David Poland, Movie City News, provides his take on this summer's winners and losers and why movie studios are watching international sales.» Read More
Brian Roberts is on the verge of a takeover of NBC Universal. The $30 billion deal, the final details of which are still being negotiated, will catapult Comcast from being the No. 1 cable operator to a major producer of television and movies, and will elevate Mr. Roberts to the top ranks of the media industry elite. The New York Times reports.
The Dow rose for a sixth straight session Wednesday as the dollar hit a new 15-month low after Fed comments and strong Chinese economic data. Financial, material and IT stocks were the biggest gainers.
Stocks opened higher Wednesday as the dollar fell to its lowest level in 15 months and economic data out of China was strong.
It's been awhile since holiday shopping has been such a wild card for the economy. Wednesday kicks off the batch of major retail earnings, when Macy's reports ahead of the opening bell.
It's "risk on" in global markets, a trend traders say could help keep stocks heading higher for now.
Th e Dow rallied to a new high for 2009 after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Stocks rallied Monday, coming off their best weekly performance in a month, after the Group of 20 pledged to keep stimulus in place until recovery was assured.
Wall Street opens the new trading week coming off its best weekly performance in a month, with U.S. stock index futures pointing to a modestly positive opening Monday.
General Electric and Comcast are now expected to announce a deal over GE's NBC Universal unit on Nov. 16, not next week as originally thought, people familiar with the situation told CNBC.
Markets have been hanging on the October employment report, expected to show a drop of 175,000 nonfarm payrolls when it is released on Friday.
The cable industry is still growing - but growth is slowing. Time Warner Cable, like rival Comcast, continues to lose basic video subscribers to rivals like the telecom and satellite TV companies
Cisco could put a glow into tech stocks Thursday, but traders say the stock market could again be choppy.
Stocks ended mixed Wednesday as a post-Fed rally fizzled. Stocks had opened higher as investors cheered some encouraging readings on the economy, then swung in about a 50 point range after the Fed's statement, before finishing narrowly mixed.
Stocks rallied Wednesday after the Fed's statement. The market had been higher before the statement as investors cheered some encouraging readings on the economy, then swung a little right after the statement before barreling higher.
Comcast again proved the resilience of the cable business despite the economic downturn, reporting 22 percent growth in third-quarter earnings to 33 cents a share on $8.8 billion in revenue, 3 percent higher than the year-ago quarter.
Stocks jumped Wednesday as investors shrugged off a weaker-than-expected reading on the services sector and cheered an improvement on the jobs front.
Warren Buffett announced that Berkshire Hathaway is going to acquire Burlington Northern in a $44 billion deal and said he is “betting on America.” Is it really the right time to bet on U.S. companies? Thomas Russo, partner at Gardner, Russo & Gardner, shared his insights.
Traders have been talking about the upcoming Fed statement for days now, because even a subtle tilt in the Fed's posture on interest rates could unhinge the popular "risk on" trade, where investors bet against the U.S. dollar and throw money into risky assets such as stocks and commodities.
The job market and the Fed are likely to be at the center of Wall Street's focus Wednesday, following a volatile session which saw the major averages end not too far from where they started.
Viacom kicks off a barrage of media giant earnings when it reports before the bell Tuesday morning.