Ticket sales for movie theaters dropped in 2011 the most in 16 years, according to Hollywood.com. Some of the fall-off is due to a dearth of blockbuster films. But the industry also…
2011 was more or less a wash for stock performance when it was all said and done. There were several great stories and there were many duds. 24/7 Wall St. has compiled…
Netflix, Inc. (NASDAQ: NFLX) went from Wall Street’s darling in 2011 to being Wall Street’s whipping boy. The company’s efforts under Reed Hastings could easily become the classic case study for “How…
Apple’s (NASDAQ: AAPL) new television product could do more to change the industry since the dawn of color TV, if an analyst at Sterne Agee is correct. The research firm said that…
Obama nominates Jeremy Stein and Jerome Powell to take seats at the Federal Reserve. (Reuters) New York Times (NYSE: NYT) sells its regional media group for $143 million. (Reuters) The U.S. Treasury…
Research firm ForeSee released its customer satisfaction ratings for the shopping season — its Holiday E-retail Satisfaction Index. The e-commerce ratings mirror, in most cases, the states of the parent companies’ revenue. Amazon.com…
A number of incredible new products were launched this year. Apple (NASDAQ: AAPL) introduced the iPhone 4S — a phone with voice command — and Boeing’s (NYSE: BA) 787 Dreamliner — a…
Update: The Wall Street Journal reports that Nokia (NYSE: NOK) and Microsoft (NASDAQ: MFST) may also have consider a join bid. The rumors that a company would offer to buy Canadian smartphone pioneer…
Many American companies have done incredibly well this year. A number posted extraordinary financial results in 2011. Others have launched products that revolutionized markets. Of course, many big public corporations also did…
The board of Olympus may resign by late February. (Reuters) China says its annual rate of growth slowed between October and November. (Reuters) Congress pressures the CFTC for stronger regulation after the…
Several media sources say that Verizon (NYSE: VZ) will begin a service that will compete with Netflix (NASDAQ: NFLX) The video rental service is considered competition to cable companies, telecom TV products,…
The Monday following this year’s Thanksgiving, also known as Cyber Monday, was the highest-grossing online shopping day in U.S. history. According to research firm comScore, spending reached $1.25 billion, an increase of…
Strong reports from the Chicago purchasing managers index and pending home sales juiced the equity markets this morning, and the gains held up throughout the day. Part of the bounce is due…
New from ADP that the private sector added 206,000 jobs this month helped push stocks higher. The three major exchanges–DJIA, NASDAQ, and S&P 500 were up nearly 3% Some stock of major…
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. AMR Corporation (NYSE: AMR) Cut to Sell at Citigroup. Cabela’s, Inc. (NYSE:…
