EBay shares rose following earnings, while SanDisk sank on weak guidance and Microsoft rose on layoffs.
Time Warner may have initially rejected 21st Century Fox's takeover bid but Wall Street hardly views a deal for the owner of HBO and Warner Bros. Studios to be over.
With declining viewership and interest, the All-Star Game has fallen on hard times, despite its value to Fox and Major League Baseball's sponsors.
U.S. stock futures slip; IBM and Google to report earnings; GE is seeking a buyer for its appliance business; GM CEO Mary Barra to be questioned again by senators.
Google has a steady 78% of the U.S. Internet ad market, according to an Adobe analysis, while other ad networks are becoming less profitable.
Time Warner surges after rejecting an $80 billion acquisition bid from Rupert Murdoch's 21st Century Fox.
Time Warner, faced with what may be an aggressive bidder in Rupert Murdoch’s Twenty-First Century Fox, could pull a similar move as Time Warner Cable in fending off its suitors.
Time Warner shares rose on a failed takeover bid, while Yahoo! fell on a weak earnings report. Dow components IBM and Intel rose for separate reasons.
Time Warner said Wednesday it had rebuffed a takeover bid from Rupert Murdoch's 21st Century Fox's deal that comes to $80 billion dollars.
SiriusXM suffers the same disease as the federal government -- takes its revenue stream for granted and spends wildly.
It's not about ads, combining movie studies, or getting HBO. Fox's Murdoch wants Time Warner for sports.
Netflix (NFLX) shares could benefit from a 21st Century Fox (FOXA) acquisition of Time Warner (TWX).
The National Basketball Association is said to be attempting to double the TV-rights fees it receives from Disney and Time Warner's Turner Broadcasting, according to the Wall Street Journal.
The U.S. Department of Justice is investigating possible pricing coordination by Sony's Sony/ATV Music Publishing and Vivendi's Universal Music Publishing, according to a report by the Wall Street Journal.
The National Basketball Association is said to be attempting to double the TV-rights fees it receives from Disney and Time Warner's Turner Broadcasting.
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