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Stock Market & Financial Investment News

News Breaks
September 7, 2012
07:57 EDTCMCSANBC awaits outcome of NHL labor agreement, Reuters reports
NBC (CMCSA) executives hope that the National Hockey League and its players union reach a new labor agreement and avoid a lockout that could leave the network quickly looking for a replacement for a key source of sports programming, reports Reuters. The network signed a new $2B, 10-year contract with the league last year. Labor talks between the NHL and the union representing its players broke down last week over economic issues such as revenue sharing. The league's owners have said they would lock out players if a deal is not reached by a September 15 deadline. Reference Link
News For CMCSA From The Last 14 Days
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May 24, 2013
13:19 EDTCMCSAKKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
May 22, 2013
07:29 EDTCMCSAXbox won't hurt pay TV companies in near-term, AllThingsD says
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07:24 EDTCMCSANetEvents International to host a summit
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May 21, 2013
06:52 EDTCMCSAVideo on demand from cable companies becoming more popular, NY Times says
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May 20, 2013
13:45 EDTCMCSAComcast's NBC names new news president
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May 17, 2013
15:51 EDTCMCSADirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTCMCSADirecTV considering acquisition of Hulu, Dow Jones reports
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May 16, 2013
09:24 EDTCMCSAAmazon.com expands content licensing agreement with NBCUniversal
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05:51 EDTCMCSANBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link
May 15, 2013
19:59 EDTCMCSAPay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link
11:48 EDTCMCSAAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:24 EDTCMCSADavid Tepper's Appaloosa reports new stake in Comcast
10:49 EDTCMCSASenator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link
May 14, 2013
08:06 EDTCMCSACinedigm enters multi-year agreement with Universal Studios Home Entertainment
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