• It has been eight months since the first offer to acquire the country's third largest mobile carrier was made, and not only have the stakes been raised since then, so has the intensity.

    While SoftBank's (SFTBY) latest $21.6 billion offer for Sprint Nextel (S) has received unanimous board backing, industry experts say don't count DISH Network (DISH) out of the picture just yet.

    "Don't be surprised if DISH comes back with another counter offer, rather than just stepping aside and letting SoftBank win the day," says Bill Menezes, principal mobile phone industry analyst at Gartner in the attached video.

    For now, despite the board backing, it seems as if this deal won't be closing any time soon. "It's gotten even more intense with SoftBank increasing significantly the amount of cash it's willing to pay to Sprint shareholders," Menezes says of the contest, noting that this might be the key to successfully winning over some large shareholders who aren't interested in retaining their stake in a new Sprint.

    In fact, there's another twist emerging in the saga to take control of the ailing carrier, and that is renewed interest in acquiring its smaller rival T-Mobile (TMUS).

    Read More »

  • Can Superheroes Save the Hollywood Box Office?

    By Bernice Napach | Daily Ticker – Fri, Jun 14, 2013 10:59 AM EDT

    Can Superman Beat Iron Man? Warner Bros. sure hopes so. The studio’s $225 million Superman reboot “Man of Steel" will open in 4,207 theaters this weekend and is expected to be the blockbuster of the summer.

    The last time Superman hit theaters was in 2006 with "Superman Returns." Producers of "Man of Steel" are hoping their version of Superman will not only revive the sleepy comic book franchise but also become a bigger box office draw than "Iron Man 3" -- which has collected $1 billion in ticket sales worldwide.

    Related: Netflix Introduces New Pricing Plan: Another Qwikster Disaster or the Right Move?

    Blockbusters have earned $11 billion in profits so far this year, according to Lynda Obst, a long-time Hollywood movie producer and author of the new book, Sleepless in Hollywood: Tales from the New Abnormal in the Movie Business.

    Hollywood no longer makes movies says Obst, who produced "Sleepless in Seattle," "Contact" and "How to Lose a Guy in 10 Days."

    “We make franchises, sequels,

    Read More »

  • U.S. Will Benefit From Emerging Market Slump: Rich Bernstein

    By Michael Santoli | Breakout – Fri, Jun 14, 2013 10:28 AM EDT

    Cue the “submerging markets” quips. Stock markets in emerging economies have sunk fast this year, the benchmark iShares MSCI Emerging Markets Index (EEM) fund underwater by 13.5% in 2013, trailing the return of the U.S. Standard & Poor’s 500 index by nearly 25 percentage points.

    Veteran market strategist Rich Bernstein, founder of Richard Bernstein Advisors, says the emerging markets are likely to get worse before they get better.

    Bernstein has been correctly bullish on American stocks and sharply skeptical of the outlook for the developing economies, which he views as being over-dependent on deflating commodity prices and reckless credit creation.

    The markets are clearly coming to terms with the fact that global growth is limp and China is not reaccelerating. But Bernstein says big emerging-market companies continue to fall short of analysts’ forecasts, a sign that investors continue to maintain too much faith that the developing-markets’ magical growth story is intact.

    The pressing question for stateside investors is whether the tumult in emerging-market stock and bond markets — not to mention the palpitations gripping Japanese financial markets — will reach domestic stocks, which have already wobbled in the face of rising Treasury yields and uneven economic data.

    Read More »

  • Six years ago New York Times food writer and columnist Mark Bittman decided to change his eating habits for good. He was 40 pounds overweight and was diagnosed with high blood sugar and high cholesterol. Bittman knew that his risk of heart disease and type 2 diabetes would increase if he continued to eat the way he had been over the last 57 years. So he came up with a new strategy to get fit and be healthy without taking drugs. He emphasized plants, whole grains and fruits instead of meat and processed foods in his diet and watched as the weight melted away.

    Bittman has shared his new food mantra with the masses in his latest book “VB6: Eat Vegan Before 6:00." It’s a simple plan that anyone can follow, he says in an interview with The Daily Ticker.

    “What the science is really telling us is that we don’t eat enough plants,” he says. “We eat too much junk food. We eat too much meat. We eat too many animal products in general. The whole strategy is shifting a portion of your diet – not

    Read More »

Pagination

  1. 9
  2. 10
  3. 11
  4. 12
  5. 13
(1,000 Stories)

RATES

 
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
Save List to Portfolio »
 
Sign-in to view quotes in your portfolios.