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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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5 Improvements Cable Needs To Survive
Tuesday, August 19, 2014 - 9:25am | 1013Broadband Internet access is now more popular than cable TV. "That's been the industry trend," Albert Fried & Company analyst Rich Tullo told Benzinga. "The fact that we're now over half is somewhat important." This is a sign of the changing times, but is there...
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Thursday's Selling Momentum Continues Into Friday
Friday, August 1, 2014 - 4:33pm | 2380U.S. stocks picked up where they left off after Thursday's sharp sell-off as positive earnings reports yet again took a backstage to geo-political uncertainties. Not helping the bull cause was nonfarm payrolls, rising by 209,000, less than the 233,000 expected. The jobless rate also ticked...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Comparing The Reynolds & Lorillard Merger With Comcast & Time Warner
Thursday, July 17, 2014 - 1:48pm | 665Reynolds American (NYSE: REI) has agreed to buy rival Lorillard (NYSE: LO) for $27.4 billion. Comcast (NASDAQ: CMCSA) has proposed spending $45 billion to acquire Time Warner Cable (NYSE: TWC). Shareholders and regulators on both cases would have to approve the mergers, and in...
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AT&T Reported To Be Exclusive Carrier Of Amazon 3D Smartphone
Wednesday, June 18, 2014 - 9:03am | 714Amazon’s (NASDAQ: AMZN) Wednesday launch of a 3D capable smartphone will include news that AT&T (NYSE: T) will be the exclusive carrier for the device, according to sources who spoke with The Wall Street Journal. Amazon and AT&T have already forged a strong partnership since the...
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$50 Billion AT&T DirecTV Merger Reportedly Two Weeks Away
Tuesday, May 13, 2014 - 10:35am | 668As if Federal regulators didn’t have enough to mull over with Comcast's (NASDAQ: CMCSA) proposed acquisition of Time Warner Cable (NYSE: TWC), now comes word that AT&T (NYSE: T) is close to “sealing the deal” on a takeover of DirecTV (NASDAQ: DTV). The AT&T/DirecTV merger would...
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AT&T Said To Be Considering Acquisition Of DirecTV
Thursday, May 1, 2014 - 2:23pm | 701AT&T (NYSE: T) was in the process of considering a move to acquire satellite provider DirecTV (NASDAQ: DTV), according to sources who spoke with the Wall Street Journal Thursday. The deal would likely be worth $40 billion, DirecTV’s current market capitalization. The combination of AT&T...
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Is Netflix Turning Your Cable Box Into A VCR?
Tuesday, April 29, 2014 - 10:25am | 439Three U.S. cable providers that use TiVo (NASDAQ: TIVO) set-top boxes will be integrating Netflix (NASDAQ: NFLX) onto their platforms: Atlantic Broadband, Grande Communications, and RCN Telecom Services. “Watching Netflix [will be] as easy as changing the channel" for customers, according to...
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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The End Of Net Neutrality, Or A New Attempt At Fairness?
Thursday, April 24, 2014 - 4:35pm | 608In a story first reported by The Wall Street Journal, the Federal Communications Commission was expected on Thursday to propose new rules regarding net neutrality -- a broad concept that all Internet traffic should be treated equally. Depending on who was commenting, the new rules would either...
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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...