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Stock Market & Financial Investment News

News Breaks
February 7, 2013
08:45 EDTCMCSA, CMCSA, FTR, FTR, S, SFCC to hold a broadband summit
The Federal-State Joint Conference on Advanced Services discuss best practices learned from broadband adoption programs and academic studies/surveys in a summit being held at FCC Washington, D.C. offices on February 7 at 8:45 am. Webcast Link
News For CMCSA;FTR;S From The Last 14 Days
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August 19, 2015
09:13 EDTCMCSAComcast upgraded to Buy from Neutral at MoffettNathanson
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08:56 EDTFTRFrontier Communications initiated with an Overweight at Stephens
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08:22 EDTSSprint traffic levels increasing, says Pacific Crest
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August 18, 2015
18:35 EDTSSoftbank increases Sprint stake by roughly 16.8M shares
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16:49 EDTCMCSAOn The Fly: Top stock stories for Tuesday
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11:34 EDTSSprint rises on plans to abandon two-year contracts
Sprint shares are higher this morning after the company's chief executive officer said that the carrier plans to move away from two-year contracts. WHAT'S NEW: In an interview with The Wall Street Journal, Sprint CEO Marcelo Claure said that the company will stop offering two-year contracts by the end of 2015 in favor of a "smartphone lease" model. Sprint began offering a lease option last year, The Journal noted, and Claure said the carrier is planning to move entirely to that model by the end of the year. As part of its shift, Sprint yesterday unveiled iPhone Forever, a new leasing plan that starts at $22 per month for an iPhone. WHAT'S NOTABLE: In a similar move earlier this month, Sprint rival Verizon (VZ) said it would drop phone subsidies and two-year contracts for new customers. T-Mobile (TMUS), another market rival, abandoned contracts over two years ago, leaving AT&T (T) as the only major U.S. carrier still offering to subsidize new smartphone purchases. Separately, Softbank (SFTBF), Sprint's primary stakeholder, disclosed last week that it increased its holdings in the company to approximately 80%, though the company said it does not plan for its stake in the carrier to exceed 85%. Meanwhile, a study released Tuesday by RootMetrics, an independent company that evaluates wireless networks, shows that Sprint is improving its network, having solidified third place nationally in overall performance, surpassing T-Mobile for the second consecutive six-month stretch. PRICE ACTION: Sprint is up 7c, or 1.52%, to $4.67 in morning trading.
10:17 EDTCMCSADisney downgraded as Wells moves away from content providers
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08:04 EDTCMCSABuzzFeed says NBCUniversal to make $200M equity investment in company
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August 17, 2015
20:09 EDTCMCSACable companies test virtual reality offerings, Variety says
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19:54 EDTCMCSAComcast online video platform to give creators 70% share of ad revenue, WSJ says
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18:12 EDTSSprint to move away from two-year contracts, WSJ says
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08:22 EDTSSprint customers can upgrade iPhone anytime, included in monthly rate
Sprint (S) announced that customers can upgrade their Apple (AAPL) iPhone anytime, included in their monthly rate. New and upgrade eligible Sprint customers can get iPhone for just $22 per month with iPhone Forever. Anytime customers don't have the latest iPhone, they are eligible to upgrade. They bring their iPhone, upgrade on the spot and away they go. It's that simple. iPhone Forever is available on any eligible Sprint rate plan and upgrade eligibility is always included in your price. New or existing customers who are upgrade eligible can bring in any smartphone and get a 16GB iPhone 6 model and their monthly rate will be reduced to just $15 until their next upgrade. As a special promotion, customers who get iPhone 6 and upgrade before December 31 continue with the discount price of $15 until their next upgrade.
August 16, 2015
16:59 EDTCMCSA'Straight Outta Compton' sidesteps rivals in $56.1M weekend debut
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August 14, 2015
12:29 EDTCMCSAComcast to launch online video platform called Watachable, Business Insider says
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11:24 EDTCMCSAFly Watch: 'Straight Outta Compton' expected to lead weekend box office
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August 13, 2015
17:12 EDTCMCSAApple delays live TV service until 2016 as licensing talks drag, Bloomberg says
Apple (AAPL) is now targeting a 2016 launch date for its live TV streaming service, reports Bloomberg, citing people familiar with the plans. Licensing discussions with network owners such as CBS (CBS), 21st Century Fox (FOX, FOXA), and Comcast's (CMCSA, CMCSK) NBC are progressing slowly, said the sources, adding that Apple is also lacking in computer network capacity. The tech giant is pursuing a $40 per month price point for the internet TV package, a goal which is encountering pushback from TV programmers, according to the sources. Reference Link
13:14 EDTCMCSANBC to keep Jimmy Fallon as 'Tonight Show' host through 2021, Variety reports
NBC has extended Jimmy Fallon's "Tonight Show" contract through the fall of 2021, Variety reports, citing comments made at NBC's Television Critics Association press tour presentation. Reference Link
08:03 EDTFTRFrontier Communications enters into new $1.5B term loan agreement
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06:45 EDTCMCSAFCC proposes review of 'totality of circumstances test' for retransmission talks
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06:21 EDTCMCSAUniversal to pay for security at 'Straight Outta Compton' screenings, WSJ says
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