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Stock Market & Financial Investment News

News Breaks
July 15, 2013
05:57 EDTCMCSA, T, DTV, FOX, NWSACable, satellite-TV firms fight rising cost of sports programming, WSJ reports
Cable and satellite-TV providers have long complained about the rising cost of sports programming. Now, with detailed new viewing data that they claim show most subscribers aren't big fans, they are beginning to fight back, reports the Wall Street Journal. Reference Link
News For CMCSA;T;DTV;FOX;NWSA From The Last 14 Days
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July 16, 2014
09:00 EDTFOXTime Warner rejects unsolicited proposal from 21st Century Fox
08:16 EDTFOX21st Century Fox says not currently in discussions with Time Warner
08:15 EDTFOX21st Century Fox says Time Warner board declined to pursue proposal
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08:14 EDTFOX21st Century Fox confirms proposal to combine with Time Warner
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08:14 EDTFOX21st Century Fox confirms proposal to combine with Time Warner
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07:43 EDTT, CMCSASenate Commerce, Science & Transportation Committee holds a hearing
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07:40 EDTCMCSAComcast to see better than expected accretion from TWC deal, says Brean Capital
Brean Capital raised its price target on Comcast (CMCSA) to $65 from $60 to reflect the potential for significant value creation and better than expected accretion from its acquisition of Time Warner Cable (TWC) including multi-billion opportunities leveraging both companies. The firm, which keeps Buy ratings on both stocks, also raised its price target on Time Warner Cable to $186 from $165.
05:58 EDTFOX, CMCSACBS CEO says 'willing to talk' to Aereo, VentureBeat reports
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July 15, 2014
08:03 EDTCMCSA, TPublic speak out on FCC 'net-neutrality' plan, WSJ says
The Federal Communications Commission's has received more than 677K comments so far from the public on its proposed 'net-neutrality' rules for how broadband providers can treat content traveling over their networks and a random sampling of the input suggests that the agency will have work to do to sell the plan, according to The Wall Street Journal. Companies that provide broadband Internet service include Comcast (CMCSA), AT&T (T), Verizon (VZ) Time Warner Cable (TWC), and Cablevision (CVC). Netflix (NFLX) sends a great deal of content over the Internet and strongly supports net neutrality. Reference Link
07:15 EDTTIIR Holdings to hold a conference
14th Annual Shopper Insights in Action Conference to be held in Chicago on July 14-16.
July 14, 2014
16:57 EDTFOXCourt of Appeals reaffirms rejection of Fox's claims against DISH's Hopper
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12:18 EDTCMCSAComcast acquired PowerCloud Systems for under $50M, TechCrunch reports
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11:17 EDTTDemand Media announces divestiture of Creativebug and CoveritLive
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10:34 EDTTAT&T joint venture acquires Creativebug from Demand Media for $10M
Otter Media, a joint venture between AT&T (T) and The Chernin Group, has acquired Creativebug from Demand Media (DMD), the companies announced earlier. Creativebug offers do-it-yourself video workshops featuring instruction from artists and designers. Demand Media confirmed in a regulatory filing earlier that it completed the sale of substantially all of the assets relating to its Creativebug business for $10.0M in cash. AT&T and The Chernin Group announced the formation of the joint venture to acquire, invest in and launch over-the-top video services previously on April 22.
09:31 EDTTAT&T, EPIX reach carriage agreement
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08:32 EDTTSynchronoss acquires Voxmobili for $26M in cash
Synchronoss (SNCR) announced its acquisition of Voxmobili, a wholly owned subsidiary of OnMobile Global. Voxmobiliís customers include AT&T (T), Airtel, Everything Everywhere, France Telecom, Orange (ORAN), T-Mobile (TMUS), and Vodafone (VOD). In consideration for the acquisition, Synchronoss paid approximately $26M in cash to OnMobile Global.
07:42 EDTCMCSAComcast reportedly acquires PowerCloud Systems, TechCrunch reports
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06:56 EDTCMCSADisney, CBS, Discovery questioned over Comcast merger, Bloomberg says
Disney (DIS), Discovery (DISCA) and CBS (CBS) are being questioned by U.S. antitrust officials who are investigating Comcast's (CMCSA) planned purchase of Time Warner Cable (TWC), according to Bloomberg, citing three people familiar with the matter. Reference Link
06:42 EDTFOX'Dawn of the Planet of the Apes' leads box office with $73M opening, WSJ says
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July 13, 2014
11:23 EDTCMCSAHulu and South Park announce exclusive multi-year content licensing deal
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