Twitter (TWTR) Said to Offer Less than Rivals in NFL Broadcast Bid
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NFL Rights Seen as Cheap Way for Twitter (TWTR) to Grow Users - Baird
April 5, 2016 2:00 PM EDTBaird analyst Colin Sebastian weighed in on Twitter, Inc. (NYSE: TWTR) after the company acquired streaming right from the NFL for Thursday night football. He doesn't view the deal as a "Hail Mary".
Sebastian notes that while the term were not disclosed (reports indicate ~$10M price-tag for 10-game slate), the rumored interest of other high-profile companies (Facebook/Amazon/Verizon/Yahoo) suggests the deal was highly sought-after among internet... More
After rally, earnings gloom takes hold on Wall Street
April 5, 2016 7:32 AM EDTBy Noel Randewich
(Reuters) - Wall Street fell sharply on Tuesday as investors took gains off the table following a recent rally and ahead of an upcoming quarterly reporting season that is expected to reveal sharply lower earnings.
Following a 13-percent surge over the past seven weeks, the S&P 500 declined 1.01 percent, with all 10 sectors down and a sharp drop in pharmaceutical company Allergan.
It was the S&P's first decline in six sessions, leaving the index flat for 2016.
As S&P 500 companies hand in their first-quarter reports over the next several weeks, average earnings... More
Twitter to stream Thursday night NFL games in 2016 season
April 5, 2016 7:22 AM EDTBy Jessica Toonkel and Narottam Medhora
(Reuters) - The National Football League has chosen Twitter as its exclusive global partner for streaming its Thursday night games during the 2016 regular season, the parties said on Tuesday, a deal that could help the social media site expand its user base.
CBS Corp (NYSE: CBS) and Comcast Corp (NASDAQ: CMCSA) unit NBC, which won the broadcast rights in February, could also gain more viewers via Twitter, TV executives said.
Twitter Inc (NYSE:... More
UPDATE: Twitter (TWTR) Wins Rights to Stream NFL Thursday Night Games
April 5, 2016 7:03 AM EDT(Updated - April 5, 2016 8:57 AM EDT)
Twitter (NYSE: TWTR) was said to have won NFL deal to stream Thursday night games, according to Bloomberg headlines.
UPDATE - The following was posted by the official NFL account to Twitter on... More
