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Stock Market & Financial Investment News

News Breaks
March 9, 2012
06:20 EDTCMCSA, CMCSK, DISUniversal's "The Lorax" expected to outsell "John Carter," LA Times reports
"Dr. Seuss' The Lorax," which is distributed by Comcast's (CMCSA) Universal Pictures, is expected to upstage "John Carter," Walt Disney Studios' (DIS) $250M-plus fantasy epic, at the weekend box office, the LA Times reports. "John Carter" could bring in up to $40M this round, but pre-release audience surveys suggest the movie may only sell $20M-425M worth of tickets over the three-day period. Reference Link
News For CMCSA;CMCSK;DIS From The Last 14 Days
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October 15, 2014
16:00 EDTCMCSAOptions Update; October 15, 2014
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October 14, 2014
07:23 EDTDISCBS more attractive than Disney, says Wells Fargo
Among media and cable stocks, Wells Fargo sees the least risk and most reward potential in CBS (CBS). The firm sees the least reward potential and most risk in Disney (DIS). The firm believes that the market is overestimating the ad declines for CBS, and it thinks that CBS' stock may have finally bottomed. Disney has a relatively expensive valuation and tough comps, added Wells Fargo, which keeps Outperform ratings on both stocks.
October 13, 2014
06:32 EDTCMCSK, CMCSAUniversal receives approval to open $3.27B theme park in Beijing, WSJ reports
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October 12, 2014
15:54 EDTCMCSA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
15:10 EDTDISDisney's Maker Studios to create programming for parent company, Bloomberg says
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October 10, 2014
13:17 EDTCMCSA, DISNielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
07:04 EDTCMCSAAmazon in talks to join digital locker for movies. WSJ reports
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October 9, 2014
18:11 EDTDISDisney CEO Iger says Shanghai Park to avoid Paris' troubles, Bloomberg reports
Disney CEO Bob Iger said the company's theme park in Shanghai, which is slated to open in 2015, will not experience the same problems that its Paris facility did, Bloomberg reports. Reference Link
11:00 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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10:59 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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08:18 EDTCMCSATime Warner Cable to host special shareholder meeting
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October 8, 2014
11:04 EDTCMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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11:03 EDTCMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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09:20 EDTDISJ.C. Penney says will expand Disney stops in stores to 680 from 500
09:20 EDTDISJ.C. Penney CEOsays will open more Sephora shops in store
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07:13 EDTDIS, CMCSAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 6, 2014
10:16 EDTDISNBA confirms new nine-year deal with Turner Broadcasting, Disney
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06:41 EDTCMCSA'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
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06:35 EDTDISSecond largest Euro Disney stakeholder to choose on rights issue, Reuters says
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05:17 EDTDISDisney provides statement on recapitalization plan for Euro Disney
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