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Stock Market & Financial Investment News

News Breaks
March 27, 2014
11:35 EDTCMCSA, FOXA, TWXMSNBC struggling, Politico reports
Comcast's (CMCSA) MSNBC saw its viewership and revenue drop more sharply last year than either of its two rivals, 21st Century Fox's (FOXA) Fox News and Time Warner's (TWX) CNN, according to Nielsen data, Politico reports. MSNBC's prime time viewership tumbled 24% last year, while its revenue was estimated to have dropped 2%, Politico added. It is believed that the network brought in about $475M, less than half of CNN's total and about 25% of Fox's revenue, Politico reported. Reference Link
News For CMCSA;FOXA;TWX From The Last 14 Days
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October 15, 2014
09:51 EDTTWXTime Warner sees adjusted EPS $6 by 2016, $8 by 2018
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07:58 EDTFOXARentrak deal with Fox affirms strategy, says Brean Capital
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October 13, 2014
06:32 EDTCMCSAUniversal receives approval to open $3.27B theme park in Beijing, WSJ reports
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October 12, 2014
15:54 EDTCMCSA, FOXA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
October 10, 2014
13:17 EDTCMCSA, FOXANielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
08:05 EDTFOXA21st Century Fox, Apollo Global agree to form content joint venture
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08:03 EDTFOXA21st Century Fox, Apollo Global form content joint venture
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07:04 EDTCMCSA, TWXAmazon in talks to join digital locker for movies. WSJ reports
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06:42 EDTTWX, FOXATime Warner CEO to be questioned on growth plans, NY Post reports
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05:18 EDTTWXTime Warner to host investor meeting
Investor meeting to be held on October 15 at 9:30 am. Webcast Link
October 9, 2014
11:00 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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10:59 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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08:18 EDTCMCSATime Warner Cable to host special shareholder meeting
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October 8, 2014
13:27 EDTFOXASoftBank no longer talking to DreamWorks, Buzzfeed reports
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11:04 EDTCMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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11:03 EDTCMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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07:13 EDTCMCSA, FOXAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 7, 2014
10:02 EDTTWXOn The Fly: Analyst Initiation Summary
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09:04 EDTFOXAFox Sports Radio, DirecTV announce partnership to launch Rich Eisen Show
FOX Sports Radio (FOXA) and DIRECTV (DTV) announced a partnership to launch The Rich Eisen Show into national radio syndication. Eisen will debut as part of FOX Sports Radio’s national weekday lineup in the noon to 3 p.m. ET timeslot, beginning November 3. FOX Sports Radio/Premiere Networks will also provide exclusive radio ad sales representation for The Rich Eisen Show.
07:49 EDTTWXTime Warner initiated with a Buy at MKM Partners
Target $90.
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