CBS Radio Files for IPO
CBS Radio Inc. filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering. There were no pricing details listed in the filing but the sheer number…
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Detroit’s Two Newspapers Plan To Slash Jobs Before Holidays
Management of The Detroit Free Press, owned by Gannett (NYSE:GCI) and The Detroit News, owned by Digital First Media, will put a number of their editorial workers on the streets, permanently, for the holidays.…
Fake News Topped Real News on Facebook Late in the Election
Bogus news sites had more traffic than legitimate ones late in the election cycle, according to a survey, pointing out how gullible and uneducated many Americans are.
Trump Media Network Still Could Very Well Be a Thing in 2017
ThinkstockSpecial to 24/7 Wall St. From PrivCo 516 days ago, a Queens-born Manhattan real estate developer decided to run for President, and in the process convinced roughly 60 million Americans to exercise a 240-year-old right…
Why Disney Earnings Aren’t Enough
The Walt Disney Co. (NYSE: DIS) reported fiscal fourth-quarter financial results after markets closed on Thursday. Unfortunately, the report this quarter did not live up to expectations and there has been a noticeable lag…
What to Expect From Disney Earnings
Walt Disney is scheduled to release its fiscal fourth-quarter financial results after the markets close on Thursday.
A Twitter Captain Leaves the Titanic
Twitter's Chief Operating Officer Adam Bain was thrown under the bus by flailing CEO Jack Dorsey. Many investors have suggested that it is Dorsey who should leave.
Social Media Short Interest Rises
The October 31 data have been compared with the previous report, and short interest in most of these selected social media stocks increased.
Short Interest in Twitter Soars 25%
Ahead of the firing of Twitter COO Adam Bain and after dismal earnings, the short interest in the social media company soared.
How Analysts View EA After Earnings
Leading video game developer Electronic Arts has benefited from not only the continuing rise in new console sales, but also the rising trend of mobile gaming. The latest earnings report reflected this.
Activision Blizzard Sinks on Missed Guidance
Activision Blizzard, Inc. (NASDAQ: ATVI) released third-quarter financial results after markets closed on Thursday. The company posted $0.49 in earnings per share (EPS) and $1.57 billion in revenue. The consensus estimates from Thomson Reuters…
The Death of TV
In 1992 Bruce Springsteen recorded a song titled "57 Channels (and Nothin' On)." If he were to rewrite the song today, that number might be "570 Channels (and Maybe Somethin' On)."
Facebook Rises on Solid Earnings Win, at Least Initially
Facebook Inc. (NASDAQ: FB) reported its third-quarter financial results after the markets closed on Wednesday. The company had $1.09 in earnings per share (EPS) and $7.01 billion in revenue. Thomson Reuters had consensus estimates…
Dallas Newspaper Publisher Battered by Earnings, Update, Shares Rise 5%
A.H. Belo, owner of the Dallas Morning News, not immune from worry about the overall industry, and it offered disappointing earnings.
What to Expect From Facebook Earnings
Facebook is scheduled to report its third-quarter financial results after the markets close on Wednesday.