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Market Wrap For May 7: Dow Banks Triple-Digit Point Gain While Nasdaq Closes Lower
Wednesday, May 7, 2014 - 4:35pm | 2687Read More...U.S. stocks were mixed as Federal Reserve Chair Janet Yellen presented a prepared testimony which did not rattle investors. The Dow posted a triple-digit point gain after falling 43 points. The Nasdaq, on the other hand, declined as many momentum and Internet names were hit hard. Russian...
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Could A Ruling Against Aereo Kill The Cloud?
Wednesday, April 23, 2014 - 10:09am | 825Read More...U.S. Supreme Court justices Tuesday seemed to be wondering aloud whether the case against startup Aereo was also linked to cloud computing. The Associated Press reported Justice Stephen Breyer saying, “Are we somehow catching other things that would really change life and shouldn’t?” The “...
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Warren Buffett's Basketball Bracket Madness Ends Twice
Monday, March 24, 2014 - 11:39am | 518Read More...Warren Buffett inspired people to take a chance on a dream with the Quicken Loans Billion Dollar Bracket Challenge. Registration for QuickenLoans Billion Dollar Bracket closed on March 20 at 1:00 a.m. EDT, and the fun was over for many shortly after the games started. "If it gets down to the...
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The Fall of Ratings King 'American Idol'
Sunday, March 16, 2014 - 4:01pm | 728Read More...American Idol was once the hottest show on American television. But after 13 seasons and more than 400 episodes, the once-popular reality TV series is slowly turning into a ratings joke. To be fair, American Idol is still one of the higher-rated shows. More than 10 million people tuned in to...
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Has The 'Smoke' Shifted For Marijuana Conservatives?
Thursday, March 13, 2014 - 2:23pm | 1077Read More...Last week at the Conservative Political Action Conference (CPAC), a straw poll surprisingly indicated that the Republican party’s conservative wing is in favor of some form of marijuana legalization. This is a positive sign for marijuana stock traders, as the conservative movement has...
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Google Partnering With comScore To Attract Major Advertisers
Wednesday, February 12, 2014 - 1:12pm | 649Read More...It’s not just about timely data. It’s also about trust. Google's (NASDAQ: GOOG) partnership with comScore (NASDAQ: SCOR) is designed to provide major advertisers, like Kellogg, with timely data from a trusted source. The move, Google and comScore said, would provide better and faster data about...
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Signs Pointing Toward Another Santa Claus Rally In 2013
Monday, December 23, 2013 - 12:14pm | 709Read More...There has been debate this year, as always, about whether a ‘Santa Claus rally’ would happen. In fact, the seasonal anomaly in which abnormally positive returns take place in the market during the month of December has happened 80 percent of the time over the past 20 years. This year, some...
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Amazon Paid $700K For Each Episode Of 'Under The Dome'
Wednesday, December 11, 2013 - 4:28pm | 461Read More...Amazon (NASDAQ: AMZN) seems to have paid a fairly high price for CBS' (NYSE: CBS) hit drama. During a UBS investor conference, CBS Chief Exec Les Moonves said that Amazon paid $700,000 for the digital streaming rights of each episode of Under the Dome. It's not uncommon for TV networks to spend $...
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Don't Expect A la Carte Cable Service Any Time Soon
Monday, December 9, 2013 - 11:17am | 516Read More...If you’re anxiously looking forward to that wonderful day when your cable TV service becomes a la carte, there’s some bad news waiting for you: that’s not likely to happen in your lifetime, according to one report. According to Laura Martin from Needham & Co., if cable bundles were to go...
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New Univision-HSN Partership Underscores Growing Strength of U.S. Hispanic Consumers
Thursday, November 14, 2013 - 2:39pm | 815Read More...Another sign of the growing strength and influence of Spanish-language broadcasting in the United States: HSN (NASDAQ: HSNI), the multi-channel, interactive home shopping network, has started a partnership with Univision Communications, to create what it calls “the first fully integrated...
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New Comcast App Supports Live Streaming of ESPN, Other Channels
Tuesday, October 29, 2013 - 4:39pm | 604Read More...In a move that could send shivers up the spine of Aereo and other cord-cutting services, Comcast (NASDAQ: CMCSA) will allow users to stream select channels through a mobile device. There's just one catch: the current channel lineup leaves a lot to be desired. According to Variety, the new...
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AMC's 'The Walking Dead' Setting a New Horror Standard
Friday, October 11, 2013 - 2:02pm | 576Read More...Historically, Halloween was a time when regular network television series gave a passing nod to the popular holiday with perennial “Trick or Treat” episodes. Cable channels dusted off their stash of old horror flicks and viewers enjoyed such offerings as Comcast (NASDAQ: CMCSA) owned, Syfy...
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Facebook Sharing Social Media Conversations with TV Networks (FB)
Wednesday, October 2, 2013 - 12:34pm | 561Read More...Facebook (NASDAQ: FB) aims to make America’s four biggest TV networks an offer they can’t refuse – at least one they won’t want to refuse. The offer is to begin sending weekly reports, letting ABC, CBS, Fox, and NBC know how much chitchat their programs generate on the popular social network,...
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FOX Taking Over As Broadcast Partner For The U.S. Open
Friday, August 9, 2013 - 9:01am | 638Read More...The PGA Championship kicked off Thursday and with notables like Tiger Woods and Phil Mickelson both well off of the lead and CBS (NYSE: CBS) and Time Warner Cable (NYSE: TWC) choosing not to give 3.5 million people the opportunity to watch it, the tournament has the potential of being...
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Comcast Might Sell Hulu to a Growing Rival
Thursday, June 6, 2013 - 3:46pm | 390Read More...Comcast (NASDAQ: CMCSA), one of three corporations that currently owns Hulu, might hand the property off to one of its pay-TV rivals -- AT&T (NYSE: T). According to AllThingsD, the telecommunications giant is currently in discussions with Chernin Group -- one of the many firms that wants a...
















