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Stock Market & Financial Investment News

News Breaks
July 7, 2013
14:03 EDTCMCSA, DIS‘Despicable Me 2’ beats ‘Lone Ranger’ for holiday weekend, Bloomberg says
Universal Pictures’ (CMCSA) animated feature “Despicable Me 2” topped Walt Disney's (DIS) " The Lone Ranger" at the box office for the 4th of July weekend, says Bloomberg. “Despicable Me 2” took in $82.5M from Friday to Sunday, while “The Lone Ranger” took in $29.4M for the same time period, added Bloomberg. Reference Link
News For CMCSA;DIS From The Last 14 Days
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April 9, 2014
07:28 EDTCMCSAComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTCMCSAComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
14:36 EDTCMCSADirecTV confirms new agreement reached with Weather Channel
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14:22 EDTCMCSAWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
12:55 EDTCMCSAComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:01 EDTCMCSAComcast says consumers would benefit from acquisition, The Hill says
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09:04 EDTCMCSA, DISAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:57 EDTCMCSASmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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07:52 EDTCMCSAComcast, Time Warner execs go before critic at hearing, Reuters says
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07:25 EDTDISBook by Pixar president explains growth crisis under Disney, Bloomberg says
"Creativity, Inc," a new book by Pixar's president Ed Catmull, describes three crises the company faced after it was acquired by Disney seven years ago, according to Bloomberg, citing comments from Catmull in his book. Reference Link
06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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06:27 EDTDISMajor movie studios file lawsuit against Megaupload, Engadget reports
The MPAA announced that major movie studios have filed a civil lawsuit against filesharing site megaupload two years after federal investigators shut down the website and filed criminal charges against its founder, reports Engadget. The lawsiut targets the site's Uploader Rewards program with the claim that the business model was "designed to encourage theft." Reference Link
April 7, 2014
08:19 EDTDIS'Captain America' sequel breaks records with $96.2M debut, LA Times says
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07:45 EDTDISNoble Financial Capital Markets to hold a forum
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April 3, 2014
14:59 EDTDISWalt Disney volatility low into “Captain America: The Winter Soldier”
Walt Disney April weekly call option implied volatility at 20, May is at 22, July is at 20; compared to its 26-week average of 23 according to Track Data, suggesting decreasing price movement into the release “Captain America: The Winter Soldier”.
April 2, 2014
10:02 EDTCMCSAComcast awarded GSA schedule 70 contract for Business Ethernet
Comcast Business announced that it was awarded a Schedule 70 contract with the General Services Administration, GSA, which enables the company to sell directly to federal, state and local government customers. The initial Schedule 70 applies to Comcast Business Ethernet services. In the future, Comcast said it plans to expand the Schedule to also include its full voice product suite, as well as its Business Internet and Business TV offerings.
08:40 EDTCMCSATime Warner Cable volatility low into review of Comcast buyout
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07:51 EDTCMCSASeveral communications companies could be bought, says Oppenheimer
Oppenheimer says that the following communications companies could become takeover targets: T-Mobile (TMUS), DirecTV (DTV), DISH (DISH), Level 3 (LVLT), tw telecom(TWTC), and Rackspace (RAX). The firm calls T-Mobile "a prime target," and thinks the company has several potential suitors and is best positioned to benefit from current trends. Oppenheimer expects the major surviving companies in the space to be Comcast (CMCSA), AT&T (T), Verizon (VZ), and Sprint (S). It keeps Outperform ratings on T-Mobile, Rackspace, Comcast, and Verizon. It has Perform ratings on Level 3, tw telecom, and Sprint.
06:40 EDTDISDisney expanded use of new high tech wristbands, NY Times says
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06:18 EDTDIS, CMCSAHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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