By Scott MaloneBOSTON (Reuters) - General Electric Co's GE quarterly earnings topped Wall Street expectations on Friday, as it kept costs in line despite sluggish demand for jet engines, railroad locomotives and other heavy equipment.The results showed the largest U.S. conglomerate's efforts to stabilize itself after two brutal years seemed...
By Scott MaloneBOSTON (Reuters) - General Electric Co GE is on track to report its eighth straight quarter of profit declines on Friday, with investors looking for evidence the largest U.S. conglomerate is stabilizing its hefty finance unit.Chief Executive Jeff Immelt last month told Wall Street that the world's biggest...
By Jui Chakravorty and Anupreeta DasNEW YORK (Reuters) - First-round bids for the debt-ridden MGM studio were due Friday afternoon, but most of the bids are expected to trickle in through the weekend, sources familiar with the matter said.It was unclear if any bids had come in as of late...
t could cost Comcast as much as $17 billion to fully buyout General Electric and become sole owner of NBC Universal in five years in a move that will squeeze excess cash flow, but provide leverage to make major changes in media business. by Diane Mermigas
Fancast's xFinity TV, formerly known as "TV Everywhere", is Comcast's attempt at preserving cable revenue as consumers move online. by Catharine P. Taylor
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No matter what the world's largest cable company says or what it does, it gets no respect. That's even the case when, like yesterday, the Philadelphia-based firm reported that fourth-quarter earnings more than doubled. How did Wall Street respond? It sent Comcast's shares down. And they're trading down again today...
No matter what the world's largest cable company says or what it does, it gets no respect. That's even the case when, like yesterday, the Philadelphia-based firm reported that fourth-quarter earnings more than doubled. How did Wall Street respond? It sent Comcast's shares down. And they're trading down again today...
CHICAGO MarketWatch -- Comcast Corp. and NBC Universal executives, testifying before a congressional panel Thursday, reiterated that their proposed merger won't harm video competition, but opponents expressed concerns about consumer pricing and fair access to important programming for rivals of the combined company.In testimony before the House Subcommittee on Communications,...
Comcast, the nation's largest cable operator with 23.6 million customers, is launching a massive rebranding campaign Feb. 12 to reflect the changing technological and consumer landscape, attaching the Xfinity name to its entire product line and its platforms.Starting this Friday, the Philadelphia-based MSO will begin rolling out the new Xfinity...
Premier Destination for Horror, Thriller and Suspense Celebrates George Romero's 70th Birthday with Zombie-themed Tweets, Free Zombie Movies, Tributes from Genre Notables like 'Pan's Labyrinth' Director Guillermo Del Toro and 'World War Z' Author Max Brooks, Zombie Birthday Cakes, Zombie Haikus & More
The Switched Digital Video (SDV) technology is likely to boom in near future as more and more large cable MSOs in the U.S. are gradually moving towards overall services convergence. SDV technology distributes digital video content through cable network in a cost-effective manner so that additional uses can be made using the free bandwidth. Cable [...]
The Switched Digital Video (SDV) technology is likely to boom in near future as more and more large cable MSOs in the U.S. are gradually moving towards overall services convergence. SDV technology distributes digital video content through cable network in a cost-effective manner so that additional uses can be made using the free bandwidth. Cable ...
Earnings surprises have become much less surprising. For the last few quarters, most companies small and large have been reporting earnings that have beaten Wall Street analyst estimates. Two major forces drive this outperformance. These 5-star stocks beat earnings estimates and still look like good values.[More...]
New York, Feb 4th (TradersHuddle.com) - Stocks took a beating on concern that out of control sovereign debt, particularly in the euro zone, and an unexpected increase in jobless claims will derail the global economic recovery. The Dollar surged against the euro as investors sold risky assets and sought safe haven ass. Read More --
Comcast Corp. (CMCSA) reported better-than-expected fourth quarter 2009 financial results. Quarterly GAAP net income was $955 million or 33 cents per share, compared to just $412 million or 14 cents per share in the prior-year quarter.
However, in the fourth quarter of 2009, the company recognized $130 million (4 cents per share) of income tax benefit. [...]
The S&P 500 index is sitting right on top of two critical support points. There is not much wiggle room from here and the need to stay above the 1085 level on close will determine if bears are really back in control.
For now, the convergence of support and the 100-day MA are not to be [...]
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Nvdia (NVDA) is all about the look. No, they are not stuck on themselves, rather they are focused on creating the ultimate visual media experience. Enhancing the visual experiences via computer monitors, televisions and even the big (and little) screens are just some of their talents.
Nvidia has several initiatives that are in progress and while [...]
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Comcast (CMCSA) had news that both helped and hurt the stock in that last few days. First, the NBC deal that would help to expand their content and distribution was seem as a positive for the company. There were a few flies in the ointment, but overall it was an exciting opportunity, as long as [...]
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