Comcast Corp. (NASDAQ: CMCSA) reported fourth quarter and full-year earnings this morning that both beat analysts’ expectations. For the quarter, Comcast posted EPS of $0.36 on revenue of $9.7 billion, and for the full…
Many reports about the consumption of streaming media delivered by the Internet were released recently. Nielsen data showed a sharp increase in the use of Netflix (NASDAQ: NFLX). The Nielsen report said that Netflix…
Sanofi-Aventis will buy Genzyme (NASDAQ: GENZ) for $20.1 billion. (Reuters) Dell (NASDAQ: DELL) beat earnings targets but investors remained concerned about future prospects amid growing competition. (Reuters) BHP Billiton (NYSE: BHP) has set aside…
Some things never change. When companies can’t get a message across, sometimes they just say the same over and over. This morning came an announcement from Coinstar Inc. (NASDAQ: CSTR) that its Redbox movie…
Deutsche Borse and the New York Stock Exchange are near a merger arrangement, but political issues are still a problem (Reuters) Starbucks (NYSE: SBUX) and Green Mountain are close to a strategic partnership (Reuters)…
EchoStar Corp. (NASDAQ: SATS) has agreed to acquire Hughes Communications Inc. (NASDAQ: HUGH) for about $2 billion, including debt, in a deal that would give EchoStar, which makes set-top boxes and satellites for Dish…
Reuters: A Deutsche Borse deal with the the NYSE (NYSE: NYX) faces regulatory resistance (Reuters) Reuters: Microsoft (NASDAQ: MSFT) and Nokia (NYSE: NOK) will try to create competition for Google’s (NASDAQ: GOOG) Android (Reuters)…
Bernanke warned that sharp budget cuts could derail the recovery. (Reuters) The Hong Kong exchange said it was open to mergers after marriages began between North American and European exchanges. (Reuters) Facebook and Google…
The SEC will try to make market traders less reliant on ratings agencies. (Reuters) GM (NYSE: GM) will set up a profit-sharing plan for workers. (WSJ) S&P warned Japan on its credit rating. (Reuters)…
The Walt Disney Company (NYSE: DIS) is finding some love after The Mouse House managed to beat earnings handily. The entertainment and media giant, and DJIA component, reported earnings for its first quarter of…
Regulators will push to keep Wall St. firms from side stepping regulations on financial firm pay. (Reuters) Toyota Motor’s (NYSE: TM) fiscal third quarter profits fell but it increased it forecast for production during…
Video game retailer GameStop Corp. (NYSE:GME) today authorized a boost of $500 million in its share buyback program, replacing a $300 million authorization made in September 2010, and about half of which remains. The…
Facebook is now worth $50 billion and has become the hottest property on the Internet. The problem is that the site may find it more difficult to generate revenue than many imagine. Despite the…
Another small internet search assistance company is being acquired. Answers.com, (NASDAQ: ANSW) is being taken private by AFCV Holdings, LLC, a portfolio company of growth equity investor Summit Partners. The total cash consideration is…
BP plc (NYSE: BP) may face US charges that it manipulated gas prices. (Reuters) Roche said that regulations in the US could harms its results. (Reuters) Borders Group (NYSE: BGP) may file for bankruptcy…