What follows is a roundup of corporate earnings reports for Wednesday, May 4.
Today HBO officially launched its new app, HBO Go, to allow HBO subscribers to access its content from anywhere. Ben Swinburne, Morgan Stanley's media analyst, says this could be a win-win-win — helping Time Warner grow its subscriber base, enabling cable and satellite TV companies to hold on to their subscribers, and giving consumers more access to content.
The volume of ads marketers are buying has increased, and the amount they're spending on each ad is higher as well. This strength in the first quarter bodes well for the Upfront ad sales period, when networks look to sell a big chunk of their ad inventory for the coming year.
The way iTunes changed music, Warner Brothers wants to change movies. Today the studio gave me an exclusive look at an entertainment app it's been working on for years - the ultimate destination for people to buy all digital movies, not just Warner Brothers'. It's an app code-named 'Digital Everywhere,' and it's set to launch this summer.
Here is a look at some of the companies in the S&P 1500 that have increased dividend payments in recent months, have a yield greater than 2.5 percent, and a free cash flow payout ratio less than 60 percent.
Last fall, I had the chance to meet Kate Upton, a fast-rising young model, who was about to become a name among sports fans. Upton was tabbed to become one of the prestigious few to pose in Sports Illustrated's Swimsuit Issue. I recently caught up with her as the world continued to talk about not only her good looks, but also about her bubbly personality.