New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 6, 2013
14:29 EDTKKR, DTV, CMCSA, TWC, FOXA, T, DISHulu deal depends on rights to TV shows, WSJ says
With the auction for Hulu entering its last stage, the owners of of the service: 21st Century Fox (FOXA), Walt Disney (DIS) and NBC parent Comcast (CMCSA) proposed content-licensing arrangements with potential buyers that would allow the broadcasters to limit the availability of certain hit shows on Hulu's service, says the Wall Street Journal. Contenders for Hulu include: DirecTV (DTV ); Chernin Group, backed by AT&T (T); and Guggenheim Digital Media. Others who have shown interest in Hulu include cable operator Time Warner Cable (TWC) and private-equity firm Kohlberg Kravis Roberts (KKR), added the WSJ. Reference Link
News For CMCSA;DIS;FOXA;DTV;T;TWC;KKR 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 >>
August 25, 2015
13:59 EDTCMCSAHouzz acquires GardenWeb from NBCUniversal
Houzz, a start-up that operates a platform for home remodeling and design, announced on its corporate blog that it has completed the acquisition of the GardenWeb home and gardening community from Comcast's NBCUniversal. Reference Link
10:57 EDTFOXA, DISHilliard Lyons upgrades Disney after recent pullback
Subscribe for More Information
10:10 EDTDISDisney upgraded to Buy from Long-Term Buy at Hilliard Lyons
08:33 EDTCMCSAComcast expands advanced fiber network to Meyers Business Park
Subscribe for More Information
07:07 EDTCMCSAComcast to increase speeds for Xfinity Twin Cities area customers
Subscribe for More Information
06:25 EDTTAT&T to rebrand services in Mexico, WSJ reports
Subscribe for More Information
06:16 EDTKKRKKR, Carlyle bid for Tesco's South Korean unit, Reuters reports
Subscribe for More Information
August 24, 2015
16:00 EDTTOptions Update; August 24, 2015
Subscribe for More Information
09:45 EDTFOXAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:34 EDTFOXA21st Century Fox downgraded to Hold from Buy at Needham
Subscribe for More Information
August 23, 2015
19:13 EDTTBT executive says Verizon, AT&T abusing landline duopoly, FT reports
In a Financial Times interview published Sunday, BT Group's (BT) Americas president Bas Burger said Verizon (VZ) and AT&T (T) are abusing their control over telephone and broadband lines to charge inappropriate access fees to companies like BT. "For a western world country it is the worst I've seen... There is not sufficient regulation to create competition: almost all access is being provided by two companies and they have divided the country among themselves," remarked Burger, adding that the two companies are also not required to fix network problems within any specific timeframe. Reference Link
16:22 EDTFOXA, CMCSA'Straight Outta Compton' finds little contention for No. 1 box office spot
Subscribe for More Information
August 21, 2015
16:01 EDTDISOptions Update; August 21, 2015
Subscribe for More Information
13:11 EDTCMCSA, FOXAFly Watch: 'Straight Outta Compton' eyes second weekend at top spot
Subscribe for More Information
09:34 EDTDISActive equity options trading on open
Active equity options trading on open: AAPL FB BAC NFLX DIS TSLA TWTR
08:54 EDTDISDisney price target lowered to $89 from $98 at Cowen
Cowen lowered its price target on Disney to $89 from $98 following Q3 results. The firm said the company's share price leaves little room for error and the lower growth rate in cable will likely put pressure on the Studio segment. Cowen maintained its Market Perform rating on Disney shares given its historical and projected growth rates have not been superior to peers.
08:53 EDTDIS, FOXAAfter rough week, Disney shares expected to recover
With fears of cord cutting and declining advertising rates consuming the minds of investors and analysts this week, Disney (DIS) shares have dropped 7% over the past five trading days. Stepping out of the growing pack of bearish analysts is FBR Capital's Barton Crockett. ROUGH WEEK: On Tuesday, Wells Fargo analyst Marci Ryvicker downgraded her rating on Disney (DIS), CBS (CBS), 21st Century Fox (FOXA) to Market Perform from Outperform. None of the large media companies reported that their revenue from cable stations or broadcast networks increased in the most recent quarter, Ryvicker told investors. TV distributors have more favorable characteristics than the media companies, she argued. Then on Thursday, Bernstein analyst Todd Juenger downgraded Disney (DIS), along with Time Warner (TWX), to Market Perform from Outperform. The move by viewers away from ad-supported platforms to non-ad-supported services like Netflix (NFLX) will bring a "prolonged structural decline" to the U.S. television industry, Juenger contended. PATH TO RECOVERY: Sentiment is driving Disney and the media stocks lower, FBR Capital's Barton Crockett tells investors this morning in a research note titled "Performance Is the Best Defense: How Disney, Near Term, Can Separate from Peers." Cord cutting and advertising fears are taking down the valuation multiples in the media sector, but consensus earnings estimates are little changed, the analyst writes. Cord cutting is the term used to describe the dropping of cable or satellite TV in favor of an online streaming service. Crockett sees a number of "performance positives near term" that can help shares of Disney recover. The owner of ESPN can separate itself from peers with solid second half of 2015 advertising trends when football returns, he believes. Disney can also benefit from the retail push for Star Wars movie merchandise, starting with a midnight door-buster national product launch on September 4, the analyst writes. PETER OUT: Crockett expects cord-cutting fears to "peter out." Cable bundles broadband with TV, and most households have a sports fan, he points out. While Netflix takes audiences from non-sports content, sports will save the bundle subscription model that benefits Disney's ESPN unit, Crockett thinks. He has an Outperform rating on Disney with a $124 price target. The stock closed yesterday down $6.44, or 6%, to $100.01. Over the past three months, Disney is down over 9%.
07:36 EDTKKRKKR, Affinity teaming up to bid for Tesco's South Korean unit, Reuters reports
KKR (KKR) is teaming up with Affinity Equity Partners to bid for Tesco's (TSCDY) South Korean unit, Reuters reports, citing sources. Another bidder, Carlyle (CG), is teaming up with Singapore's GIC, the sources say. The Tesco unit is valued at about $6B. Reference Link
07:34 EDTDISNFL return, Star Wars can help Disney shares recover, says FBR Capital
Subscribe for More Information
05:44 EDTDISStocks with implied volatility movement; DIS MRK
Subscribe for More Information
1 | 2 | 3 | 4 >>

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