Buzz on the Street suggests the gov't is going to off-load some of its stake in Citi after the lock-up expires. If the gov't is selling, should you be buying?
In the new digital age, Blockbuster faces many challenges in a growing field of competitors. While its stock is down some 70 percent over the past year, the company's CEO sees a "bright future" and shares its transformation strategy with CNBC.
Stocks ended lower Wednesday as Washington ramped up reform in the health care and financial sectors and as the Fed's beige-book report showed the economy is improving but not at a fast enough pace to spur hiring.
Stocks advanced Wednesday as reports on the services sector and jobs came in better than expected.
Stock market futures pointed to a slight rise at the start of trading Wednesday, but numbers on private employment and planned layoffs could alter the tone of trading.
The traders are closely watching developments in two stocks, Netflix and General Growth. What’s the latest?
"If insiders see the road ahead paved with growth, they will tend to hold onto their shares. If not, they will be quite happy to part with them."
Wal-Mart Stores says it will buy broadband entertainment provider Vudu, a deal that gives the world's biggest retailer the ability to sell movies directly through TVs and Blu-ray players over the Internet.
After hours Walmart announced a definitive agreement to acquire VUDU, Inc., a leading provider of digital technologies. What's the trade?
One e-commerce firm's shares nearly tripled over the last year. Does it have further room to run? Mark Mahaney, Internet research director at Citigroup Investment Research, shared his views.
New research suggests the state of the economy might not be as critical to a company's fortunes, as you might think!
After nearly six months of litigation Warner Bros. Home Entertainment Group and Redbox today struck a deal. Redbox, which rents DVDs for $1 a day from kiosks in big box retailers and pharmacies, was locked in a standoff with Warner Bros., which has the largest home entertainment marketshare of any of the studios. In this new deal Redbox agrees to a 28 day window after DVDs go on sale before it starts offering those films in its kiosks.
It used to be that a basic $25-a-month phone bill was your main telecommunications expense. But by 2004, the average American spent $770.95 annually on services like cable television, Internet connectivity and video games, according to data from the Census Bureau. By 2008, that number rose to $903, outstripping inflation. By the end of this year, it is expected to have grown to $997.07. Add another $1,000 or more for cellphone service and the average family is spending as much on entertainment over devices as they are on dining out or buying gasoline.
Plus, get calls on technology, China and more.
Following are the week’s biggest winners and losers. Find out why shares of Boeing and Ford popped while Honeywell and Google dropped.