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ThinkstockThe conventional wisdom is that old media online content gets trumped every time by new media properties, at least when it comes to ad revenue. This does not have to be the case, based on...
ThinkstockIn a lawsuit filed late yesterday in New York, Cablevision Systems Corp. (NYSE: CVC) is taking on Viacom Inc. (NASDAQ: VIAB) in a move that challenges the media company’s practice of...
U.S. equity markets opened slightly higher this morning on better economic news out of Europe and basically good data in the U.S. In Europe, the eurozone trade balance came in better than expected,...
thinkstockThe Buffett buyout of H.J. Heinz Co. (NYSE: HNZ) may usher in a new age of M&A. (Reuters) Large hedge funds sell off shares of Apple Inc. (NASDAQ: AAPL). (Reuters) Apple’s search...
U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth...
courtesy of Time WarnerIf most of Time Inc., the world’s largest and most famous magazine publisher, may be sold, then so can any other pillar of old media. Rumors are that relatively tiny media...
ThinkstockAs Fat Tuesday quickly turns into Ash Wednesday, Lent will take place from Wednesday, February 13 to Saturday, March 30 in 2013. It may not seem like much on the surface, but this puts...
ThinkstockBarclays PLC (NYSE: BCS) will cut 3,700 jobs as the troubled bank restructures. (Reuters) Nokia Corp. (NYSE: NOK) adds to its low-priced Asha line. (Reuters) A judge approves a request by...
U.S. equity markets opened higher this morning following the report that new claims for unemployment benefits had fallen by 37,000 to a level not seen since 2008 (more coverage here). The government...
ThinkstockToday’s announcement from CBS Corp. (NYSE: CBS) that it will convert its outdoor advertising business into a REIT and seek buyers for the foreign properties owned by the company could...
The stock market is up Thursday, with the Dow Jones Industrial Average up 0.47%, the Nasdaq up 0.48% and the S&P 500 up 0.43%. Today’s winners include a shoe company getting purchased and a...
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St. research calls this Thursday: ADTRAN Inc. (NASDAQ: ADTN) cut to Sell at UBS but raised to...
thinkstockCBS Corp. (NYSE: CBS) is getting high marks so far after the company disclosed details of what is nothing short of a total reorganization of the company. Most investors know of CBS by the...
ThinkstockThis week at 24/7 Wall St., we have taken an in-depth look at some of the top picks from the biggest firms on the street. Picks that top their “Conviction” “Focus” or “Key List”...
In response to a request for ideas made last May, Amazon.com Inc. (NASDAQ: AMZN) and its Amazon Studios received more than 2,000 proposals from which it has now culled six to develop pilot programs...