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News Breaks | | | | March 1, 2013 | | 06:05 EDT |  | DIS, CVC, CVS, GRPN, CMCSA, NWSA, RAD, GLNCY, VZ, TWX, WAG, DTV | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Drugstore chains (CVS, WAG, RAD) are branching out into health-care services, as a way to counter a slowdown in prescription drug sales and evolve beyond just dispensing pills. They see big opportunities as millions of uninsured Americans pick up health coverage next year. The upside is in making sure current patients stay on their medications or providing alternative venues for medical treatment, even if it is done virtually, the Wall Street Journal reports...What happens when the "bundle" begins to unravel? The question is taking on intense importance for the cable-TV business (CVC, TWX, NWSA, DIS, VZ, CMCSA, DTV). Attacks on the bundle approach have escalated. Now pay-TV executives, as well as its customers, are openly pondering a world where the bundle no longer reigns, even though such a scenario could be years away, the Wall Street Journal reports...REUTERS: Glencore (GLNCY) supplied thousands of tons of alumina to the Iranian Aluminum Co. (Iralco) that has provided aluminum to Iran's nuclear program, intelligence and diplomatic sources say, Reuters reports...The $85B in across-the-board "sequestration" cuts designed to hit most U.S. government programs were set to begin today. What they were not likely to do, at least as far as financial markets were concerned, was cause enough damage to derail a U.S. economy that has been gaining momentum, Reuters reports...BLOOMBERG: The firing of Groupon (GRPN) CEO Andrew Mason puts pressure on Chairman Eric Lefkofsky to find a replacement who can create a money-making business after the daily-deal provider lost $723.8M in the past three years, Bloomberg reports...Two Chinese Manufacturing indexes revealed a slower-than-estimated pace of expansion, a signal that the nation’s economic recovery may be losing steam, Bloomberg reports. | |
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News For CVS;WAG;RAD;CVC;TWX;NWSA;DIS;VZ;CMCSA;DTV;GLNCY;GRPN From The Last 14 Days Check below for free stories on CVS;WAG;RAD;CVC;TWX;NWSA;DIS;VZ;CMCSA;DTV;GLNCY;GRPN the last two weeks. |
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| May 20, 2013 | | 16:02 EDT |  | RAD | Options Update; May 20, 2013
 Subscribe for More Information | | | 15:52 EDT |  | WAG | Walgreen downgraded to Market Perform from Outperform at Barrington
Subscribe for More Information | | | 15:23 EDT | | RAD | Rite Aid July and October volatility low as shares at 62-month high
Subscribe for More Information | | | 13:45 EDT |  | CMCSA | Comcast's NBC names new news president
Subscribe for More Information | | | May 19, 2013 | | 16:41 EDT | | DIS | Viacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
Subscribe for More Information | | | May 17, 2013 | | 16:47 EDT | | VZ | Fitch affirms Verizon's IDR at 'A', outlook stable
Subscribe for More Information | | | 15:51 EDT | | DIS, CMCSA, DTV, NWSA | DirecTV 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 EDT | | DTV, CMCSA, DIS, NWSA | DirecTV considering acquisition of Hulu, Dow Jones reports
Subscribe for More Information | | | 15:12 EDT | | VZ | Focus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
Subscribe for More Information | | | 12:33 EDT | | WAG | AmerisourceBergen receives approval of Walgreens, Alliance Boots investment
AmerisourceBergen (ABC) announced that the parties have received regulatory approval of the previously disclosed agreement for Walgreen (WAG) and Alliance Boots GmbH to purchase an equity stake in the company. AmerisourceBergen continues to expect the new agreements to contribute an incremental $25B in revenues and approximately 20c in earnings per share in FY14, excluding the amortization of certain expenses related to the transaction and the warrants issued, certain non-recurring costs and a potential LIFO charge, and net of certain start up expenses. In addition, the company reiterated its expectations for financial performance for fiscal year 2013, which includes expected revenue growth in the 11%-13% range, and diluted earnings per share from continuing operations in the lower half of the range of $3.04 to $3.14, excluding certain expenses related to the relationship with Walgreens and Alliance Boots and the warrants issued, and the expected LIFO charge from onboarding of additional branded inventory. | | | | 06:50 EDT |  | VZ | Verizon initiated with an Overweight at Barclays
Target $59. | | | 06:23 EDT | | DIS | Disney downgraded to Neutral from Overweight at Atlantic Equities
Subscribe for More Information | | | May 16, 2013 | | 16:08 EDT | | DTV | UniTek 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. | | | 13:46 EDT | | DIS | Disney's ESPN acquires rights to tennis' U.S. Open beginning 2015
Subscribe for More Information | | | 10:09 EDT | | GRPN | Groupon co-CEO thinks revenue can grow to $100B annually, BI reports
Groupon co-CEO Ted Leonsis told Business Insider he believes the company can eventually generate $100B of revenue per year, according to an interview published last night. Reference Link | | | 09:24 EDT | | CMCSA | Amazon.com expands content licensing agreement with NBCUniversal
Subscribe for More Information | | | 09:09 EDT | | TWX | CC Media, CW announce broadcast agreement for iHeartRadio events
Subscribe for More Information | | | 07:29 EDT | | GLNCY | Glencore Xstrata Chairman Bond ousted, Reuters reports
Subscribe for More Information | | | 06:01 EDT |  | DTV | DirecTV shares can rise above $90 in next two years, says Citigroup
Subscribe for More Information | | | 05:51 EDT | | CMCSA | NBCUniversal 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 | | |
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