The " Fast Money" traders debated on Wednesday if competitors can match AT&T's impending merger with Time Warner, after the telecom giant reported earnings in line with expectations Wednesday. The telecom giant's fourth quarter earnings met Wall Street expectations at 66 cents per share, but missed on revenue.
DETROIT The connection between Quicken Loans Inc founder Dan Gilbert and billionaire magnate Warren Buffett became evident last month with news that Buffett was backing Gilbert's surprise bid for Yahoo Inc. But the two men have another business connection that hasn't been reported: an exclusive mortgage-purchasing agreement between Quicken and a subsidiary of Buffett's conglomerate Berkshire Hathaway Inc.
The company many cable customers loved to hate -- Time Warner Cable --- is officially no more. As of January 18th, 2017, it is now Charter/Spectrum Cable. Customers like Maria Barisovitch are not sad to see TWC go. "Uh, it's overpriced," she said. Malcom Harris, meantime, is thrilled to hear a new company is taking over.
Macy's will close to a dozen stores early this year, as part of a previously announced plan to trim the retailer's massive store fleet and cut back on expenses. About this same time last year, Macy's released more than 60 locations that would close in 2017, saying 100 total closures would take place over time.
Every headline, every report, every utterance about AT&T’s merger with Time Warner indicated it was a momentous, landscape-change event. But how? How would it change the media world in ge…
Sooner or later, Stephen Colbert will get into SpongeBob’s SquarePants. Merger talks between CBS, which broadcasts the “Late Show with Stephen Colbert” and SpongeBob owner Viacom will likely result…
Long-suffering Viacom (NASDAQ:VIA, NASDAQ:VIAB) shareholders found this out recently when the company joined forces with Netflix (NASDAQ:NFLX). Under the agreement, Viacom will produce content for NFLX. CBS (NYSE:CBS) and Warner Bros. have made similar deals with Netflix.
Your usage has been flagged as a violation of our terms of service .
Two charts show what’s happened to the American economy over the past quarter century.