WASHINGTON _ Cogent Communications Group Inc. on Wednesday reported a fourth-quarter loss of $352,000, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Analysts expected $97.1 million, according to Zacks.
"net neutrality" rules are expected to regulate for the first time deals in which content companies such as Netflix Inc pay broadband providers to connect with their networks for smooth downloads, according to people familiar with the plan. The new draft is expected to expand the authority of the FCC to previously unregulated traffic exchange deals, known as...
WASHINGTON, Sept 24- Media company Discovery Communications Inc demanded business concessions as a condition for not opposing Comcast Corp's bid for Time Warner Cable Inc, Comcast told U.S. regulators in a filing on Tuesday. "Such extortionate demands are patently improper," Comcast said in a summary of the filing.
Lawmakers expressed concern about combining the top two U.S. cable operators, Comcast and Time Warner Cable, at a congressional hearing.
Comcast's plan to merge with Time Warner Cable is expected to face criticism when U.S. lawmakers meet for a second time to discuss the deal.
Netflix may have to make similar arrangements with other broadband providers to ensure customers get access to its streaming movies and TV shows.
Oct 1- Cogent Communications Group Inc:. *Raymond James cuts Cogent Communications Group to market perform. Reuters Station users, click. 1568.
The telecommunications industry has attracted investors seeking shelter from historically low yields from fixed income investments as well as the uncertainties stemming from Europe's continuing crisis and the volatility its created in U.S. markets, TheStreet.com reports.
A portfolio manager who paid a total of $5.3 billion for two dinners with Warren Buffett has just been hired to help pick stocks at Berkshire Hathaway.
Stocks finished sharply lower Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Home Depot fell, while HP rose.
Stocks continued to selloff Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Intel fell, while H&P rose.
The traders are keeping an ear to the ground in technology amid growing chatter that even more deals are on the way.
Cramer thinks the other Cogent makes for some great speculation.
Banks begin reporting earnings March 10th. Will they issue warnings of further write-downs this week ahead of earnings? Also, your retail trades and options action in Cogent.
Today's contest "stock report" shows a couple of the most actives turned out to be a couple of the worst performers--as FMT and ENTG showed negative results for traders. Meanwhile, earnings and M&A "talks" boosted the best performers into some very good gains. And back to the most actives--here are some new names make the list: ABY, GSS and KGC.
Hey folks. Jeff Mishlove is here after a few days off--with his contest picks for today. It's a good read and we're happy to have him back. Here's Jeff: Last week was amazing. As I reported one week ago, one of my contest portfolios was up over 100% for the week. Actually, by the end of the day on Friday, it was up by over 112% -- far and away more than any other previous weekly winner. But, ironically, it still was not enough to win the weekly prize.
Hey folks. Here's our re-cap of the day. We have the leaderboard, most active and widely held and the trivia questions. Here we go. The video is worth $2,000 Bonus Bucks: General Motor's earnings came in below analyst expectations. What were earnings per share? Your selection of answers is: $0.17 or $0.10 or $0.19 or $0.23.
Here's a look at the stocks making contest "news." Earnings helped the best performers while M&A talks took their toll on the worst performers--as you'll see below. Charter appears on the most widely held list as well as taking its usual spot on the most actives. If there's a lesson here folks--it's earnings--which can boost a stock for big gains--but can also hurt. The guessing "game" as always, is to figure out which way they will go.