Videos - In The News

  •      10:30 AM Angry Birds Creator Rovio Entertainment Plans IPO

    The company behind on of the most successful mobile games to date is planning on an initial public offering. Rovio Entertainment, the company behind the highly successful "Angry Birds" announced its business is strong enough for a stock market listing.

    The company released its finances...

  • 10:30 AM What's in the News: May, 7th

    This is what's in the news for Monday, May 7, 2012. The Wall Street Journal reports wireless carriers are beginning to change the terms of smartphone deals that have mostly benefited phone makers like Apple (NASDAQ:AAPL), in a move that could leave consumers paying more for devices like the...

  • 10:30 AM U.S. Treasury to Sell $5 Billion of AIG Stock

    The U.S. government is continuing to sell its stake in companies after the 2008 bailout. The U.S. Treasury Department agreed to sell $5 billion of American International Group shares in a stock offering, with AIG buying $2 billion of the total.

    Each share of the 163.9 million being sold...

  • 10:30 AM "The Avengers" Beats U.S. Box Office Record

    Superheroes are apparently better than wizards. "The Avengers", from Walt Disney's Marvel Studios, beat the box office weekend record by taking in an estimated $200.3 million domestically, greatly surpassing the previously held record of Harry Potter and the Deathly Hallows Part 2 of a take of...

  • 09:27 AM AT&T to Drop Cheaper Text Plan on August 21

    AT&T (NYSE:T) is trimming its individual messaging packages on August 21.

    The company will drop its $10, 1,000-message plan, but it will keep its unlimited messaging plan for $20.

    They also have an unlimited plan for families of up to five lines for $30 per month.

    AT...

  • 09:26 AM JM Smucker Reported Mixed Q1 Results, Top Line Up 13.6% YoY

    J.M. Smucker (NYSE:SJM) reported Q1 EPS of $1.12, ex-items, ahead of consensus estimates of $1.08 per share. Revenues for the quarter rose 13.6% year-over-year to $1.19 billion, missing consensus estimates of $1.25 billion.

    The company sees 2012 EPS of $5.00 to $5.15, ex-items, vs....

  • 09:19 AM DirecTV Unlikely to Submit First Round Bid for Hulu

    The Hollywood Reporter announced that first bids for Hulu are due late this week, more than 10 companies have likely considered making offers, but DirecTV's (NASDAQ:DTV) interest may have waned and it not that expected to make a bid.

    DIRECTV (NASDAQ:DTV) has a potential upside of 26.1%...

  • 08:23 AM Wells Fargo To Test Monthly Fee On Debit Cards

    Wells Fargo (NYSE:WFC) is planning to test a $3 monthly fee for its debit cards users in five states starting in October. The fee applies when opening a new account, and would be in addition to monthly service fees that the bank already charges. Wells Fargo did not say when it might decide to...

  • 09:56 AM Rovi, Ford to Collaborate on Digital TV Advertising Program

    Rovi Corporation (NASDAQ:ROVI) announced that it is collaborating with Ford (NYSE:F) on a comprehensive digital TV advertising program across the Rovi Advertising.

    Jeff Siegel, senior vice president of advertising at Rovi Corporation said, "We are thrilled to expand our relationship with...

  • 09:53 AM Williams Cos Affirmed Its Strong Interest In Acquiring Southern Union Company

    Williams Cos (NYSE:WMB) affirmed its strong interest in acquiring Southern Union Company (NYSE:SUG) for $44 per share in cash. The all-cash proposal represents value certainty of $44 per share to Southern Union shareholders, which is a premium of 4% over the implied value of the agreement with...