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Market Wrap For April 21: S&P 500 Extends Winning Streak To Five Days, Dow & Nasdaq Also Positive
Monday, April 21, 2014 - 4:37pm | 2987U.S. stocks rose as investors felt that earnings season is positive enough so far to reverse weakness the markets have seen in recent weeks. "Investors were braced for poor results, and at least so far, the numbers have been better than feared. We'll have a little more information to act on...
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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 7: Bears In Complete Control As Markets Get Hammered Yet Again
Monday, April 7, 2014 - 4:41pm | 1842U.S. stocks declined for the third straight day in another trading session in which Internet, social media, biotechnology and momentum stocks sold off. The Dow suffered another triple-digit point loss while the three major indices each saw declines greater than one percent. The timing of the...
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Market Wrap For April 2: Markets On Four-Day Winning Streak
Wednesday, April 2, 2014 - 4:40pm | 2499U.S. stocks rose for the fourth-consecutive day as investors found plenty of positives in today's ADP National Employment Report released today. As a result, the S&P 500 hit new all time highs of 1,893.17 while the Dow remains just a few small points away from its all time highs. The next...
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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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Netflix CEO Calls Interconnection Fees An "Arbitrary Tax"
Friday, March 21, 2014 - 1:10pm | 548In a blog post Thursday, Netflix (NASDAQ: NFLX) CEO Reed Hastings said content companies like Netflix should be given adequate network connections free of charge. Hasting’s blog post stems from the deal Netflix inked with Comcast (NASDAQ: CMCSA) this past February in which Netflix agreed to pay...
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Mergers And Acquisitions In 2014 (Thus Far)
Wednesday, February 26, 2014 - 12:59pm | 123Google (NASDAQ: GOOG) is on a bit of an acquisition spree, but it is far from the only company that is buying up startups and stalwarts this year. As most Benzinga readers are aware, Comcast and Time Warner Cable recently announced a massive merger. Actavis and Forest Laboratories announced a...
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DirecTV Boss Takes Dim View Of Comcast/TWC Merger
Friday, February 21, 2014 - 12:36pm | 581The battle is joined, as they say. DirectTV (NASDAQ: DTV) CEO, Mike White has stated his position regarding the proposed merger between cable companies Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC). That position, as might be expected, is a negative one. On a conference call...
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Hold Off On Buying That Apple TV!
Thursday, February 20, 2014 - 10:39am | 541If you are considering buying an Apple (NASDAQ: AAPL) branded Apple TV set top box anytime in the near future, you might want to reconsider – for now, at least. There are several reasons. All of them revolve around uncertainty about what’s going on in “Apple TV” world. First, there’s the...
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Weekly Highlights: Apple's iWatch Team Grows, Comcast Buys Time Warner Cable And More
Sunday, February 16, 2014 - 11:10am | 204This week Comcast (NASDAQ: CMCSA) announced its plan to acquire Time Warner Cable (NYSE: TWC) in what could be the largest merger of the year. Apple (NASDAQ: AAPL) is rumored to have beefed up its iWatch development team even though the device itself has yet to be confirmed. Google (NASDAQ: GOOG...
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Comcast-Time Warner Merger Should Be 'Dead On Arrival,' Says Former FCC Commissioner
Thursday, February 13, 2014 - 5:12pm | 596Former FCC Commissioner Michael Copps does not support the proposed merger between Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC). In a statement to the press, Copps -- who now serves as the special adviser to Common Cause's Media and Democracy Reform Initiative -- said the proposed...
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Comcast Set To Acquire Time Warner Cable And Also Reportedly Compete with Netflix
Thursday, February 13, 2014 - 11:07am | 601In the world of entertainment-related news stories, it’s what you call a double feature. Comcast (NASDAQ: CMCSA), the largest cable television operator in the U.S. will acquire the second largest, Time Warner Cable (NYSE: TWC), according to The Wall Street Journal. At the same time, the...
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#PreMarket Primer: Thursday, February 13: Comcast To Buy Time Warner Cable
Thursday, February 13, 2014 - 8:21am | 1033After a big day Tuesday, the markets took a pause Wednesday. The Dow was down about 31 points to finish the day at 15,993.94.The S&P was down less than one point to 1,819.26 and the NASDAQ was up 10 points to close at 4,201.29. This morning, U.S. markets are weak on European concerns. The...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Market Wrap For February 7: Jobs Report Not Great, But Not Too Bad
Friday, February 7, 2014 - 5:36pm | 3052U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...