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Stock Market & Financial Investment News

News Breaks
April 3, 2014
09:40 EDTAMCXAMC Networks upgraded to Overweight from Market Perform at Albert Fried
Price target is $97.
News For AMCX From The Last 14 Days
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July 18, 2014
12:21 EDTAMCXCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
July 16, 2014
11:45 EDTAMCXMedia stocks rally after Time Warner rejects Fox bid
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