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Stock Market & Financial Investment News

News Breaks
February 12, 2013
09:33 EDTCMCSA, NWSAComcast, Fox announce comprehensive programming agreement
Comcast Corporation (CMCSA) and Fox Networks (NWSA) announced that they have reached an agreement for a new distribution pact to deliver Fox Broadcasting’s and Fox Television Stations’ content to Comcast Xfinity TV customers across televisions, computers, smartphones, tablets, gaming consoles and internet-enabled televisions. The renewal provides video service to nearly 22M Xfinity TV customers of both live and on demand programming from 20 FTS broadcast stations as well as FX, FX Movie Channel, SPEED, FUEL TV, FOX Soccer, National Geographic Channel, Nat Geo Wild, MundoFox, Fox Deportes, and Fox Business Network. Financial terms were not disclosed. However, the companies said the agreement also includes a framework for both companies to continue to collaborate on new multiplatform offerings.
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April 2, 2014
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.
06:18 EDTCMCSAHulu, Comcast expected to strike deal for past NBCU shows, WSJ reports
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