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ThinkstockThe fate of Hulu and the online media content has been up for grabs and many firms were reportedly interested in buying the asset. The problem is that the bidding was a very long process...
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The Dow Jones Industrial Average may have seen its volatility pick up lately, but we are technically still in a bull market, with gains of 13.7% so far in 2013. Second-quarter performance ended up...
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ThinkstockAfter markets closed on Friday, News Corp. (NASDAQ: NWSA) formally split itself into two pieces: a publishing company still to be called News Corp. and a movie and TV company named...
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U.S. equity markets opened lower this morning adding to yesterday’s carnage following the FOMC announcement yesterday. The widespread belief that sometime this year the Fed will start reducing its...
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These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Thursday, June 20, 2013. They include FedEx, HP, Sprint and Walmart.
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courtesy of NetflixIn what the company calls a “groundbreaking deal,” Netflix Inc. (NASDAQ: NFLX) announced this morning that it has signed a multiyear deal with DreamWorks Animation SKG Inc....
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ThinkstockMedia firm Gannett Company Inc. (NYSE: GCI) this morning signed a definitive merger agreement with TV station owner Belo Corp. (NYSE: BLC) to acquire all the outstanding shares of Belo for...
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U.S. equity markets opened lower this morning following a sell-off in Japan after the country’s central bank made no change either in the key interest rate or in the amount of bond purchases it...
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These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Tuesday, June 11, 2013. They include Lululemon, Apple and Disney.
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thinkstockStreaming video service Hulu is owned by a consortium that includes Walt Disney Co. (NYSE: DIS), News Corp. (NASDAQ: NWSA) and Comcast Corp. (NASDAQ: CMCSA). This is not the first time that...
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ThinkstockThe explosive global growth of mobile devices like smartphones and tablets has led to equally explosive growth in demand for mobile bandwidth to feed the ever-hungrier devices. Growth in...
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By Steve Jurvetson CC-BY-2.0, via Wikimedia CommonsAmazon.com Inc. (NASDAQ: AMZN) and Viacom Inc. (NASDAQ: VIAB) said this morning that the two had signed a multiyear, exclusive deal that will offer...
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courtesy of Time WarnerThe price point at which Hulu will sell may hit $1 billion. It is not worth that. As a matter of fact, in an extremely crowded video on demand market, it may be worth much...
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ThinkstockSony Corp. (NYSE: SNE) cuts forecasts for game console margins for the next several years. (MarketWatch) Sony also cuts targets for smartphones and camera sales. (Reuters) A complex Irish...
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U.S. equity markets opened higher this morning, taking advantage of buying opportunities after yesterday’s slide in equities’ prices. In the U.S., the Thomson Reuters/University of Michigan...
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