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The Latest Content Pick: Verizon For Charter?
Thursday, January 26, 2017 - 10:56am | 456Shares of Charter Communications, Inc. (NASDAQ: CHTR) were trading higher by more than 10 percent ahead of Thursday's market open following a Dow Jones report that suggested the company is seeking a combination with Verizon Communications Inc. (NYSE: VZ). At the same time, shares of Verizon...
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Fred's Shares Pull Back After Its Ability To Handle Rite Aid Store Purchase Questioned
Wednesday, December 28, 2016 - 1:35pm | 306Fred's, Inc. (NASDAQ: FRED), a relatively small discount retailer and full service pharmacy chain, attracted investor attention on December 20 when it agreed to buy hundreds of stores and certain assets from Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD) for $...
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Amazon Go Stores Facing False Job Killing Charges?
Friday, December 9, 2016 - 1:38pm | 747The online retail juggernaut Amazon.com, Inc. (NASDAQ: AMZN) is flexing its muscles in the grocery market with breakthrough technologies that could wipe away competition by pinching margins and profitability and also could potentially leave many Americans stranded without a job, so the argument...
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Viacom Wants In On Vice
Friday, December 2, 2016 - 10:46am | 315Media conglomerate Viacom, Inc. (NASDAQ: VIAB, led by new CEO Robert "Bob" Bakish, is said to be considering buying a stake in millennial digital media start-up Vice, according to a New York Post report “Bakish wants to make his mark on the struggling media giant and is out to show his board...
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What Happens If Carl Icahn Walks Away From His $9.25/Share Bid For Remainder Of Federal-Mogul?
Thursday, November 17, 2016 - 12:54pm | 715Carl Icahn's quest for taking Federal-Mogul Holdings Corp (NASDAQ: FDML) remains a pipe dream. At least that is what the third successive extension of the deadline for the expiry of tender offer is suggesting. The Offer And Deadline Extensions Most recently, on November 15, Icahn Enterprises LP (...
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Carl Icahn And Mario Gabelli's Battle Over Federal-Mogul Could End Soon
Thursday, November 10, 2016 - 9:44am | 470The battle of billionaires to take control of auto parts retailer Federal-Mogul Holdings Corp (NASDAQ: FDML) is heating up. It remains to be seen which of the billionaires can sway it his way. With the 12 a.m. ET, November 14 deadline for the expiration of the tender offer to acquire all shares...
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McDonald's China Restaurant Sale Process: Have Investors Sold The Rumor?
Tuesday, August 23, 2016 - 10:02am | 502McDonald's Corporation (NYSE: MCD) has been looking to sell part or all of its operations in Asia to a strategic buyer who can bring local expertise and knowledge of the unique markets. McDonald's entered into discussions with private equity firms to buy 2,800 of its restaurants in North Asia on...
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You Won't See Marissa Mayer Or Nikesh Arora At Allen & Co.'s Annual Sun Valley Conference
Tuesday, July 5, 2016 - 1:52pm | 314Allen & Co, a boutique investment bank firm with a focus on media and entertainment companies, hosts an annual shindig for the "who's who" of the industry. Last year's event at Idaho's Sun Valley Resort attracted more than 300 executives in the media, finance, politics and technology spaces....
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Brexit Thwarts Starz's Attempts To Partner With Lions Gate
Wednesday, June 29, 2016 - 11:19am | 277Starz (NASDAQ: STRZA) and Lions Gate Entertainment Corp. (USA) (NYSE: LGF) were heavily rumored to merge, but the recent Brexit voting outcome will likely prevent that from happening. According to the New York Post, one of the banks involved in the deal withdrew from the process after the British...
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Twitter Wanted To Merge With Yahoo? NY Post Says Dorsey Is No Longer Interested
Friday, June 3, 2016 - 7:50am | 323New York Post's James Covert reported on Twitter Inc (NYSE: TWTR)'s meeting with Yahoo! Inc. (NASDAQ: YHOO) that took place several weeks ago. The meeting was initially to explore merger opportunities between the two companies. "Jack Dorsey's struggling social network met with...
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Report: Viacom Looking To Replace Its CEO And Entire Board
Tuesday, May 31, 2016 - 9:36am | 208A new CEO change may be coming to Viacom, Inc. (NASDAQ: VIAB), according to the New York Post. Sumner Redstone, the ailing 92-year whose family controls 80 percent of Viacom's Class A voting shares, recently removed the company's CEO Philippe Dauman and George Abrams, a Viacom board member, from...
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Report: Facebook Working On Potential Rival To YouTube
Monday, May 16, 2016 - 9:43am | 323According to a report by the New York Post, Facebook Inc (NASDAQ: FB) is working on a potential service to compete against Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s YouTube platform. The New York Post suggested that Facebook is "searching for fresh ways to work with the music industry," and...
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Analyst Not Surprised About JCPenney, Says Anecdotal Evidence Is Clear
Friday, May 6, 2016 - 3:43pm | 340J C Penney Company Inc (NYSE: JCP) shares are poised to finish the week down more than 10 percent after the company announced it will be taking a series of drastic measures to help protect the struggling companies bottom line. The New York Post reported that JCPenney has slashed payroll, frozen...
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JCPenney Tumbles Amid Report Company Is 'Taking Emergency Measures To Stay Afloat'
Friday, May 6, 2016 - 8:51am | 270Shares of J C Penney Company Inc (NYSE: JCP) tumbled more than 7 percent early Friday morning after the New York Post reported that the retailer has been forced to take "emergency measures" to "stay afloat." The New York Post, citing an internal memo it obtained, said JCPenney saw "unexpected light...
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Verizon 'Just Got One Step Closer' To Acquiring Yahoo's Assets
Thursday, April 28, 2016 - 10:36am | 258The New York Post reported Wednesday evening that Verizon Communications Inc. (NYSE: VZ) is "one step closer" to acquiring Yahoo! Inc. (NASDAQ: YHOO)'s Internet properties. The New York Post, citing its sources, noted that Yahoo's recent agreement with activist investor and major shareholder...