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  • NBC Universal, Blackstone Bid for Weather Channel Friday, 30 May 2008 | 4:34 AM ET

    A consortium including NBC Universal and Blackstone Group bidding for the Weather Channel is offering about $1.8 billion in equity for their bid, or roughly half the total offer, a source familiar with the matter said.

  • Comcast Web Unit on Target For Profit Thursday, 29 May 2008 | 11:25 AM ET
    Comcast

    Comcast 's digital unit is on target to turn profitable this year as revenues from search and advertising partnerships with Google and Yahoo exceed expectations, senior executives said.

  • Pops & Drops: Abbott Labs, Starbucks... Friday, 16 May 2008 | 6:47 PM ET

    Following are the week’s biggest winners and losers. Find out why shares of Abbott Labs and Starbucks popped while CBS and Dillard's dropped.

  • For the week ending Friday, May 16, 2008, the U.S. Equity Markets ended the week up with all of the major indices up ~2% or more as stocks gained from M&A news, easing inflation worries, and strong earnings results.  Oil and gasoline continued to hit new record highs as the dollar declined against major currencies.

  • Stocks Rally to the Finish Line; Techs Lead Thursday, 15 May 2008 | 4:38 PM ET

    Stocks rallied for a second day Thursday as traders found cause for optimism and technology stocks blazed the trail.

  • Eye on CBS Thursday, 15 May 2008 | 4:15 PM ET

    CBS is planning to buy CNET for nearly $2 billion. Will the acquisition help right the course at CBS which is down more than 30% in the last nine months?

  • Techs Lead Stocks Higher; Oil Recedes Thursday, 15 May 2008 | 2:42 PM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • CBS Sees CNET As Way To Really "Get" Online Thursday, 15 May 2008 | 1:48 PM ET
    CBS

    CBS Corp CEO Les Moonves is serious about making his company an online powerhouse. Today CBS announced it's buying CNET Networks for $1.8 billion dollars, paying $11.50 a share, a 45 percent premium over yesterday's closing price.

  • Stocks Tick Higher; Yahoo, CNET Jump Thursday, 15 May 2008 | 11:17 AM ET

    Stocks bounced back from a weak open after a better-than-expected report on manufacturing.

  • CBS to Buy Internet Tech Heavyweight CNET Thursday, 15 May 2008 | 7:32 AM ET
    CBS

    CBS said it is buying media firm CNET for $11.50 a share, a move that will make the broadcaster one of the top 10 Internet companies in the United States.

  • CW Network: Will Rich Kids Draw Rich Ratings? Wednesday, 14 May 2008 | 2:02 PM ET
    The CW

    The CW's big hit is without a doubt "Gossip Girl." Talk about buzz. But it hasn't been enough to juice up ratings. But of course the CW is bringing it back on Monday nights followed by "One Tree Hill." An interesting note about "Gossip Girl": afraid that streaming the show has hurt its TV ratings this season it's not being offered online.

  • Mr. Potato Head Update Tuesday, 13 May 2008 | 6:35 PM ET

    Today we received his eyes in the mail!! IT'S GOOD TO BE KING...OF ALL MEDIA Looks like Big Media is not suffering from an economic downturn (except for Time Warner). Steve Wonsiewicz runs Fresearch.

  • Viacom Reaps Benefits From Cable, Video Games Friday, 2 May 2008 | 2:19 PM ET

    Media giant Viacom spacer beat Wall Street expectations with strong profits driven by its cable networks (including MTV) and its "Rock Band" video game franchise. Net income grew 33 percent over last year's quarter (excluding an investment write down) to $270 million, while revenue was up 15 percent in the period to 3.12 billion.

  • America Is OK Tuesday, 29 Apr 2008 | 6:14 PM ET

    Despite recession fears do strong results from MasterCard, Corning, and CBS suggest that consumers are still happily forking over cash?

  • Tech Gains Boost Nasdaq; Airlines Rise Tuesday, 29 Apr 2008 | 5:04 PM ET

    Stocks closed mixed in thin trading Tuesday as the tide turned in technology's favor. Airline stocks rose as oil prices receded. Merck skidded after an FDA rejection.

  • CBS Needs Growth, Not Dividend Boost Tuesday, 29 Apr 2008 | 3:28 PM ET

    Cramer called the media firm a "wasting asset."

  • CBS Earnings: Why They Came Out As Well As They Did Tuesday, 29 Apr 2008 | 1:08 PM ET

    CBS stock has been beaten down over the past year--down some 30 percent. But today the stock is up on the company's better than expected quarterly results. And good news for shareholders, CBS spacer raised its quarterly dividend from 25 cents per share to 27 cents per share.

  • CBS Earnings Beat Forecasts, Raises Dividend Tuesday, 29 Apr 2008 | 8:08 AM ET

    CBS reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent.

  • CBS Earnings Preview: Hoping for Good Reception Monday, 28 Apr 2008 | 1:52 PM ET
    CBS

    Ratings could be better, so could the economy and advertising spending. What is CBS doing to halt the tumble in it stock price? Stay tuned.

  • Week Ahead: Watch the Fed -- And a Lot More Friday, 25 Apr 2008 | 7:16 PM ET

    You may think it's all about the Fed in the week ahead, but other key economic news will keep the markets on edge. Data to watch includes first quarter GDP Wednesday; Friday's jobs report for April; another big rush of corporate earnings reports, including from big oil and media companies. Other economic data: consumer confidence for April, released Tuesday, and the S&P Case Shiller report on housing prices.