Cablevision Systems sealed a $650 million deal to buy 97 percent of Newsday Media Group from Tribune, the companies said Monday, after Rupert Murdoch's News Corp withdrew its bid.
Stocks bounced back from the prior session's slide, led by techs and materials, as techs staged a rebound and materials benefited from higher metal prices. Better-than-expected retail sales also buoyed the market. Financials declined after federal regulators proposed increased oversight of investment banks.
Stocks bounced back Thursday following a sharp drop in jobless claims and better-than-expected monthly sales from Wal-Mart.
Retailers' April sales reports could shape early market action Thursday and provide a window on just how the consumer is faring.
You can't pick your family, but you can pick your stocks. When you’re buying along bloodlines how can you separate the black sheep from the family jewels?
Cablevision Systems has made a $650 million bid for Tribune's Newsday newspaper, topping rival offers from media titans Rupert Murdoch and Mortimer Zuckerman, a source briefed on the matter said Friday.
Tribune plans to sell the Newsday daily newspaper on Long Island to News Corp for about $580 million, The Wall Street Journal reported online on Monday, citing sources familiar with the situation.
Plus, a Cramerica-inspired greyhound race. There goes swifty!
New York Daily News owner Mortimer Zuckerman submitted a bid to buy Newsday from Tribune, while his archrival Rupert Murdoch is also in talks about the paper, sources familiar with the situation said on Wednesday.
I met up with several Wall Street analysts last night and everyone was talking about cable properties being on fire. Everyone taking a close look at the cable entities driving the media giants--like ESPN--and the ones now on the auction block.
The six largest cable companies are planning to form a jointly owned company that would allow national advertisers to buy customized ads and interactive ads across the companies’ systems.
Basketball shoe sales aren't that hot right now. Even Nike--which has 86 percent of the U.S. market--and has been up as the market has continued to decline, saw a double digit decline in the fourth quarter, according to analyst Matt Powell of SportsOneSource.
In 1990--the last time the New York Giants won the Super Bowl--the U.S. was headed for recession. Stocks then staged the biggest bull-market run in history.
Investors are worried about a recession again. So CNBC asked the experts for some recession-proof stock picks.
What do cheesecake and cable TV have in common? They're the signature products of two companies at the top of fund manager Michael Chren's list. Chren's Allegiant Large Cap Value Fund is up an average of 13.99 percent per year over the last five years. He gave CNBC his top stock picks.
The epic spoof "Meet the Spartans" narrowly beat out "Rambo" to nab the top spot in the weekend box office, according to studio estimates Sunday.
Yet another sign of the convergence of content and technology: For the first time, a cable company CEO made a keynote speech at CES. This morning, Comcast spacer chief Brian Roberts announced a new strategy, calling it Comcast 3.0.
You may not even know the company exists. But it's quietly reaping the rewards of the lucrative mobile phone business.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Cablevision Systems, the New York-based cable television operator, reported a wider quarterly loss Thursday and said it lost additional subscribers in a more competitive market.
A heroin pusher and a honey bee put some sting back into the movie business.