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Stock Market & Financial Investment News

News Breaks
March 10, 2014
11:37 EDTSNE, CMCSAComcast confirms digital store pact signed with Sony
Comcast (CMCSA) confirmed that it has signed an agreement with Sony Pictures Home Entertainment (SNE) to sell the studioís titles through the Xfinity On Demand digital store. In the coming weeks, Xfinity TV customers will be able to purchase Sony Pictures movies and TV shows to own and access anytime, anywhere, on any device, often before the DVD release, Comcast announced.
News For CMCSA;SNE From The Last 14 Days
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February 23, 2015
07:38 EDTCMCSAComcast, AT&T deals could be delayed by document access case, WSJ says
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07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
February 20, 2015
12:02 EDTCMCSAComcast management to meet with Jefferies
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07:18 EDTCMCSAComcast volatility elevated into Q4 and outlook
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06:49 EDTCMCSAMSNBC cancels two talk shows, Politico says
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06:11 EDTSNESony may be contemplating replacing CEO Hirai with CFO Yoshida, NY Post says
Sony may be considering replacing CEO Kaz Hirai with current CFO Kenichiro Yoshida, reports the New York Post, citing several Hollywood sources. Yoshida has received heavy media praise for his restructuring efforts and is currently set to add the title of executive deputy president in April. The article emphasizes that this is speculation among Hollywood figures. Reference Link
February 19, 2015
09:14 EDTSNESony Pictures co-chairman position may be split into multiple roles, FT says
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07:30 EDTCMCSANBC 'Nightly News' sees drop in ratings post-Brian Williams, WSJ says
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06:57 EDTSNESony to release high-end audio memory card, WSJ says
Sony will release a high-end, audio-focused memory card next month, reports the Wall Street Journal's Digits blog, citing spokesperson comments. The 64gb micro SD card will sell for $160 in Japan -- which the paper notes is roughly five times the average price for standard 64gb cards -- and produces less electrical noise when reading data. A Sony spokesperson stated, "We arenít that sure about the productís potential demand." Reference Link
February 18, 2015
12:30 EDTSNESony upgraded to Buy from Neutral at Nomura
07:13 EDTCMCSANational Association of Regulatory Utility Commission to hold a meeting
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06:33 EDTCMCSAJAKKS Pacific signs licensing agreement for Universal Pictures franchise
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06:00 EDTSNESony plans to split out Video & Sound unit, others thereafter
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05:58 EDTSNESony sets FY17 ROE target of more than 10%
Sony held its Corporate Strategy Meeting and unveiled a mid-term strategy that charts the path forward for the company over the next three years. Sony said it will position Return on Equity as its primary key performance indicator and has set a target for consolidated ROE of more than 10% and a target for consolidated operating profit of more than 500B yen for the Sony Group in FY2017, the final year of its mid-range corporate plan.
February 17, 2015
12:56 EDTCMCSADecline of TV viewing accelerated, NY Post reports
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07:15 EDTCMCSA'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link
05:52 EDTSNESony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link
February 16, 2015
19:13 EDTCMCSALiberty Global may become takeover target, NY Times says
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February 13, 2015
06:28 EDTCMCSAUniversal may top 2015 ticket sales, NY Times says
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06:14 EDTSNESamsung, HTC, others to launch non-Android Wear smart devices, DigiTimes says
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