Media Digest (5/3/2012) Reuters, WSJ, FT, Bloomberg
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate…
The major US stock indexes opened lower this morning following dismal reports from Europe on manufacturing (our coverage here) and unemployment (more coverage here). The ADP report on US unemployment provided more…
Internet retailer Amazon.com Inc. (NASDAQ: AMZN) has announced that it plans to expand its offerings of original programming to include comedy shows and kids programming, in addition to its existing 15 shows…
Last week, Apple (NASDAQ: AAPL) announced that it sold 35.1 million iPhones worldwide in the latest quarter. The figure is large, but not extraordinary. Some consumer products and consumer electronics companies sell…
Apple’s (NASDAQ: AAPL) stock occasionally rises above $600 a share and its market cap above $600 billion. Its sales almost certainly will pass $100 billion this year, based on extraordinary revenue growth. The…
AOL Inc. (NYSE: AOL) will soon make advertisers an offer it hopes they can’t refuse. The company will give advertisers the opportunity to buy online advertising using the same model currently used…
Google Inc. (NASDAQ: GOOG) has announced a deal with Paramount Pictures, owned by Viacom Inc. (NASDAQ: VIAB), that will add 500 Paramount titles (including “The Godfather”) to its video rental store on…
Microsoft Corp. (NASDAQ: MSFT) will roll out new applications for its Xbox 360 platform today, including one for the Xfinity video-on-demand platform from Comcast Corp. (NASDAQ: CMCSA), another for HBO Go from…
Not only is Google Inc. (NASDAQ: GOOG) the 600-pound gorilla in the search business, the company’s YouTube streaming video service holds a similar position in the streaming video business. According to the…
US markets opened mixed this morning as there was not a big piece of news to drive investors in any particular direction. The Greek debt swap deal triggered a credit event and…
In an exclusive report, Reuters reveals that Netflix Inc. (NASDAQ: NFLX) CEO Reed Hastings has been meeting with executives of US cable companies seeking a deal that would include Netflix’s streaming video…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX) Started as Outperform at Credit Suisse. Approach Resources…
Richard “Dick” Parsons, former CEO of Time Warner (NYSE: TWX), will leave his post as Chairman of Citigroup (NYSE: C). Many observers believe he stayed far too long. Most of the Citi board…
Add Comcast Corp. (NASDAQ: CMCSA) to the list of challengers to the dominance of Netflix Inc. in the growing market for video streaming. Amazon.com Inc. (NASDAQ: AMZN) is the current owner of…
Video rental and streaming company Netflix Inc. (NASDAQ: NFLX) is reported to be near a deal to produce a second original series in its continuing battle for primacy in the streaming video…