CBS, Left For Dead, Rises
The traditional network TV business was supposed to have begun a sharp decline years ago, killed by the Internet and online video. CBS (NYSE: CBS) proved that is hardly true. Its net income doubled…
The traditional network TV business was supposed to have begun a sharp decline years ago, killed by the Internet and online video. CBS (NYSE: CBS) proved that is hardly true. Its net income doubled…
Fitch and Moody’s kept the U.S. rating at Aaa (Reuters) Years of slow growth and aging populations in the West could hasten the rise of BRIC economies (Reuters) Google+ (NASDAQ: GOOG) and the Apple…
Sirius XMSIRIUS XM Radio Inc. (NASDAQ: SIRI) is surging this morning on what many might consider a mixed earnings report. The solid part of the report was a new record of $0.03 EPS versus…
A debt deal agreed to by both parties will be voted on today (Reuters) The debt deal is likely to cause a sharp improvement in stock prices (Reuters) Hackers said they hit a cyber…
Plans for a budget vote by Republicans in the House fell apart (Reuters) Moody’s threatened to downgrade Spain (Reuters) BSkyB will have a $1.6 billion share buyback (Reuters) S&P said the U.S. should cut…
Credit Suisse (NYSE: CS) cut 2,000 jobs as the bank’s results faltered (Reuters) Investors tried to move to safe investments as a default became more likely (Reuters) A new Boehner plan will reduce the…
Many economists believe it is too late for the U.S. to keep its Aaa rating (Reuters) Electronic Arts (NASDAQ: ERTS) posted better-than-expect earnings (Reuters) Analysts are concerned that slow holiday sales of electronics will…
Netflix, Inc. (NASDAQ: NFLX) is one of the top earnings reports for this week. It is unlikely to be a market-mover, but Netflix is perhaps one of the top high-dollar stocks that active traders…
Congress and the White House have made little progress on the debt talks (Reuters) The U.S. has come perilously close to a cut of its debt to Aa (Reuters) Moody’s warned that a Greek…
Microsoft (NASDAQ: MSFT) posted strong results, but Windows revenue may continue to drop as PC sales fade (Reuters) The Justice Department will look into whether the advertising operations of News Corp (NYSE: NWS) hacked…
There has been enough good news about News Corp in the last two days that the stock appears headed back to the level where it traded before the phone hacking scandal caused it to…
Germany and France reached a deal on how to handle the Greek debt crisis (MarketWatch) China’s PMI growth rate slowed to the lowest level since July 2010 (MarketWatch) Apple (NASDAQ: AAPL) may soon top…
Yahoo! (NASDAQ: YHOO) said its revenue fell last quarter to a large extent because of a drop in its display advertising. The trend will spread to other websites with smaller audience size than those…
Apple Inc (NASDAQ: AAPL) reported better than expected earnings and its shares soared (Reuters) Yahoo!’s (NASDAQ: YHOO) revenue fell (Reuters) A settlement of the debate over the U.S. debt pushed crude higher (Reuters) Samsung…
Last week, the long-awaited (by some) US launch of the Spotify streaming music service finally got out of the gate. At the time of the launch, the service was available by invitation only, but…