TiVo reported today that it added approximately 288,000 total subscriptions in the second quarter, more than triple the number it added in Q2 of last year. According to TiVo, the company's total installed base has more than doubled to approximately 1.9 million in the past twelve months. Service reve...
Eastman Kodak has signed an agreement to purchase National Semiconductor's imaging business unit, which develops and manufactures metal oxide semiconductor image sensor (CIS) devices. Terms of the agreement were not disclosed. As part of this agreement, Kodak will acquire certain assets, including i...
HP has confirmed that it is planning to acquire UK services firm Synstar in a deal believed to be valued at around US$160 million.
Loudeye today announced a multiyear agreement with the multimedia business group of Nokia to develop a wireless digital music platform for mobile operators and their subscribers worldwide. This agreement includes a multimillion dollar commitment to Loudeye for development fees and defines a global c...
Consumer spending fell sharply in June as fuel prices continued to put a crimp in discretionary purchases and amid overall concern about the economy, the government reported today. The Commerce Department said consumer spending fell .7 percent in June, the largest single-month drop in three years an...
Hollinger International sold the Telegraph newspaper and related assets to Britain's Barclay brothers Friday for $1.3 billion, the Independent said Friday.
Oil prices eased off record highs, giving investors enough breathing room to move Wall Street slightly higher on Thursday after another round of positive earnings reports. The Dow finished higher by 12.17 points, closing at 10,129.24. The Nasdaq was also up, gaining 22.80 points, or more than 1.2 pe...
Crude oil prices soared Wednesday, reaching their highest levels in 20 years after another violent day in Iraq and more bad news from Russia's Yukos renewed fears about supplies to the U.S. and other countries being impacted by terrorism. During the trading day, prices for crude futures actually set...
The price of crude oil hit a record high of 43 dollars per barrel Wednesday in the NYMEX futures' market. Trading prices dropped again to 42.85 dollars but remained above previous record of 42.45 dollars per barrel, set on June 2. Wednesday's top price, asked for oil to be delivered in September, wa...
Consumer confidence jumped more than 3 points this month, reaching a two-year high and providing a sign that the economy might be in for another burst of growth. The news was enough to send the bulls running on Wall Street, driving the Dow up by triple digits and ending a lengthy skew of losing or f...
BMC Software today announced financial results for its fiscal 2005 first quarter ended June 30, 2004. BMC Software's net earnings excluding special items for the first quarter of fiscal 2005 were $32.1 million, or $0.14 per diluted common share, which compares to $0.03 a year ago and the company's r...
Stocks were unable to muster much of a bounce today off the lows set at the end of last week as investors fretted about what government economic reports to come out later this week would suggest about whether corporate profit growth will slow in coming months. The Dow moved only a fraction of a poin...
Good - It's entertaining and makes sporting events more interesting.
Bad - It increases the risk of gambling addiction and financial loss.
Neutral - The benefits and drawbacks are equally significant.
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