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Stock Market & Financial Investment News

News For CBS;DIS;CMCSA;NWSA;VIAB;GOOG;NFLX;TWC;CVC From The Last 14 Days
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June 30, 2015
14:01 EDTDISDisney names Christine McCarthy CFO, Kevin Mayer Chief Strategy Officer
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13:37 EDTGOOGYouTube prevails in German court case regarding artists' fees, Reuters says
Google notched a legal victory over German performing rights organization Gema, which had tried to make YouTube pay each time users watched music videos by artists it represents, Reuters reports. Reference Link
10:38 EDTGOOGWells Fargo upbeat on core eBay, Bernstein bullish on PayPal
Wells Fargo issued an upbeat note on the outlook for eBay's (EBAY) core business, while another research firm, Bernstein, was bullish on the company's soon to be spun off PayPal (PYPL) unit. eBay has said that it will spin off its PayPal online payments unit through a distribution to eBay shareholders on July 17. CORE EBAY: The shares of core eBay are likely to offer a "unique value opportunity" following the spin-off, as many growth investors will probably sell their shares in eBay creating "an interesting entry point." Wells Fargo stated. eBay's business model is "arguably better" than that of most retailers, as it has no inventory risk, better margins, and more efficient capital deployments than most other companies in the sector, Wells believes. Numerous initiatives that the company is undertaking, including structured data and a simplified listing process, could enable eBay to beat expectations going forward, Wells contended. Additionally, there is little risk to fiscal 2016 estimates for eBay, since its guidance does not factor in any improvement in its business, the firm believes. Noting that "when issued" shares of eBay and PayPal are slated to start trading on July 9, Wells says that eBay's shares would provide "exceptional value" if they trade anywhere near the current $20 per share implied value of core eBay. At $25, the shares would still provide "excellent value," the firm added. PAYPAL: The growth of Internet payments is in its infancy and has "vast untapped potential," according to Bernstein analyst Carlos Kirjner. PayPal's total payments volume should have a compound annual growth rate of over 20% in the next three years, helping its revenue to jump by a CAGR of at least 17% over the period, the analyst stated. Since PayPal's position in mobile is strong, competing services from Apple (AAPL) and Google (GOOG) will, at most, create a small headwind to PayPal's growth over the next three years, Kirjner contended. Moreover, PayPal has room to cut its costs, enabling its margins to expand and its earnings to grow faster than its revenue over the longer term, the analyst stated. He values PayPal at $43 per eBay share. PRICE ACTION: In early trading, eBay added 0.7% to $59.77.
09:35 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB GILD BABA BAC MU WYNN MSFT NFLX
08:37 EDTGOOGTwitter integration with Google could accelerate user growth, says Canaccord
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08:22 EDTGOOGMicrosoft deal with AOL for Bing doesn't move needle, says Citi
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07:15 EDTCMCSAExecutives' Club of Chicago to hold a discussion
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07:08 EDTGOOGGoogle apps take up nearly as much user time as Facebook’s apps, WSJ says
A study released by Forrester Research suggests that U.S. smartphone users in late 2014 spent roughly 12% of their time in Google (GOOG) apps, just below the 13% spent on Facebook (FB) apps, the Wall Street Journal reports. The time spent on Google apps is likely to be “much higher” since respondents were only asked to list apps they downloaded and the time spent on them, excluding apps pre-loaded on certain Google phones, the report says. The same is true of Apple’s (AAPL) apps, amounting to 3% of users time, the report says. Reference Link
05:32 EDTGOOGNovartis launches first Apple Watch app for visually impaired people
Novartis Pharmaceuticals (NVS) announced the release of new features for its ViaOpta applications, and the extension for use with smart watches. The discreet, hands-free nature of using ViaOpta app with wearable devices, such as Apple Watch (AAPL) and Android Wear (GOOG), provides users with an experience that seamlessly fits into their existing routines allowing those with visual impairments to navigate daily life with even greater ease.
June 29, 2015
14:21 EDTDISDisney announces realignment of Consumer Products, Interactive divisions
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14:11 EDTCMCSANBCUniversal ending relationship with Donald Trump, LA Times reports
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11:59 EDTGOOGGoogle deadline to answer EU antitrust claim extended, WSJ says
U.S. search giant Google was granted more time to respond to European Union regulators' claims that the company skews search results in favor of its own comparison-shopping service, says the Wall Street Journal. The new deadline is August 17, added the Wall Street Journal. Reference Link
10:54 EDTGOOGGoogle denied appeal by U.S. Supreme Court in Oracle copyright case
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09:40 EDTNFLXNetflix moves up off early lows, levels to watch
Shares are down, but off the session low at $637.82 which is now support. At the last price of $644.37, resistance is at $645 and then at $650.
09:35 EDTNFLXActive equity options trading on open
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07:13 EDTGOOGGoogle, Facebook competing heavily in video market, NY Post says
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06:24 EDTGOOGResearch shows Google hurts users by skewing search results, WSJ reports
New research by two U.S. academics shows that Google is harming internet users and violating competition laws by skewing search results to favor its own products and services, the Wall Street Journal reports. The study may present a “significant twist” in the European Union’s antitrust investigation into Google’s supposed anticompetitive practices, the report says. The research shows that users were 45% more likely to click on results that were ranked purely by relevance as opposed to the way Google ranks them currently, the Wall Street Journal says.Reference Link
06:00 EDTDISDisney's outgoing CFO to stay on as advisor, Deadline Hollywood reports
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June 28, 2015
15:40 EDTDIS, CMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
12:47 EDTGOOGTech sector earnings 'melt away' when accounting for stock comp, Barron's says
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June 26, 2015
16:32 EDTNFLXStocks end week lower with Greece still searching for deal
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16:00 EDTNFLX, TWCOptions Update; June 26, 2015
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10:00 EDTGOOGOn The Fly: Analyst Initiation Summary
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09:36 EDTNFLXActive equity options trading on open
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08:28 EDTDISDisney considers $1B Disneyland expansion in tax deal with Anaheim
The city of Anaheim, California said it is expected to consider an entertainment tax policy for the Disneyland Resort at its July 7 meeting as Walt Disney Parks and Resorts evaluates a significant investment in its existing operations in the Anaheim Resort. Disney is evaluating the addition of new attractions to drive attendance with a potential investment that could be valued at $1B. If Disney decides to move forward, it would have until December 31, 2024, to complete its investment under the proposed agreement. The expansion under consideration requires no City funding or bond financing. The resolution going before the Council extends a nearly 20-year agreement with Disney regarding entertainment tax policy.
06:58 EDTGOOGLost My Name raises $9M in funding round led by Google Ventures, TechCrunch says
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06:17 EDTGOOGGoogle Ventures, Softbank invest in Yieldify, Business Insider reports
Google Ventures Europe (GOOG) and Softbank (SFTBF) have invested $11.5M into Yieldify, an e-commerce startup that "helps online retailers convince people to buy products online," Business Insider reports. Google Ventures partner Avid Larizadeh Duggan will join Yieldify's board as part of the fundraising. Reference Link
06:11 EDTGOOGGoogle, Delphi self driving cars have near collision in Palo Alto, Reuters says
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June 25, 2015
19:58 EDTTWCCharter will not block, throttle net traffic
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19:34 EDTGOOGAirbus, Qualcomm, others invest $500M in OneWeb's global internet initiative
OneWeb announced it has raised $500M in funding from a number of companies, including Airbus (EADSY), Bharti, EchoStar's (SATS) Hughes, Intelsat (I), Qualcomm (QCOM), Coca-Cola (KO), Totalplay, and Virgin Group. OneWeb is engaged in developing satellite technologies to "beam" broadband internet to rural and underdeveloped locations, as well as to ships, planes, trains, and oil platforms. Bharti chairman Sunil Bharti Mittal will be joining Airbus Group CEO Tom Enders as well as Virgin's Richard Branson and Qualcomm's Paul Jacobs on the OneWeb board of directors. OneWeb also reiterated its June 15 announcement of its joint venture with Airbus to design and manufacture 900 microsatellites. "We are committed to giving our full industrial and space expertise to this mission," remarked Airbus' Tom Enders. "Intelsat has the world’s largest fleet of Ku Band geostationary satellites and our interoperability will enable pole-to-pole and urban canyon coverage with new services," said Intelsat. Note that both Facebook (FB) and Google (GOOG) are working on similar projects to facilitate global internet access. Reference Link
16:55 EDTGOOGGoogle-built self-driving cars hit the road
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16:52 EDTNFLXNetflix initiated with a Neutral at Mizuho
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16:52 EDTGOOGGoogle initiated with a Neutral at Mizuho
Target $595.
16:00 EDTNFLXOptions Update; June 25, 2015
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12:52 EDTTWCCharter to 'go further' than net neutrality rules in TWC merger, Variety reports
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10:00 EDTNFLXOn The Fly: Analyst Downgrade Summary
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09:34 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB NFLX AMZN BAC CVX TWTR INTC GILD BBBY
09:28 EDTNFLXNetflix slips in early trading, levels to watch
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09:08 EDTDISOn The Fly: Pre-market Movers
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08:07 EDTNFLXNetflix near-term risk/reward neutral, longer outlook upbeat, says Pacific Crest
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07:11 EDTNFLXNetflix 'firms up plans' to enter India by 2016, Times of India reports
Netflix has "firmed up plans" to enter India by 2016, The Times of India reports, citing sources familiar with the matter. Reference Link
06:51 EDTNFLXNetflix downgraded to Neutral from Buy at Citi
Citi analyst Mark May downgraded Netflix to Neutral with the stock up 49% since his upgrade on April 10 and 99% year-to-date. May believes more signs of traction in recently launched international markets are needed before shares can reach his upside case of over $950. Further, he points out that the stock has sold off meaningfully following the Q2 and Q3 earnings reports in each of the last three years. May has a $722 price target on the streaming service. Shares of Netflix closed yesterday down $2.58 to $678.61 after billionaire investor Carl Icahn disclosed that he exited his position in the name. Also yesterday, Societe Generale downgraded Netflix to Sell from Buy, saying shares went from undervalued to "pricing perfection."
06:31 EDTGOOGMicrosoft focusing on increasing smartphone sales in India, WSJ reports
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June 24, 2015
19:53 EDTCMCSAComcast to offer EA games over cable box, DSLReports says
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19:31 EDTGOOGGoogle exec 'very confident' in YouTube's lead over Facebook video, BI says
In a Business Insider interview at the Cannes Lions advertising festival, Torrence Boone, Google's (GOOG) VP of global agency sales and services, said the company is "very bullish and confident" that Google's YouTube will maintain its lead over Facebook's (FB) efforts in video. Boone explained that the services serve different functions, with YouTube being a more dedicated video platform. Reference Link
18:16 EDTGOOGGoogle, GE, Airbus lead in sheer number of meetings with EU officials
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16:21 EDTNFLXOn The Fly: Top stock stories for Wednesday
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16:20 EDTDISDisney plans semi-annual dividend, says raising dividend 15% annually
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16:00 EDTNFLXActionable Options for Wednesday, June, 24
iPath S&P 500 VIX Short-Term Futures up 30c to 17.32 Option volume leaders: AAPL FB NFLX BAC VALE MU BABA WMB T F EBAY FCX TWTR BBRY
13:58 EDTCMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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13:00 EDTNFLXMark Cuban still owns Netflix, has no attention to sell, CNBC reports
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12:37 EDTNFLXApple where Netflix was a couple of years ago, Icahn says
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12:36 EDTNFLXIcahn says Apple shares still have 'hundreds of points' left
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12:36 EDTNFLXIcahn says Netflix still 'great company,' market overheated
Carl Icahn is speaking on CNBC.
12:30 EDTNFLXOn The Fly: Top stock stories at midday
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12:27 EDTGOOGHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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12:16 EDTNFLXNetflix gives back most of its gains, levels to watch
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11:58 EDTNFLXNetflix downgraded to Sell from Buy at Societe Generale
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10:48 EDTNFLXNetflix July volatility increases to 56, Icahn says sold last of Netflix stake
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10:44 EDTNFLXCarl Icahn sells last of Netflix stake, positive on Apple
Carl Icahn said via Twitter, "Sold last of our $NFLX today. Believe $AAPL currently represents same opportunity we stated NFLX offered several years ago."
10:43 EDTNFLXCarl Icahn says sold last of Netflix stake today
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09:35 EDTNFLXActive equity options trading on open
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09:30 EDTGOOGGoogle competing with itself after unveiling free music service, Bloomberg says
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09:10 EDTNFLXOn The Fly: Pre-market Movers
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08:25 EDTCMCSA, NFLX, CBS, DISNetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
07:43 EDTDISDisney not investing $250M to DraftKings, Re/code reports
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06:51 EDTNFLXNetflix July volatility at 52 into announcing seven-for-one stock split
Netflix June weekly call option implied volatility is at 23, July is at 52, September is at 38; compared to its 52-week range of 24 to 86, suggesting July price movement into announcing a seven-for-one stock split.
06:09 EDTNFLXOptions expected to be active
Options expected to be active: NFLX SYY MU MON NKE BBBY LEN NBG GREK
06:00 EDTGOOGGoogle held 29 high-level meetings in Brussels in 6 months, Financial Times says
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June 23, 2015
19:03 EDTNFLXOn The Fly: After Hours Movers
UP AFTER PROVIDING GUIDANCE: MeetMe (MEET), up 18.8%. ALSO HIGHER: Nektar Therapeutics (NKTR), up 4.3% after being added to S&P 600... Quidel (QDEL), up 5% after receiving FDA clearance for new Solana molecular system and assay... Vanda Pharmaceuticals (VNDA), up 4.6% after announcing positive results from REPRIEVE study... Netflix (NFLX), up 3.4% after announcing seven-for-one stock split. LOWER: Alcobra (ADHD), down 2.5% after announcing that it will host a conference call and simultaneous webcast presentation to present results from the Phase II clinical trial of MDX... Sysco (SYY), down 2.6% after bid for U.S. foods blocked was blocked by a federal judge... Boeing (BA), down marginally after announcing CEO transition.
17:50 EDTGOOGGoogle to remove Confederate flag from shopping service and ads, Reuters says
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16:32 EDTNFLXNetflix up 1.8% after announcing seven-for-one stock split
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16:31 EDTNFLXNetflix announces seven-for-one stock split
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16:30 EDTNFLXNetflix announces seven-for-one stock split
13:09 EDTCBS, NFLX, DIS, NWSA, CMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
12:08 EDTGOOGPandora down 1% after Google launches free music service
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12:05 EDTGOOGGoogle launches free, ad-supported music service in U.S.
Google (GOOG) announced via a blob post that Google Play Music now has a "free, ad-supported version" in the U.S. It stated, "Our team of music experts, including the folks who created Songza, crafts each station song by song so you don’t have to. If you’re looking for something specific, you can browse our curated stations by genre, mood, decade or activity, or you can search for your favorite artist, album or song to instantly create a station of similar music." Shares of Pandora (P) ticked lower following Google's announcement.
10:00 EDTTWCOn The Fly: Analyst Downgrade Summary
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09:36 EDTNFLXActive equity options trading on open
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08:39 EDTTWCTime Warner Cable downgraded to Sector Perform from Outperform at Scotiabank
06:25 EDTGOOGGoogle introduces the News Lab on blog
Google said on its blog that it is launching the News Lab, "a new effort at Google to empower innovation at the intersection of technology and media. Our mission is to collaborate with journalists and entrepreneurs to help build the future of media. And we’re tackling this in three ways: though ensuring our tools are made available to journalists around the world -- and that newsrooms know how to use them; by getting helpful Google data sets in the hands of journalists everywhere; and through programs designed to build on some of the biggest opportunities that exist in the media industry today. The News Lab is a global effort, with teams in the U.S., U.K., France, and Germany to start -- and we’re also powering the training and research arm of Google’s Digital News Initiative in Europe. Google has created many technologies and platforms that have engaged the media industry. As both the media landscape and technology continue to evolve, we believe we can create a more informed world if technologists and journalists work together -- and we’re excited to be part of the effort." Reference Link
06:14 EDTGOOGGetty filed a complaint against Google to EU earlier this year, WSJ reports
Getty Images complained earlier this year to European antitrust authorities that Google unfairly favors its image search service over rivals, the Wall Street Journal reports. The European Commission told Getty in early June that its concerns were valid and added Getty as an “interested third person” in its search manipulation case against the search giant, according to a document reviewed by the Wall Street Journal. Reference Link
June 22, 2015
18:22 EDTGOOGGoogle offers sign-ups to test GoPro virtual reality prototype
Google (GOOG) has created a sign-up page to allow "creators" -- taken to mean video content creators -- to test its "Jump" virtual reality platform. Jump uses 16 GoPro (GPRO) cameras to create virtual reality video "that you can step inside of." Content creators selected by Google will get access to the platform beginning this summer. Reference Link
15:04 EDTCMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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14:42 EDTGOOGOculus potential not reflected in Facebook's stock price, Piper Jaffray says
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13:19 EDTDISMarvel Entertainment wins patent dispute over Spider-Man toy, Variety says
The Supreme Court sided with Disney 's Marvel Entertainment in a case involving a patent on a toy owned by Stephen Kimble that shoots web from pressurized foam string, says Variety. The Court would not overrule precedent and ruled in favor of Marvel Entertainment that a patentee cannot continue to receive royalties for a patent after it expires, added Variety. Reference Link
12:12 EDTGOOGUS Supreme Court rejects Google patent appeal over Street View, Reuters says
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08:02 EDTGOOGTransphorm announces new $70M investment led by KKR
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07:39 EDTNFLXNetflix price target raised to $950 on business momentum at BTIG
BTIG raised Buy rated Netflix's price target to $950 from $600 citing business model momentum. The firm's analyst believes Netflix can grow substantially beyond 50M domestic subs. In addition, as the MVPD bundle unravels, BTIG expects consumers will have money to spend on Netflix and other SVOD services. As the price/value of Netflix grows, the firm believes there is substantial upside potential to its ARPU estimates. BTIG expects Worldwide streaming subs to expand to over 108M by 2017, up from 101M, compared to 57M at year-end 2014. Furthermore, BTIG believes Netflix could reach 140M global subscribers by 2020.
07:31 EDTGOOGFacebook catching up to YouTube in video ads, Reuters says
Facebook (FB) is gaining market share on Google's (GOOG) YouTube in online video advertising, reports Reuters, citing a published Ampere Analysis report. Reference Link
06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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June 21, 2015
17:57 EDTDIS, CMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTDIS, CMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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14:49 EDTGOOGRaven shares may rally in next couple years, Barron's says
The recent selloff in Raven (RAVN) shares "looks like an opportunity," and the company's stock could rally over the next couple years, Barron's contends in its 'Sizing Up Small Caps' column. Barron's notes that the company has partnered with Google (GOOG) to develop high-altitude balloons for the experimental Project Loon, which, if expanded into a full project, could signal a boost for Raven. Reference Link
June 19, 2015
16:00 EDTNFLXOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
14:49 EDTGOOGEU sends charge sheet to Google, demands search changes, WSJ reports
The European Union sent a formal charge sheet to Google in April, within which it demands changes to the way Google ranks rival shopping services in its general search results that go far beyond the company's own proposal last year to settle the concerns, said The Wall Street Journal, citing three people familiar with the matter. Reference Link
14:07 EDTNFLXOptions with increasing implied volatility: NFLX CI TRIP AET
12:53 EDTGOOGEU demands Google make changes in new charge sheet, DJ reports
11:52 EDTTWC, CMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
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10:32 EDTGOOGTwitter calls active on renewed takeover chatter
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10:22 EDTGOOGRumor: Twitter active on rewewed takeover chatter by Google
Shares or Twitter (TWTR) are moving higher amid renewed speculation Google (GOOG) may make a bid for the company.
09:37 EDTNFLXActive equity options trading on open
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07:44 EDTGOOGTamr receives $25.2M in financing from HP Ventures, Thomson Reuters, others
Tamr announced that it has raised $25.2M in Series B financing from Hewlett Packard Ventures (HPQ); Thomson Reuters (TRI); MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company and others. Current Tamr investors NEA and Google Ventures (GOOG) also participated in the round. Tamr will use the funds to significantly grow sales as well as product engineering for Tamr’s scalable data unification platform.
07:30 EDTNFLXNetflix price target raised to $800 from $610 at Oppenheimer
Oppenheimer analyst Jason Helfstein raised his 12-18 month price target for shares of Netflix to $800 from $610. The streaming service closed yesterday up $3.30 to $663.20. The new target reflects the company's plans to enter Japan, Cuba, Spain, Italy and Portugal, all in 2015, the analyst tells investors this morning in a research note. Helfstein's revised model assumes global subscribers of 239M in 2020, equaling 32% penetration of broadband homes, which the analyst says is consistent with Netflix's 2015 rates in older markets. He reiterates an Outperform rating on the stock.
07:26 EDTGOOGOxford Sciences raises GBP320M from Dunstone, Google Ventures, Telegraph says
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06:17 EDTGOOGEU gives Google critics one month to remark on antitrust charges, Reuters says
European Union antitrust regulators have sent copies of their charges against Google (GOOG) to critics of the company and given them a month to comment on the charges, Reuters reports, citing one of the complainants. Google has been accused by many companies of abusing its market power and cheating consumers and rivals by tweaking search results to favor its shopping service, the report says. 19 companies, including Microsoft (MSFT) and TripAdvisor (TRIP), are expected to receive the EU charge sheet, Reuters says. Reference Link
June 18, 2015
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
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13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
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13:02 EDTGOOGWorldwide wearables market forecast to grow 173.3% in 2015, IDC says
The wearables market maintained its upward trajectory in the first quarter of 2015 as new vendors, including Apple (AAPL), prepared to enter the market. A new forecast from the International Data Corporation, IDC, Worldwide Quarterly Wearable Device Tracker estimates that 72.1M wearable devices will be shipped in 2015, up a strong 173.3% from the 26.4 million units shipped in 2014. Shipment volumes are expected to experience a compound annual growth rate, CAGR, of 42.6% over the five-year forecast period, reaching 155.7M units shipped in 2019. "We expect smart wearables, those capable of running third party apps, to take the lead in 2016," added Ubrani. "Smart wearables like the Apple (AAPL) Watch and Micosoft's (MSFT) Hololens are indicative of an upcoming change in computing, and the transition from basic to smart wearables opens up a slew of opportunities for vendors, app developers, and accessory makers." Other companies that have been mentioned in the wearable tech group include Google (GOOG), GoPro (GPRO) and Fitbit (FIT). Reference Link
11:45 EDTNWSADow Jones to begin round of job cuts today, NY Times reports
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11:31 EDTNFLXOptions with increasing implied volatility
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11:12 EDTGOOGGoogle acquired 'app streaming' startup Agawi last fall, The Information says
Google quietly acquired "app streaming" startup Agawai last fall, The Information reports. The startup's technology lets people access apps on their smartphone without downloading them. Reference Link
10:20 EDTGOOGGoogle in talks for combined Dunnhumby bid, Sky News reports
Google (GOOG) is in talks with buyout firm Permira regarding a possible combined bid for Tesco (TSCDY) unit Dunnhumb, Mark Kleinman of Sky News reports. Reference Link
08:23 EDTDISDisney cancels plans to outsource tech jobs, L.A. Times reports
Disney (DIS) is canceling plans to replace employees in 30 technology positions with workers hired from Cognizant Technology Solutions (CTSH), an agency that outsources jobs to immigrants mostly from India on temporary work visas, the L.A. Times reports. Disney employees in New York, New York and Burbank, California were first made aware of the layoffs in late May, and recently some of the employees were asked to help train their own successors, sometimes in person but mostly via teleconference, the report says. Disney has not offered many details on the reasons for its decision to reverse layoff plans, the L.A. Times says. Reference Link
08:07 EDTNWSANews Corp. announces plans to initiate dividend
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08:04 EDTGOOGGoogle accelerating pace of cloud product innovation, says Baird
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08:00 EDTNWSANews Corp. amends stockholder rights plan
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06:48 EDTGOOGGoogle, Microsoft, Mozilla announce WebAssembly partnership, TechCrunch says
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06:19 EDTGOOGGoogle, Ingenico Group team up to facilitate cross-border e-commerce
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06:16 EDTCMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
June 17, 2015
17:40 EDTCMCSAComcast 'isn't interested' in T-Mobile, Washington Post says
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17:18 EDTNFLXSpotify hires ex-Netflix CFO Barry McCarthy as company CFO, WSJ says
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16:56 EDTNFLXSpotify hires ex-Netflix CFO Barry McCarthy as company CFO, Dow Jones says
14:34 EDTGOOGGoogle's Nest announces redesigned, refreshed product line
Google's Nest Labs announced refreshes and redesigns across the company’s entire product portfolio, including the introduction of Nest Cam, the second generation Nest Protect, new features for the Nest Learning Thermostat, and a new app. Nest Cam is a 1080p camera featuring a stand as well as improved motion alerts and night vision, offering live video streaming to a phone or computer to keep an eye on the home while the Nest user is away. Cam users can also subscribe to Nest Aware with Video History for an additional monthly fee to gain access to video history, alert summaries, advanced motion sensing, and more. Also, Nest is piloting the ability for YouTube creators to stream directly to YouTube Live from Nest Cam. Nest Protect is the company's second generation smoke and carbon monoxide alarm, offering a custom, split-spectrum sensor that uses two wavelengths of light to look for different types of fires. Building on Nest’s energy partner program, Nest is partnering with home insurance companies to help Nest Protect users save money on home insurance policies. Through Nest Safety Rewards, a participating Nest insurance partner may offer a discount on a Nest user's annual premiums. American Family and Liberty Mutual Insurance are the first insurance partners to provide offers as part of Nest Safety Rewards. Separately, the updated Nest Learning Thermostat has the capability to notify customers when temperatures drop to help avoid frozen pipes, and it also adds new integrations with other Nest products. Finally, the redesigned Nest app 5.0 brings together all three Nest products across multiple platforms. Nest Cam is available for immediate purchase with a suggested retail price of $199. It will begin shipping this month. The camera is set to launch next month in Belgium, France, Ireland, Netherlands, and the U.K. Nest Aware with Video History can be purchased as a 10-day or 30-day subscription for $10 or $30 per month, respectively. Nest Protect is available for immediate purchase for a suggested retail price of $99, and will begin shipping next month. Nest app 5.0 is available in the Google Play Store and iOS App Store. Nest Learning Thermostat software 4.5 will begin rolling out immediately and will take up to two weeks to reach all Nest customers.
13:28 EDTDISHBO to make serious run at Bill Simmons, Hollywood Reporter says
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12:15 EDTCBSNexstar and CBS enter into affiliation agreement renewals
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11:08 EDTNFLXOptions with increasing implied volatility
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10:58 EDTGOOGGoogle announces cross-device measurement for all DoubleClick products
Google announced that cross-device measurement is coming to all of its DoubleClick advertiser products, so marketers can measure conversions that start as a click on one device and end with a conversion on another for all their campaigns across the web, not just with the ads they buy from Google. Reference Link
10:22 EDTCMCSAComcast not interested in pursuing T-Mobile, DJ says
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10:13 EDTCMCSADeutsche Telekom shopping T-Mobile to Comcast, FT reports
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09:40 EDTNFLXActive equity options trading on open
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09:36 EDTNFLXActive equity options trading on open
Active equity options trading on open: AAPL FB AMD ADBE TWTR BABA QIHU NFLX BAC
09:35 EDTCVCGuggenheim to hold a conference
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07:26 EDTCMCSADeutsche Telekom, Comcast in talks over possible T-Mobile sale, Reuters says
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06:34 EDTGOOGGoogle's former head of Maps to join Uber, Re/code reports
Brian McClendon, the former head of Google Maps and a 10-year company veteran, will join Uber to oversee the company's new Advanced Technologies Center out of Pittsburgh, Re/code reports. McClendon will help guide Uber’s mapping, self-driving car and vehicle safety initiatives, the report says. Reference Link
06:20 EDTNFLX, DIS, CMCSAHulu luring content producers from Netflix, WSJ reports
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