adjusted earnings per share (EPS) of $0.50 and $15.2 billion in revenue before markets opened this morning. The EPS compares to $0.42 in the year-ago period,…
Paul Ausick The three major US stock indexes opened mixed this morning following the unemployment report from the Eurozone, which showed that the 11.2% rate had remained unchanged. The Eurozone consumer price index was…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday morning. Broadsoft Inc. (NASDAQ: BSFT) raised to Buy at Goldman Sachs. CafePress Inc. (NASDAQ:…
Last week was a jam-packed week of earnings reports and this week has many key reports. We have provided earnings previews for 11 companies we expect to follow this week. Estimates are…
The week ahead is going to be a busy week. There are many traditional events to watch, but by now the market participants and investors have learned that they have to pay…
Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do not like Google’s move…
NBC News, a division of Comcast Corp. (NASDAQ: CMCSA), has acquired total ownership of the company’s jointly owned MSNBC.com website from Microsoft Corp. (NASDAQ: MSFT). Microsoft and NBC, formerly owned by General…
The US Department of Justice is delaying the proposed acquisition by Verizon Wireless of wireless broadband spectrum from SpectrumCo. Verizon Wireless is a joint venture of Verizon Communications Inc. (NYSE: VZ) and…
In a ruling that could change the way people watch TV, a New York judge has denied a petition for an injunction against TV-rebroadcasting start-up Aereo, a company partially backed by Barry…
Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue (NASDAQ:…
Some wireless companies oppose the use of their networks as a means to make political contributions. (Reuters) Chinese inflation falls as the nation’s economy cools. (Reuters) The push to put together a European…
