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Analyst Upgrade Again Drives Netflix

Wikimedia Creative Commons, JohnnyMrNinjaNetflix Inc. (NASDAQ: NFLX) had seen an amazing week after analysts helped to push shares up from about $54 to $66 with positive research calls. Now we have shares on the…

Jon C. Ogg · 14 years ago

Court Ruling on IPO Suits Is Good News for Facebook

Facebook Inc. (NASDAQ: FB) will not have to face scores of suits over flaws with its initial public offering. A court has ruled that all of these cases should be put together, which should help the social…

Trey Thoelcke · 14 years ago

Zynga Warns of Losses Ahead

Zynga Inc. (NASDAQ: ZNGA) has gone from hot to cold, and then from cold to frozen. The social gaming company should have maybe stayed private. The company just issued preliminary quarterly projections that are…

Jon C. Ogg · 14 years ago

Is Facebook Really Worth 40% More?

Facebook Inc. (NASDAQ: FB) has now been public for about four and a half months. It has been no secret that the social networking giant had a total failure of an initial public offering.…

Jon C. Ogg · 14 years ago

China’s Ecomonic Slowdown Curbs Macau Gambling Revenue

Macau gambling revenue came in short of expectations. Macau has become the Mecca of gaming firms as activity has slowed, particularly in places like Las Vegas and Atlantic City. Macau’s government said revenue rose…

Trey Thoelcke · 14 years ago

BofA Analyst Positive on Internet and Mobile Trends

Bank of America Merrill Lynch is out with a preview of its third-quarter Internet expectations this morning, and it is raising some price targets on key companies. Bank of America said that large caps are…

Jon C. Ogg · 14 years ago

Will USA Today Buy a Chocolate Factory?

The Washington Post Co. (NYSE: WPO) is once again the envy of the newspaper industry. The last time investors were so bullish about the company is when Wall St. saw the huge profits from the online…

Douglas A. McIntyre · 14 years ago

Netflix Pumped By Value Investing Congress (NFLX, AMZN)

Netflix, Inc. (NASDAQ: NFLX) is seeing its shares tick higher so far on Monday on word that Whitney Tilson of T2 Partners was talking shares up at the Value Investing Congress. What was said…

Jon C. Ogg · 14 years ago

Advertising Spending to Rise in 2013

Advertising research firm ZenithOptimedia forecasts 2013 ad spending will grow by 4.6% in 2013, from an estimated $501.54 billion this year to $524.7 billion. Nearly 30% of the growth will come from the United…

Paul Ausick · 14 years ago

Dish Network Seeks Internet TV Deals

Satellite TV provider Dish Network Corp. (NASDAQ: DISH) is reportedly in talks with Viacom Inc. (NASDAQ: VIAB), Scripps Networks Interactive Inc. (NYSE: SNI) and Univision to offer some of the networks’ cable channels over…

Paul Ausick · 14 years ago

The TV Is Just a Big PC

People would rather watch Internet-delivered content on their TVs than on their PC screens. That makes sense. With larger screens and new display technology, the HDTV offers a better viewing experience at 50 inches…

Douglas A. McIntyre · 14 years ago

Buffett and Berkshire Hathaway Go Deeper into Media General

Media General Inc. (NYSE: MEG) has done well since Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B) (NYSE: BRK-A) invested heavily into the company by purchasing the majority of the news and communication outfits…

Jon C. Ogg · 14 years ago