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ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.
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NEW YORK, Jan 10- A Delaware judge refused on Thursday to fast-track a shareholder class action lawsuit seeking to block Sprint Nextel Corp's deal to buy wireless service company Clearwire Corp, people familiar with the situation said.
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* "Second screen" coming into its own, developers ramp up efforts. LAS VEGAS, Jan 10- Television makers, networks and movie studios are embracing the tablet and developing original content and software to drive audience interaction and new advertising revenue after initially dismissing mobile devices as a distraction.
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NEW YORK, Jan 9- Sprint Nextel Corp is under no pressure to raise its $2 billion offer for Clearwire Corp to beat a higher bid by Dish Network Corp as it holds several trump cards it can play to thwart its rival, three sources close to the matter said.
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Stocks ended higher in thin trading Wednesday, after Dow component Alcoa kicked off the fourth-quarter earnings season on a positive note.
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*Alcoa shares down after positive outlook for the year. *Herbalife up 4.2 pct on news hedge fund manager Loeb took stake. Herbalife Ltd stock rose 4.2 percent to $39.95 in its most active day of trading in the company's history, after hedge fund manager Dan Loeb took a large stake in the nutritional supplements seller.
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*Alcoa shares rise after positive outlook for the year. NEW YORK, Jan 9- U.S. stocks rose on Wednesday as Alcoa's better-than-expected revenue and a positive outlook boosted investor confidence ahead of an earnings season expected to show lackluster results.
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*Alcoa shares rise after positive outlook for the year. NEW YORK, Jan 9- Wall Street rose on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year. Shares of Alcoa, the largest aluminum producer in the United States, rose 0.5 percent to $9.18.
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U.S. stock index futures were higher Wednesday after Dow component Alcoa kicked off the earnings season on a positive note.
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*Alcoa shares rise after positive outlook for the year. NEW YORK, Jan 9- Wall Street was poised to open slightly higher on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year.
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NEW YORK, Jan 9- U.S. stock index futures rose modestly on Wednesday as Alcoa got the earnings season underway with better-than-expected revenue. *Alcoa Inc also gave a positive outlook for 2013, but kept a cautious tone as worries lingered over a looming U.S. budget confrontation.
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*Alcoa shares rise after positive outlook for the year. NEW YORK, Jan 9- U.S. stocks edged higher on Wednesday after Alcoa got the earnings season under way with better-than-expected revenue and an encouraging outlook for the year.
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Jan 8- Dish Network put in a bid for Clearwire Corp on Tuesday that trumped Sprint Nextel's $2.2 billion offer, setting the stage for a takeover battle for the wireless service provider that owns crucial mobile spectrum.
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Dish Network has made an unsolicited offer to buy Clearwire for about $2.28 billion, trumping an offer by Clearwire shareholder Sprint Nextel and potentially interfering with Softbank plan to take a majority stake in Sprint.
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Jan 8- Dish Network Corp has made an unsolicited offer to buy Clearwire Corp for about $2.28 billion, trumping an offer by Clearwire shareholder Sprint Nextel Corp and potentially interfering with Softbank Corp's plan to take a majority stake in Sprint.
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Check out which companies are making headlines after the bell Tuesday:
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CES is all about streaming video this year: nearly all the 20,000 devices featured on the show floor feature access to media companies like Netflix and media apps.
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If Harvey Weinstein saw reason to be credulous of trader instincts, maybe 2013 is when Netflix proves itself to skeptics.