It's beginning to look like cord-cutting may not lay waste to the traditional pay-television providers as many expected. After 2015, when the entire industry lost only about 385,000 customers, signs continue to mount that the trend may peter out. That's especially good news for Charter Communications (NASDAQ: CHTR), which just became the No.
Image source: Pfizer. What: Shares of Irish-based pharmaceutical giant Allergan (NYSE: AGN), which is perhaps best known for its dermatology and aesthetic product line -- which includes Botox -- shed 19% of their value in April, according to data from S&P Global Market Intelligence. The reason behind the decline can be found in a bevy of new U.
IMAGE SOURCE: FLICKR/LENDINGMEMO. COMThe start to 2016 has been a bit of a roller coaster. Investors were expecting interest rates to climb this year, which led to a big 10% dip at the beginning of the year. But since interest rates have fallen still further (10-year Treasury yields are down about 40 basis points), investors have piled back into stocks, putting the S&P 500 back in the black.
Strong results from its Turner broadcasting and Home Box Office divisions helped Time Warner (NYSE: TWX) post record profit for its fiscal first quarter this week. The entertainment conglomerate benefited from restrained growth in programming costs, too, which helped profitability take a big step up. Here's how the Q1 results compared to the prior-year period:Q1 2016 ActualsContinue reading
The first quarter was an extremely difficult one for the energy sector given the collapse of crude during the quarter. That difficulty was reflected in DistributionNOW's (NYSE: DNOW) first-quarter report, which was released before the market opened on Wednesday. The company continues to take advantage of the situation using its strong balance sheet to snap up a growing supply of bolt-on businesses.
Image source: Priceline. Online travel specialist Priceline Group (NASDAQ: PCLN) constantly has to deal with the ups and downs of the travel industry, and changes in the timing of key holidays and events can have a big impact on its quarterly results. Although those impacts tend to even out in the long run, they nevertheless can cause fear among those looking at results in a shorter time frame.