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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 studio’s 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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June 26, 2015
09:18 EDTSNESirius XM discloses settlement agreement with various record companies
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05:51 EDTSNEFoxconn expects to be largest handset, tablet ODM/OEM in 2015, DigiTimes says
Foxconn Chairman Terry Guo said the company is set to be the largest OEM/ODM for handsets, tablets and desktops in 2015, reports DigiTimes. Guo added that Foxconn will establish component supply chains to increase its advantage over competitors. Reference Link
June 24, 2015
19:53 EDTCMCSAComcast to offer EA games over cable box, DSLReports says
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13:58 EDTCMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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10:36 EDTSNEElectronic Arts advances after analysts positive on E3 showing
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08:25 EDTCMCSANetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
June 23, 2015
13:09 EDTCMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
06:05 EDTSNENo clear prospects for PC component suppliers until July, DigiTimes reports
There are no clear business prospects for PC component suppliers until July, reports DigiTimes. According to sources in the supply chain, Intel's decision to delay the launch of its Skylake platform has weakened market demand for notebooks and other PC systems. The planned release of Microsoft (MSFT) Windows 10 may also affect the production of PC makers. Reference Link
June 22, 2015
15:04 EDTCMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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09:51 EDTSNESony to launch 1-terabyte PlayStation 4 in July
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06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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June 21, 2015
17:57 EDTCMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTCMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
11:52 EDTCMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
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07:51 EDTSNEGameStop CFO says 'blown away' by Microsoft virtual reality demonstration
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June 18, 2015
19:04 EDTSNEMore documents from Sony cyber attack published on WikiLeaks, Re/Code says
WikiLeaks published 276,394 more documents stolen from Sony Pictures during the movie studio's cyber attack, reports Re/Code. Reference Link
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
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13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
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06:16 EDTCMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
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