Tag Archives: CBS

Yahoo (NASDAQ:YHOO) Expands Portfolio with Tumblr Acquisition; $1.1 Billion Pact

The Sunnyvale, California-based Yahoo! Inc (NASDAQ:YHOO) is acquiring blogging network Tumblr Inc, headquartered in New York, for almost $1.1 billion as CEO Marissa Mayer tries to attract more users and advertisers with her priciest acquisition to date.

Yahoo, the biggest …

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AOL’s (NYSE:AOL) Patch Unit Chief Executive Jon Brod to Step Down – AOL, CBS, MCHX, IACI

Chief executive officer of AOL, Inc’s (NYSE:AOL) local-news division Patch Jon Brod is departing from the position and will return to AOL Ventures, the investment business.

AOL chief executive officer Tim Armstrong reported in an internal memo obtained by Bloomberg …

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Google Inc (NASDAQ:GOOG) Profit Tops Wall Street Estimates – GOOG, WBMD, CBS, VLTC

The Mountain View, California-based Google Inc (NASDAQ:GOOG) on Thursday announced profit that surpassed Wall Street forecasts as advertisers lifted spending on mobile and video promotions.

Google, owner of the world’s biggest Internet search engine, reported in a statement that profit …

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Services Stocks under Review: Google (NASDAQ:GOOG), Walt Disney (NYSE:DIS) – GOOG, DIS, CBS, NIHD, MEG, RSO

Services sector finished positively with +1.01 percent change. NII Holdings, Inc (NASDAQ:NIHD) and Media General, Inc (NYSE:MEG) were major percentage gainers in this sector while key percentage decliner was Resource Capital Corp (NYSE:RSO).

Google Inc (NASDAQ:GOOG) was sued in London …

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Most Active Stocks Watch List: CBS (NYSE:CBS), Lions Gate Entertainment (NYSE:LGF) – CBS, LGF, DIS, SONC, MPG, NFLX, JPM

Investors reacted positively to the services stocks on Tuesday. Key movement was observed in Sonic Corporation (NASDAQ:SONC) and Mpg Office Trust Inc (NYSE:MPG) on percentage gainers side while Netflix, Inc (NASDAQ:NFLX) was most active stock.

CBS Corporation (NYSE:CBS) announced on …

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Liberty Media (NASDAQ:LMCA) Operating Income Tumbles in Fiscal Q4

The Englewood, Colorado-based Liberty Media Corp (NASDAQ:LMCA) announced a 91% drop in operating income for fiscal Q4 on Wednesday, while revenue tumbled by over 50%.

Revenues drop were primarily linked with special revamping of deferred revenue and expenses at technology …

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