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'Somewhat Concerned' Wells Fargo Downgrades An Indebted AT&T
Wednesday, August 22, 2018 - 11:55am | 479Read More...AT&T Inc. (NYSE: T) is the largest telecom company, and it's also become the world's largest non-bank issuer of debt, according to Wells Fargo — and that second fact was a driver of the sell-side firm's Wednesday downgrade. The Analysts Wells Fargo analyst Jennifer ...
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#PreMarket Primer: Wednesday, October 29: Fed Likely To End Bond Purchases
Wednesday, October 29, 2014 - 7:50am | 1334Read More...The U.S. Federal Reserve will likely announce its exit from the markets on Wednesday afternoon after having injected $85 billion per month into the U.S. economy at the height of the crisis. The bank will likely finish tapering its quantitative easing program and withdraw the final $15 billion...
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#PreMarket Primer: Friday, June 13: US Threatens To Get Involved As ISIS Presses Forward
Friday, June 13, 2014 - 7:16am | 1061Read More...After Sunni-led Islamist militants pressed closer to Baghdad on Thursday night, US President Barack Obama threatened to intervene through military air strikes if the movement continues further. The Islamic State in Iraq and the Levant overtook Mosul, Iraq’s second largest city, at the...
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Google Chromecast Making TV Executives Nervous (GOOG)
Friday, July 26, 2013 - 9:41am | 718Read More...The premiere of the Google (NASDAQ: GOOG) Chromecast streaming device has excited the masses to the point the device is already sold out and on backorder. Related: Google's Sold-Out Chromecast Soars to $100 on eBay It has also raised concerns, on the part of television executives and others...
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Here Come Hollywood's Wannabe Summer Blockbusters
Monday, May 20, 2013 - 11:47am | 715Read More...With The New York Times reporting Friday that “a record number of big-budget action-and special effect-laden blockbusters” are set to open between May and the end of August, Hollywood’s tactic this summer appears to be “shock and awe” versus a more measured approach. It’s all about that...
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A Perfect Storm of News Causes Netflix to Tumble 11 Percent
Thursday, April 4, 2013 - 9:32am | 691Read More...Apparently, exoneration by the Securities and Exchange Commission isn’t the cure-all one would think it would be. At least not for Netflix (NASDAQ: NFLX). Despite the fact that the government agency absolved Netflix CEO Reed Hastings of wrongdoing after Hastings used a Facebook (NASDAQ: FB)...
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Goldman Sachs Comments On Time Warner 1Q11 Revenue Growth
Thursday, May 5, 2011 - 9:11am | 115Read More...According to Goldman Sachs, Time Warner (NYSE: TWX) reported 1Q2011 revenue growth of 6% yoy, 6% ahead of our estimate due primarily to Film; an operating income decline of 11% yoy, 2% better than our estimate, helped by Film, hurt by Cable Network margins; and EPS of $0.58, just above our estimate...
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Movie Theaters Brace For Profit-Slashing Winter Storm (CNK, RGC, IMAX)
Tuesday, February 1, 2011 - 1:44pm | 355Read More...It looks like the number-one movie in America is getting a new competitor this week: a major snow storm. The Rite (from the Warner Bros. division of Time Warner Inc. (NYSE: TWX)) landed the top spot at the box office with $15 million. No Strings Attached (from Paramount (NYSE: VIA)) earned just...
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Coinstar (CSTR) Upgraded To Buy, Shares Surge Nearly 9%
Wednesday, February 17, 2010 - 11:25am | 104Read More...Shares of Coinstar, Inc. (Nasdaq: CSTR) are up nearly 9% in early trading after being upgraded by Brigantine from Hold to Buy. Yesterday, Coinstar released strong financial results and Coinstar's Redbox DVD rental service reached a deal with the Time Warner Inc (NYSE: TWX) movie studio Warner Bros...
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AOL, Inc. (AOL) Returns To Profitability
Wednesday, February 3, 2010 - 7:00pm | 143Read More...Web services company AOL, Inc. (NYSE: AOL) returned to profitability in its first quarterly report since being spun off by Time Warner Inc. (NYSE: TWX). AOL, Inc. reported net income for the 4th quarter of just $1.4 million, or 1 cent per share, compared with a loss of $1.96 billion, or $18.52 per...
