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Stock Market & Financial Investment News

News Breaks
July 28, 2014
07:28 EDTCMCSA, VIAB, VIAJohansson led 'Lucy' tops 'Hercules' at weekend box office, WSJ reports
Universal's (CMCSA) "Lucy," starring Scarlett Johansson, took in an estimated $44M in the U.S. and Canada in its debut weekend, topping Paramount's (VIA, VIAB) "Hercules," starring Dwayne "The Rock" Johnson, which grossed a disappointing $29M domestically in its debut but has taken in about as much internationally already, reported The Wall Street Journal. Reference Link
News For CMCSA;VIA;VIAB From The Last 14 Days
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September 2, 2015
12:54 EDTCMCSAComcast received 11,887 criminal requests from Jan. 1-June 30
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11:22 EDTCMCSAHulu announces commercial-free option to subscribers
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06:51 EDTVIA, VIABViacom investors concerned about DISH talks, falling ratings, NY Post reports
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September 1, 2015
07:00 EDTVIAB, VIAMTV VMA viewership down despite airing on more networks, LA Times says
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August 31, 2015
13:01 EDTCMCSAComcast promotes Myrna Soto to SVP and Global Chief Information Security Officer
Comcast announced that Myrna Soto has been promoted to Senior Vice President, Global Chief Information Security Officer. Prior to this appointment, Ms. Soto served as Senior Vice President, Chief Infrastructure and Information Security Officer within Engineering & Platform Services for Comcast Cable.
08:44 EDTVIA, CMCSANetflix confirms that it will not renew agreement with Epix
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05:37 EDTCMCSA, VIAHulu, Epix announce extensive multi-year agreement
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August 30, 2015
18:51 EDTVIA, VIAB, CMCSANetflix to lose access to certain high profile movies, Re/code says
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17:13 EDTVIA, VIAB, CMCSA'Compton' leads again as 'We Are Your Friends' stumbles at box office
Hip hop biopic "Straight Outta Compton" continued its domestic box office dominance while Christian drama "War Room" outpaced analyst estimates and electronic dance flick "We Are Your Friends" fizzled. U.S. WEEKEND LEADER: Comcast (CMCSA, CMCSK) subsidiary Universal's "Straight Outta Compton" grossed $13.2M domestically for the weekend of August 30, securing the top box office spot for a third consecutive week. In a record-breaking performance for musical biopics, the gangster rap film has earned $134.1M in the U.S. since opening earlier this month. Though Warner Bros.' (TWX) "We Are Your Friends" was predicted to challenge "Compton" with sales ranging $8M-$10M, the Zac Efron-led electronic music film flopped at just $1.8M. BOX OFFICE RUNNERS-UP: Produced with an estimated budget of $3M, Sony's (SNE) faith-based drama "War Room" debuted at $11M against expectations for $5M-$8.5M after leading in advance ticket sales. Viacom (VIA, VIAB) subsidiary Paramount's "Mission: Impossible Rogue Nation" relinquished its grip on second place with an $8.3M gross for the weekend, while Weinstein Company's action thriller "No Escape" opened in fourth place at $8.29M. "Sinister 2" from Comcast subsidiary Focus Features rounded out this weekend's Top 5 at $4.7M.
August 28, 2015
10:43 EDTVIAB, CMCSA, VIAFly Watch: 'Straight Outta Compton' expected to lead box office for third week
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August 27, 2015
06:40 EDTCMCSANielsen to start tracking for online streaming shows, WSJ reports
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August 26, 2015
10:01 EDTCMCSAComcast Cable accepting proposals for two Hispanic-American owned networks
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August 25, 2015
19:16 EDTCMCSATV service Hulu to feature programmatic ads powered by Facebook, Oracle
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13:59 EDTCMCSAHouzz acquires GardenWeb from NBCUniversal
Houzz, a start-up that operates a platform for home remodeling and design, announced on its corporate blog that it has completed the acquisition of the GardenWeb home and gardening community from Comcast's NBCUniversal. Reference Link
08:33 EDTCMCSAComcast expands advanced fiber network to Meyers Business Park
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07:07 EDTCMCSAComcast to increase speeds for Xfinity Twin Cities area customers
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August 23, 2015
16:22 EDTVIA, CMCSA, VIAB'Straight Outta Compton' finds little contention for No. 1 box office spot
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August 21, 2015
13:11 EDTCMCSA, VIAB, VIAFly Watch: 'Straight Outta Compton' eyes second weekend at top spot
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August 20, 2015
06:36 EDTVIAB, VIABernstein cuts Disney, Time Warner with TV entering 'structural decline'
Bernstein analyst Todd Juenger downgraded his rating on both Disney (DIS) and Time Warner (TWX) saying the U.S. television industry is entering a period of "prolonged structural decline." With viewers moving away from ad-supported platforms to non-ad-supported, media companies with the least exposure to U.S. advertising represent the most favorable investments, Juenger tells investors in a 48-page research note on the Media sector. The analyst moved both companies to a Market Perform rating from Outperform, and lowered his price target for Disney to $114 from $125 and for Time Warner to $90 from $101. He called the downgrade of Time Warner a "very close call" as his new price target still represents 15% upside from current levels. Share performance in the entire Media sector will be challenged until the content owners take steps to "reclaim on-demand viewing" from streaming services like Netflix (NFLX) and use it to protect affiliate fees, Juenger argues. His Outperform-rated names are Nielsen (NLSN) and 21st Century Fox (FOXA). Along with Time Warner and Disney, the analyst has Market Perform ratings on AMC Networks (AMCX), CBS (CBS), Scripps Networks (SNI) and Discovery (DISCA). Juenger has an Underperform rating on Viacom (VIAB). Wells Fargo on Tuesday also downgraded Disney to Market Perform. Piper Jaffray this morning told investors that the recent pullback in shares of AMC Networks brings a "great" entry point into the name.
06:10 EDTCMCSAWeather Channel said to hire banks to explore sale, Bloomberg reports
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