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#PreMarket Primer: Thursday, July 17: Russia Hit With New Sanctions
Thursday, July 17, 2014 - 7:17am | 1273Russia has been slapped with a new set of sanctions designed to economically isolate the nation as President Vladimir Putin has ignored calls from the U.S. and the EU to use Moscow’s influence to end the conflict in Ukraine. The new round of sanctions steps up U.S. efforts to hurt the...
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Earnings Continue Driving Markets Higher
Wednesday, July 16, 2014 - 5:23pm | 3415U.S. stocks rose as investors and traders find comfort in corporate earnings that continue to come in at better-than-expected levels. Although it's still very early in to earning season, Intel Corp. (NASDAQ: INTC) reported better-than-expected results and stronger-than-expected PC sales,...
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#PreMarket Primer: Tuesday, February 18: Big Merger Deals In The Works
Tuesday, February 18, 2014 - 8:37am | 884Friday, the Dow ended the day 126.80 points higher to finish at 16,154.39. The S&P was up 0.5 percent, or about 9 points, to 1,838.63 and the NASDAQ was nearly flat to close at 4,244.02. This morning, U.S. markets are nearly flat. The Dow is indicated up about 6 points while the S&P is...
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Amazon Paid $700K For Each Episode Of 'Under The Dome'
Wednesday, December 11, 2013 - 4:28pm | 461Amazon (NASDAQ: AMZN) seems to have paid a fairly high price for CBS' (NYSE: CBS) hit drama. During a UBS investor conference, CBS Chief Exec Les Moonves said that Amazon paid $700,000 for the digital streaming rights of each episode of Under the Dome. It's not uncommon for TV networks to spend $...
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New 3-D Films Planned Despite Eroding Public Interest
Monday, August 12, 2013 - 2:16pm | 557Despite the fact that the number of screens showing 3-D films increased to nearly 15,000 in 2012, moviegoers are showing less interest in the three-dimensional format. According to The New York Times, this summer’s 3-D offerings like Turbo, produced by DreamWorks (NASDAQ: DWA) and distributed...
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FOX Taking Over As Broadcast Partner For The U.S. Open
Friday, August 9, 2013 - 9:01am | 638The PGA Championship kicked off Thursday and with notables like Tiger Woods and Phil Mickelson both well off of the lead and CBS (NYSE: CBS) and Time Warner Cable (NYSE: TWC) choosing not to give 3.5 million people the opportunity to watch it, the tournament has the potential of being...
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'The Wolverine' Misses Revenue Expectations, But Still Takes #1 Weekend Spot (FOXA)
Tuesday, July 30, 2013 - 1:39pm | 483Headlines in the mainstream press indicate that 21st Century Fox's (NASDAQ: FOXA) The Wolverine was a box office disappointment. The film earned $141 million worldwide last weekend. More than half of that revenue ($86.1 million) came from ticket sales outside of the United States. Hollywood is...