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Stock Market & Financial Investment News

News Breaks
October 8, 2012
06:54 EDTTWC, CVC, DISH, DTV, CMCSAFCC says cable companies no longer have to share content, The Hill reports
The FCC on Friday scrapped rules requiring cable companies to share content they own with competitors, such as satellite TV providers, The Hill reported on Friday night. The agency will continue to decide on a case-by-case basis whether to uphold video distribution deals, the publication noted. Reference Link
News For CVC;CMCSA;DISH;TWC;DTV From The Last 14 Days
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May 17, 2013
15:51 EDTDTV, CMCSADirecTV 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 EDTDTV, CMCSADirecTV considering acquisition of Hulu, Dow Jones reports
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May 16, 2013
19:11 EDTDISHDish sends letter to FCC over SoftBank, Sprint deal, Reuters says
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16:08 EDTDTVUniTek Global provides update on master services agreement with DirecTV
UniTek Global (UNTK) announced that its subsidiary, DirectSat USA, has received a letter from DirecTV (DTV) providing 180-day notice of the termination of its master services agreement with DirectSat, effective November 8, 2013. Shortly following receipt of the notice, DirectSat entered into an agreement with DirecTV providing that the 180-day notice of termination will be automatically withdrawn upon the company's refinancing, by July 31, of its debt on terms that satisfy certain financial requirements, the continued work on completion of its financial statements and the satisfaction of other conditions. DirecTV has informed the company that it intends to continue working with the company as UniTek addresses the issues it currently faces related to the previously disclosed accounting matters.
09:24 EDTCMCSAAmazon.com expands content licensing agreement with NBCUniversal
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06:33 EDTTWCTime Warner Cable talking about joint bid for Hulu, NY Post reports
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06:01 EDTDTVDirecTV shares can rise above $90 in next two years, says Citigroup
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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 EDTCMCSA, TWCPay-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
16:55 EDTDTVBerkshire Hathaway gives quarterly update on stakes
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16:40 EDTDTVBerkshire Hathaway reports 5.8% passive stake in DirecTV
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
10:32 EDTDTVDirecTV management to meet with JPMorgan
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08:31 EDTDISHDISH announces $2.5B debt offering, to be used to partially fund Sprint bid
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08:06 EDTCMCSACinedigm enters multi-year agreement with Universal Studios Home Entertainment
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07:40 EDTDISHSenate Commerce Committee to hold a hearing
The Subcommittee on Communications, Technology and the Internet holds a hearing on the state of video with President & CEO Smith of the National Association of Broadcasters, President & CEO Powell of the National Cable and Telecom Association and Stanton Dodge, Executive Vice President for DISH Network (DISH) on May 14 at 10:30 am. Webcast Link
05:44 EDTDISHBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
10:31 EDTTWCTime Warner Cable management to meet with Needham
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