New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
10:28 EDTCMCSA, MEG, SBGI, FOXA, GTN, CBS, DIS, NXSTBroadcasters jump after Supreme Court rules against Aereo
The Supreme court ruled 6-3 in favor of television network owners and against Aereo, which sells a service that allows its subscribers to watch television programs over the Internet at about the same time as the programs are broadcast over the air. WHAT'S NEW: Television broadcasters that own the copyrights in many of the programs that Aereo streams sued the service for copyright infringement. A district court previously denied an injunction against Aereo that was sought by television networks and the Second Circuit affirmed, but the Supreme Court ruled that "Because Aereo’s activities are substantially similar to those of the CATV companies that Congress amended the Act to reach, Aereo is not simply an equipment provider." PRICE ACTION: Following the Supreme Court ruling against Aereo and in favor of broadcast TV network owners, shares of CBS (CBS) are up more than 5%. Shares of Disney (DIS), which owns ABC Network, are up 1.4%, 21st Century Fox (FOXA), the owner of Fox, is up 1.6% and Comcast (CMCSA), which owns NBC, is up 1%. Meanwhile, owners of television stations are up as well, with Sinclair Broadcast Group (SBGI) up 14%, Nexstar (NXST) up 12%, Media General (MEG) up 6% and Gray Television (GTN) up 4.6%. Reference Link
News For CBS;SBGI;NXST;GTN;MEG;DIS;FOXA;CMCSA 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 | all recent news | >>
February 23, 2015
07:38 EDTCMCSAComcast, AT&T deals could be delayed by document access case, WSJ says
Subscribe for More Information
07:00 EDTFOXA21st Century Fox says 'no truth' in rumors of Discovery talks, Reuters reports
Subscribe for More Information
06:34 EDTFOXA21st Century Fox, Discovery held preliminary merger talks, AFR reports
21st Century Fox (FOXA) executives met with their counterparts at Discovery Communications (DISCA) nearly two weeks ago to discuss a possible takeover offer, The Australian Financial Review reports, citing sources. According to the sources, discussions were "nascent" and talks are in the "very, very early days." A spokesperson for 21st Century Fox has denied talks took place. Reference Link
February 22, 2015
13:03 EDTDISDisney raises prices at the Magic Kingdom, Orlando Sentinel says
Subscribe for More Information
February 20, 2015
12:02 EDTCMCSAComcast management to meet with Jefferies
Subscribe for More Information
07:18 EDTCMCSAComcast volatility elevated into Q4 and outlook
Subscribe for More Information
06:49 EDTCMCSAMSNBC cancels two talk shows, Politico says
Subscribe for More Information
February 19, 2015
10:05 EDTCBSCBS says Hulu bought video on demand rights to CSI
Subscribe for More Information
07:30 EDTCMCSANBC 'Nightly News' sees drop in ratings post-Brian Williams, WSJ says
Subscribe for More Information
February 18, 2015
10:05 EDTCBSOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:49 EDTCBSCBS initiated with a Neutral at Rosenblatt
Subscribe for More Information
07:45 EDTSBGISinclair Broadcast sees FY15 barter and trade revenue $129.0M
Subscribe for More Information
07:44 EDTSBGISinclair Broadcast sees Q1 net broadcast revenues up 22.2%-23.3%
Subscribe for More Information
07:40 EDTSBGISinclair Broadcast reports Q4 adjusted EPS 84cc, consensus 76c
Reports Q4 revenue $613.8M, consensus $599.47M.
07:13 EDTCMCSANational Association of Regulatory Utility Commission to hold a meeting
Subscribe for More Information
06:33 EDTCMCSAJAKKS Pacific signs licensing agreement for Universal Pictures franchise
Subscribe for More Information
February 17, 2015
17:29 EDTFOXABerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
Subscribe for More Information
15:32 EDTSBGINotable companies reporting before tomorrow's open
Subscribe for More Information
12:56 EDTDIS, CBS, FOXA, CMCSADecline of TV viewing accelerated, NY Post reports
Subscribe for More Information
07:15 EDTCMCSA, FOXA'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link
1 | 2 | 3 | 4 | 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