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15 Corporate Execs Using Twitter Better Than Anyone Else
Friday, November 21, 2014 - 12:41pm | 1915As social media's footprint continues to grow in the business world, key company officers and executives continue to use it to interact with customers. A handful have understood this for quite some time and have acted accordingly. Below are some of the most accessible leaders on Twitter,...
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ESPN Wants to Subsidize Smartphone Data Plans
Friday, May 10, 2013 - 12:13pm | 564Is this awesome or what? ESPN, aka, “The Worldwide Leader in Sports” wants to help pay for smartphone users’ monthly data plans. The plan isn’t really a plan and no actual number crunching has taken place yet, but sentiment counts for something, right? The point, according to The Wall Street...
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With Cleveland Plain Dealer Delivery Cuts, Are Newspapers a Dying Breed?
Monday, April 8, 2013 - 10:12am | 635The Cleveland Plain Dealer said Thursday that it plans to trim home delivery to three days a week, starting this summer. As part of the move the paper announced it would cut more than a third of its staff of over 160 people. Unlike other papers in the privately owned Advance Publications group...
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Final Thoughts on Upfront as Cable Stocks Get a Boost
Wednesday, June 27, 2012 - 11:30am | 731By Steve Birenberg, Minyanville The conclusion of a slightly disappointing TV upfront selling season and renewed macroeconomic worries have brought the outlook for ad spending to the forefront for media stock investors. In addition, the stock market has reverted to the highly volatile “risk on...
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Earnings Expectations for the Week of May 7 (DIS, M, CSCO)
Sunday, May 6, 2012 - 8:44am | 1037The parade of earnings from major retailers begins this week with quarterly reports due from Kohl's (NYSE: KSS), Macy's (NYSE: M) and Nordstrom (NYSE: JWN). Analysts expect to see year-over-year revenue growth from all three, but lower per-share earnings from Kohl's. Many more retailers are...
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Another News International Hacker Arrested
Thursday, August 18, 2011 - 1:07pm | 212It really is going to be a long time before the dust settles on the News of the World hacking scandal and the Murdoch clan can get back to business as usual. James Desborough, the NOTW's US editor, is the 13th person to be held by police investigating the charges. Desborough is a former show...
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Deutsche Bank Resumes Coverage of News Corporation Amid Hacking Crisis
Thursday, July 21, 2011 - 10:18am | 205Deutsche Bank has published a report on News Corporation (NASDAQ: NWS) resuming coverage among the widely publicized phone hacking scandal. In the report, Deutsche Bank wrote, "Newscorp's stock has underperformed peers by 10.5% since July 5th ($5b of value) due to a remarkable crisis in the U.K.,...
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Collins Stewart Raises PT On News Corporation To $25
Monday, June 27, 2011 - 7:26am | 27Collins Stewart has raised the price target on News Corporation (NASDAQ: NWSA) from $18 to $25 and maintains its Buy rating.
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News Corporation (NWS) Buys 9% Stake In Middle Eastern Media Company
Tuesday, February 23, 2010 - 7:53am | 95News Corporation (Nasdaq: NWS) (NYSE: NWS-A) announced on Tuesday that it had reached a deal to buy 9.09% of Middle Eastern media company Rotana Group, with an option to double its stake within 18 months of the deal closing. Rotana Group is owned by billionaire Suadi Arabian investor Prince...
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Needham Urges Buy CBS Corp (CBS) Ahead Of Earnings Report
Thursday, February 18, 2010 - 10:07am | 145Needham analyst Laura Martin reiterated Needham's Buy rating for CBS Corp (NYSE: CBS) and recommended that investors buy shares of CBS Corp before the broadcaster's earnings report today at 4:30pm. Martin said, "We recommend investors buy CBS going into earnings because we believe consensus...
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Warner Bros (TWX) and Redbox Reach A Deal (CSTR) (WMT) (GE) (NWS) (NFLX)
Tuesday, February 16, 2010 - 8:44pm | 211The Time Warner Inc (NYSE: TWX) movie studio Warner Bros. has reached a deal with DVD rental service Redbox, owned by Coinstar, Inc. (Nasdaq: CSTR), to wait until 28 days after new DVD titles are released to begin renting them to customers. The deal is similar to the one that Warner Bros. reached...
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MySpace (NWS) (NWSA) CEO Resigns
Wednesday, February 10, 2010 - 11:19pm | 142News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) announced on Wednesday that the Chief Executive Officer of its MySpace subsidiary, Owen Van Natta, resigned from the position he held for less than a year. Rival Facebook has been gaining market share and buzz at the expense of MySpace. Microsoft...
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News Corporation (NWS) (NWSA) Says Television Ad Market Is Headed Up
Tuesday, February 2, 2010 - 7:48pm | 97Chase Carey, Chief Operating Officer of News Corporation (Nasdaq: NWS) (Nasdaq: NWSA), told analysts during a conference call on Tuesday that the television advertising market is improving. He said things were improving for all of News Corporation's television businesses, although the economic...
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Internal Discussions At Fox Over Possible Conan O'Brien Show
Tuesday, February 2, 2010 - 7:30pm | 153News Corporation (Nasdaq: NWS) (Nasdaq: NWSA) chairman Rupert Murdoch, speaking with reporters during a conference call on Tuesday, said that his Fox network is having internal talks about offering former "Tonight Show" host Conan O'Brien a new late night program. So far, the talks are just...
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O'Brien And NBC Close To An Exit Deal
Saturday, January 16, 2010 - 5:14pm | 210NBC (NYSE: GE) and Conan O'Brien may settle their differences and pave the way for his exit as early as this weekend. Both the Associated Press and entertainment-industry news magazine Variety have quoted anonymous sources saying that NBC may pay O'Brien more than $30 million to leave "The Tonight...