ThinkstockMedia firm Gannett Company Inc. (NYSE: GCI) this morning signed a definitive merger agreement with TV station owner Belo Corp. (NYSE: BLC) to acquire all the outstanding shares of Belo for $13.75…
U.S. equity markets opened lower this morning following a sell-off in Japan after the country’s central bank made no change either in the key interest rate or in the amount of bond…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 11, 2013. They include Lululemon, Apple and Disney.
thinkstockStreaming video service Hulu is owned by a consortium that includes Walt Disney Co. (NYSE: DIS), News Corp. (NASDAQ: NWSA) and Comcast Corp. (NASDAQ: CMCSA). This is not the first time that…
ThinkstockThe explosive global growth of mobile devices like smartphones and tablets has led to equally explosive growth in demand for mobile bandwidth to feed the ever-hungrier devices. Growth in demand for mobile…
By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Viacom Inc. (NASDAQ: VIAB) said this morning that the two had signed a multiyear, exclusive deal that will offer Viacom programming…
courtesy of Time WarnerThe price point at which Hulu will sell may hit $1 billion. It is not worth that. As a matter of fact, in an extremely crowded video on demand…
ThinkstockSony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish tax loophole helps…
U.S. equity markets opened higher this morning, taking advantage of buying opportunities after yesterday’s slide in equities’ prices. In the U.S., the Thomson Reuters/University of Michigan consumer sentiment index and the Conference…
ThinkstockIn another move to boost subscriptions to its Prime Instant Video service, Amazon.com Inc. (NASDAQ: AMZN) today said that it has signed a licensing agreement with the NBCUniversal division of Comcast Corp.…
courtesy of AOL, IncGartner reports that smartphone sales grew in the first quarter and Samsung continued to gain share. (MarketWatch) The AP says the U.S. Department of Justice took some of the…
courtesy of Facebook Inc.China’s factory output misses expectations on the low side. (Reuters) Posting on Google+ has been low, hurting the chance for Google Inc. (NASDAQ: GOOG) to get ads for the…
courtesy of AOL, IncChina’s trade surplus is better than expected in April. (Reuters) With inflation below Federal Reserve targets, the central bank may have to increase bond buying. (Reuters) Some hedge funds…
courtesy of the Walt Disney Co.The Walt Disney Company (NYSE: DIS) has released its first-quarter earnings report. Earnings rose by 32% to $0.83 per share from $0.63 in the prior-year quarter. Outside…
Jon C. Ogg ThinkstockThe U.S. government accuses China of stealing military secrets. (Reuters) Microsoft Corp. (NASDAQ: MSFT) plans to upgrade Windows 8 to boost sales. (Reuters) New York state will file charges against Bank of…
