New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For CBS;DIS;CMCSA;NWSA;VIAB;GOOG;NFLX;TWC;CVC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>
September 30, 2014
18:38 EDTNFLXAMC joins IMAX theater boycott of Netflix original movie, Deadline reports
Subscribe for More Information
18:11 EDTVIABSuddenlink Communications to no longer carry Viacom TV channels, WSJ says
Cable operator Suddenlink Communications will no longer carry Viacom's TV channels as of midnight on September 30, The Wall Street Journal reports. Reference Link
16:22 EDTNWSAOn The Fly: Closing Wrap
Subscribe for More Information
16:00 EDTNFLXOptions Update; September 30, 2014
iPath S&P 500 VIX Short-Term Futures up 37c to 31.18. Option volume leaders: AAPL TSLA NFLX BAC TWTR AMZN HTZ DOW C F NFLX PBR according to Track Data.
13:42 EDTNFLXRegal, Cinemark will not play Netflix original movie, Hollywood Reporter says
Subscribe for More Information
13:18 EDTGOOGTwitter to launch new app development platform, The Information reports
Subscribe for More Information
12:40 EDTNWSAOn The Fly: Midday Wrap
Subscribe for More Information
11:54 EDTDIS, CMCSA, CBSFCC eliminates sports blackout rules
Subscribe for More Information
11:44 EDTNFLXOptions with increasing implied volatility
Subscribe for More Information
11:29 EDTGOOGGoogle could be interested in eBay after spinoff, says Pacific Crest
Subscribe for More Information
09:36 EDTNFLXActive equity options trading on open
Subscribe for More Information
09:33 EDTNFLXNetflix announces first original movie to premiere on Netflix, IMAX theaters
Subscribe for More Information
09:10 EDTNWSAOn The Fly: Pre-market Movers
Subscribe for More Information
08:59 EDTNWSANews Corp. sees Move, Inc. deal 'modestly accretive' in short term
Subscribe for More Information
08:52 EDTNWSANews Corp. sees Move, Inc. deal to close in 2Q15
News Corp (NWSA) believes Move, Inc. (MOVE) is in a unique position and holds an important role for the company to expand in the digital real estate industry. Says this is the most significant acquisition the company has made since launching as a separate company last summer. Says this acquisition allows the company to stay committed to returning capital to shareholders. Says believes that Move Inc.'s strategy is different that that of Trulia (TRLA) and Zillow (Z). Says expects that the transaction will be very modestly EPS valued in the short term. News Corp continues to expect to generate positive cash flow regardless of the acquisition. Says Move, Inc. will improve and enhance the core media assets of News Corp. Comments made during a conference call discussing News Corp's acquisition of Move, Inc.
08:05 EDTGOOGeBay could be worth $62/share on sum-of-the-parts, says Piper Jaffray
Piper Jaffray says it still estimates the total valuation of eBay's two divisions at around $62 per share on a sum-of-the-parts basis. Piper believes Marketplace could be more attractive as an acquisition candidate post separation, which it notes investors have been thinking about since the Alibaba (BABA) IPO. The firm thinks competition from Apple Pay (AAPL) and Google Wallet (GOOG) will likely add some uncertainty to PayPal’s standalone valuation. Piper has a Neutral rating on eBay. The stock is up 9% to $57.25 after announcing it will spin off PayPal into a separate publicly traded company.
07:45 EDTGOOGGoogle introducing new mobile ad types, Ad Age reports
Subscribe for More Information
06:56 EDTNFLX, GOOGGoogle, Netflix hindered from TV review by CRTC, Bloomberg says
Subscribe for More Information
06:42 EDTNFLXMovie sequel to be released directly to Netflix, NY Times reports
Subscribe for More Information
06:34 EDTNWSANews Corp to acquire Move, Inc. for $21 per share, or approximately $950M
News Corp and Move, Inc. announced that News Corp has agreed to acquire Move. REA Group Limited, which is 61.6% owned by News Corp and is the operator of Australian residential property website, realestate.com.au, plans to hold a 20% stake in Move with 80% held by News Corp. Under the acquisition agreement, which has been unanimously approved by the board of Move, News Corp will acquire all the outstanding shares of Move for $21 per share, or approximately $950M, via an all-cash tender offer. This represents a premium of 37% over Move’s closing stock price on September 29, 2014. REA’s share will be acquired for approximately $200M. News Corp intends to commence a tender offer for all of the shares of common stock of Move within 10 business days, followed by a merger to acquire any untendered shares. News Corp. CEO Robert Thomson said, "In addition to boosting Move’s subscription, advertising and software services, this acquisition will give News Corp a significant marketing platform for our media assets, which will benefit from the high-quality geographic data generated by real estate searches. We certainly expect this deal to amount to far more than the sum of the parts.” For the year ended December 31, 2013, Move reported $227M in revenues, and $29M in adjusted EBITDA5, and generated the highest revenue per unique user in the industry. Move will become an operating business of News Corp and remain headquartered in San Jose, California.
06:32 EDTNWSANews Corp to acquire Move, Inc. for $21 per share, or approximately $950M
Subscribe for More Information
06:25 EDTCBS, TWC, DIS, VIAB, CMCSAFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
06:04 EDTGOOGGoogle rivals launch 'Focus on the User' site
Subscribe for More Information
September 29, 2014
16:54 EDTNFLXNetflix in talks on feature film with Weinstein Co., Bloomberg says
Subscribe for More Information
13:33 EDTDISSinclair Broadcast enters into long-term affiliation agreements with ABC
Sinclair Broadcast (SBGI) announced that it has entered into long-term agreements with Disney's (DIS) American Broadcasting Company for the renewal of the ABC affiliations in 13 Sinclair markets that come up for renewal during 2014 and 2015. Three of the new agreements will expire on August 31, 2019 and the other 11 will expire on August 31, 2020. The markets being renewed are listed below and include six of Sinclair's ten biggest ABC markets, including five of the top six ABC markets. The company's remaining ABC affiliation agreements do not expire for several years. The company said, "We are pleased to have reached this agreement with ABC to renew these affiliation agreements for 5-year terms including a number of agreements that were not set to expire until 2015."
13:30 EDTGOOGGoogle Capital invests in InnoLight Technology, WSJ reports
Google Capital has made an investment in InnoLight Technology, a Chinese manufacturer of high-speed optical transceivers that are used by computer servers, the Wall Street Journal reports. Google co-led a Series C round totaling $38M with Lightspeed China Partners, the publication says, marking Google Capital's first investment in China. Reference Link
13:15 EDTGOOGGoogle, Adobe announce Creative Cloud for Chromebooks
Subscribe for More Information
11:40 EDTNFLXOptions with increasing implied volatility
Subscribe for More Information
09:38 EDTGOOGGoogle unveils new mobile-focused display ad formats
Google says on its blog that "We’re excited to announce that over the coming months we will launch several mobile display ad formats and tools across the Google Display Network, the AdMob Network and DoubleClick that will make it easier for advertisers to build successful ads that work across screens." Reference Link
09:37 EDTNFLXActive equity options trading on open
Subscribe for More Information
09:08 EDTGOOGTremor Video partners with programmatic demand partners
Subscribe for More Information
09:00 EDTGOOGGoogle price target raised to $730 from $650 at RBC Capital
RBC Capital increased its price target on Google, as the firm expects the company's core search growth to "remain highly consistent" in the near-term, and it thinks the company has developed three material medium-term growth drivers. It keeps an Outperform rating on the shares.
07:18 EDTCMCSA, TWCStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
06:29 EDTGOOGYouTube's Tom Pickett to leave company, WSJ reports
Tom Pickett, Google’s VP for YouTube content, is set to leave the company, the Wall Street Journal reports. Pickett, who was responsible for policy and other initiatives including "YouTube Spaces," will reportedly become the CEO at another company. Reference Link
06:29 EDTGOOGFacebook to challenge Google with ad platform, NY Times says
Subscribe for More Information
September 26, 2014
16:55 EDTDISMarket ends week lower after inversion crackdown, mixed data
Subscribe for More Information
11:19 EDTGOOGGoogle adds requirements for Android manufacturers, The Informatoin reports
Google (GOOG) may be adding requirements for dozens of manufacturers including Samsung (SSNLF), Huawei and HTC that want to build devices powered by Android, reports The Information. According to obtained confidential documents, the new requirements may include increasing the number of Google apps that must be pre-installed to as many as 20, placing more Google apps on the home screen and making Google Search more prominent. Reference Link
09:37 EDTNFLXActive equity options trading on open
Subscribe for More Information
06:47 EDTGOOGFAA drone decision could be milestone, NY Times says
Subscribe for More Information
06:39 EDTGOOGMost connected devices have security flaw, NY Times says
Subscribe for More Information
06:13 EDTGOOGGoogle checks show accelerating search spend, says Citigroup
Subscribe for More Information
September 25, 2014
17:50 EDTTWC, CMCSA, NFLXCompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
Subscribe for More Information
16:00 EDTNFLXOptions Update; September 25, 2014
iPath S&P 500 VIX Short-Term Futures up 2.09 to 30.38. Option volume leaders: AAPL TSLA NFLX BAC TWTR AMZN BP PBR GILD DOW according to Track Data.
10:03 EDTNFLXNetflix, Rainbow Studios announce spin-off of Winx Club as original TV series
Netflix and Rainbow Studios announced an expansion to the Winx Club franchise with a spin-off series, Winx Club WOW: World of Winx, that will be exclusively available in all Netflix territories including France and Germany. The first of the two all-new seasons will be available by early 2016 with the second following in the autumn.
09:36 EDTNFLXActive equity options trading on open
Subscribe for More Information
09:00 EDTNWSA, GOOGGoogle responds to News Corp. criticism in blog post
Subscribe for More Information
07:31 EDTGOOGBrookings Institution to hold a discussion
The Governance Studies at Brookings hosts an event on the challenges facing cross-border data flows in the digital economy. A panel of experts discuss the possible ramifications on communication, trade and commerce of a fractioned internet to be held in Washington, D.C. on September 25 at 10 am.
07:02 EDTCVCCablevision files defamation suit against CWA, NY Post reports
Subscribe for More Information
06:07 EDTGOOGGlobal tablet sales momentum to slow down in 2015, DigiTimes reports
Subscribe for More Information
September 24, 2014
16:22 EDTDISOn The Fly: Closing Wrap
Stocks on Wall Street were higher after a report showed that sales of new homes rose to their highest level in over six years in August. The volume and news flow were relatively light, which may be the case again tomorrow as many market participants celebrate the Jewish holiday of Rosh Hashanah. ECONOMIC EVENTS: In the U.S., new home sales rose 18.0% in August to a 504K unit rate, which was much higher than the expected 4.4% increase. COMPANY NEWS: Bed Bath & Beyond (BBBY) advanced $4.64, or 7.4%, to $67.33 after the home goods retailer last night reported second quarter earnings and revenue that surpassed analysts' consensus estimates. The better than expected report and rise in the stock comes a day after William Blair downgraded the stock yesterday morning... Citizen Financial (CFG), the U.S. retail bank unit of Royal Bank of Scotland (RBS), became the year's second largest IPO behind Alibaba (BABA) after 140M shares began trading on the NYSE this morning. The stock ended it first day up $1.58, or 7.35%, at $23.08, which was far cry from the advance seen by another of the day's new stock debuts. CyberArk (CYBR) priced 5.36M shares at $16.00, opened for trade at $25.00 and ended the day at $29.94, making for a rise of over 87% from its IPO pricing. MAJOR MOVERS: Among the notable gainers was Acorda Therapeutics (ACOR), which advanced $8.27, or 28.18%, to $37.62 after the company agreed to acquire Civitas Therapeutics for $525M in cash. Civitas, which was private, had been scheduled to come public via an IPO that was expected to happen later this week prior to the deal announcement. Also higher was Hasbro (HAS), which rose $2.01, or 3.8%, to $54.95 after striking a deal that gives the company global rights, excluding Japan, to develop dolls based on Disney's (DIS) princess characters, as well as Frozen, beginning in 2016. Mattel (MAT), which currently holds those rights, slid 40c, or 1.25%, to $31.67 in the wake of the news. Also lower were shares of Skechers (SKX), which fell $5.69, or 9.8%, to $52.40 after research firm SportscanInfo reported that the footwear maker's sales had fallen 3% last week. However, Sterne Agee recommended buying the stock on the weakness. INDEXES: The Dow rose 154.19, or 0.9%, to 17,210.06, the Nasdaq gained 46.53, or 1.03%, to 4,555.22, and the S&P 500 added 15.53, or 0.78%, to 1,998.30.
12:29 EDTNFLX20th Century Fox signs TV deal with Canadian Shomi, The Hollywood Reporter says
Subscribe for More Information
12:29 EDTDISHasbro Princess deal positive, says Wells Fargo
After Hasbro announced that beginning in 2016 it would have the global (ex Japan) Disney (DIS)Princess doll license, Wells Fargo thinks that Hasbro has added a premier, established global license that increases the visibility of its results and significantly strengthens its girls business. The firm thinks the deal will cause Hasbro's multiple to expand further, and it keeps an Outperform rating on the shares.
12:14 EDTNFLX, TWC, CMCSANetflix responds to Comcast's extortion claims, Variety reports
Subscribe for More Information
10:02 EDTDISHasbro announces strategic merchandising relationship with Disney
Hasbro (HAS) announced a new strategic merchandising relationship with Disney (DIS( Consumer Products for the globally popular Disney Princess and Frozen properties. The agreement gives Hasbro global rights, excluding Japan, to develop dolls based on Disney Princess stories and characters including Cinderella, Beauty and The Beast, and The Little Mermaid as well as Frozen beginning in 2016.
09:17 EDTTWC, CMCSA, NFLXComcast accuses TWC deal opponents of extortion, Re/code reports
Subscribe for More Information
08:55 EDTGOOGEndurance and Google partner for web presence solutions in Africa and Asia
Subscribe for More Information
07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
Subscribe for More Information
07:28 EDTGOOGAmazon expanding hardware unit, working on smart home devices, Reuters says
Amazon.com (AMZN) plans to boost its full-time payroll at Lab126, the hardware unit that developed the Kindle and other consumer electronics devices, by at least 27% over the next five years, reported Reuters, citing a government document and people familiar with the matter. The expansion comes as Amazon tests connected-home devices that could compete with those available from or being developed by Google (GOOG) and Apple (AAPL), two people familiar with the Lab's activities said, Reuters noted. Reference Link
07:18 EDTGOOGEU antitrust head says Google must improve search settlement terms, WSJ reports
Joaquín Almunia, the outgoing head of the EU competition department, told European Parliament lawmakers that Google must improve its proposal to settle concerns over its search practices or that it will face formal antitrust charges, even though the commissioner has already acknowledged that a final decision on the case will now fall to his successor, reported The Wall Street Journal. Reference Link
September 23, 2014
08:06 EDTCBSCBS near-term volatility will create opportunity, says Wells Fargo
Subscribe for More Information
07:07 EDTGOOGGoogle planning to build data center in Netherlands, Bloomberg reports
Google will spend over EUR 600M over the next four years to build a data center in the Netherlands, Bloomberg reports. Google will employ about 150 permanent workers at the Eemshaven hub once the job is completed. Reference Linkp
07:03 EDTVIABRentrak signs agreement with Viacom 18 Media's IndiaCast
Rentrak (RENT) announced an agreement with Viacom (VIA) 18 Media's IndiaCast for its two networks, Aapka Colors and MTV India. IndiaCast will utilize Rentrak's industry-leading TV ratings currency for programming research, as well as a business tool for its advertising sales initiatives.
06:56 EDTGOOGGoogle exec to manage Snapchat PR, policy, Re/code says
Subscribe for More Information
06:48 EDTNFLXNetflix declines providing CRTC subscriber information, Globe and Mail says
Subscribe for More Information
06:20 EDTGOOGAlmunia: Google must improve EU settlement or will face charges, WSJ says
Subscribe for More Information
06:00 EDTGOOGFacebook expected to launch new advertising platform, WSJ reports
This week, Facebook (FB) will introduce Atlas, a new advertising platform to improve effectiveness of online ads, the Wall Street Journal reports, citing people familiar with the matter. Atlas is a re-engineered version of the Atlas Advertiser Suite Facebook acquired in 2013 from Microsoft (MSFT). Facebook is looking to challenge Google (GOOG) in the online ad space. Reference Link
05:54 EDTNFLXStocks with implied volatility movement; NFLX AMZN
Subscribe for More Information
September 22, 2014
16:00 EDTNFLXOptions Update; September 22, 2014
iPath S&P 500 VIX Short-Term Futures up 91c to 28.14. Option volume leaders: AAPL TSLA NFLX C TWTR AMZN BP PBR CLF WLT according to Track Data.
12:14 EDTGOOGTel Aviv in negotiations with Waze to relieve traffic jams, Globes reports
Subscribe for More Information
10:31 EDTDISDisney's "The Lion King" becomes highest grossing Broadway show, Deadline says
Subscribe for More Information
06:44 EDTCMCSA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
Subscribe for More Information
06:35 EDTGOOGGoogle hurt by new Chinese Internet cracckdown, NY Times says
New restrictions that China has placed on the Internet is making it more difficult for the country's citizens to use the search giant's services, according to The New York Times. Reference Link
06:34 EDTGOOGGoogle selects HTC to make 9-inch Nexus tablet, WSJ reports
Subscribe for More Information
September 21, 2014
13:37 EDTDISDisney attempts to expand to Indian film market with Khoobsurat release, FT says
Subscribe for More Information
September 19, 2014
16:00 EDTNFLXOptions Update; September 19, 2014
Subscribe for More Information
10:12 EDTGOOGSony expected to launch SmartEyeglass by end of March, The Verge reports
Sony (SNE) is expected to launch SmartEyeglass, a competitor to Google Glass (GOOG), by the end of March, according to The Verge. Reference Link
10:07 EDTNWSAHigh option volume stocks
Subscribe for More Information
09:37 EDTNFLXActive equity options trading on open
Subscribe for More Information
06:43 EDTGOOGYouTube spending more money on original content, Re/code reports
Subscribe for More Information
06:22 EDTGOOGGoogle planning to encrypt phone data in Android, Washington Post reports
Subscribe for More Information
05:18 EDTNFLXNetflix now available in France, Germany, four other European countries
Subscribe for More Information
September 18, 2014
16:00 EDTNFLXOptions Update; September 18, 2014
Subscribe for More Information
15:47 EDTGOOGHimax may be back in with Google, buy shares, says Northland
Northland said Google (GOOG) has finished testing the Samsung OLED displays and have determined they are not bright enough. The analyst believes Google will go back to Himax (HIMX). Google has the option to invest in HIMX by October 21, which the firm believes they will do if they go back to them for displays. Norhtland recommends buying shares aggressively into an expected strong September quarter.
15:44 EDTGOOGHimax may be back in with Google, says Northland
Subscribe for More Information
13:57 EDTGOOGGoogle mulls new R&D unit focused on longer term projects, The Information says
Subscribe for More Information
09:32 EDTNFLXNetflix domestic estimates raised at ITG Research
ITG raised Netflix's domestic estimates given an acceleration in August. The firm's data indicates a faster than expected improvement in ASP and improved churn trends. The analyst raised its Q3 domestic streaming revenue of $881.3M from $877.3M, above guidance of $877M and consensus of $876.3M.
08:58 EDTGOOGGoogle October volatility flat on tight three-month price range
Subscribe for More Information
07:26 EDTGOOGGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
Subscribe for More Information
07:18 EDTGOOGSupply chains expect component orders from Motorola through 2014, DigiTimes says
Subscribe for More Information
06:37 EDTCBSCBS head looks to reduce radio assets within 12 months, Reuters says
Subscribe for More Information
06:00 EDTNFLXNetflix implied volatility of 26 at lower end of index mean range
Subscribe for More Information
September 17, 2014
17:48 EDTGOOG, NWSANews Corp opposed Google EC settlement offer
Early last week, in a letter to European Commissioner for Competition Joaquín Almunia, News Corp (NWS, NWSA) CEO Robert Thomson opposed Google’s (GOOG) settlement offer with the European Commission, or EC, saying the internet giant is “willing to exploit its dominant market position to stifle competition.” Thomson said News Corp also opposed the proposed five year term of a settlement, noting that “five years is an eternity in internet time.” Citing Google’s “egregious aggregation” of content, Mr. Thomson said that, along with serious commercial damage, there is a “profound social cost” to Google’s actions. “The internet should be a canvas for freedom of expression and for high quality content of enduring value. Undermining the basic business model of professional content creators will lead to a less informed, more vexatious level of dialogue in our society.” "Your decision to reconsider Google's settlement offer comes at a crucial moment in the history of the free flow of information and of a healthy media in Europe and beyond," Mr. Thomson wrote.
17:19 EDTCBSCBS CEO says online ads not cannibalizing broadcast TV ads
Subscribe for More Information
16:58 EDTCBSCBS CEO says Ray Rice scandal may have increased ratings
16:51 EDTCBSCBS CEO says could offer similar product to HBO Go in Europe
Les Moonves is speaking at the Bank of America conference.
13:08 EDTDISDisney sees digital ownership up 37% year to date
Subscribe for More Information
10:04 EDTGOOGDiscover rumored to be eyed as target by Apple, Bank Innovation says
Subscribe for More Information
09:04 EDTVIABAmericas Media ad growth estimates lowered at Nomura
Subscribe for More Information
06:19 EDTGOOGGoogle picks former Qualcomm exec to head Google Fiber, WSJ reports
Google (GOOG) has hired Dennis Kish, a former Qualcomm (QCOM) executive, to head Google Fiber, replacing Milo Medin, the Wall Street Journal reports. A Google spokeswoman confirms that Medin remains a VP for access services and adviser to the Google Fiber team. Reference Link
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use