Posts Tagged Corporate news

Comcast deal may be dead, but cable consolidation will go on

This Feb. 11, 2011 file photo shows the Comcast logo on one of the company's vehicles, in Pittsburgh. Wall Street appears increasingly convinced Comcast’s $45.2 billion purchase of Time Warner Cable is dead.  telling indicator is the gap between the value Comcast’s all-stock bid assigned to each Time Warner Cable share and Time Warner Cable stock’s current price. That was at its widest point yet Thursday, April 23, 2015, a signal that investors are giving just 20 to 30 percent odds that the deal will go through, said Nomura analyst Adam Ilkowitz. (AP Photo/Gene J. Puskar, File)

NEW YORK (AP) — Even though Comcast’s $45.2 billion bid for Time Warner Cable is dead, consolidation among the companies that pipe in our TV, phone and Internet will carry on.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Reports say Comcast plans to drop $45B Time Warner Cable bid

This Feb. 11, 2011 file photo shows the Comcast logo on one of the company's vehicles, in Pittsburgh. Wall Street appears increasingly convinced Comcast’s $45.2 billion purchase of Time Warner Cable is dead.  telling indicator is the gap between the value Comcast’s all-stock bid assigned to each Time Warner Cable share and Time Warner Cable stock’s current price. That was at its widest point yet Thursday, April 23, 2015, a signal that investors are giving just 20 to 30 percent odds that the deal will go through, said Nomura analyst Adam Ilkowitz. (AP Photo/Gene J. Puskar, File)

NEW YORK (AP) — Comcast is abandoning its $45.2 billion purchase of Time Warner Cable, according to media reports.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , ,

Diversity Study: Super Bowl ads less gender offensive

In this photo taken Dec. 6, 2010, GoDaddy.com girl Jillian Michaels, fitness trainer & "Biggest Loser" celebrity, is seen during the filming production of a 2010 Super Bowl television commercial for "GoDaddy.com" at the Delfino Studios in Sylmar, Calif. In previous years, Super Bowl ads routinely used gratuitous sexual content, gender stereotypes and gender roles to sell a company’s product or service. However, Richard Lapchick, the primary author of a recent diversity study on Super Bowl Ads, said the use of sex to sell and objectifying women was very limited in 2015's broadcast. But women and people of color remain vastly underrepresented among the creative directors producing those advertisements, the study added. (AP Photo/Damian Dovarganes, File)

While Super Bowl XLIX commercials were more sensitive and less gender offensive than in past years, women and people of color remain vastly underrepresented among the creative directors who are producing those ads, according to a diversity study released Wednesday.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , ,

Wyndham announces 10-year extension to sponsor PGA event

GREENSBORO, N.C. (AP) — The annual PGA Tour event in Greensboro will keep its title sponsorship with Wyndham Worldwide through 2026.

Read the rest of this entry »

Tags: , , , , , , , , , , , , ,

Microsoft’s 3Q earnings grow 31 pct; stock falls

In this Jan. 5, 2011 file photo, Microsoft chief executive officer Steve Ballmer gives his Keynote speech for the Consumer Electronics Show, in Las Vegas. Microsoft reports quarterly earnings Thursday, April 28, 2011, after the market close.(AP Photo/Julie Jacobson, file)

Microsoft Corp.’s latest quarterly earnings rose 31 percent even as sales of its Windows operating system sagged.

Read the rest of this entry »

Tags: , , , , ,