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Colorado Legislature Approves Banking System For Marijuana Businesses
Monday, May 12, 2014 - 1:28pm | 662Read More...The Colorado legislature made history last week with the approval of the world’s first marijuana banking system. Though the feds announced guidance for banks on how to deal with marijuana-based businesses, this new cannabis focused credit co-op system would provide true access to financial...
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Is Amazon Building An Unnecessary Smartphone?
Friday, May 2, 2014 - 3:25pm | 522Read More...New images continue to indicate that Amazon (NASDAQ: AMZN) is building its first smartphone. But is this a product that the company actually needs to release? Needham & Co. analyst Kerry Rice thinks Amazon should not bother entering this crowded and highly competitive market. "I don't...
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Time Warner Reports Q1 2014 Earnings
Wednesday, April 30, 2014 - 12:31pm | 399Read More...Shares of Times Warner, Inc. (NYSE: TWX) are trading up approximately two percent following the release of its first quarter 2014 earnings report. In addition to reporting its earnings, Time Warner also provided updated guidance for the rest of fiscal 2014. CEO Jeff Bewkes commented, "We are...
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Amazon's 'Big Spender' Act Not Impressing Investors
Monday, April 28, 2014 - 1:21pm | 693Read More...Amazon.com (NASDAQ: AMZN) shares continued dropping Monday after CEO Jeff Bezos told investors last week the company would continue spending-as-usual. Amazon shares were trading at $290.01, down $13.82 or 4.55 percent at midday Monday. One of the key drivers of investor malaise seemed to be the...
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Amazon Revenue Grows Despite Spending Increase
Friday, April 25, 2014 - 9:52am | 666Read More...Amazon (NASDAQ: AMZN) closed up nearly four percent Thursday at $337.15, prior to an earnings report that featured higher than expected revenue growth and earnings that met analysts’ diminished forecasts. The revenue growth came despite an increase in spending on such items as technology,...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441Read More...U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Amazon/HBO Deal The Kind That Would Make Reed Hastings Jealous
Wednesday, April 23, 2014 - 9:58am | 350Read More...Amazon.com (NASDAQ: AMZN) on Wednesday announced it has entered a multi-year deal to bring award-winning HBO shows to its Prime Members. This is the kind of deal that would make Netflix (NASDAQ: NFLX) CEO Reed Hastings (and Netflix costumers) jealous. Amazon Prime will soon begin showing all...
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Weekly Highlights: Amazon's First Smartphone, Google's Latest Acquisition And More
Sunday, April 20, 2014 - 11:04am | 176Read More...This week was an unusual one. Instead of being dominated by headlines from Apple, the week proved to be ruled by Google (NASDAQ: GOOG). The search engine giant made a key acquisition, filed a promising patent, and received investor hype from Jim Cramer. Amazon (NASDAQ: AMZN), whose newly...
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'Game of Thrones' Fans Have A Surprising Secret
Thursday, April 17, 2014 - 9:30am | 660Read More...Game of Thrones is one of the most popular shows on cable, earning an average of six million viewers for the first airing of new episodes. That number rises with each repeat airing, along with online streams from Time Warner's (NYSE: TWX) HBO Go. Peer-to-peer downloads greatly increase the total...
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HBO Is Losing Millions of Dollars to 'Game of Thrones' Pirates
Thursday, April 17, 2014 - 9:16am | 564Read More...Time Warner's (NYSE: TWX) HBO is losing millions of dollars to a large number of Game of Thrones fans who can't or won't subscribe to cable. Tru Optik, a startup that provides real-time and predictive audience intelligence for the media, entertainment and advertising industries, estimates that HBO...
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CEO of Brewery Ommegang Talks High-End 'Game Of Thrones' Beer And Sales
Friday, March 21, 2014 - 11:54am | 260Read More...Simon Thorpe, CEO of Brewery Ommegang, spoke on CNBC's Squawk Box Thursday morning about their new line of Game of Thrones beers based on the HBO show, as well as social media engagement's affect on sales. Thorpe painted a picture of Brewery Ommegang as a tiny spot tucked away in upstate New York...
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Does The Drop In Cable Subscriptions Mean The Streaming Revolution Has Begun?
Thursday, March 20, 2014 - 1:55pm | 649Read More...A new report from business analysis firm, SNL Kagan said that by the end of 2013 cable companies had more than a quarter million (251,000) fewer subscribers on the rolls than at the beginning of the year. The jury, however, might still be out on whether that fact signals the beginning of a...
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Who Is The Yellow King? HBO GO Crashes Just As 'True Detective' Fans Seek Identity
Monday, March 10, 2014 - 10:57am | 717Read More...Nothing upsets die-hard Time Warner (NYSE: TWX) owned HBO True Detective fans like the inability to stream the series’ final premiere season episode on their smartphones, tablets and computers via HBO GO. Yet, that’s exactly what happened. HBO GO posted this message on their...
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Netflix Could Lose 'House Of Cards' And 'Orange Is The New Black' In 2015
Tuesday, February 25, 2014 - 4:02pm | 940Read More...Could Netflix (NASDAQ: NFLX) survive without its two most critically acclaimed dramas? The short answer is "yes" -- but it could be more difficult for the firm to achieve its long-term goal of becoming HBO faster than HBO can become Netflix. Given that risk, why would Netflix give up either...
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Comcast Set To Acquire Time Warner Cable And Also Reportedly Compete with Netflix
Thursday, February 13, 2014 - 11:07am | 601Read More...In the world of entertainment-related news stories, it’s what you call a double feature. Comcast (NASDAQ: CMCSA), the largest cable television operator in the U.S. will acquire the second largest, Time Warner Cable (NYSE: TWC), according to The Wall Street Journal. At the same time, the...















