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Stock Market & Financial Investment News

News Breaks
December 27, 2012
07:14 EDTTWC, AMCXAMC channels threatened to be kicked off Time Warner Cable, NY Post says
Time Warner Cable (TWC) is telling some of its lowest rated channels, including IFC and WE TV, which are part of AMC Networks (AMCX), that they can either go dark or get no fee at all in return for continued distribution on its service, according to the New York Post. Reference Link
News For AMCX;TWC From The Last 14 Days
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August 26, 2015
09:02 EDTTWCTime Warner Cable Business named as national vendor by MiCTA
Time Warner Cable Business Class announced the company has been selected as an approved national vendor for MiCTA, an association representing non-profit groups, including schools, healthcare, government and other organizations. The approved vendor status allows MiCTA members to take advantage of fiber-delivered Ethernet services and Dedicated Internet Access offered by TWCBC, at a pre-negotiated rate. This also eliminates the need for members to conduct their own competitive bidding for services, which makes procurement streamlined, easier and more time-efficient.
August 20, 2015
09:17 EDTAMCXDisney hit with another downgrade on TV concerns
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06:36 EDTAMCXBernstein cuts Disney, Time Warner with TV entering 'structural decline'
Bernstein analyst Todd Juenger downgraded his rating on both Disney (DIS) and Time Warner (TWX) saying the U.S. television industry is entering a period of "prolonged structural decline." With viewers moving away from ad-supported platforms to non-ad-supported, media companies with the least exposure to U.S. advertising represent the most favorable investments, Juenger tells investors in a 48-page research note on the Media sector. The analyst moved both companies to a Market Perform rating from Outperform, and lowered his price target for Disney to $114 from $125 and for Time Warner to $90 from $101. He called the downgrade of Time Warner a "very close call" as his new price target still represents 15% upside from current levels. Share performance in the entire Media sector will be challenged until the content owners take steps to "reclaim on-demand viewing" from streaming services like Netflix (NFLX) and use it to protect affiliate fees, Juenger argues. His Outperform-rated names are Nielsen (NLSN) and 21st Century Fox (FOXA). Along with Time Warner and Disney, the analyst has Market Perform ratings on AMC Networks (AMCX), CBS (CBS), Scripps Networks (SNI) and Discovery (DISCA). Juenger has an Underperform rating on Viacom (VIAB). Wells Fargo on Tuesday also downgraded Disney to Market Perform. Piper Jaffray this morning told investors that the recent pullback in shares of AMC Networks brings a "great" entry point into the name.
05:41 EDTAMCXAMC Networks selloff provides 'great' entry point, says Piper Jaffray
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August 19, 2015
10:20 EDTTWCBig telecom firms put M&A on hold, CTFN reports
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August 18, 2015
10:17 EDTTWCDisney downgraded as Wells moves away from content providers
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August 17, 2015
20:09 EDTTWCCable companies test virtual reality offerings, Variety says
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