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Stock Market & Financial Investment News

News Breaks
September 19, 2012
10:32 EDTARRS, CMCSAArris sinks after analyst highlights loss of Comcast business
Communications technology company Arris (ARRS) is retreating after Jefferies analyst James Kisner wrote in a note to investors that his sources indicated Comcast's (CMCSA) latest Xfinity Wireless Gateway product was made by Technicolor. The analyst's sources had previously indicated that Arris provided all of Comcast's Wi-Fi terminal adaptors. While Kisner expected Arris to eventually lose some of the Comcast business, the design win by Technicolor happened sooner than he had anticipated. Nonetheless, Kisner still sees significant earnings upside potential for Arris in 2013 and kept a Buy rating on the stock. In mid-morning trading, Arris fell 44c, or 3.14%, to $13.58.
News For ARRS;CMCSA From The Last 14 Days
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August 17, 2014
20:16 EDTCMCSAFCC must decide on TWC arrangement as it reviews Comcast deal, WSJ says
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August 15, 2014
09:46 EDTARRSARRIS management to meet with Jefferies
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07:38 EDTCMCSAComcast met with FCC this week to argue for deal, NY Post says
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August 14, 2014
17:08 EDTCMCSASoros Fund Management gives quarterly update on stakes
NEW STAKES: CONSOL Energy (CNX), Google (GOOG), Level 3 (LVLT), Time Warner (TWC), and New Oriental (EDU). INCREASED STAKES: YPF SA (YPF), Apple (AAPL), Facebook (FB), AIG (AIG), and American Airlines (AAL). DECREASED STAKES: Teva (TEVA), Liberty Global (LBTYK), Barrick Gold (ABX), EQT (EQT), and Comcast (CMCSA). LIQUIDATED STAKES: FedEx (FDX), Monster Beverage (MNST), Google (GOOGL), Devon Energy (DVN), Marathon Petroleum (MPC).
09:07 EDTCMCSAMorgan Stanley to hold a conference
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August 13, 2014
10:10 EDTARRSARRIS management to meet with Needham
Meetings to be held in Denver on August 18 and in the Pacific Northwest on August 19 hosted by Needham.
August 12, 2014
10:38 EDTCMCSAAxial collects $11M from backers, Fortune says
Private company financing online platform Axial has collected nearly $11M in Series B funding from backers such as Redpoint Ventures, First Round Capital and Comcast Ventures, according to Fortune, citing comments from Axial CEO Peter Lehrman. Comcast Ventures was the primary backer. Reference Link
August 7, 2014
13:25 EDTCMCSAEarnings Preview: CBS shares little changed since Q1 report
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August 6, 2014
13:12 EDTCMCSAAT&T mulls buying CSN Houston, Bloomberg says
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