Apple dazzled investors with a big earnings beat, another big buyback and a dividend hike that should boost sentiment up and down Wall Street.» Read More
NEW YORK, April 23- A U.S. federal judge denied a bid by Apple Inc on Wednesday to hold off a trial in a case brought by state attorneys general accusing the company of conspiring with five major publishers to fix e-book prices.
WASHINGTON— Commerce Department releases durable goods for March, 8:30 a.m. Eastern time. WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m..
Some of Wednesday's midday movers:
Discussing what the deal between Amazon and HBO means to Netflix, with Michael Pachter, Wedbush Securities managing director of equity research.
Happy Wednesday and welcome to the Morning Six-Pack, where we're always trying to beat analyst estimates and surprise to the upside.
NEW YORK— Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.S. companies. "The market, even with those six days of gains, is still struggling to choose a direction," said Joseph Tanious, a global market strategist with J.P.
The HBO deal is a big win for Amazon, which is competing with Netflix and Hulu for streaming viewers as more people cut the cord on cable services. Time Warner, which owns HBO, has long seen Netflix as a threat to HBO and has steadfastly refused to license even its old shows to the company for streaming.
Tony Soprano is coming to Amazon Fire TV. The dragons from "Game of Thrones," however, are taking their sweet time.
Amazon's Prime instant video has become the exclusive online subscription home for certain HBO shows. The "Squawk on the Street" news team discuss the deal and what it means for Netflix.
Physical stores and the malls that house them are aiming to bring the ease of online shopping to the real world.
April 22- Netflix Inc's planned price hikes will allow the video streaming company to increase spending on original content that will help attract more customers globally, analysts said, as many of them raised their price targets on the stock.
LOS ANGELES, April 21- Video streaming service Netflix Inc said it intends to raise its subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
LOS ANGELES, April 21- Video streaming service Netflix Inc said it intends to raise the monthly subscription price for new customers by $1 or $2 a month to help the company buy more movies and TV shows and improve service for its 48 million global subscribers.
Although estimates on Alibaba's worth vary widely, market analysts agree Alibaba Group's IPO will be a blockbuster—and that's good news for Yahoo.
SAN FRANCISCO— Netflix is preparing a sequel unlikely to be a hit with its subscribers. The company's nearly 36 million current subscribers will continue to pay $8 per month for at least the next year, Netflix CEO Reed Hastings said in a Monday interview.
The S&P 500 should deliver a double-digit return in 2014, fund manager Ed Keon told CNBC. And the low on April 11 has a "pretty good chance" of being the recent bottom, he added.
The amount Amazon reports through a tax-exempt vehicle in Europe has dropped in the past two years, after the IRS tightened rules.
HealthCare.gov warned enrollees that their passwords had been reset to guard against the "Heartbleed" bug.
Ahead of Alibaba's debut, tell us what your market call on the Chinese company is.
About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.