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Stocks turned negative Thursday afternoon amid a quiet pre-Christmas trading session following several economic reports that were in line with expectations. BofA and Walt Disney fell, while Alcoa rose.
The head of the Federal Communications Commission is laying out regulatory conditions to ensure that cable giant Comcast cannot stifle video competition once it takes control of NBC Universal.
Stocks continued to trade mixed in a quiet pre-Christmas session after several economic reports were largely in line with expectations, confirming the economy continues to improve, although slowly. Alcoa and HP rose, while BofA fell.
General Electric said Thursday it expects its deal with Comcast to close in January, instead of by year's end, as previously expected.
Stock index futures pointed to mixed open for Wall Street on Thursday with the weekly jobless claims report in the spotlight with thin trading ahead of Christmas Eve.
Stocks rallied to new highs as the S&P 500 Index reached its highest close since Lehman Brothers went bankrupt in September 2008 amid light trading and several strong earnings reports. Bank of America and JPMorgan rose, while 3M fell.
Stocks reached new highs on modest gains Tuesday amid light trading and a series of good earnings reports and in the absence of key economic data. JPMorgan and Bank of America rose, while 3M fell.
The FCC voted to approve the first ever broad regulations of the Internet, but they were adopted reluctantly—the rules have been so adapted and compromised that people on both sides of the aisle are frustrated.
A controversial proposal for Internet traffic rules goes up for a vote on Tuesday. What must you know?
In a word, the message of Wednesday’s meeting between President Obama and a group of invited CEOs was: jobs. After the meeting, my job was to stand outside the appointed venue (Blair House) and target CEOs for commentary. Some of them stopped - here’s what they had to say:
Twenty companies were represented at the summit, but the "Mad Money" host said he's only interested in three of them.
Following are moves you might have missed. Find out why shares of Comcast and Ingersoll Rand popped while Huntington Bancshares dropped.
Stocks closed off session highs, yet the Dow still hit its highest level since before Lehman Brothers collapsed as Treasury yields soared in the wake of the Federal Reserve's reaffirmation of its decision to buy bonds to stimulate the economy. AT&T and Kraft rose, while JPMorgan fell.
Stocks trimmed some gains but remained mostly higher Tuesday after the Federal Reserve reaffirmed its decision to buy bonds to stimulate the economy and left short-term interest rates unchanged. Kraft and Microsoft rose, while JPMorgan fell.
Stocks continued to trade higher Tuesday after a handful of mostly strong economic reports, and despite weak earnings from leading electronics retailer Best Buy, as investors await news from the Federal Reserve's meeting this afternoon. Boeing and Cisco rose, while JPMorgan fell.
Comcast is testing a new service that combines television and the Web, the Wall Street Journal reported Monday.
"Technology-driven deflation" via the Internet has compressed margins for all kinds of middlemen, said James Chanos, president and founder of Kynikos Associates. And expect the trend to continue going forward, he warned.
Today FCC Chairman Julius Genachowski unveiled his proposal to regulate the Internet — a proposal the FCC will vote on December 21st.
Gamemakers battle it out, consumers lose interest in 3-D technology and celebrities monetize their brands.
"Harry Potter and the Deathly Hallows: Part 1" remained the No. 1 movie with $50.3 million over Thanksgiving weekend, closely followed by the animated musical "Tangled" with $49.1 million, according to studio estimates Sunday.