Nasdaq OMX announced the results of its annual re-ranking of the Nasdaq 100 index, which will cause a reshuffling of several constituents.» Read More
It looks as if the rivalry between cable and new media is taking a nasty turn.
For the sixth year in a row, The Consumerist is holding its version of "March Madness," bracketing nominated companies and allowing people to vote for "The Worst Company in America."
Despite the upheaval roiling the markets, Wall Street analysts continue to issue upbeat reports about media companies, and even the negative reports don't mention the headlines — they simply don't have the exposure to Japan and the rest of the market instability as many other sectors.
As the markets plummet Netflix is a rare bright spot in a sea of red — the subscription movie service is now trading up more than 7.5 percent. Netflix is bucking the trend thanks to an upgrade from Goldman Sachs, which raised its rating from 'buy' to 'neutral,' and lifted its price target to $300. That's still a good $50 more than where it's trading now.
“Mars Needs Moms” is shaping up as a miss so disastrous that it will send signals to broad swaths of Hollywood, the New York Times reports.
We're in day three of the NFL Lockout and media giants — and Wall Street analysts — are starting to tally the impact of the shutdown. Billions of dollars are at stake. The biggest advertisers spent a total of $3.4 billion on NFL games this past season and NFL games are the linchpin of ad campaigns for everything from beer and cars, to financial services to electronics.
Bob Doll, chief equity strategist at BlackRock, says investors should buy oil stocks amid the unrest in the Middle East.
Comcast is making a big push to expand the Spanish language programming on its video-on-demand platform.
The NFL lost a major piece of leverage in the labor negotiations last night when federal judge David S. Doty ruled that the NFL's extensions with its television partners, that included payments made even during a work stoppage, were not negotiated in good faith.
Magazine giant Hearst is launching a new product designed to simplify consumers' lives and slash companies' shipping costs. It's a free online account management service called 'Manilla' — like a Manilla folder — and Hearst launched a Beta version today.
Oil prices will revert back to “normal levels” once the situation in the Middle East calms down, said Robert Doll, chief equity strategist at BlackRock.
We're set up on the red carpet, which is actually on Hollywood Blvd. And with the threat of rain, the red carpet is covered in white plastic and the giant gold statuettes are covered in giant clear plastic bags.
NBC Sports Group, which includes NBC Sports and Versus, networks now majority owned by Comcast, will announce on Tuesday that it will own the rights to all three legs of horse racing's most famous races for the first time since 2005.
Steven Spielberg, may be the biggest name of Hollywood, but he's been keeping a low profile at the box office, which is all about to change.
With the risk of Netflix missing analysts’ earnings estimates on the horizon, now is a good time for bearish bets against the movie-rental company’s stock, hedge fund Noster Capital said on Thursday.
Investors looking for a pull back are wondering if Tuesday's stock market weakness is the start of a quick sell off, but it may not be.
What follows is a roundup of corporate earnings reports for Wednesday, Feb. 16.
Stocks ended higher, once again hitting multi-year highs as the S&P finished at double its lowest level during the financial crisis. JPMorgan and HP rose, while Verizon fell.
Stocks continued to rise on strong earnings and economic news after the Federal Reserve reported its policy setting committee disagreed over whether the stimulus should continue, but felt making changes in the program would be inappropriate. JPMorgan and HP rose, while Verizon fell.
Stocks significantly pared gains amid word out of Israel that Iranian warships would be going through the Suez Canal. JPMorgan and HP rose, while Verizon fell.