The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.» Read More
Some of the names on the move ahead of the open.
July 22- Comcast Corp reported a better-than-expected rise in quarterly profit, helped by the highest subscriber additions in its high-speed internet business for six years and improved profitability at its NBC Universal unit.
Comcast reported quarterly earnings that beat analysts' expectations on Tuesday.
LOS ANGELES, July 21- Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in U.S. and international subscribers as a price increase for its most popular U.S. video streaming plan did not deter new users.
After 21st Century Fox's failed bid to acquire Time Warner, the question arises as to what other media giants are now in play for purchase?
Rupert Murdoch’s audacious offer for Time Warner that if it succeeds would cement his status as the most powerful U.S. media magnate.
NEW YORK, July 16- Rupert Murdoch's Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83- year-old's status as the most powerful magnate in U.S. media and entertainment.
NEW YORK, July 16- Time Warner Inc's board, in rejecting 21st Century Fox Inc's $80 billion bid, insisted the offer undervalued the media conglomerate and raised fears about the dominating role that Rupert Murdoch's family would play, a person close to the situation said on Wednesday.
Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.
*Time Warner shares up 16.9 percent. NEW YORK, July 16- Rupert Murdoch's 21st Century Fox Inc said on Wednesday that Time Warner Inc had rebuffed its offer to buy the company, but people familiar with his thinking say he is determined to bring the U.S. media conglomerate into his empire.
One of the oldest and largest funds in this niche is the Merger Fund, which manages nearly $6 billion.
July 11- Walt Disney Co, Discovery Communications Inc and CBS Corp are being asked for information by U.S. antitrust officials probing Comcast Corp's proposed takeover of Time Warner Cable Inc, Bloomberg reported on Friday.
With a Comcast-Time Warner Cable deal in the offing, John Malone's dealmaking could be on hold here. But there may be more to do in Europe.
"Barry and I decided a year and a half ago not to talk about Aereo," CBS CEO Leslie Moonves says.
Discovery Communication CEO David Zaslav said TV content companies are likely to consolidate in response to pending deals between cable companies.
Americans are choosing to save over spend, and that's creating an unwanted discount on these consumer spending-linked investments.
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led CEOs to strike big transactions in 2014.
NEW YORK, June 30- Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years.
Forget the Supreme Court. The premise that Aereo is a disruptive innovation that could kill pay television is false, says a B School expert.
The recovery is leading to a number of acquisitions as the largest telecom companies duke it out with cable operators and telecom providers such as Level 3 Communications Inc to serve corporate customers.