Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. (Reuters) A…
Not only is Google Inc. (NASDAQ: GOOG) the 600-pound gorilla in the search business, the company’s YouTube streaming video service holds a similar position in the streaming video business. According to the…
In an exclusive report, Reuters reveals that Netflix Inc. (NASDAQ: NFLX) CEO Reed Hastings has been meeting with executives of US cable companies seeking a deal that would include Netflix’s streaming video…
The Federal Communications Commission (FCC) has sent a letter to Verizon Wireless, a joint venture of Verizon Communications Inc. (NYSE: VZ) and Vodafone plc (NASDAQ: VOD), asking for more additional information related…
The Fed is unlikely to act with bond purchases if February unemployment figures are good. (Reuters) Low inflation in China could drive banks there to ease capital requirements to increase credit access.…
Cable companies and Netflix (NASDAQ: NFLX) have been natural enemies for years. First, its DVD by mail service undercut cable firm VOD to the home. Then, Netflix streaming video over broadband internet…
Comcast Corporation (NASDAQ: CMCSA) is rarely among the most active of option series at the CBOE each day. A low price and low probability option trade was seen today that really stands out. …
Jon C. Ogg The $3.6 billion acquisition by Verizon Wireless of advanced wireless services licenses from SpectrumCo LLC is generating some stiff opposition from Verizon’s competitors. Verizon Wireless, a joint venture between Verizon Communications Inc.…
Comcast (NASDAQ: CMCSA) announced that it will offer a new streaming service to current TV and internet subscribers. The service, called Xfinity Streampix, will have a library of 75,000 television shows and movies.…
President Obama may propose a new corporate tax rate. (Reuters) The U.S. Consumer Financial Protection Bureau will examine overdraft fees. (Reuters) Apple (NASDAQ: AAPL) will hold its annual meeting with the company in…
Add Comcast Corp. (NASDAQ: CMCSA) to the list of challengers to the dominance of Netflix Inc. in the growing market for video streaming. Amazon.com Inc. (NASDAQ: AMZN) is the current owner of…
US stocks opened mixed this morning, with the Nasdaq opening lower than both the DJIA and the S&P 500. The Nasdaq briefly crossed into positive territory this morning, but has traded lower…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Acorda Therapeutics, Inc. (NASDAQ: ACOR) Cut to Neutral at Citigroup. Arcelor Mittal (NYSE: MT) named…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Thursday morning. Altria Group Inc. (NYSE: MO) Started as Hold at…
The three major US stock indexes opened slightly higher this morning, but the DJIA almost immediately turned south and remained in negative territory all session. The Nasdaq composite and S&P 500 turned…
