The marketplace forces undermining traditional media conglomerates are being exploited by Netflix, media analyst Rich Greenfield tells CNBC.» Read More
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On the heels of Comcast’s announcement that it will launch a video-streaming service, one analyst thinks Netflix could face a “difficult future” from additional rivals unless it scales back its spending.
Stocks finished narrowly mixed in choppy trading Tuesday, pressured by steep oil prices and as investors were quick to book profits following a deal announcement in Greece. The Dow briefly broke through the key 13,000 level for the first time since May 2008, but failed to close above the mark.
Comcast’s plans to launch a video-streaming service could spell trouble for Netflix stock, the “Fast Money” pros said Monday.
It seems that the end of obsolescence is back for more blood. This time its unwary victim is the film industry.
CNBC parent company Comcast is launching a competitor to Netflix, with the Fast Money team.
Every quarter hedge funds and large investors file their holdings with the SEC, revealing value picks, cyclical bets, growth opportunities and activist pushes. TheStreet.com details five stocks that hedge funds flocked to.
CNBC's Julia Boorstin has the numbers from Discovery Communications and analysts are stil worried about Oprah's flagship network, OWN.
Stocks closed lower Wednesday, with the Dow logging its sharpest decline this year, amid ongoing worries over Greece, following the Federal Reserve's latest meeting minutes, and as Apple slumped.
Discussing the best plays in the media space, with Barton Crockett, Lazard Capital entertainment analyst, and David Bank, RBC Capital Markets analyst.
Stocks in the S&P 1,500 displaying unusual volume in Wednesday's trading session.
U.S. stock index futures were higher Tuesday, as traders continued to digest a handful of news from Greece.
Take a look at some of Wednesday morning's early movers:
Comcast, parent company of CNBC, increases its annual dividend and Q4 earnings beat Street estimates. Insight on the earnings, with Brian Roberts, Comcast chairman/CEO, who says high-speed internet products performed better than in 2010. and boosted Comcast's fourth quarter in 2011.
"I think the EU was a little harsh with the Greeks. It looks like they were trying to push them out of the euro zone. It could get bumpy next week,” said trader Art Cashin.
The Street was disappointed by lower-than-expected revenues from Disney’s earnings report on Wednesday, but investors should care more about the company’s multiple, said David Bank, media analyst for RBC Capital Markets.