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Stock Market & Financial Investment News

News Breaks
January 15, 2014
14:28 EDTCMCSA, LRY, CMCSKComcast, Liberty Property to develop $1.2B mixed-use tower
Comcast Corporation (CMCSA, CMCSK) and Liberty Property Trust (LRY) announced they will jointly develop the “Comcast Innovation and Technology Center” in Center City Philadelphia. The project will be owned by a joint venture, 80% owned by Comcast and 20% by Liberty Property Trust, and managed by Liberty. The project includes an approximately $1.2B private investment of which approximately $900M will be funded by the joint venture and approximately $300M will be tenant funded interior improvements. The proposed 59-story, 1,121-foot tower will neighbor Comcast Center, Comcast’s global headquarters, and will be home to the operations of local broadcast television stations NBC 10/WCAU and Telemundo 62/WWSI. In addition to office space, the Comcast Innovation and Technology Center will house a Four Seasons hotel, featuring more than 200 rooms. Four Seasons will continue to manage its existing hotel at 1 Logan Square and assist the owner with the transition to a new brand prior to the expected opening of the new hotel in 2017.
News For CMCSA;LRY;CMCSK From The Last 14 Days
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April 17, 2014
06:58 EDTCMCSANetflix, Comcast deal questioned by senator, NY Post says
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April 16, 2014
06:27 EDTCMCSK, CMCSANBCUniversal planning digital video push
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05:54 EDTCMCSATime Warner Cable upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Time Warner Cable (TWC) to Outperform on expectations the merger with Comcast (CMCSA) will get approved. Wells raised the low end of its price target range for shares to $140-$160 from $132.50-$160.
April 15, 2014
07:26 EDTCMCSK, CMCSAReport: Comcast raised advertised basic TV rates 68% over 4 years, NY Post says
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April 14, 2014
13:19 EDTCMCSANetflix's streaming speeds on Comcast jumped, The Verge reports
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April 10, 2014
07:49 EDTCMCSALawmakers concerned over Internet share of combined Comcast-TWC, LAT says
During merger review proceedings, legislators on the Senate Judiciary Committee expressed particular concern about the 40% nationwide share of the Internet market that would be held by a combined Comcast (CMCSA) and Time Warner Cable (TWC) if the two are permitted to merge, reported The Los Angeles Times. Reference Link
07:21 EDTCMCSK, CMCSAHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
07:31 EDTCMCSASenate Judiciary Committee to hold a hearing
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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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10:23 EDTCMCSKHigh option volume stocks: VIAB CMCSK OHRP SA AER
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09:04 EDTCMCSAAmazon 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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06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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April 7, 2014
10:50 EDTCMCSKHigh option volume stocks: HST SEAS SXC CMCSK MILL
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