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General Electric is selling its remaining 49 percent stake in NBCUniversal to Comcast, with CNBC's Mary Thompson; and Steve Winoker, Sanford Bernstein, weighs in.
The $16.7 billion Comcast is paying General Electric for the remainder of NBCUniversal looks reasonable, says one analyst, but he sees little reason to change his "neutral" rating on the cable company's shares.
CNBC's Julia Boorstin speaks to Michael Lynton, Sony Corp. of America CEO, about the growing number of new music services, and just how much technical devices boosts his business.
The FMHR traders share their take on Merck's warning the company will take a $0.05 per share hit in Q1 due to Venezuelan currency devaluation; and also discuss how to play Apple and Comcast.
Brian Roberts, Chairman & CEO of Comcast, discusses why he is "bullish" on recent business transactions, including buying GE's remaining 49% stake in NBCUniversal for $16.7 billion. "We've seen some early signs of turnaround and payoff for some of the investments we're making," he added. Both Comcast and GE stock were up on the announcement.
Comcast Chairman and CEO Brian Roberts told CNBC on Wednesday that he's "bullish and optimistic" about the prospects for NBCUniversal.
Comcast is up 9 percent on news it will acquire the remaining 49 percent stake in NBCUniversal from General Electric, with Porter Bibb, MediaTech Capital Partners and CNBC's David Faber.
Comcast is purchasing the remaining 49 percent stake of NBCUniversal from General Electric, with Porter Bibb, MediaTech Capital Partners; Dan Holland, Morningstar; and CNBC's David Faber.
Comcast said it will buy the rest of GE's stake in NBCUniversal for approximately $16.7 billion. Comcast shares jumped after-hours.
CNBC's Phil LeBeau reports on the controversy between the New York Times' review of Tesla's Model S.
Tesla CEO Elon Musk says The New York Times' review of its Tesla Model S left out key information about the test drive. Elaine Kwei, Jefferies, provides perspective.
The Madoff bankruptcy trustee Irving Picard is preparing to return another half billion dollars to the victims, for a total of around $5 billion, reports CNBC's Scott Cohn.
Tesla CEO Elon Musk takes issue with a New York Times article about a test drive of one it its electric cars, reports CNBC's Phil LeBeau.
TeleBrands, maker of the Ped Egg, is the dominant player in the “As Seen on TV” sales category, and its products are sold in such retail outlets as Wal-Mart and Target. Here are its 10-biggest success stories.
As much a part of the saucier side of British 20th-century life as cheeky seaside postcards and innuendo-loaded comedies, the topless models in Britain's best-selling daily paper might soon be no more.
Days after launching "House of Cards," Netflix is applying the same approach to children's content. It's teaming with DreamWorks Animation to create the online site's first original series for kids.
In Hong Kong, the tensions between residents and mainland Chinese visitors dominate the headlines of the city's papers, with mainlanders blamed for a shortage of school slots, bad manners in stores and a hypercharged property market. The New York Times reports.
Kate Upton is appearing for the second time in a row and her appeal is even greater in 2013. Some think she has supermodel status already. And when it comes to Upton, the numbers don't lie.
Now we're hearing about cheaper iPhones and some sort of iWatch in the works at Apple, with CNBC's Jon Fortt and Jonathan Rettinger, TechnoBuffalo.
Discussing whether there is a short supply of Microsoft's surface tablet, with CNBC's Jon Fortt and Brent Thill, UBS.
The service has become a major force in holiday retail, helping consumers find products and stores market to the right consumers.
The new "tailored audiences" tool is designed to dramatically improve advertisers' return on investment.
The second film in the popular franchise is well on its way to grossing as much as $170 million.