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Stock Market & Financial Investment News

News Breaks
January 28, 2014
05:49 EDTAOL, CMCSA, YHOO, FOXAAs news websites grow, ad dollars harder to find, WSJ reports
The online news market is becoming a crowded field as some 12 companies have announced new ventures in the past few months alone, reports the Wall Street Journal. Ad buyers and industry executives say the proliferation as well as the automation in ad sales is lowering advertising pricing making it more difficult for sites to turn a profit from traditional online advertising. Reference Link
News For AOL;CMCSA;YHOO;FOXA From The Last 14 Days
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April 10, 2014
07:21 EDTCMCSA, FOXAHulu's head of original programming development to leave company, AdWeek says
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06:48 EDTYHOOYahoo's strategy similar to past efforts, Re/code says
Yahoo, which is reportedly looking to become a major player in Internet video, was working on similar initiatives in mid-2012, according to Re/code. Reference Link
06:26 EDTYHOOYelp deal with Yahoo receives criticism from small business owners, WSJ reports
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06:04 EDTYHOOYahoo hires Bobbi Brown to be editor-in-chief of beauty site, Re/code reports
Yahoo (YHOO) has hired Bobbi Brown, the creator of Bobbi Brown Cosmetics (EL), to be the editor-in-chief of its beauty site, Re/code reports, noting that several of Yahoo's big advertisers -- L'Oreal (LRLCY), Procter & Gamble (PG) and Unilever (UN, UL) -- are competitive with Bobbi Brown Cosmetics. Reference Link
April 9, 2014
14:37 EDTYHOOYahoo likely to report 'tepid' quarter, BGC says
BGC's Colin Gillis said he expects Yahoo to report another "tepid quarter" when it reports earnings next week, with the firm expecting revenue to be flat year-over-year with underlying metrics that are discouraging. Gillis added that the near-term valuation for Yahoo's stake in Alibaba, which has aided investor enthusiasm for Yahoo, has likely peaked, and the firm maintains a Hold rating and $34 price target on shares.
07:31 EDTCMCSASenate Judiciary Committee to hold a hearing
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07:28 EDTCMCSAComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTCMCSAComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
14:36 EDTCMCSADirecTV confirms new agreement reached with Weather Channel
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14:22 EDTCMCSAWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
12:55 EDTCMCSAComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:24 EDTYHOOYahoo quarter 'lackluster,' near deal for Chief Revenue Officer, Re/code says
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12:01 EDTCMCSAComcast says consumers would benefit from acquisition, The Hill says
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09:04 EDTCMCSAAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:57 EDTCMCSASmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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07:52 EDTCMCSAComcast, Time Warner execs go before critic at hearing, Reuters says
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07:28 EDTYHOOFour Internet stocks attractive after pullbacks, says Stifel
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06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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06:27 EDTFOXAMajor movie studios file lawsuit against Megaupload, Engadget reports
The MPAA announced that major movie studios have filed a civil lawsuit against filesharing site megaupload two years after federal investigators shut down the website and filed criminal charges against its founder, reports Engadget. The lawsiut targets the site's Uploader Rewards program with the claim that the business model was "designed to encourage theft." Reference Link
April 7, 2014
08:53 EDTAOLAOL names William Pence Chief Technology Officer
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