David Poland, Movie City News, provides his take on this summer's winners and losers and why movie studios are watching international sales.» Read More
Time Warner's stock is soaring — now up over 8 percent — on strong fourth quarter results and an upbeat outlook for 2011 that tops Wall Street expectations. Earnings per share grew 22 percent, on eight percent higher revenue, driven by higher advertising, subscriptions and content revenue, especially at its cable networks.
A new stat on copyright infringement released today is shocking: 23.8 percent of all global Internet traffic involves digital theft with BitTorrent accounting for 11.4 percent.
NBC Universal’s chief executive will try to revive the NBC lineup and end the public discord that was often more interesting than the network’s shows, .the New York Times reports.
Many people inside the television industry are astonished that a cable network’s highest-rated host, whose forceful personality and liberal advocacy had lifted MSNBC from irrelevance to competitiveness and profitability, would be ushered out the door with no fanfare, no promoted farewell show and only a perfunctory thanks for his efforts. The New York Times reports.
Immelt has been appointed to the new Council on Jobs and Competitiveness, which replaces the disbanded Paul Volcker Economic Recovery Advisory Board. Immelt was a member of that original board. Now he has a more elevated position in the Obama 2.0, allegedly pro-business, move-to-the-center Clintonesque White House.
Keith Olbermann's exit from MSNBC appeared abrupt to viewers of his show, but the talk-show host and his network were involved "in a relationship that's been failing for a long time," an NBC Universal executive said Saturday.
Stocks closed lower Wednesday following a handful of weak earnings results in the financial sector and strong results from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. Bank of America and AmEx fell, while IBM rose.
Stocks extended losses Wednesday following a handful of weak earnings results in the financial sector and strong reports from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. BofA and AmEx fell, while IBM rose.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Stocks traded mixed Wednesday amid mixed earnings results from Goldman Sachs and Wells Fargo. IBM rose, while AmEx fell.
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Comcast and NBC Universal have received government approval for their joint venture — this afternoon both the Federal Communications Commission and the Department of Justice gave the deal the okay with certain conditions. This clears the way for the deal to close before the end of January.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Stocks traded mixed amid worries over Apple's future as CEO Steve Jobs takes a medical leave of absence, and disappointing earnings results from Citigroup. Boeing and Caterpillar rose, while BofA fell.
“The economy is growing “step-by-step,” Jeff Immelt, chairman and CEO of GE, told CNBC Friday.
CES kicks off today and buzz is already building about the hot new devices and services that will grab the attention of consumers and investors. Some clear themes have already emerged and it's all about new mobile devices, seamless integration of streaming and traditional content, more powerful chips, and persistent 3D.
Yes, it’s time once again to recognize the best tech ideas of the year. Not the best products — sometimes, a Pogie award-winning feature crops up in a product that, over all, is a turkey. No, these awards go to the best ideas in products, clever twists that make life just a little bit better.
Despite the high unemployment rate, we may see an increase in labor costs in 2011 that will put pressure on corporate margins, Tobias Levkovich, Citi’s chief US equity strategist, told CNBC.
Comcast, which is poised to buy control of NBC, may be more cautious than the network’s current owner, GE, the New York Times reports.
Stocks ended mixed after trading in a narrow range amid a quiet pre-Christmas session following several economic reports that were mostly in line with expectations. Alcoa rose, while Bank of America fell.