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Could A Ruling Against Aereo Kill The Cloud?
Wednesday, April 23, 2014 - 10:09am | 825U.S. Supreme Court justices Tuesday seemed to be wondering aloud whether the case against startup Aereo was also linked to cloud computing. The Associated Press reported Justice Stephen Breyer saying, “Are we somehow catching other things that would really change life and shouldn’t?” The “...
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Supreme Court Ruling Could Change The Face Of Television Forever
Tuesday, April 22, 2014 - 12:03pm | 574In announcing it would hear American Broadcasting Companies v. Aereo beginning Tuesday, the United States Supreme Court could decide the fate of broadcast television and potentially upend a business model that has been in place for a very long time. To put it simply, Aereo, a company that lets...
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Netflix And Comcast In War Of Words
Tuesday, April 22, 2014 - 9:04am | 584Netflix (NASDAQ: NFLX) announced earnings yesterday that made investors so happy that they bid the stock up about eight percent. Yesterday the company also announced its opposition to the Comcast (NASDAQ: CMCSA) Time Warner Cable merger. A war of words has ensued. Netflix wrote yesterday, "If...
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More People Are Cutting The Cord On Cable
Monday, April 21, 2014 - 4:47pm | 781Cable television is losing steam to Internet streaming services. A new report from Experian Marketing Services says there is a growing number of people who have high-speed Internet, but no cable or satellite television subscription. These “cord-cutters” have jumped in number from 5....
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Earnings Expectations For The Week Of April 21: Apple, Facebook, GM And More
Sunday, April 20, 2014 - 11:14am | 975The earnings crunch is underway. Highlights this week include scheduled quarterly reports from Amazon.com, Apple, Facebook, Netflix and Starbucks, which are all expected to post earnings growth, as well as from Ford, McDonald's and Microsoft, for which earnings declines are forecast. Here is a...
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Market Wrap For April 9: Investors Breathe Sigh Of Relief Over Rate Worries
Wednesday, April 9, 2014 - 4:35pm | 2359U.S. stocks rose sharply after minutes from the Federal Reserve eased concerns over when the central bank would raise interest rates. The decision to let go of the 6.5 percent unemployment rate threshold for raising interest rates was finalized in early March. Additionally, the Fed's minutes...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Oppenheimer: The Technology Revolution Is Nigh
Friday, April 4, 2014 - 7:24am | 851We are on the verge of huge technological change, according to analysts at Oppenheimer. They see a coming convergence of mobile and cloud computing with telecommunications, in which companies such as DirecTV (NASDAQ: DTV), Rackspace Hosting (NYSE: RAX) and T-Mobile US (NYSE: TMUS) may be may...
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Market Wrap For March 31: Stocks Rally As Yellen Confirms Support For Economy
Monday, March 31, 2014 - 4:37pm | 2097U.S. stocks rose in the final day of the first quarter as the Fed's boss Janet Yellen said there is still room for the central bank to further boost the economy. Yellen, speaking in Chicago today, said the scars from the Great Recession remain, and reaching our goals will take time." Yellen...
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Weekly Highlights: Apple And Comcast Union, King's Botched IPO, Facebook Drones And More
Sunday, March 30, 2014 - 8:51am | 208This week Microsoft (NASDAQ: MSFT) was thought to have set a goal for tablet sales in 2014. Intel (NASDAQ: INTC) may have done the same. King (NYSE: KING) defended its disappointing public debut. Facebook (NASDAQ: FB) spent $2 billion on yet another startup. Microsoft released Office for the...
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Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
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Barclays Analyst: The Apple/Comcast Deal Isn't What People Think
Tuesday, March 25, 2014 - 3:41pm | 471According to Kannan Venkateshwar of Barclays Capital, the talks between Apple (NASDAQ: AAPL) and Comcast (NASDAQ: CMCSA) are likely not what people imagine, if they’re even happening at all. The rumors started over the weekend; that Apple and Comcast were in talks where Apple wanted to reserve...
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Top Trending Tickers On StockTwits For March 25
Tuesday, March 25, 2014 - 9:32am | 721Here's a look at the top tickers trending on StockTwits.com. Himax Technologies: Downgraded at Bank of America Analysts at Bank of America downgraded Himax Technologies (NASDAQ: HIMX) to Underperform from Buy with a price target lowered to $12.50 from a previous $17.58. The analysts noted that...
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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...