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Wednesday, May 15, 2013 - 11:14am
What is Aereo and Why are Network Executives Up in Arms About It?
Let’s start with the “what.” Aereo is a technology startup, backed by IAC/Interactive (NASDAQ: IACI) that streams over-the-air broadcast television signals to iOS devices, as well as browsers on Macs and PCs. It also works on the Apple, Inc. (NASDAQ: AAPL) TV device designed to bring Internet...
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Monday, May 13, 2013 - 11:52am
Upfront Network Television Advertising Rate Hikes Could Be Better
The good news is that U.S. television broadcast networks, namely The Walt Disney Co.'s (NYSE: DIS) ABC, CBS (NYSE: CBS), News Corp.’s (NASDAQ: NWSA) Fox, and Comcast’s (NASDAQ: CMCSA) NBC, can expect advertising rate hikes of about six percent this week during the start of the important “upfront...
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Wednesday, May 1, 2013 - 12:56pm
CBS Won't Buy Hulu, Might Terminate Free TV
New York residents might soon have to pay for their favorite CBS (NYSE: CBS) TV shows. According to Bloomberg, CBS Chief Executive Les Moonves said that the network will switch to cable if Aereo wins the right to re-transmit shows without permission. Moonves did not stop there. He also told...
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Sunday, April 28, 2013 - 5:31pm
Earnings Expectations for the Week of April 29
First-quarter results from General Motors (NYSE: GM) will be one of the highlights on the earnings front this week. Analysts anticipate that the carmaker will say Thursday its revenue slipped about three percent from a year ago to $36.60 billion, but that earnings fell from $0.93 per share a year...
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Wednesday, March 27, 2013 - 6:46am
Tiger Woods is Winning Again and Wall Street Couldn't Be Happier
Everybody likes a comeback story. A person that faced adversity in the eye of the public and came out on top often receives instant approval from onlookers. Even Wall Street rewards companies for rising from the depths of certain doom. Probably the best example of that is Apple (NASDAQ: AAPL...
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Sunday, March 24, 2013 - 1:12pm
Barron's Recap (3/23/13): World's Best CEOs
This weekend in Barron's online: the annual list of the best chief executives in the world, and the prospects for Darden Restaurants, Sarepta Therapeutics and Seacor Holdings. Cover Story "World's Best CEOs" by Andrew Bary. Barron's ninth annual list of the 30 best chief executives in the...
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Monday, March 18, 2013 - 8:51am
Study Finds Social Media is Slowly Burying Newspapers and Network News
Is NBC’s Brian Williams being replaced by @someguyontwitter? Voice of America reports that, according to a new report by the Pew Research Center, 15 percent of U.S. adults first hear about a news story on a social networking site. For young people, the number is almost 25 percent. While...
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Tuesday, February 19, 2013 - 11:09am
Carnival: Triumph Disaster Will Hurt Earnings 8-10 Cents
The Carnival (NYSE: CCL) Triumph is in a Mobile, Alabama where it will undergo repairs. But for the company, the fallout from an incident that some describe as “a floating toilet” has to be contained quickly. When news first broke of the ship experiencing a fire in the engine room causing it to...
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Friday, February 15, 2013 - 8:19am
These Companies are Nervous about the Asteroid Heading for Earth Friday
On Friday, an asteroid about half of the size of a football field will be as close as 17,000 miles from Earth, according to Space.com. Asteroid 2012 DA14 is barreling toward the Earth at about 50,000-60,000 miles per hour as it arrives at approximately 2:24 pm EST. Before you conjure up images...
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Sunday, February 10, 2013 - 6:48pm
Earnings Expectations for the Week of February 11
Quarterly reports from General Motors (NYSE: GM) and Deere (NYSE: DE) will be among the highlights on the earnings front this week. The consensus forecast for the former calls for fourth-quarter earnings per share (EPS) to be more than 23 percent higher than a year ago to $0.51 per share. The...
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