Yahoo Finance Shrek just moved to Comcast
Today we discuss political donors, Comcast's purchase of DreamWorks Animation, and the Priceline scandal.
Stocks (^DJI, ^GSPC, ^IXIC, ^RUT) are mixed midday, reversing a large drop in pre-market trading after the Bank of Japan announced no new stimulus and the U.S. GDP missed estimates, coming in at 0.5%. Tech (XLK) is finally leading the markets up for the first time this week thanks to a huge Facebook (FB) earnings beat after the bell Thursday. Utilities (XLU) are lagging but are down only slightly.
Joining Jen Rogers to discuss some of the other big stories of the day are Yahoo Finance's Rick Newman and Scott Rostan, president and founder at Training The Street.
How much bang for the buck are political donors getting?
As we head into the final stretch of the presidential primaries, it's coming down to just a few big names. No matter who wins, one thing is for sure: A record amount of money has been spent buoying both the winners and losers.
Shrek is coming to Comcast
Comcast just announced that the pending buyout of DreamWorks Animation is now a sure thing. The $3.8 billion deal will add substantial titles to Comcast's media holdings, which already include Universal Pictures. What will this do for Comcast?
Priceline CEO forced to step down after illicit affair
The CEO of Priceline, Darren Huston, is stepping down after reports surfaced of a relationship he had with an employee. Jeffery Boyd, the chairman and former CEO, will serve as Priceline's interim CEO. How much of a blow will this be to the company?
