The new net neutrality regulations may persuade the Justice Department to OK the Comcast-Time Warner Cable merger, analyst Daniel Ernst tells CNBC.» Read More
Stocks closed lower Tuesday, retreating from multi-year highs, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December and a spike in import prices. Exxon fell, while Verizon rose.
Stocks retreated from multi-year highs on Tuesday, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December. Exxon fell, while Verizon rose.
The most recent whale-watch filings at the SEC become more interesting when you contemplate not merely who is betting on what but who is betting against whom.
Stocks continued to trade off multi-year highs after a slew of economic news, including a weak reading on December retail sales. Exxon and DuPont fell, while JPMorgan rose.
After its recent rally, the market is currently taking a rest, said Art Cashin, director of floor operations at UBS Financial Services.
Stock index futures fell ahead of the open on Tuesday after the government reported retail sales results that were slightly lower than expected, and a surge in import prices.
The 3D TV market just got a little more exciting. On Sunday, '3net' launched in 18 million homes from Discovery, Sony and Imax. And on Monday, as a Valentine’s gift to sports fans, ESPN launched on DirecTV, Comcast and Time Warner Cable. This brings the total number of 3D networks to three, including DirecTV's 'N3d' channel, launched last year in partnership with Panasonic.
Warren Buffett's Berkshire Hathaway was doing some selling in last year's fourth quarter. Its quarterly portfolio filing with the SEC shows that as of December 31, Berkshire had no holdings for eight stocks that had been listed in its Q3 portfolio filing.
The stock market's easy glide higher could continue in the week ahead, as its steady advance draws in fresh money. But investors will continue to watch for signs of a pullback, now that the market is up nearly 6 percent since the start of the year.
It's been a brutal winter for the box office — year to date box office sales are down 23.8 percent and attendance is off 25 percent, according to Hollywood.com.
Keith Olbermann, the former MSNBC anchor and liberal firebrand, will host a prime-time program or Current TV, the low-rated cable channel co-founded by Al Gore, starting in the spring, the New York Times reports.
AOL is paying $315 million to acquire The Huffington Post. How does a company like AOL put a price tag on a private company like The Huffington Post? AOL CEO Tim Armstrong and Arianna Huffington will join the Halftime crew to discuss the deal.
This Sunday's Super Bowl could draw the highest ratings of any game, and it could also break records as the biggest advertising event ever.
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.