Disney gets green light from Shareholders to purchase Fox Assets

[CNBC.com]: Chief executive officer and chairman of The Walt Disney Company Bob Iger walks on the floor of the New York Stock Exchange (NYSE) before ringing the opening bell, November 27, 2017 in New York City. Twenty-First Century Fox and Walt Disney Company shareholders have approved a deal to allow Disney to purchase the majority of Fox’s […]

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Apple hits new all-time high, while other tech stocks tank (including Facebook)

Apple withstood the tech plunge Thursday, holding tight to its all-time highs even as Facebook drags the sector lower,” Sara Salinas reports for CNBC. “Shares of Apple were essentially flat in midday trading, down a fraction of 1 percent. Earlier in the day, the stock reached a new high of $195.96.” “Meanwhile, Facebook is on […]

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Intel Data Center Results, Margin Outlook Disappoints and the Company’s Shares Drop

(Reuters) – Intel Corp’s fast-growing data center business missed Wall Street targets on Thursday as the world’s second-largest chipmaker faced stiff rivalry from Advanced Micro Devices Inc, and it again delayed the release of its next-generation chips until the end of 2019. The company’s shares fell almost 5 percent in extended trading. Sales to data […]

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