Apple hits intraday record high for first time since 2015 Apple Inc shares hit an intraday record high on Tuesday for the first time almost two years as investors raised bets that a 10th anniversary iPhone will boost lackluster sales. The S&P 500's largest component has climbed 50 percent from lows in the first half [...]
Time Warner’s profit and revenue top estimates (Reuters) – Time Warner Inc reported higher-than-expected fourth-quarter results, largely due to box office hits such as the "Harry Potter" spinoff "Fantastic Beasts and Where To Find Them."
U.S. refiners face weakening demand at pump for first time in 5 years U.S. refiners are facing the prospects of weakening gasoline demand for the first time in five years, stoking fears that earnings this year may be even worse than the dismal performances seen in 2016. The sign of weakening U.S. gasoline demand comes [...]
New York sues Time Warner for ‘defrauding’ users with slow internet New York Attorney General Eric Schneiderman recently announced a lawsuit against Time Warner Cable for allegedly promising internet service to customers that it couldn't deliver.
New York sues Charter, alleges Time Warner fraud on internet speeds New York filed a lawsuit on Wednesday accusing Charter Communications Inc of short-changing customers who were promised faster internet speeds than it could deliver. The lawsuit in State Supreme Court in Manhattan accused Charter's Spectrum unit, until recently known as Time Warner Cable, of [...]
Democratic senators want AT&T to detail Time Warner deal benefits By David Shepardson WASHINGTON (Reuters) – Thirteen Democratic senators on Wednesday asked AT&T Inc to explain how its planned $ 85.4 billion takeover of Time Warner Inc is in the public interest, as the company hopes to avoid a review of the deal by the [...]
Japan’s annual exports up for first time in 15 months on global demand Japan's annual exports rose for the first time in 15 months in December, led by shipments of car parts and electronics, underscoring a pickup in global demand and adding momentum to the export-reliant economy's recovery. Ministry of Finance data showed on Wednesday [...]
McDonald’s U.S. sales drop for first time in six quarters Shares of McDonald's, operator of the world's largest fast-food chain, fell as much as 2 percent to $ 119.84 in early trading on Monday. Comparable international restaurant sales also beat analysts' expectations due to a strong performance in the UK, China, Japan and certain markets [...]
AT&T chief executive, Trump meet amid planned Time Warner merger AT&T Chief Executive Officer Randall Stephenson had an hour-long meeting in New York on Thursday with U.S. President-elect Donald Trump, who has opposed the company's planned acquisition of Time Warner Inc . A spokeswoman for Trump confirmed the meeting after Stephenson was seen entering Trump [...]
AT&T does not expect to seek FCC approval to buy Time Warner WASHINGTON (Reuters) – AT&T Inc said on Friday it expects to bypass a powerful telecommunications regulator in its planned $ 85.4 billion acquisition of Time Warner Inc .