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…
Wednesday is a fairly busy day for earnings expectations. We are expecting the following reports: Abercrombie & Fitch Co. (NYSE: ANF); Agilent Technologies, Inc. (NYSE: A); Blue Nile Inc. (NASDAQ: NILE); Clearwire Corporation…
Earnings season is starting to slow down a bit but we will still have some sector-moving earnings reports from major companies. 24/7 Wall St. has prepared earnings previews for the following companies: Charles River…
In yet another move aimed to boost its position in the streaming video space, Amazon.com (NASDAQ: AMZN) has signed a deal with Viacom Inc. (NASDAQ: VIAB), adding the owner of MTV and…
There is one ETF which many investors have forgotten about (or never wanted to know about)… The PowerShares Dynamic Media (NYSE: PBS) shares aims to track the Dynamic Media Intellidex(SM) Index which…
Glencore and Xstrata are in merger talks. (Reuters) A federal mortgage deal with banks over mortgage fraud would give states enforcement power. (Reuters) Sony (NYSE: SNE) expects a $2.9 billion loss. (Reuters) Long-term…
Many of the companies that have entered the online content business have stumbled. Amazon.com (NASDAQ: AMZN) has a service. So does Walmart (NYSE: WMT). There are already several leaders, including crippled Netflix (NASDAQ:…
Yahoo!’s (NASDAQ: YHOO) earnings were weak, which raised the matter of a business combination with Microsoft (NASDAQ: MSFT) or Aol (NYSE: AOL) again. A more suitable merger would be with a major…
Will AT&T Inc. (NYSE: T) finally make an offer for Dish Network Corp. (NASDAQ: DISH) now that the merger with the T-Mobile USA unit of Deutsche Telekom AG (OTC: DTEGY) has fallen…
The move to online television is growing rapidly and we have some food for thought ahead of a three-day weekend here after reflecting on the data that came out this week. Some will…
When a group including movie studios and streaming video companies released a new streaming format called UltraViolet last October hardly anyone noticed. That’s likely to change now that Amazon.com (NASDAQ: AMZN) has…
Nuance Communications, Inc. (NASDAQ: NUAN) is getting a much less of a reception than you might expect following on news that it is taking its Dragon speech recognition to the television. Most…
In early December, Verizon Wireless, a joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone Group plc (NASDAQ: VOD), paid $3.6 billion for wireless spectrum licenses owned SpectrumCo LLC. That company…
Blackstone (NYSE: BX) will complete the capital raise for its $16 billion fund. (Reuters) The EU agrees to an embargo on Iranian oil. (Reuters) Citing defense cuts, Boeing (NYSE: BA) closes it…
Earlier this month Verizon Wireless, the joint venture between Verizon Communications Inc. (NYSE: VZ) and Vodafone plc (NASDAQ: VOD), paid $3.6 billion for spectrum licenses belonging to SpectrumCo LLC, a joint venture…
