June 25, 2013: U.S. equity markets opened higher this morning after speculation that China’s central bank would not allow the country’s banking system to collapse. In the U.S., data on housing prices…
Jon OggInvestors get to see many analyst upgrades and Buy ratings from Wall Street firms, but they often miss or do not get to here the downgrades. 24/7 Wall St. reviews many…
courtesy of NetflixIn what the company calls a “groundbreaking deal,” Netflix Inc. (NASDAQ: NFLX) announced this morning that it has signed a multiyear deal with DreamWorks Animation SKG Inc. (NASDAQ: DWA) to…
thinkstockToday’s announcement that Gannett Company Inc. (NYSE: GCI) would pay $1.5 billion in cash and assume more than $700 million debt to acquire Belo Corp. (NYSE: BLC) comes about two months after…
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 Tesla MotorsYou already know by now that it is a bull market. Even if you missed out on the rally, the media is a constant reminder that the assessment that…
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…
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 YouTubeYouTube, the video operation of Google Inc. (NASDAQ: GOOG), will enter a field in which it has no business being. It will offer consumers paid channels of premium video content.…
courtesy of YouTubeThe Wall Street Journal reports that the management of Google Inc.’s (NASDAQ: GOOG) giant video site — YouTube — has started to promote its audience size. What management does not say is…
Wikimedia CommonsWall St. was mildly upset that Amazon.com Inc. (NASDAQ: AMZN) did not make more money than hoped for in the first quarter of the year. Add that to slowing sales, and…
Wikimedia CommonsIf several media reports are true, Amazon.com Inc (NASDAQ: AMZN) will release a set-top box through which consumers can stream premier video content. Even with its huge customer base and tremendous…
Earnings season is still in overdrive. Many companies are meeting or just beating earnings expectations, but the bias has been toward coming in light on revenues. We have seen many corporate earnings…
thinkstockHere are today’s five biggest gaining stocks at closing: Superconductor Technologies Inc. (NASDAQ: SCON) is up 134.9% at $5.45. MEMSIC Inc. (NASDAQ: MEMS) is up 50.8% at $4.07. Ceasars Entertainment Corp. (NASDAQ:…
