New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 27, 2014
11:35 EDTCMCSA, TWX, FOXAMSNBC 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
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
November 21, 2014
11:54 EDTCMCSAFCC order on contracts in Comcast merger review blocked by court, Bloomberg says
Subscribe for More Information
09:27 EDTFOXA21st Century Fox shares set to rise, says Sterne Agee
Subscribe for More Information
08:06 EDTCMCSAComcast Time Warner Cable outlook positive, says Wells Fargo
Subscribe for More Information
November 20, 2014
07:42 EDTFOXA, TWXStudios looking abroad for opportunity in TV licensing, WSJ reports
For U.S. television studios, such as Time Warner’s (TWX) Warner Bros., licensing shows abroad, which was once a small side business, has become a much-needed source of growth and is increasingly needed to make shows profitable, reported The Wall Street Journal. In addition to Time Warner, CBS Corp. (CBS), Sony (SNE) and 21st Century Fox (FOXA) also see huge promise from international TV distribution, the report noted. Reference Link
07:16 EDTCMCSACharter could look to buy Time Warner Cable if Comcast deal fails, WSJ says
John Malone, the chairman of Liberty Media (LMCA), said Charter Communications (CHTR) would look to buy Time Warner Cable (TWC) if TWC's deal with Comcast (CMCSA) falls through, The Wall Street Journal reports. Malone told shareholders at Liberty's investor day that he would pursue "an outright purchase" of Time Warner Cable if regulators don't approve the Comcast deal. Reference Link
November 19, 2014
13:29 EDTCMCSACharter CEO sees Comcast, Time Warner Cable deal getting done
Subscribe for More Information
13:06 EDTCMCSADeutsche Telekom CEO says T-Mobile could again attract suitors, Bloomberg says
Bloomberg quotes Deutsche Telekom (DTEGY) CEO Timotheus Hoettges speaking in interview as having said that T-Mobile (TMUS) could attract interest from suitors such as Comcast (CMCSA), DISH (DISH) or America Movil (AMOV, AMX).
November 17, 2014
06:35 EDTCMCSA'Dumb and Dumber To' takes first at the box office from 'Big Hero 6', WSJ says
Comcast (CMCSA) company Universal Pictures' "Dumb and Dumber To" brings in $38.1M at the box office, taking first away from Disney's (DIS) "Big Hero 6," which brought in $36M this weekend, reports the Wall Street Journal. "Big Hero 6" has a two week total of $111.7M in North America, the Journal adds. Reference Link
06:33 EDTTWXWarner Bros. wins 'Hobbit' royalties fight against Weinsteins, WSJ reports
Time Warner's Warner Bros. has prevailed over the Weinstein brothers in a $75M-plus lawsuit over the royalties for the second and third "Hobbit" films, the Wall Street Journal reports, citing people with knowledge of the situation. Reference Link
November 13, 2014
09:06 EDTCMCSAComcast and Boys & Girls Clubs of America launch My Future Technology initiative
Comcast NBCUniversal and Boys & Girls Clubs of America have entered into a five-year national partnership valued at tens of millions of dollars in cash and in-kind support. The partnership includes the launch of My.Future, a new technology initiative designed to teach Club members about our digital world and ignite their passion for technology.
06:17 EDTCMCSA, FOXASony unveils PlayStation Vue, a cloud-based TV service
Subscribe for More Information
06:02 EDTCMCSAComcast moving ahead with $45B acquisition of Time Warner Cable, AP reports
Subscribe for More Information
November 12, 2014
12:56 EDTCMCSAFCC chairman disagrees with Obama on Internet rules, Washington Post says
FCC Chairman Tom Wheeler told the executives of major Internet companies that he favors a more nuanced solution for regulating the Internet than the one suggested by President Obama, according to The Washington Post. Wheeler said he would "try to split the baby" between the president's proposal and the agenda of Internet executives who don't want the rules to affect their business, the newspaper stated, citing four unnamed sources who attended a meeting with Wheeler. Comcast (CMCSA), Time Warner Cable (TWC), Verizon (VZ), Cablevision (CVC) ,and AT&T (T) are major Internet Service Providers. Executives from Google (GOOG) and Yahoo (YHOO) were at the meeting with Wheeler, the newspaper said. . Reference Link
10:43 EDTFOXA, TWXBernstein downgrades Discovery, Viacom, citing 'structural decline' in TV
Research firm Bernstein sees strong evidence that audiences of ad-supported TV have entered a period of "structural decline." The firm cut its rating on Discovery (DISCA), the owner of the Discovery Channel and Animal Planet cable stations, and Viacom (VIA,VIAB), which owns MTV and and Nickelodeon. The firm also cut its price target on CBS (CBS). WHAT'S NEW: Noting that audiences for ad-supported TV have fallen by unprecedented amounts for four months, Bernstein analyst Todd Juenger added that consumption of subscription video on demand, or SVOD, services continue to grow. Meanwhile, TV networks are seeing increased competition from Internet websites for ad dollars, limiting the ability of the networks to raise ad prices, Juenger stated. The profit margins and return on investment of content owners are likely to decline over time, the analyst believes. He downgraded Discovery to Market Perform from Outperform and set a $37 price target on the stock, and cut Viacom to Underperform from Market Perform, placing a $71 price target on that stock. Juenger reduced his price target on CBS to $55 from $60 and kept a Market Perform rating on the shares. He kept Outperform ratings on 21st Century Fox (FOXA), Disney (DIS), and Time Warner (TWX), saying that those are least affected by the trend, as they are less dependent than their peers on the American TV ad market and have a large amount of sports programming. PRICE ACTION: In mid-morning trading, Discovery lost 0.6% to $31.81, Viacom class A shares gained 0.6% to $70.09, CBS fell 0.7% to $51.48, Twenty-First Century Fox class A shares lost 0.5% to $34.75, Time Warner fell 0.5% to $77.69 and Disney was flat near $90 per share.
10:00 EDTCMCSAOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:28 EDTCMCSAComcast weakness on Title II pullback a buying opportunity, says Goldman
Goldman recommends buying Comcast on Title II weakness. The firm said Comcast's business practices are largely in-line with the proposed rules, suggesting minimal impact to operations. The firm reiterates its Buy rating and $65 price target.
08:19 EDTCMCSAComcast downgraded to Hold from Buy at Maxim
Maxim downgraded Comcast to Hold saying the company's Internet pricing power could be negatively impacted from potential net neutrality legislation. The firm prefers to wait on the sidelines pending greater clarity into potential Title II legislation.
07:45 EDTCMCSAARRIS should be bought on weakness, says RBC Capital
Subscribe for More Information
07:10 EDTCMCSAComcast downgraded to Hold from Buy at Maxim
Subscribe for More Information
06:22 EDTTWXFunny or Die hires Moelis to explore potential sale, WSJ reports
Subscribe for More Information
1 | 2 | all recent news | >>

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