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Stock Market & Financial Investment News

News Breaks
July 6, 2013
14:29 EDTCMCSA, DIS, FOXA, DTV, T, TWC, KKRHulu 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
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September 9, 2014
11:01 EDTCMCSAComcast, Univision reach long-term agreement for distribution of UDN
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08:23 EDTKKRU.S. Treasury Dept and U.S. Transportation Dept to co-host a summit
Infrastructure Investment Summit to be held in Washington, D.C. on September 9 with webcasted presentations to begin at 8:30 am. Webcast Link
07:44 EDTTWC, CMCSAComcast price target raised to $72 from $60 at UBS
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07:29 EDTTUBM Canon to hold a summit
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07:28 EDTFOXAFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
07:17 EDTT, TWCThe Wireless Association to hold a conference
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07:11 EDTTUBM Tech to hold a conference
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06:03 EDTTTelefonica to trial AT&T's connected home technology in Europe
AT&T (T) and Telefonica (TEF) last night announced plans for a limited trial of AT&T's home security and automation service in Europe. By licensing the AT&T Digital Life platform, Telefonica can offer trial users a wireless home automation platform all managed through an easy-to-use, web-based user interface. AT&T independently owns its platform, allowing for others to license a turnkey solution. AT&T Digital Life is an IP-based, all wireless, home security, smart automation and energy management solution, all contained in an easy-to-use mobile app. Telefonica is the first company to license AT&T's Digital Life platform.
05:16 EDTTSprint announces improved phone-trade in program, price match guarantee
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September 8, 2014
10:51 EDTTAT&T U-verse TV, Rural Media Group reach distribution agreement
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06:59 EDTCMCSA, TWCTWC workers to split $416M if Comcast deal falls through, Reuters says
In order to keep employees from leaving while federal regulators mull the final agreement, Time Warner Cable (TWC) workers will split $416M if the company's merger deal with Comcast (CMCSA) does not transpire, according to Reuters, citing a proxy statement. Reference Link
06:20 EDTTWC, CMCSADiscovery: Comcast-TWC merger gives unfair advantage, NY Post reports
Discovery (DISCA) said Comcast's (CMCSA) takeover of Time Warner Cable (TWC) could give the combined company an unfair advantage over programmers, reports the New York Post. Discovery said the the company would have an advantage in carriage negotiations and in the advertising realms by refusing to share set-top-box data with programmers. Reference Link
05:51 EDTKKRKKR announces ownership of Papresa
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September 7, 2014
20:37 EDTTApple's new iPhones face risk as carriers begin subsidy phase out, WSJ says
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September 5, 2014
09:18 EDTDISDISH debuts ESPN Fantasy Football app
As the NFL kicks off its 2014 season, DISH (DISH) is adding an ESPN Fantasy Football app that delivers fantasy stats directly to customers’ TV screens. ESPN is owned by Disney (DIS).
06:41 EDTCMCSA, TFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
06:05 EDTFOXAWarner Bros. to eliminate jobs 'at every level' acros studio, Deadline reports
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06:01 EDTDISESPN head doesn't see people using Google for big sports events, Re/code reports
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05:33 EDTTAT&T to offer Moto X, Moto Hint
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05:19 EDTDTVDirecTV calls on Raycom Media to free NFL, college football games
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