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Telsey Advisory Analyst Says FTC, FCC Would Not Like Comcast-Netflix Deal
Thursday, February 5, 2015 - 2:31pm | 161When asked about a rumor that Comcast Corporation (NASDAQ: CMCSA) bid for Netflix, Inc. (NASDAQ: NFLX), Telsey Advisory Analyst Tom Eagan told Benzinga that wouldn’t make sense to him, especially now when it’s already trying to get a deal with Time Warner Cable Inc (NYSE: TWC). He...
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Pivotal Research Analyst Says Comcast-Netflix Deal Would Not Make Sense
Thursday, February 5, 2015 - 2:19pm | 220Speaking to Benzinga, Pivotal Research Analyst Jeffrey Wlodarczak said that a Comcast Corporation (NASDAQ: CMCSA) bid for Netflix, Inc. (NASDAQ: NFLX) does not make sense, especially in the context of Comcast trying to get a deal with Time Warner Cable Inc (NYSE: TWC). “Once the Time...
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Staples-Office Depot Merger Likely To Be Cleared By Regulators, Says Former SEC Commissioner
Wednesday, February 4, 2015 - 4:39pm | 746Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP) are slated to merge in a deal valued at $6.3 billion. Former SEC Commissioner Steve Wallman told Benzinga that while there are some antitrust issues that need to be addressed, the merger is likely to go through. "The...
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Stifel Analyst Explains Netflix Upgrade, Compares It To HBO
Thursday, January 15, 2015 - 9:11am | 343Stifel analyst David Levitt on Wednesday upgraded Netflix, Inc. (NASDAQ: NFLX) from Hold to Buy with a price target of $380. Levitt was on CNBC today to explain the reasons for the upgrade. "Last quarter, the third quarter, the company started to show indications of making a transition...
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Will Comcast, Yahoo And The Streaming Video Alliance Reshape The Future Of Entertainment?
Thursday, December 4, 2014 - 12:16pm | 786Comcast Corporation (NASDAQ: CMCSA) and Yahoo! Inc. (NASDAQ: YHOO) are among the companies that joined the new Streaming Video Alliance last month. The Alliance was created with the goal of producing an open architecture, new standards and best practices that could ultimately improve the...
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Bank Of America: Comcast A 'Model Of Consistency,' Added To US 1 List
Tuesday, November 25, 2014 - 12:59pm | 261Jessica Reif Cohen of Bank of America reiterated a Buy rating on Comcast Corporation (NASDAQ: CMCSA) on Monday with a $70 price target while adding the company to the “BofA Merrill Lynch US 1 list” as a preferred investment idea with near-term upside. According to Reif Cohen,...
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Netflix Vs. Comcast: Who Will Win The Net Neutrality War?
Friday, November 21, 2014 - 10:07am | 976Comcast Corporation (NASDAQ: CMCSA) and Netflix, Inc. (NASDAQ: NFLX) are among the companies that are embroiled in the war over Net Neutrality. After years of battling, the end is nowhere in sight. Cable providers took a significant hit after President Obama shared his support for an "open...
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Report: T-Mobile US Could Attract Potential Buyers
Wednesday, November 19, 2014 - 3:27pm | 231Deutsche Telekom's CEO Timotheus Hoettges said in an interview in Barcelona, Spain, that T-Mobile US Inc (NYSE: TMUS) remains an attractive asset for a potential acquirer. Bloomberg reported on Wednesday afternoon that Deutsche Telekom, parent company to T-Mobile US, believes that Comcast...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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Earnings Expectations For The Week Of October 20: The Crunch Continues
Monday, October 20, 2014 - 6:36am | 1082The earnings crunch continues this week, with quarterly reports due from tech and drug giants, the big automakers, airlines and many more. Analysts are looking for year-on-year earnings growth from the likes of: Apple Inc. (NASDAQ: AAPL), Comcast Corporation (NASDAQ: CMCSA),...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Markets Rally On Fed Minutes, Alcoa Kicks Off Earnings Season With Strong Beat
Wednesday, October 8, 2014 - 5:14pm | 2148U.S. stocks rallied after the 2:00 PM release of the Fed's September minutes, which revealed that committee members continue to debate over the timing and language of a rate hike. Several officials questioned their guidance if short-term rates were likely to stay low for a “...
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Internet Slowdown Day Is Here
Wednesday, September 10, 2014 - 2:29pm | 961Net neutrality, the principle that all Internet data should be treated equally and that access to that data should be free and unfettered, is the theme behind Wednesday’s Internet Slowdown Day. Many large websites, net neutrality advocates all, have banded together to demonstrate what...
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Will Telecom Bundling Eventually Kill Cable?
Friday, August 22, 2014 - 5:08pm | 781The so-called “triple play” bundle originally offered by cable companies has been very successful. Combining telephone, television and Internet into one package provided additional revenue for the companies and, in most cases, value for customers. When telecoms got involved, triple...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...