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Stock Market & Financial Investment News

News Breaks
February 14, 2014
16:31 EDTBRK.A, GSK, STRZA, SU, DVA, LBTYA, DISH, LMCA, USB, XOM, BRK.B, MCO, COP, USG, WFCBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: Liberty Global (LBTYA). INCREASED STAKES: Wells Fargo (WFC), Exxon Mobil (XOM), Davita (DVA), USG (USG) and US Bancorp (USB). DECREASED STAKES: Suncor (SU), ConocoPhillips (COP), Liberty Media (LMCA), Starz (STRZA) and Moody's (MCO). LIQUIDATED STAKES: Dish Network (DISH) and GlaxoSmithKline (GSK).
News For B;LBTYA;WFC;XOM;DVA;USG;USB;SU;COP;LMCA;STRZA;MCO;DISH;GSK From The Last 14 Days
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May 12, 2015
07:48 EDTWFCStandard & Poor's to hold a summit
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06:02 EDTGSKGSK CEO cites 'poor choices' in rivals' M&A deals, Financial Times reports
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May 11, 2015
15:54 EDTGSKGlaxo CEO defends strategy, warns of risks of chasing higher prices, FT says
GlaxoSmithKline (GSK) CEO Andrew Witty defends the company's shift in focus from high-priced prescription drugs to higher volume, but lower priced, products, warning that chasing ever-higher prices risks undermining the industry and may create "its own tension that leads to some kind of change,” reported Financial Times, citing an interview. Witty acknowledges the company's asset swap with Novartis (NVS) opens the door to a potential break up, but argues there are benefits to keeping pharmaceuticals, vaccines and consumer goods together and there would be “no logic” in a split at this early time after the Novartis deal, the report added. Reference Link
13:28 EDTXOM, COPOPEC sees oil at around $76 a barrel in 2025, WSJ says
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13:01 EDTDISHDISH says involved in several non-disclosure pacts since spectrum auction
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12:46 EDTDISHDISH CEO says still a few channel partners 'I'd like' on Sling TV
Sling TV CEO says Sling TV service is focused on mobile first, not TV. Says Sling TV customers are "comfortable" looking at content on mobile devices.
12:36 EDTDISHDISH CEO says auctions represent the company's 'core skill'
Says if involved, expects to participate in the 600Mhz auction at a "high level."
12:34 EDTDISHDISH says would like to participate in 600Mhz incentive auction
Says main focus is getting through the AWS-3 auction.
12:28 EDTDISHDISH says majority of impact from programmer disputes has passed
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12:24 EDTDISHDISH says difficult to bundle without ESPN
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12:17 EDTDISHDISH CEO says Sling TV should contribute 'meaningful revenue'
Says Sling TV results are "encouraging." Comments from Q1 earnings conference call.
10:01 EDTXOMExxon Mobil announces Cold Lake project expansion begins production on schedule
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08:21 EDTCOPMitsubishi UFJ to hold a tour
Energy Tour travels throughout Houston and San Antonio, Texas to meet with various energy companies on May 11.
08:18 EDTWFC, USBBanks executives seek to push back on 'false, damaging' statements, WSJ reports
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06:17 EDTDISHDISH reports Q1 Pay-TV churn rate 1.65%
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06:15 EDTDISHDISH reports Q1 EPS 76c, consensus 40c
Reports Q1 revenue $3.72B, consensus $3.74B. Reports Q1 subscriber-related revenue $3.69B.
06:12 EDTDISHDISH activated 554K gross new Pay-TV subscribers
DISH activated approximately 554,000 gross new Pay-TV subscribers compared to approximately 639,000 gross new Pay-TV subscribers in the prior year’s first quarter. Net Pay-TV subscribers declined by approximately 134,000 in the first quarter. The company closed the first quarter with 13.84M Pay-TV subscribers, compared to 14.10M Pay-TV subscribers at the end of first quarter 2014. Pay-TV ARPU for the first quarter totaled $86.01, compared to first quarter 2014 Pay-TV ARPU of $82.36. Pay-TV subscriber churn rate was 1.65% versus 1.42% for first quarter 2014. DISH added approximately 14,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 591,000. DISH added approximately 53,000 net broadband subscribers in the first quarter 2014.
06:11 EDTDISHDISH reports Q1 net income attributable $351M vs. $176M last year
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06:04 EDTCOPCalifornia AG announces $11.5M settlement with ConocoPhillips, Phillips 66
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05:58 EDTGSKUNC, GlaxoSmithKline create dedicated HIV Cure center
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