Reuters: The Senate overcame opposition to allow jobless benefits to be extended. Reuters: China will hope to keep the value of the yuan steady. Reuters: JC Penney (JCP) will focus on exclusive…
Reuters: Honda (NYSE:HMC) expanded its recall by 440,000 as more Toyota (NYSE:TM) models were probed. Reuters: ArcelorMittal sees a slow improvement in steel production in Q1. Reuters: IMF aid for Greece may…
GE (GE) and Comcast (CMCSA) have struck a deal for the cable company to take a controlling share in GE’s entertainment unit–NBCU. Opponents of the transaction claim that it will be anticompetitive…
Google (NASDAQ:GOOG) has had trouble figuring out how it will make money from its huge video sharing website YouTube since it bought the company for $1.65 billion in October 2006. In 2007,…
M&A activity picked up in the second half of 2009 as the market moved up and access to capital for big companies improved. Corporate debt offerings soared and banks began to make…
These are ten of the most important analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. You will probably notice a substantial focus on media-related shares: AOL…
No one would be surprised to see Sumner Redstone, the 86-year-old head of Viacom (NYSE:VIA), and Jeff Bewkes, CEO of Time Warner (NYSE:TWX), wearing disguises to their private meetings in coffee shops around…
CBS (NYSE:CBS) and Sirius XM (NYSE:SIRI) pose the greatest investment risks among media companies based on a forensic measure of their transparency and the statistical reliability of their financial reporting and governance…
CareFusion Corp. (NYSE: CFN) rose over 6% to a yearly hight of $24.34 after reporting first quarter earnings of 39 cents per share, beating analyst estimates. The company also increased its earnings…
Douglas A. McIntyre These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls: American Eagle Outfitters (NYSE: AEO) Raised to Top Picks at FBR Capital; but shares were…
Reuters: Goldman Sachs (NYSE:GS) is having trouble justifying its huge bonuses. Reuters: Bruce Wasserstein, M&A giant and head of Lazard (NYSE:LAZ), died. Reuters: Congress will probe compensation at AIG (NYSE:AIG). Reuters: US…
These are this Friday morning’s top Wall Street analyst upgrades and positive research calls: AK Steel (AKS) Raised to Buy at Deutsche Bank. Bristol-Myers (BMY) Started as Outperform at Wells Fargo. Cree…
One of the leading media investing firms in the US, Gabelli & Co. wants cable outfit Comcast (NASDAQ:CMCSA) to stop its pursuit of GE’s (NYSE:GE) NBCU and turn its focus on better…
Updates throughout the day. Update 2.40 PM EST: Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and…
DVD sales are flagging and rentals are up, news which is likely to be unwelcome at the major movie studios. The Digital Entertainment Group announced that in the first half of this…
