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Amazon, Walmart Going Head To Head In What Could Be A Huge Third-Party Win
Thursday, July 6, 2017 - 9:10am | 620Read More...Wal-Mart Stores Inc (NYSE: WMT) is certainly not waving the white flag of surrender. To the contrary, it is starting to steer third-party sellers away from Amazon.com, Inc. (NASDAQ: AMZN)'s merchant platform. “For merchants, Walmart today is what Amazon was a decade ago: a vast frontier with...
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Verizon Going After Disney? Maybe.
Monday, July 3, 2017 - 12:33pm | 561Read More...It’s certainly not impossible that Verizon Communications Inc. (NYSE: VZ) is considering acquiring Walt Disney Co (NYSE: DIS). But if this New York Post rumor plays out at all like the others, the deal is not likely. Since Verizon’s purchase of Yahoo, which now trades under Altaba Inc (...
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Ackman Vs. Biden: Former VP Gets Fist-Shakingly Feisty With Hedge Fund Manager
Wednesday, June 28, 2017 - 2:51pm | 551Read More...Joe Biden, the former vice president who once mused about beating up then-candidate Donald Trump last year, shook his fist at hedge fund trader Bill Ackman and may have even threatened to punch him out during a testy exchange at a ritzy dinner in Las Vegas, reports say. A verbal skirmish took place...
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Why Sheryl Sandberg Won't Leave Facebook For Uber
Thursday, June 22, 2017 - 11:27am | 490Read More...Sheryl Sandberg left her job as vice president of global sales and operations at Google (parent company, Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL)) to join Facebook Inc (NASDAQ: FB) and serve as its chief operating officer in 2008. But perhaps more important, her job at Facebook provided the...
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Massive Media Layoffs Begin As Verizon Juggles HuffPost, AOL, Yahoo
Thursday, June 15, 2017 - 10:27am | 379Read More...Immediately after completing its acquisition of Yahoo! Inc. (NASDAQ: YHOO), Verizon Communications Inc. (NYSE: VZ) began trimming its expanding media portfolio. The Huffington Post, operated by Verizon subsidiary AOL, laid off 39 employees Tuesday, including the publication’s lone Pulitzer...
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SiriusXM And Pandora Reportedly In Talks; SunTrust Considers Potential Deal
Thursday, May 18, 2017 - 10:52am | 422Read More...Shares of Pandora Media Inc (NYSE: P) were trading higher by more than 6 percent Thursday morning after the company was named as a potential acquisition target. The New York Post reported after Wednesday's market close that Sirius XM Holdings Inc. (NASDAQ: SIRI) is in talks to acquire Pandora. A...
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MSG Networks Downgraded By Macquarie Amid Sale Talks
Wednesday, April 5, 2017 - 2:06pm | 434Read More...The New York Post reported earlier this week MSG Networks Inc (NYSE: MSGN) is looking to sell itself. Analysts at Macquarie commented on the reports, noting that while it makes sense for the company to sell itself, it would be prudent to downgrade the stock's rating. Macquarie's Tim Nollen...
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BofI Holding Addresses 'Inaccurate And Substantively Misleading' Tabloid Story
Friday, March 31, 2017 - 10:50am | 403Read More...BofI Holding, Inc. (NASDAQ: BOFI), short for Bank of Internet USA, claims in its own words to be the "oldest and most trusted internet bank." A New York Post report stated that federal agents are conducting a probe into possible money laundering. The report suggested that the U.S. Justice...
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After Boats, Seaplanes And Autonomous Cars, Uber's Latest Experiment Is Food
Monday, March 6, 2017 - 3:25pm | 570Read More...Even as Uber faces perhaps the most challenging time in its short corporate history, the ride-sharing app continues to add new features to its basic model, with the latest being the expansion of the UberEATS service. The food delivery is adding a lunch feature with access to 55 restaurants in...
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A Timeline Ahead Of Time's Buyout
Sunday, March 5, 2017 - 9:05pm | 693Read More...Time Inc (NYSE: TIME), which was spun off from Time Warner Inc (NYSE: TWX) in mid-2014, could be another casualty of an industry-wide malaise that has rendered print media on the brink of extinction. As print advertising revenues suffered, the company was striving to make a mark in the digital...
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To The Rescue: Cerberus Capital Riding In To Save Rite Aid?
Friday, January 27, 2017 - 4:02pm | 401Read More...Cerberus Capital, a major private equity player, has entered its name into the ongoing Walgreens Boots Alliance Inc (NASDAQ: WBA)–Rite Aid Corporation (NYSE: RAD) merger saga. Retail Sales As part of the proposed acquisition of Ride Aid by Walgreens, the two companies would need to divest...
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The Latest Content Pick: Verizon For Charter?
Thursday, January 26, 2017 - 10:56am | 456Read More...Shares of Charter Communications, Inc. (NASDAQ: CHTR) were trading higher by more than 10 percent ahead of Thursday's market open following a Dow Jones report that suggested the company is seeking a combination with Verizon Communications Inc. (NYSE: VZ). At the same time, shares of Verizon...
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Fred's Shares Pull Back After Its Ability To Handle Rite Aid Store Purchase Questioned
Wednesday, December 28, 2016 - 1:35pm | 306Read More...Fred's, Inc. (NASDAQ: FRED), a relatively small discount retailer and full service pharmacy chain, attracted investor attention on December 20 when it agreed to buy hundreds of stores and certain assets from Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD) for $...
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Amazon Go Stores Facing False Job Killing Charges?
Friday, December 9, 2016 - 1:38pm | 747Read More...The online retail juggernaut Amazon.com, Inc. (NASDAQ: AMZN) is flexing its muscles in the grocery market with breakthrough technologies that could wipe away competition by pinching margins and profitability and also could potentially leave many Americans stranded without a job, so the argument...
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Viacom Wants In On Vice
Friday, December 2, 2016 - 10:46am | 315Read More...Media conglomerate Viacom, Inc. (NASDAQ: VIAB, led by new CEO Robert "Bob" Bakish, is said to be considering buying a stake in millennial digital media start-up Vice, according to a New York Post report “Bakish wants to make his mark on the struggling media giant and is out to show his board...














