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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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April 14, 2014
13:19 EDTCMCSANetflix's streaming speeds on Comcast jumped, The Verge reports
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April 10, 2014
07:49 EDTCMCSALawmakers concerned over Internet share of combined Comcast-TWC, LAT says
During merger review proceedings, legislators on the Senate Judiciary Committee expressed particular concern about the 40% nationwide share of the Internet market that would be held by a combined Comcast (CMCSA) and Time Warner Cable (TWC) if the two are permitted to merge, reported The Los Angeles Times. Reference Link
07:21 EDTCMCSAHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
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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12:01 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.
09:00 EDTARRSARRIS falls 2.3%
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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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06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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April 7, 2014
07:45 EDTARRSNoble Financial Capital Markets to hold a forum
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April 2, 2014
10:02 EDTCMCSAComcast awarded GSA schedule 70 contract for Business Ethernet
Comcast Business announced that it was awarded a Schedule 70 contract with the General Services Administration, GSA, which enables the company to sell directly to federal, state and local government customers. The initial Schedule 70 applies to Comcast Business Ethernet services. In the future, Comcast said it plans to expand the Schedule to also include its full voice product suite, as well as its Business Internet and Business TV offerings.
08:40 EDTCMCSATime Warner Cable volatility low into review of Comcast buyout
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07:51 EDTCMCSASeveral communications companies could be bought, says Oppenheimer
Oppenheimer says that the following communications companies could become takeover targets: T-Mobile (TMUS), DirecTV (DTV), DISH (DISH), Level 3 (LVLT), tw telecom(TWTC), and Rackspace (RAX). The firm calls T-Mobile "a prime target," and thinks the company has several potential suitors and is best positioned to benefit from current trends. Oppenheimer expects the major surviving companies in the space to be Comcast (CMCSA), AT&T (T), Verizon (VZ), and Sprint (S). It keeps Outperform ratings on T-Mobile, Rackspace, Comcast, and Verizon. It has Perform ratings on Level 3, tw telecom, and Sprint.
06:18 EDTCMCSAHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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