The pressure is on for those earnings to support the market's current valuations, after weeks of choppy trading.» Read More
Mr. Zucker, who was a lightning rod in the television business long before he became chief executive of NBC Universal in 2007, now finds himself at the center of one of the biggest deals in media.
Comcast’s impending acquisition of NBC Universal will certainly set off an effort to turn Versus into a viable alternative, if not a full-fledged competitor, to ESPN. Under Comcast’s ownership, Versus has transformed from the Outdoor Life Network to OLN, then, in 2006, into its current incarnation.
Stocks turned mixed in late-morning trading Wednesday, with the Dow retreating, after the S&P broke through a key level.
Stocks turned mixed on Wednesday, with the Dow retreating, after the S&P broke through a key level. Barbara Marcin, portfolio manager at Gabelli Blue Chip Value Fund, shared her investment strategies.
The U.S. unemployment rate reached 10.2 percent in October for the first time in over 26 years, even though the pace of job losses slowed. So what’s next for the market? John Lonski, chief economist at Moody’s Investors Service, shared his economic insights.
The Street is closely watching developments as GE moves ever closer to selling NBC Universal. What must you know?
Stocks kicked off December with a rally Tuesday as Dubai fears subsided and the dollar retreated, pushing gold to a new record above $1,200 an ounce. The Dow gained 1.2 percent to close at its highest level since Oct. 2008.
GE's is in the process of selling a majority stake in NBC Universal to Comcast, which will create a new vertically integrated media giant.
The markets are looking “very good” and they still have a long way to go, said Laszlo Birinyi, president of Birinyi Associates. He shared his market outlook.
Vivendi's sale of its 20 percent stake in NBC Universal was the largest obstacle to General Electric's pact with Comcast. Now, media analysts dissect the deal and predict what's ahead for the massive media company.
Stocks kicked off December with a rally Tuesday as Dubai fears subsided and the dollar retreated, pushing gold to a new record above $1,200 an ounce.
Look for consumers to have more control than ever over how when and where they access content, for social media to show continued growth and greater influence and an explosion on content on free sources.
Markets started off the new month with a rally. Where should investors be looking? Gibson Smith, co-CIO and portfolio manager at Janus Capital Management shared his 5-star investing strategies on fixed income.
General Electric agreed to buy the 20 percent stake in NBC Universal from partner Vivendi for $5.8 billion. The long-awaited GE-Vivendi deal will pave the way for GE to sell 51 percent of NBCU to Comcast. Mike Holland, chairman of Holland & Company, shared his insights on the deal.
Stocks kicked off December with a rally Tuesday as fears about the Dubai situation subsided but pared their gains after a lower-than-expected reading on manufacturing.
Tuesday starts with a positive outlook for stocks, helped by retreating fears over Dubai World's debt restructuring plans as well as new easing moves overnight by the Bank of Japan.
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S. manufacturing in November, while some dollar bulls are forecasting a greenback rebound in December.
Markets retreated on Monday in a wobbly session, as investors sorted through the fallout of the Dubai news and the weekend retail sales numbers. Phil Orlando, chief equity market strategist at Federated Investors, shared his insights.
Dubai markets fell on the first trading day since the emirate's request to delay debt repayments. But U.S., Asia and Europe markets climbed after the UAE central bank announced it'll provide additional liquidity to commercial banks if needed. Dennis Gartman, founder of The Gartman Letter, shared his insight on what lies ahead.
Stocks finished lower Friday, despite a last-ditch attempt to rally, as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Still , for the week, the Dow gained about 50 points.