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Stock Market & Financial Investment News

News Breaks
June 29, 2014
19:59 EDTFOXA, DIS, CMCSA, CBSAereo decides to pause operations temporarily
Chet Kanojia, Aereo’s CEO, said in a letter to customers: "A little over three years ago, our team embarked on a journey to improve the consumer television experience, using technology to create a smart, cloud-based television antenna consumers could use to access live over the air broadcast television. On Wednesday, June 25, the United States Supreme Court reversed a lower court decision in favor of Aereo, dealing a massive setback to consumers. As a result of that decision, our case has been returned to the lower Court. We have decided to pause our operations temporarily as we consult with the court and map out our next steps. All of our users will be refunded their last paid month." Reference Link
News For CBS;DIS;FOXA;CMCSA From The Last 14 Days
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August 18, 2015
10:00 EDTCBS, FOXA, DISOn The Fly: Analyst Downgrade Summary
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08:04 EDTCMCSABuzzFeed says NBCUniversal to make $200M equity investment in company
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07:56 EDTFOXA21st Century Fox downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded 21st Century Fox (FOXA) to Market Perform with a $31-$33 price target range saying value is shifting from content to distribution. Wells also downgraded Disney (DIS) and CBS (CBS) this morning to Market Perform while cutting its Diversified Media sector view to Market Weight. Time Warner (TWX) remains its only Outperform-rated media stock. Shares of Disney closed yesterday up $1.88 to $109.05.
07:13 EDTFOXA21st Century Fox downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded 21st Century Fox (FOXA) to Market Perform with a $31-$33 price target range saying value is shifting from content to distribution. Wells also downgraded Disney (DIS) and CBS (CBS) this morning to Market Perform while cutting its Diversified Media sector view to Market Weight. Time Warner (TWX) remains its only Outperform-rated media stock. Shares of Disney closed yesterday up $1.88 to $109.05.
07:13 EDTCBSCBS downgraded to Market Perform from Outperform at Wells Fargo
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07:12 EDTFOXA, DIS, CBSDisney downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Disney (DIS) to Market Perform with a $112-$119 price target range saying value is shifting from content to distribution. Wells also downgraded CBS (CBS) and 21st Century Fox (FOXA) this morning to Market Perform while cutting its Diversified Media sector view to Market Weight. Time Warner (TWX) remains its only Outperform-rated media stock. Shares of Disney closed yesterday up $1.88 to $109.05.
August 17, 2015
20:09 EDTCMCSACable companies test virtual reality offerings, Variety says
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19:54 EDTCMCSAComcast online video platform to give creators 70% share of ad revenue, WSJ says
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16:53 EDTDISOn The Fly: Top stock stories for Monday
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07:59 EDTDISDisney plans for Star Wars should ease investor concern, says FBR Capital
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August 16, 2015
16:59 EDTFOXA, CMCSA'Straight Outta Compton' sidesteps rivals in $56.1M weekend debut
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14:41 EDTDISDisney announces 'Star Wars' theme park expansion
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August 14, 2015
17:29 EDTFOXAGreenlight Capital gives quarterly update on stakes
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14:42 EDTCBSLumber Liquidators rallies ahead of CBS rerun on new Tiger stake
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13:46 EDTCBS'60 Minutes' to rerun with updates Lumber Liquidators piece, Bloomberg says
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13:03 EDTFOXAOmega Advisors gives quarterly update on stakes, discloses stake in Google
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12:41 EDTDISDisney, Maker Studio's deal could be smaller than anticipated, Re/code says
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12:29 EDTCMCSAComcast to launch online video platform called Watachable, Business Insider says
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11:24 EDTCMCSA, FOXAFly Watch: 'Straight Outta Compton' expected to lead weekend box office
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10:00 EDTCBSCBS management to meet with Topeka
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