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Stock Market & Financial Investment News

News Breaks
March 10, 2014
09:43 EDTNFLX, CMCSA, SNE, LGF, CMCSKComcast, Sony strike deal to sell "House of Cards," Variety reports
Comcast (CMCSA) subscribers will be able to watch "House of Cards" without Netflix (NFLX), Variety reports. The series will be available through a deal Comcast struck with Sony Pictures Home Entertainment (SNE), Comcast Cable president and CEO Neil Smit said at the Deutsche Bankís 2014 Media, Internet and Telecom Conference. "Orange Is the New Black "will be hitting Comcast Xfinity Store on May 13, through the operatorís distribution deal with Lionsgate (LGF). Reference Link
News For CMCSA;CMCSK;SNE;NFLX;LGF From The Last 14 Days
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June 23, 2015
16:32 EDTNFLXNetflix up 1.8% after announcing seven-for-one stock split
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16:31 EDTNFLXNetflix announces seven-for-one stock split
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16:30 EDTNFLXNetflix announces seven-for-one stock split
13:09 EDTCMCSA, NFLXHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
09:36 EDTNFLXActive equity options trading on open
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09:02 EDTLGFLionsgate promotes Tim Palen to Chief Brand Officer
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06:05 EDTSNENo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
15:04 EDTCMCSA, CMCSKT-Mobile could abandon DISH for Comcast, Forbes contributor says
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09:51 EDTSNESony to launch 1-terabyte PlayStation 4 in July
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07:39 EDTNFLXNetflix price target raised to $950 on business momentum at BTIG
BTIG raised Buy rated Netflix's price target to $950 from $600 citing business model momentum. The firm's analyst believes Netflix can grow substantially beyond 50M domestic subs. In addition, as the MVPD bundle unravels, BTIG expects consumers will have money to spend on Netflix and other SVOD services. As the price/value of Netflix grows, the firm believes there is substantial upside potential to its ARPU estimates. BTIG expects Worldwide streaming subs to expand to over 108M by 2017, up from 101M, compared to 57M at year-end 2014. Furthermore, BTIG believes Netflix could reach 140M global subscribers by 2020.
06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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June 21, 2015
17:57 EDTCMCSA, CMCSKRealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTCMCSK, CMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
16:00 EDTNFLXOptions Update; June 19, 2015
iPath S&P 500 VIX Short-Term Futures up 11c to 18.21, Option volume leaders: AAPL TWTR BAC T FB GILD NFLX BABA AAL MU AMZN
14:07 EDTNFLXOptions with increasing implied volatility: NFLX CI TRIP AET
11:52 EDTCMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSA, CMCSKComcast announces death of founder and Chairman Emeritus Ralph Roberts
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09:37 EDTNFLXActive equity options trading on open
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07:51 EDTSNEGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
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07:30 EDTNFLXNetflix price target raised to $800 from $610 at Oppenheimer
Oppenheimer analyst Jason Helfstein raised his 12-18 month price target for shares of Netflix to $800 from $610. The streaming service closed yesterday up $3.30 to $663.20. The new target reflects the company's plans to enter Japan, Cuba, Spain, Italy and Portugal, all in 2015, the analyst tells investors this morning in a research note. Helfstein's revised model assumes global subscribers of 239M in 2020, equaling 32% penetration of broadband homes, which the analyst says is consistent with Netflix's 2015 rates in older markets. He reiterates an Outperform rating on the stock.
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