U.S. FCC paused until Jan. 12 its informal 180-day countdown for the review of the proposed merger of Comcast and Time Warner Cable.» Read More
Stocks closed higher for a fourth straight week Friday, extending a September rally with huge daily gains fueled by optimism over the future direction of the economy Caterpillar and Alcoa rose, Oracle fell.
Stocks were on track to end significantly higher Friday and for the fourth straight week as traders began to gain more confidence in the future health of the economy. Caterpillar and Alcoa rose, Oracle fell.
Stocks continued to surge Friday morning after a boost in durable goods orders and news that the rate of sales of new homes was unchanged from July. Caterpillar and Alcoa rose.
Jeff Zucker, the chief executive of NBC Universal, told the company’s employees in an email Friday morning that he will step down from his position upon the completion of the takeover of NBC by Comcast.
Despite plenty of talk about consumers ditching their cable service, Angelakis says he's not concerned about customers "cutting the cord."
Markets Wednesday will sort through the implications of the Fed's move towards further easing... and its increasingly negative impact on the dollar.
Stocks ended higher Friday, continuing a September rally despite trading with uncertainty most of the week. Caterpill and United Technologies rose, HP and JP Morgan fell.
An alarming survey by Credit Suisse should serve as a wake up call to the broadcast networks and media investors as well!
Fewer people are sitting down to watch their favorite shows live on TV, so how can you take advantage of this trend?
Stocks finished sharply lower Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Home Depot fell, while HP rose.
Stocks continued to selloff Monday amid light volume as confidence about the economy weakened and investors remained cautious ahead of several key reports coming up this week. Bank of America and Intel fell, while H&P rose.
Stocks are lower as investors shrug off a positive government report on consumer spending and a raft of mergers and acquisitions news. bank of America, Amex fell, while H&P rose.
Following a flurry of M&A activity, investors are wondering who's the next takeover candidate. Why one analyst said Yahoo should buy Hulu.
Netflix shares have gained a whopping 185 percent over the past 12 months, but the stock is off from its all-time high it hit recently, now facing analyst downgrades and a slew of changes to the media landscape.
Today's news that Google is partnering with DirecTV to sell ads for cable networks could have far-reaching implications for Google and the ad business. This could be a win-win-win for Google, DirecTV, as well as advertisers, and it has the potential to shake up Madison Avenue.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
Time Warner reported its fastest growth in two years and CEO Jeff Bewkes says media is back: "We're looking at a very strong performance in the middle of this economic situation."
CBS stock rose 3.5 percent Monday, a day ahead of its quarterly earnings, which are expected to be higher on rebounding ad spending. But that isn't the only good news for CBS: the company has announced that it struck a 10 year retransmission agreement with Comcast, to distribute CBS network, local stations, College Sports TV, Showtime and the Smithsonian channel.
The message from media and tech companies is clear: advertising is back in a big way. This week both Sir Martin Sorrell, CEO of WPP and Disney CEO Bob Iger told CNBC that the ad market has improved from last year and continues to improve. We've seen that demonstrated in results from a diverse group of industry players, from tech giants to newspapers.
Stocks remained lower Wednesday after the Fed’s latest "beige book" report pointed to a slowly recovering economy. Boeing fell. RIM rose.