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Stock Market & Financial Investment News

News Breaks
December 28, 2012
18:11 EDTCMCSANBC News says President Obama to appear on 'Meet the Press' Sunday
According to the official Twitter account of NBC News, President Obama will appear as the exclusive guest on "Meet the Press" this Sunday. Reference Link
News For CMCSA From The Last 14 Days
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March 31, 2015
07:41 EDTCMCSACharter strikes deal to buy Bright House for $10B, Reuters reports
Charter Communications (CHTR) has agreed to buy Bright House Networks, which has about 2.5M cable subscribers, in a deal valued at close to $10B, according to Reuters, citing a source familiar with the matter. The deal is contingent on Comcast's (CMCSA) deal for Time Warner Cable (TWC) being approved by regulators, the report added. Charter shares are up 3.7% to $190.15 in pre-market trading following the report. Reference Link
07:37 EDTCMCSAComcast to invest $4B in new company formed with CFO Angelakis
At least $40M will be invested personally by Michael Angelakis.
07:35 EDTCMCSAComcast to immediately commence search for new CFO
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07:33 EDTCMCSAComcast enters agreement with CFO to establish new strategic company
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07:31 EDTCMCSAComcast enters agreement with CFO to establish new strategic company
March 30, 2015
08:48 EDTCMCSAMadison Square may sell regional sports networks to Comcast, Fox, NY Post says
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08:22 EDTCMCSAComcast presents new arguments in Time Warner Cable merger case, NY Post says
Comcast (CMCSA, CMCSK) told regulators this week that its potential merger with Time Warner Cable (TWC) will not substantially affect its national broadband marketshare under recently changed FCC rules, reports the New York Post, citing sources. The move follows a ruling that establishes a heightened minimum download speed to qualify a service as "broadband," which now means that Time Warner Cable does not technically offer broadband in many markets. An antitrust lawyer working against the merger said, "Thatís grasping at straws." Reference Link
07:36 EDTCMCSAConcerns over Comcast deal overdone, says Wells Fargo
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March 26, 2015
08:08 EDTCMCSATime Warner Cable standalone value $172 per share, says Wunderlich
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March 25, 2015
15:33 EDTCMCSACPUC vote on Comcast deal pushed out to May 7, LA Times reports
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11:44 EDTCMCSAComcast says review of Time Warner Cable merger to conclude by midyear
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10:29 EDTCMCSADISH Chairman Ergen says Comcast, TWC merger should be blocked
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06:54 EDTCMCSAPotential YouTube competitor launches, Variety says
Digital subscription video start-up Vessel, which is looking to compete with Google's (GOOG) YouTube, launched yesterday, according to Variety. Vessel was founded by Jason Kilar, the founding CEO of Hulu, the magazine stated. Disney (DIS), 20th Century Fox (FOX, FOXA), and Comcast (CMCSA) own stakes in Hulu. Reference Link
March 24, 2015
08:19 EDTCMCSATime Warner Cable expected to write down Dodgers deal by up to $1B, NY Post says
Time Warner Cable (TWC) is expected to write down the value of its LA Dodgers distribution rights by up to $1B, reports the New York Post, citing sources. The writedown may be a requirement before any deal with Comcast (CMCSA, CMCSK) can be made, suggested one of the sources. Reference Link
07:52 EDTCMCSAComcast management to meet with Deutsche Bank
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March 20, 2015
12:32 EDTCMCSAMadison Square Garden names Sharon Otterman as Chief Marketing Officer
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09:59 EDTCMCSACharter may have interest in Cablevision 'at some point,' says Detwiler
Detwiler Fenton believes there is truth to last week's reports of Charter (CHTR) being in talks to acquire Bright House Networks. In addition, the firm says its checks indicate Charter may have interest in buying Suddenlink Communications and Cablevision (CVC) "at some point" as a part of a lager acquisition strategy. Detwiler adds Charter's potential deal strategy assumes Comcast's (CMCSA) bid for Time Warner (TWC) wins regulatory approval. Should the deal not get approved, Detwiler believes Charter will turn its attention back to Time Warner.
08:13 EDTCMCSACanada to 'unbundle' cable TV offerings by December 2016
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06:36 EDTCMCSAWeb TV companies ask internet providers for special treatment, WSJ says
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March 19, 2015
07:04 EDTCMCSAAmerican Express confirms plans to launch Plenti loyalty program
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