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Stock Market & Financial Investment News

News Breaks
February 6, 2013
07:19 EDTBT, DIS, NWSADisney exploring exit of ESPN from U.K., FT reports
Disney (DIS) is eyeing an exit of ESPN from the U.K., the Financial Times reports. The move comes after BT (BT) outbid ESPN for broadcasting rights to Premiere League football three years and after it lost mobile rights when it was outbid to to a rival offer from News Corp (NWSA). Reference Link
News For DIS;BT;NWSA From The Last 14 Days
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May 28, 2015
19:33 EDTDISDisney surveys annual pass holders on 'demand pricing,' LA Times says
Disney has sent an online survey to Walt Disney Parks and Resorts annual pass holders gauging their opinion on a tiered pricing system that would label theme park tickets gold, silver, or bronze, with varying levels of park access for each tier, the LA Times reports, citing a copy of the survey. According to the survey, the hypothetical $115 gold tickets could be redeemed any day of the year, $105 silver tickets would not be usable during peak days or popular holiday periods, and $99 bronze tickets would be limited to off-peak weakends. Reference Link
10:02 EDTBTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: BT Group (BT) downgraded to Underperform from Strong Buy at Raymond James... Banc of California (BANC) downgraded to Neutral from Buy at DA Davidson... Bon-Ton Stores (BONT) downgraded to Underperform from In-Line at Imperial Capital... Broadcom (BRCM) downgraded to Outperform, would not rule out another bid, says CLSA... DSW (DSW) downgraded to Neutral from Buy at Goldman... First Potomac (FPO) downgraded on DC office market fundamentals at BMO Capital... Ignite Restaurant (IRG) downgraded to Neutral from Buy at UBS... Magnum Hunter (MHR) downgraded to Hold from Buy at Canaccord... Michael Kors (KORS) downgraded to Equal Weight from Overweight at Stephens... Santander Brasil (BSBR) downgraded to Underweight from Equal Weight at Barclays... Semtech (SMTC) downgraded to Sell from Neutral at B. Riley... The Fresh Market (TFM) downgraded to Neutral from Overweight at JPMorgan... Vail Resorts (MTN) downgraded to Neutral ahead of Q3 earnings at MKM Partners.
10:02 EDTDISSandvine: Netflix accounts for 36.5% of peak Internet traffic, Variety reports
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08:12 EDTBTBT Group chosen by ABB for global communication services
BT announced it is supporting ABB in the transformation and management of its global communications infrastructure across Europe, the Americas, Africa, the Middle East and Asia-Pacific. The services are covered by a global contract designed to improve collaboration, innovation and business transformation for ABB in more than 100 countries.
07:23 EDTDISBig four networks aim to own more of their programs, WSJ reports
The percentage of shows that the big four television networks own or have a stake in has risen in recent years as owning shows has become a priority due to lucrative rerun and cross platform rights, said The Wall Street Journal. Walt Disney’s (DIS) ABC will own or have a stake in almost 70% of its coming schedule, compared with 48% in 2010, while Fox (FOXA), CBS (CBS) and Comcast’s (CMCSA) NBC will also own or have stakes in the majority of their lineups' shows, the report noted. Reference Link
06:07 EDTBTBT Group downgraded to Underperform from Strong Buy at Raymond James
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05:57 EDTDISGoPro CEO says media business 'a lot like Disney,' Re/code reports
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May 27, 2015
06:02 EDTDISCMGE enters into cooperation with Disney to publish Star Wars: Commander
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May 26, 2015
07:07 EDTDISDisney price target raised to $115-$129 from $113-$118 at Wells Fargo
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May 25, 2015
12:50 EDTDISDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 21, 2015
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
May 20, 2015
08:07 EDTBTBT selected by Methanex to supply unified communications
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May 19, 2015
08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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05:41 EDTBTBT seeks fast track for probe of EE deal
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May 17, 2015
15:37 EDTDISUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.

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