Author Archives: Scalper1

WebMD Says It’s Not For Sale, Stock Slides

WebMD (WBMD) Health Corp. saw its stock soar and then fall on Thursday as the online health care information company quieted rumors about a possible sale. “In light of recent news reports, the company is reporting that it is not currently in any negotiations to be acquired,” WebMD said in a press release on Thursday. Before the announcement, WebMD stock had been up more than 9% in midday trading in the stock market today, above 58. Afterward

Dish Web TV May Hit 2 Million Mark As Apple Stands By

Dish Networks’ (DISH) Sling Internet video service will reach 2 million subscribers by year-end, estimates Goldman Sachs, offsetting customer losses in its core satellite TV business. Apple (AAPL) has reportedly shelved its Web TV streaming service because of stalled talks with content providers. If Apple stays on the sidelines, Dish’s Sling service could emerge as the leading OTT (over-the-top) service, assuming Goldman Sachs’ estimate proves