Accoriding to MarketWatch, Belgian newspaper De Standaard reports that Warren Buffett support a takeover of Anheuser-Busch (BUD) by InBev. According to Reuters, economists think the PPI will rise 1%. Reuters writes that…
It is almost impossible to imagine what the CBS (CBS) management and board were thinking when they bought CNET (CNET) for $11.50 a share or $1.8 billion. CNET has done so poorly…
Disney (NYSE: DIS) certainly did well in the first quarter. Walt Disney himself would have been proud. Revenue at the entertainment company moved up 10% to $8.71 billion. EPS rose 35% to…
Douglas A. McIntyre According to Reuters, Cisco (CSCO) has a good quarter but was cautious about the future. Reuters reports that Sprint (S) and Clearwire (CLWR) will announced a $12 billion project for national broadband…
Disney (DIS) had the kind of quarter that a company based on the fantastic should have. Diluted EPS for the second quarter increased to $0.58, compared to $0.44 in the prior-year quarter.…
Douglas A. McIntyre New comScore data shows that the number of videos viewed online moved up 66% in February compared with the same month last year. US internet users viewed over 10 billion videos for…
Google’s (NASDAQ: GOOG) YouTube continues to gain visitors. It competitors have to be dismayed. According to comScore, YouTube had a 34.3% share of all videos watched in the US during January, an…
A small company called Access Integrated Technologies, Inc. (NASDAQ: AIXD) made an announcement this morning that it received commitments from four major movie studios to provide movies to up to 10,000 digital…
A lot of smaller companies will continue to report earnings over the next several weeks, but almost all of the really big companies which are on calendar fiscals have put out their…
Either media companies live in a world all their own or a recession is not just around the corner. Results from Disney (NYSE: DIS) were especially good. Disney is a good indicator…
According to Reuters, BHP BIlliton (NYSE: BHP) raised its bid for Rio Tinto (NYSE: RTP). Reuters writes that Microsoft (NASD: MSFT) may raise its bid for Yahoo! (NASD: YHOO). Reuters reports that…
The Walt Disney Company (NYSE:DIS) has posted earnings of $0.63 EPS, although excluding gains its EPS increased 29% to $0.63 for the quarter. It also posted $10.452 Billion in quarterly revenues. First…
Douglas A. McIntyre On Tuesday, we’ll get to see earnings out of Walt Disney Co. (NYSE:DIS). The estimates from First Call for the entertainment giant are $0.52 EPS on $10.04 billion in revenues. Estimates for…
Douglas A. McIntyre We are constantly looking for the business angle of current events, and what could be more pressing than the Super Bowl today. More people watch the Super Bowl than watch live coverage…
Below are ten of the top analysts calls that247WallSt.com is looking at this morning: Audible (NASDAQ: ADBL) downgraded to Hold from Buy at Citigroup. Google (NASDAQ: GOOG) downgraded to Hold from Buy…
