Shutterfly, Inc. (NASDAQ: SFLY) gets a bash whenever there is news that another player is going to come more into the cloud photo services. Reports that Apple Inc. (NASDAQ: AAPL) is expanding its iCloud services…
New interim CEO of Yahoo! (NASDAQ: YHOO), Ross Levinsohn, needs to make his mark quickly. After firing 2,000 people, his predecessor had plans to move the Internet portal into e-commerce, a business Scott Thompson…
Shutterstock Inc. has just joined the wave of online companies planning to come public via an initial public offering. This company is an online stock photo website that gets its stock photos from photographers,…
Now that Scott Thompson is out as CEO of Yahoo! (NASDAQ: YHOO) and Ross Levinsohn is in as interim chief executive, the newly constituted board needs to keep its new leader. Levinsohn, the most…
Several senior JP Morgan (NYSE: JPM) executives will leave the bank in the wake of its $2 billion trading loss. (Reuters) Yahoo! (NASDAQ: YHOO) ex-CEO Scott Thompson has thyroid cancer. (WSJ) Greece will have elections…
The Walt Disney (NYSE: DIS) super-hero movie “The Avengers” was the top grossing movie at the US box office this weekend. The same was true in many other countries. Estimates are that the film…
Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s industrial production and retail activity…
Lions Gate Entertainment Corp. (NYSE: LGF) may have enjoyed a serious rally tied to The Hunger Games sensation, but the company has just filed to allow securities holders from a private placement in early…
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for March 2012 came in at $854.6 million, down -10.86% compared with March 2011. For the…
By now, it was assumed, Yahoo! (NASDAQ: YHOO) would have a new “change agent” CEO and Tim Armstrong of AOL (NYSE: AOL) would have been forced out of his job because of low ad…
When Verizon Wireless made its initial $3.6 billion offer to acquire wireless spectrum from SpectrumCo LLC, most observers didn’t think the deal would run into any opposition. Which only goes to show that most…
Coalition talks in Greece are unlikely to create a new government, raising the chance Greece could leave the eurozone. (Reuters) GlaxoSmithKline (NYSE: GSK) will launch a takeover of Human Genome Sciences (NASDAQ: HGSI). (Reuters)…
Walt Disney Co. (NYSE: DIS) closed up ahead of earnings on Tuesday and the reaction is following the same trend in the after-hours session. Earnings came in at $0.58 EPS $9.629 billion on a…
The line between mobile wireless carriers and cable and satellite TV providers has been blurring for a couple of years and may be on the way to disappearing entirely before too long. The short…
The GAO says the government could make $15.1 billion on its AIG (NYSE: AIG) bailout investment. (Reuters) Facebook CEO Mark Zuckerberg begins the company’s IPO road show. (Reuters) Comscore says people spent more time…