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Stock Market & Financial Investment News

News Breaks
July 18, 2014
07:05 EDTCBS, TWX, FOX, FOXACBS CEO says will examine CNN if Time Warner puts up for sale, Reuters says
CBS (CBS) CEO Leslie Moonves said the firm would examine Time Warner's (TWX) CNN if it goes up for sale as part of a merger with Rupert Murdoch's Twenty-First Century Fox (FOX, FOXA), according to Reuters, citing comments from Moonves. Reference Link
News For CBS;TWX;FOX;FOXA From The Last 14 Days
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August 28, 2014
08:32 EDTCBSLIN Media overhang should be removed by deal, says Wells Fargo
After LIN Media (LIN) and CBS (CBS) signed a long-term affiliation agreement involving ten stations, Wells Fargo thinks the deal removes "a pretty significant overhang" on LIN's stock, since most of its affiliation deals with CBS expire on January 1, 2015, according to the firm.
07:32 EDTCBSCBS, LIN Media sign deal to renew station affiliation agreements
CBS (CBS) announced a deal with LIN Media (LIN) to renew existing station affiliation agreements for 12 LIN stations in ten markets nationwide.
07:30 EDTCBSLIN Media, CBS renew network affiliation agreements in 10 markets
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August 26, 2014
09:35 EDTFOXANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
17:04 EDTTWXTime Warner to offer buyouts to 4% of cable unit's staff, Reuters says
Time Warner's Turner cable division is set to offer buyouts to from 500 to 600 employees or approximately 4% of its staff, says Reuters. Turner is home to cable networks such as CNN, TNT and the Cartoon Network, added Reuters. Reference Link
14:51 EDTFOX, FOXAGray Television renews all Fox affiliation agreements
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10:44 EDTCBSGray Television renewal with CBS removes overhang, says Wells Fargo
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08:31 EDTCBSCBS, Gray Television sign affiliation deal
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August 21, 2014
06:20 EDTCBSCBS seeking bigger share of pay-television revenue from affiliates, WSJ reports
CBS last week stripped an Indianapolis station of its affiliation due to a fee disagreement as it seeks a bigger share of pay-television revenue, reports the Wall Street Journal. The Indianapolis station's owner LIN Media (LIN) was set to be acquired by Media General (MEG) for $1.6B this year, but Media General cut its acquisition price Wednesday by 7%, or more than $100M, with the move from CBS cited as one of the reasons. According to Gabelli & Co., the lack of a CBS affiliation may cost the statio tens of millions of dollars in annual revenue to decline. Reference Link
06:00 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
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August 15, 2014
06:03 EDTCBSCBS, Cumulus, MDC oversold after Q2 results, says Piper Jaffray
Piper Jaffray says ad-related stocks CBS (CBS), Cumulus Media (CMLS) and MDC Partners (MDCA) are oversold following the Q2 reporting season. Piper expects the ad market to turn around in Q3 and accelerate in Q4.
August 14, 2014
17:16 EDTCBSPaulson & Co gives quarterly update on stakes
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09:07 EDTTWX, FOXA, CBSMorgan Stanley to hold a conference
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06:05 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
Stocks with implied volatility below IV index mean; Time Warner (TWX) 25, Walgreen (WAG) 23 according to iVolatility.

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