| Apr 22, 2014
| 1:01 PM
Netflix has emerged as one of the biggest foes of Comcast's proposed merger with Time Warner Cable.
Despite a recent agreement in which the digital programmer agreed to pay the cable and broadband giant for a direct connection to its 20 million high-...
| Feb 11, 2014
| 6:34 PM
Virgin America, the California-based airline backed by billionaire Sir Richard Branson, is planning to go public this year now that the air carrier has two consecutive profitable quarters behind it.
Investment banks Barclays and Deutsche Bank have...
| Oct 28, 2013
| 7:36 AM
Apple will report fourth-quarter earnings Monday, but it’s not what happened last quarter that Wall Street really cares about.
Wall Street expects that Apple’s growth continued to slow for the quarter that ended Sept. 30. Consensus analyst...
| Jan 20, 2014
Republican governor hopeful Bruce Rauner has shaped a campaign narrative as a business-savvy, detail-oriented Mr. Fixit in a state in dire need of fixing. But there's one investment in the venture capitalist's portfolio that diverts sharply from that...
| Oct 22, 2013
| 4:32 PM
Activist investor Carl Icahn said he sold nearly 3 million shares in Netflix, noting he reaped a substantial windfall from his investment in the online video service.
Icahn said he decided it was time to cash out, after the rapid appreciation of the...
| Nov 14, 2013
| 12:55 PM
MGM Holdings Inc., the parent of Metro-Goldwyn-Mayer Inc., on Thursday reported third-quarter net income of $16.6 million, buoyed by the strong performance of "Skyfall" and “The Hobbit: An Unexpected Journey" on home entertainment platforms.
| Jan 23, 2014
| 9:58 AM
United Continental Holdings, the Chicago-based parent of United Airlines, on Thursday said it turned a profit of $1.1 billion in 2013, an 84 percent increase over the previous year, helped by strong fourth-quarter earnings that exceeded Wall Street...
| Feb 20, 2014
| 2:16 PM
Hewlett-Packard reported first-quarter earnings Thursday that beat analysts' expectations even as the company reported another decline in revenue.
HP said revenue for the first quarter ending in January was $28.2 billion, down from $28.4 billion, or...
| Oct 17, 2013
| 10:51 AM
UnitedHealth Group Inc., the nation's largest health insurer, reported a tiny uptick in third-quarter profit, disappointing investors who have bid up the company's shares in recent months.
The Minnetonka, Minn., company said government funding cuts to...
| Feb 21, 2014
| 10:30 AM
Charter Communications may have been blindsided by Comcast's $45 billion bid last week for Time Warner Cable -- topping Charter's hostile takeover offer -- but president and CEO Tom Rutledge said the operator continues to be interested in growing by...
| Jan 8, 2014
| 7:31 AM
J.C. Penney Co. said it’s “pleased with its performance for the holiday period” and reaffirmed its forecast for the fourth quarter.
The Plano, Texas, company, which has struggled with an identity crisis in recent years, said...