Silicon Valley is "alive and well," but the level of prosperity depends on the tech sector, Oracle Chairman Jeffrey Henley tells CNBC.» Read More
July 31- Time Warner Cable Inc, the second-largest U.S. cable operator, lost more video subscribers in the second quarter compared with the previous quarter.
July 31- Discovery Communications Inc, which runs channels such as Animal Planet and Investigation Discovery, reported quarterly revenue slightly above analysts' expectations, helped by a jump in advertising sales in its international networks.
Comcast Corp. rose$. 42 or. 8 percent, to $55.41. Walt Disney Co. rose $1.01 or 1.2 percent, to $87.21. Gannett rose$. 15 or. 4 percent, to $33.53.
Comcast Corp. rose$. 08 or. 1 percent, to $55.06. Walt Disney Co. rose$. 51 or. 6 percent, to $86.71. Gannett rose$. 16 or. 5 percent, to $33.54.
Comcast Corp. rose$. 22 or. 4 percent, to $55.21. Walt Disney Co. rose$. 32 or. 4 percent, to $86.52. Gannett rose$. 19 or. 6 percent, to $33.57.
NEW YORK— NBC has picked its Peter Pan: high-flying "Girls" star Allison Williams. NBC recently announced that Oscar winner Christopher Walken will play the villainous pirate Captain Hook.
Netflix has struck a deal with AT&T to ensure smoother streaming for its customers.
NEW YORK— "Extant" is getting a kick-start from CBS to try to improve its ratings less than a month into its run. Starting Wednesday, CBS is moving the drama starring Halle Berry back an hour, to 10 p.m. EDT, so that it follows "Criminal Minds." That was enough to make Nielsen's top 10 for the week, and CBS says "Extant" picks up significant time-shifted viewership.
WASHINGTON/ NEW YORK, July 29- The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
CenturyLink Inc shares were up 8 percent, AT&T Inc was up 3 percent and Verizon Communication Inc rose 2 percent. "Given the IRS approval, we expect other companies may explore the possibility of spinning off their Wireline assets into a similar structure," Jefferies& Co analysts said.
*Pfizer, Merck rise as results beat expectations. NEW YORK, July 29- U.S. stocks rose Tuesday on news about a spinoff in the telecommunications sphere that sent most stocks in the sector soaring and on better-than-expected results from Pfizer and Merck.
Comcast Corp. rose$. 34 or. 6 percent, to $54.73. Walt Disney Co. rose$. 92 or 1.1 percent, to $87.15. Gannett rose$. 45 or 1.4 percent, to $33.66.
2. "Hercules," MGM/ Paramount, $29,800,263, 3,595 locations, $8,289 average, $29,800,263, 1 week. 6. "Sex Tape," Sony, $6,052,050, 3,062 locations, $1,977 average, $26,953,582, 2 weeks. 7. "Transformers: Age of Extinction," Paramount, $4,702,553, 2,476 locations, $1,899 average, $236,455,028, 5 weeks.
Comcast Corp. rose$. 07 or. 1 percent, to $54.46. Walt Disney Co. rose$. 40 or. 5 percent, to $86.63. Time Warner Inc. rose$. 40 or. 5 percent, to $85.39.
Comcast Corp. fell$. 12 or. 2 percent, to $54.27. Walt Disney Co. fell$. 22 or. 3 percent, to $86.01. Gannett rose$. 07 or. 2 percent, to $33.28.
Shares in film making company Europacorp, in which he holds a 44 percent stake or some 12.94 million shares, climbed 7.5 percent to 4.15 euros each, valuing his holding at 53.7 million euros, up by 3.75 million from Friday's stock market close.
LOS ANGELES/ NEW YORK, July 27- "Lucy," starring Scarlett Johansson as a woman with a super-powered brain, collected $44 million to win the domestic box office race, outmuscling "Hercules" which took in $29 million for second place.
LOS ANGELES/ NEW YORK, July 27- "Lucy", starring Scarlett Johansson as a woman with a super-powered brain, collected $44 million to win at domestic box offices outmuscling "Hercules", but both releases helped pump life into a lackluster summer at U.S. and Canadian theaters.
LOS ANGELES— Luc Besson's "Lucy" proved mind can overpower muscle, topping a remake of "Hercules" by director Brett Ratner at the box office on the weekend. The Universal Pictures- released movie starring Scarlett Johansson as an accidental psychokinetic took in $44 million in North American movie theaters over the weekend, according to studio estimates Sunday.
Mark Cuban, who made his fortune as an Internet entrepreneur, tells CNBC "it's not 1999 all over again by a long shot."