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Wikipedia's top articles of 2019 include blockbuster movies, up-and-coming musicians, real life events and more. Yahoo Finance's Alexandra Canal breaks it down. Zack Guzman, Brian Cheung, and Netflix Co-Founder Marc Randolph also join in on the conversation.
Nvidia shares have soared roughly 60% in the last year as part of a broader semiconductor market climb that has come despite an overall sales and earnings downturn. So is now the time to buy NVDA stock?
No matter how pessimistic the stock market gets, one thing remains true, Jim Cramer told his Mad Money viewers Friday. Cramer dedicated all of Friday's episode to the art and science of technical analysis, picking the best charts from his weekly "Off the Charts" segment and analyzing even closer. Cramer said it's because charts are like the footprints at the scene of the crime, clues to what the big money managers are likely thinking.
CenturyLink (CTL) wins a mini contract from the U.S. Department of the Interior to deliver modern network services for the preservation of nation's natural resources.
Candace Parker has started business ventures in real estate and media production outside of her duties as a studio analyst.
The DVD – once the must-have in family rooms around the country – is getting some much-needed help from two unlikely partners.
The task order calls on CenturyLink to deliver managed core network and security services across the Department of Interior's enterprise network
Remember how the cable industry was going to crash as subscribers cut the cord and started streaming everything? Morgan Stanley analyst Benjamin Swinburne said the cable industry in 2019 was a surprisingly good year. The sector, which saw stocks up about 45%, is winning not necessarily on traditional cable TV but as a provider of broadband internet.
One of the fastest growing companies in the TV technology industry has reached an agreement with former NBA star Dwyane Wade in a deal that makes him the brand’s first U.S. ambassador. Hisense USA, which is headquartered out of Suwanee, Ga., is partnering with the three-time NBA champion in a multi-year comprehensive marketing deal. Wade will support the brand’s efforts by being featured in marketing campaigns and supporting product launches.
AT&T is gearing up for earnings at the end of the month - when the telecommunications and media company reports its numbers in a week or so, analysts are looking for earnings of about 87 cents a share. At a glance, AT&T has been a great example of an outperforming blue-chip name: Shares have posted total returns of 31.4% in the trailing 12 months, beating the rest of the S&P 500 in the process. On the surface, it might look like AT&T's momentum is stalling.
Comcast’s NBCUniversal unveiled a new streaming service that will be free to many customers, separating itself from a pack of Hollywood giants looking to persuade people to pay for online television. Comcast, the dominant US cable provider, is offering Peacock to its traditional television customers for free.
A controversial proposed cell tower near Ophir won an appeal by the Placer County Planning Commission of its previous denial by a zoning administrator.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Representatives of two top business groups warned that it’s getting increasingly harder for foreign companies to put their money in Mexico and said that messages from President Andres Manuel Lopez Obrador’s government that hinder investment need to stop.In a rare critique of the current administration, Carlos Salazar, head of one of the largest Mexican business groups, CCE, said companies need a message of certainty from the Lopez Obrador administration to move away from conflicts.At the same event in Mexico City, Claudia Janez, the head of a group representing global businesses, spoke out even more forcefully against government interference in investment, saying it’s the main cause of economic stagnation in Mexico.Mexico’s gross domestic product remained flat last year in large part because of the “systemic change of rules to doing business and the constant political messages against the markets and companies,” said Janez, president of the Executive Council of Global Companies (CEEG).The economy even dipped into a slight recession in the first half of 2019 after Andres Manuel Lopez Obrador scrapped a $13 billion airport project before becoming president in December, and then suspended private oil auctions once in power. His government staged a months-long dispute with several pipeline operators after it decided to change the terms of natural gas contracts signed with the previous administration.“Companies make long-term investment decisions. Changing rules doesn’t help growth,” said Salazar, who has served as a liaison between the business community and the government.Mexico’s AMLO Still Working to Win Over Private Sector SkepticsIn recent months, Lopez Obrador has been trying to win over private sector skeptics, but hasn’t delivered what they want, which is mainly a return to business-friendly policies such as the oil auctions. Gross fixed investment, which includes spending in factories and machinery, has fallen for nine consecutive months through October, the longest losing streak since the 2009 recession.Janez, who is also president for Latin America at DuPont de Nemours Inc., stressed Mexico needs to be clear on why it deserves investment over other countries and that free trade deals will mean nothing if the country doesn’t address its security issues.She said security has become the number one concern for many companies operating in the country and that some of them are now spending an extra 30% to 40% of their fixed costs to protect themselves. “Insecurity should not be the new normal,” she said.Decisions to allocate money for Mexico became even harder in the second half of 2019, Janez said, an unusual situation considering that the country was expected to become a natural destination for investment amid the China-U.S. trade war. Members of her business group include Exxon Mobil Corp. and AT&T Inc.Salazar said he remains optimistic Mexico can reach growth goals in the future. He cited an infrastructure plan from November as a token of hope.Salazar is helping broker a second investment plan, this time for the energy sector, that could be announced this month or next.(Adds comments from Janez and Salazar starting in 10th paragraph.)To contact the reporters on this story: Cyntia Barrera Diaz in Mexico City at email@example.com;Andrea Navarro in Mexico City at firstname.lastname@example.orgTo contact the editors responsible for this story: Nacha Cattan at email@example.com;Ney Hayashi at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
NFLX is the worst performing FAANG stock over the last 12 months, down 2.5%. Here's what to expect from Netflix's Q4 2019 earnings results...
Comcast stock has clawed near an entry point in early 2020 while telecom firms Verizon Communications and AT&T; stock fall below 50-day moving averages. Comcast reports earnings Jan. 23.
Overall, AT&T; has lost some ground since 2016, the last year Sqoop looked at the data, while Texas Instruments showed improvement.
(Bloomberg Opinion) -- Traders who make a living betting on mergers still won’t touch T-Mobile US Inc. and Sprint Corp.’s deal with a 10-foot pole. The wireless carriers may have been able to butter up two federal regulatory authorities by using the wonders of a 5G-powered America to distract from their deal’s likely competitive harm. Even so, merger-arbitrage traders live in a world of mathematical probabilities informed by laws and legal precedents, and on that basis, it’s hard to imagine that the judge presiding over a case brought by a group of state attorneys general opposing the deal will rule in the companies’ favor. Lawyers for both sides each delivered closing arguments Wednesday, with a decision from U.S. District Judge Victor Marrero expected to come some time in February. Analysts largely view the odds as a toss-up, if not slightly tipped in T-Mobile and Sprint’s favor. But the equity market paints a meaningfully different picture: The per-share value of T-Mobile's offer is 67% higher than where Sprint's shares are trading, by far the biggest spread of any pending U.S. deal. The wide gap implies that traders see an extremely low likelihood that the transaction gets done, and Sprint options activity is sending the same signal.Of course, this also means that if the companies do win in court, some traders popping antacids right now stand to make a substantial return. But for the most part, arbitrageurs have chosen to stay away. “This is one of those seminal situations in merger arb history,” said Roy Behren, a portfolio manager for the Merger Fund at Westchester Capital Management, which oversees $4 billion of assets. He found T-Mobile and Sprint’s arguments persuasive — that together the companies will be able to build out a nationwide 5G service faster, and that Sprint doesn't have the capital or scale it needs to compete. But the potential downside is painfully large, and so it’s simply too hard to make a bet on what will happen. “We like the case, but that doesn’t mean we want to risk shareholders’ money on something where we don’t have a huge conviction,” Behren said in a phone interview. The case may come down to Dish Network Corp. and its assigned role in ensuring the U.S. wireless market remains competitive. Makan Delrahim, the head antitrust enforcer at the Department of Justice, is placing incredible faith in Dish that it can fill the hole Sprint leaves behind and become a formidable new competitor to T-Mobile, AT&T Inc. and Verizon Communications Inc., even though it will most likely take years for Dish to live up to those expectations.T-Mobile has relied heavily on the argument that its brand as the customer-first “Un-carrier” means it can be trusted not to raise prices in the meantime, Blair Levin, an analyst for New Street Research, wrote in a report this week. The idea is that with Sprint, it will be able to spread out its network costs across a larger subscriber base and thus keep plan rates low. But as the state attorneys general have noted, AT&T and Verizon have greater scale and higher prices. Judges look at facts and precedent. Just as there was a compelling case to make against AT&T acquiring Time Warner last year in what amounted to a massive vertical consolidation of market power, it was hard to articulate this with facts and not just speculation about what might happen, because of the lack of precedent. The judge in that matter said early on, “I guess I have to get a crystal ball,” which judges do not like to do, and sure enough, he opted to stick with the facts as they were. The Justice Department and Federal Communications Commission have already given their blessing, which carries weight and could mean Judge Marrero will, too. But then if they could look in a crystal ball and see the consequence of doing so, they may not like what they see. Even the stock market knows that the deal shouldn’t go through.To contact the author of this story: Tara Lachapelle at email@example.comTo contact the editor responsible for this story: Beth Williams at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tara Lachapelle is a Bloomberg Opinion columnist covering the business of entertainment and telecommunications, as well as broader deals. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
NBC unveiled details about its new streaming service, Peacock, which is expected to be available in July 2020. Yahoo Finance’s On The Move panel discusses how it will compete with other streaming services already available.
Tivo has announced that the company will release a new streaming service called Tivo Stream 4K. CEO and President of Tivo David Shull joins On The Move to discuss the details.