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Stock Market & Financial Investment News

News Breaks
January 27, 2014
08:46 EDTCBS, TWX, DIS, FOXA, CMCSAComcast's NBC seen as in lead for NFL Thursday package, Adweek says
Insiders say Comcast's (CMCSA) NBC has the best shot at landing the rights to a new Thursday night TV package being auctioned off by the National Football League, which also received bids from current rights holders CBS (CBS), Fox (FOXA), NBC and ESPN (DIS) and from former partner Turner Sports (TWX), according to Adweek. Sources think the top bidder will be revealed within the next seven to 10 days and said the NFL was hoping for $750M-$800M for the slate, the report added. Reference Link
News For CMCSA;DIS;CBS;FOXA;TWX From The Last 14 Days
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April 17, 2015
14:06 EDTCMCSADOJ lawyers leaning toward suit to block Comcast-TWC deal, Bloomberg says
Lawyers at the Justice Department’s antitrust division are leaning toward making a recommendation to file suit to block Comcast’s (CMCSA) proposed purchase of Time Warner Cable (TWC), according to Bloomberg, citing people familiar with the matter. Staff attorneys could submit their review to Renata Hesse, a deputy assistant attorney general for antitrust, as soon as next week, the report added. John Malone, the chairman of Liberty Media (LMCA), has previously said that Charter Communications (CHTR) would look to buy Time Warner Cable if its deal with Comcast falls through. Shares of Comcast are down 2.6% to $58.11 in afternoon trading after Bloomberg's report, while Time Warner Cable shares are down 5.6% to $149.30. Reference Link
14:00 EDTCMCSATime Warner Cable drops 5.5% after Bloomberg says DOJ leaning toward lawsuit
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13:57 EDTCMCSADOJ close to recommending suit to block Comcast-TWC deal, Bloomberg says
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07:00 EDTDISDisney price target raised to $120 from $105 at Jefferies
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06:17 EDTCMCSAVerizon to offer monthly custom TV plans, Reuters reports
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April 16, 2015
11:05 EDTCBSCBS April calls active amid subject of recent takeover chatter
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08:01 EDTDISJPMorgan positive on Disney into Q2 earnings report
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07:13 EDTDISDisney and Corus Entertainment sign licensing agreement in Canada
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April 15, 2015
18:36 EDTCMCSANetflix CEO says company looking for FCC to block Comcast/Time Warner deal
Netflix (NFLX) CEO Reed Hastings reiterated that the FCC should block the Comcast (CMCSA) and Time Warner Cable (TWC) merger. Comment provided during Q1 earnings interview.
09:47 EDTCMCSAComcast price target raised to $84 from $70 at BofA/Merrill
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09:02 EDTDISDolby Vision to launch with Disney's Tomorrowland, Disney Pixar's Inside Out
Dolby Laboratories (DLB) and The Walt Disney Studios (DIS) announced that Disney’s Tomorrowland, in theatres May 22, 2015, and Disney•Pixar’s Inside Out, in theatres June 19, 2015, will be the first Dolby Vision titles to be shown at Dolby Cinema™ locations around the globe. In addition, Disney’s The Jungle Book, due out April 15, 2016, will also be presented in Dolby Vision, with more titles to be announced.
April 14, 2015
06:30 EDTTWXTwitter threatens Periscope users who illegally streamed 'GoT,' Mashable says
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05:51 EDTCMCSANBCUniversal teams with Germany, France broadcasters to create shows, WSJ says
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April 13, 2015
11:56 EDTTWXMedia companies look to back away from Nielsen guarantees for ads, Variety says
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08:56 EDTCMCSACPUC Commissioner asking for Comcast deal to be rejected, CT Financial News says
California Public Utilities Commissioner Mike Florio filed an alternate proposed decision on the planned merger of Comcast (CMCSA) and Time Warner Cable (TWC) that, in effect, asks the other four commissioners to reject a preliminary approval of the merger issued by a CPUC administrative law that included 25 conditions that Comcast must agree to in order to secure the pact, said CT Financial News. Reference Link
07:22 EDTFOXA, CMCSA, CBS, DISWave of media M&A may be on the way, WSJ says
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06:24 EDTTWXTime Warner tries to win over TV providers in cord-cutter pitch, WSJ says
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April 12, 2015
18:52 EDTDISDisney/ABC Television Group digital chief Albert Cheng leaving, Deadline says
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15:58 EDTTWX, CMCSA, FOXA, DISComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
14:34 EDTTWXSeason 5 ‘Game of Thrones’ episodes leaked ahead of premiere, Variety says
Nearly a full day before HBO’s (TWX) scheduled April 12 premiere of “Game of Thrones,” the first four episodes of HBO's popular fantasy series appeared up on piracy networks late Saturday, said Variety. “Sadly, it seems the leaked four episodes of the upcoming season of ‘Game of Thrones’ originated from within a group approved by HBO to receive them,” HBO said. “We’re actively assessing how this breach occurred.” Reference Link
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