Home   |   Business News   |   Personal Finance   |   World News   |   U.S. News   |   Technology   |   Stock Alert   |   Stock Picks  |   Breaking News  |   Forex  |   Gold
Custom Search

AMC Networks in talks to buy slice of BBC America - WSJ

Actress Maslany takes part in a panel discussion of BBC America's new series "Orphan Black" during the 2013 Winter Press Tour for the Television Critics Association in Pasadena, California(Reuters) - AMC Networks Inc is in talks to take a minority stake in BBC America, the Wall Street Journal on Wednesday cited people familiar with the matter as saying, in a deal that will team two smaller production houses known for high-quality programming. AMC, known for "Breaking Bad" and "The Walking Dead," and BBC America have been in talks for several months, the paper cited the unidentified sources as saying. Under a deal being discussed, AMC would represent BBC America in distribution negotiations with pay-TV operators, the Journal cited one of the people as saying, giving BBC America the chance to increase its presence in U.S. households and raise the fee it receives from operators. BBC America's shows include "Doctor Who" and "Orphan Black." AMC and BBC America were not immediately available for comment.

Australia shares trade at 6-year highs, resources cap gains

* ASX 200 rises 0.3 percent, set to add 4.4 percent for July SYDNEY/WELLINGTON, July 31 (Reuters) - Australian shares added 0.3 percent on Thursday to hit another six-year high with the banking sector and an uptick on Wall Street supporting gains. The banking sector climbed higher, led by Commonwealth Bank of Australia which added 0.7 percent to trade at a record high of A$83.74. National Australia Bank rose 0.6 percent, while Westpac Banking Corp climbed 0.8 percent, and said it has appointed Dave Curran as the new chief information officer.

Exclusive: Upstart trading venue IEX may prompt U.S. market rule change

Traders work on the floor of the New York Stock Exchange shortly after the market's opening in New YorkBy John McCrank NEW YORK (Reuters) - U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping upstart trading venue IEX Group's plans to become a full-fledged stock exchange. IEX was described in author Michael Lewis' book "Flash Boys: A Wall Street Revolt" earlier this year as a place for investors to place buy and sell orders without worrying that they are being "front-run" by other traders whose order transmission speeds are faster than theirs. IEX has put in place a "speed bump" ? delaying incoming orders by 350 millionths of a second, or a thousandth of the time it takes to blink -- on its trading venue, letting it update prices faster than the fastest market participants can calculate them, so that high-frequency trading firms cannot use their speed advantage to front-run others. The strategy has proved popular with investors, who have made IEX the 7th most used alternative trading system in the U.S. for the week of July 7, according to data from the Financial Industry Regulatory Authority.

S&P 500, Nasdaq end up as Fed in no rush to raise rates

Scaffolding is seen outside the NASDAQ MarketSite in Times Square in New YorkBy Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 and Nasdaq ended higher on Wednesday after the Federal Reserve gave a rosier assessment of the U.S. economy while reaffirming that it is in no hurry to raise interest rates. Among the biggest positives were bank shares, with the S&P financial index up 0.4 percent, helping to support the S&P 500. "We got the taper as expected, and the real viewpoint of the committee is they can keep monetary policy accommodative even after we reach our inflation and employment goals," said Art Hogan, chief market strategist at Wunderlich Securities in New York. Biotechnology stocks boosted the Nasdaq for a second straight day.

As Abenomics halo slips, Tokyo IPO investors press for value

By Ritsuko Ando TOKYO (Reuters) - At the New York Stock Exchange last September, buoyed by high hopes for Japan's economic revival, Prime Minister Shinzo Abe urged Wall Street to "Buy m...

S&P cuts Argentina's credit rating further as talks drag on

A view shows the Standard & Poor's building in New York's financial district(Reuters) - Standard & Poor's on Wednesday cut its credit rating on Argentina's foreign-currency sovereign debt to "selective default" even as talks between officials from Latin America's No. 3 economy and a group of holdout creditors continued in New York. S&P said that in its opinion, Argentina has now failed to make a $539 million payment due on its discount bonds due in 2033. Argentina has exhausted all legal options to avoid payment. The default rating will remain until Argentina makes a payment on the discount bonds, S&P said.

Whole Foods shares fall after sales disappoint

Whole Foods plans major marketing pushWhole Foods reported quarterly sales that fell shy of Wall Street expectations and lowered its outlook for the year, raising worries about the intensifying competition the organic and natural products ...

Stocks flatten out after Fed delivers no surprises

Trader James Dresch, right, works on the floor of the New York Stock Exchange, Monday, June 30, 2014. European stocks were lower Wednesday July 30, 2014 ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian markets.(AP Photo/Richard Drew)NEW YORK (AP) ? A cheerful report on the U.S. economy, rising profits and no surprises from the Federal Reserve left the stock market nearly where it started on Wednesday.

   S & P 500




   Latest News From CNN Money

Xtreme Eating: The 9 unhealthiest meals
No deal: Argentina's default is imminent
The 5 'worst' consumer complaints
BofA hit with $1.3 billion mortgage penalty
Federal Reserve stays on cruise control
   Latest News From The Wall Street Journal
Growth Rebound Stokes Fed Debate
Bank of America Ordered to Pay $1.27 Billion in 'Hustle' Case
Buyout Shops Look to Private-Equity Rivals for Deals
Synchrony IPO Gets a Tepid Reception
Banco Espírito Santo Posts Record Loss
  Business News
  Personal Finance
  World News
  U.S. News


                 Copyright ©2007-, Invest.