Reports that Twenty-First Century Fox made an $85 per share offer to acquire Time Warner sent shares of Time Warner soaring Wednesday morning. We might be on the lookout for more offers…
Sony posted another annual loss, for the fiscal year that ended in March, and forecast another for the current year. The Japanese company has more loss-making units than profitable ones.
Some investors love dividends, while others prefer share buybacks to drive the shares higher through time. 24/7 Wall St. recently had a chance to speak with Minyi Chen, who is the portfolio…
In 2013, U.S. movie studios as a group posted gross receipts of $10.92 billion, and the top grossing film of the year was "Iron Man 3" from Walt Disney's Buena Vista studios…
In a new research report, analysts at J.P. Morgan lay down a bet that the American consumer is not dead. Here are seven large cap consumer stocks to buy recommended by J.P.…
courtesy of Sony Corp.Sony Corp. (NYSE: SNE) and Viacom Inc. (NASDAQ: VIAB) have reached a preliminary agreement that would allow Sony to carry Viacom’s cable channels on Sony’s planned Internet TV service.…
courtesy of the Walt Disney Co.Hulu will not be sold. The online video website was put on the market by its owners, 21st-Century Fox, NBCUniversal and Walt Disney Co, (NYSE: DIS). Rumors…
ThinkstockToday’s announced acquisition of Local TV Holdings and its 19 TV stations by The Tribune Company follows a script mapped out earlier this year by other TV station owners like Sinclair Broadcasting…
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…
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…
U.S. equity markets opened lower this morning following a weaker-than-expected employment report from ADP and concern that Friday’s report from the Bureau of Labor Statistics will follow the ADP lead (more coverage…
U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy’s unemployment rate remained…
courtesy of YouTubeVarious sites owned by Google Inc. (NASDAQ: GOOG), including YouTube, drew nearly 154 million unique viewers in March. Facebook Inc. (NASDAQ: FB) clocked in with nearly 64 million unique viewers…
thinkstockIn an effort to boost the amount of time users spend on its website, privately held Twitter is reportedly negotiating with Viacom Inc. (NASDAQ: VIAB) and Comcast Corp. (NASDAQ: CMCSA) for the…
