The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.» Read More
Cable company stocks fell Thursday after a new policy was announced by the Federal Communications Commission, two analysts told CNBC.
My sources breakdown how the FCC plans to regulate broadband going forward.
The head of the Federal Communications Commission is pledging to apply only narrow regulations to high-speed Internet access to ensure the agency has adequate authority to govern broadband providers without adopting heavy-handed rules.
The FCC is set to announce whether they will allow cable companies to price according to bandwidth. This would benefit subscribers, but not the cable companies themselves.
Time Warner's stock is trading near an 18 month closing high ahead of its quarterly earnings report tomorrow morning.
The media industry may be going through some rough times, with the landscape changing day to day, but at least one aspect is business as usual: big paydays for the people at the top. The NYT explains.
Time Warner Cable's stock added over seven and a half percent Thursday on higher subscriber numbers for all three of its services: home Internet, home phone, and digital cable. The company earned 60 cents a share, up from 48 cents in the year-earlier period.
Stocks ended higher after the Fed left interest rates unchanged and kept the "extended period" language in its statement. Financials were the day's best performers, with JPMorgan and Bank of America leading the Dow.
Better subscriber numbers, higher revenue per subscriber, and higher advertising helped Comcast beat Wall Street expectations.
Plus, Cramer refutes the Ford downgrade, defends Sprint and talks up the under-the-radar spending taking place in telecom.
Stocks advanced Wednesday, with banks rebounding after a sharp selloff in the previous session after both Greece and Portugal had their debt ratings downgraded. Bank of America and JPMorgan were among the early leaders on the Dow. Dell skidded.
With Tuesday's 200-point drop in the Dow Jones Industrial Average breaking its upward run, the markets are due for a correction from their highs, said Scott Redler, chief strategic officer at T3live.com.
The 2-year Greek bond passed a 23 percent yield, which must surely be some kind of selling climax. National Bank of Greece (NBG) is up 10 percent. Meantime, the Greeks are boldly going to the heart of the problem: they have banned short selling of stocks for the next two months.
U.S. stock index futures pointed to a lower open Wednesday in the wake of a sharp selloff in the previous session caused by another Greek debt downgrade, but comments from the Federal Reserve could change momentum later.
What follows is a roundup of corporate earnings reports for Wednesday, April 28.
Wednesday morning before the bell Comcast will be the first of the media giants to report its quarterly earnings.
DISH Network has been largely trading sideways since early March, but options are positioning for shares to rally in the next month.
Premium cable channel Epix has finally signed its first national distribution deal—to Dish Network's 14 million satellite TV customers.
A new report reveals that consumers are spending less on home entertainment—but it's not all bad news. Spending on DVDs, Blu-Ray and digital distribution dropped 8 percent in the first quarter to $4.84 billion, on the heels of a 5 percent drop last year.
GE reports earnings and we expect the results will be another confirmation that this recovery is real and that the gloomy outlook many strategists have should now be reassessed.