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Stock Market & Financial Investment News

News Breaks
October 12, 2012
06:29 EDTDIS, CBS, CMLSCumuls Media to drop ESPN radio for CBS Sports in 47 stations, NY Post reports
Cumulus Media (CMLS) will drop ESPN (DIS) programming from 47 stations to pick up rival CBS (CBS) Sports radio, reports the New York Post. Cumulus also plans to syndicate CBS to other independent stations. Reference Link
News For DIS;CBS;CMLS From The Last 14 Days
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August 12, 2014
08:01 EDTDISDisney price target raised to $101 from $96 at Argus
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05:58 EDTDISAmazon's Disney dispute about more than pricing, WSJ reports
Amazon's (AMZN) dispute with Disney (DIS) is about more than pricing, according to the Wall Street Journal, and concerns promotion and product placement on Amazon's website. Additionally, the dispute encompasses questions over "who makes up the difference when Amazon loses money to match the prices of competitors," a source says. Reference Link
05:53 EDTDISDisney cuts employees at DisneyToon Studios, Variety reports
Disney is cutting at least 16 employees at its DisneyToon Studios unit, which produced "Planes: Fire & Rescue," Variety reports, citing sources. Reference Link
05:24 EDTDISDisney, PANDORA Jewelry announce strategic alliance
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August 11, 2014
10:03 EDTCBSCBS, Tribune renew existing affiliation agreements
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August 10, 2014
17:04 EDTDISParamount's 'Teenage Mutant Ninja Turtles' tops weekend box office, WSJ says
Paramount Pictures' (VIA,VIAB) "Teenage Mutant Ninja Turtles" edged out Disney's (DIS) "Guardians of the Galaxy," opening to an estimated $65M in the U.S. and Canada, says the Wall Street Journal. Reference Link
15:21 EDTDISAmazon stops preorders of some Disney movie titles, WSJ says
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August 8, 2014
07:46 EDTCMLSCumulus Media price target lowered to $6 from $9 at RBC Capital
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06:04 EDTDISLisa and Ben Donovan leave Maker Studios, Re/code reports
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August 7, 2014
18:32 EDTCBSCBS sees national advertising trends accelerating in second half
18:27 EDTCBSCBS CEO Moonves says 'happy' with assets, not interested in buying CNN
18:24 EDTCBSCBS CEO Les Moonves says upfront sales volume down 'slightly'
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16:05 EDTCBSCBS reports Q2 Entertainment segment revenue $1.84B
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16:04 EDTCBSCBS boosts share buyback to $6B, increases dividend 25% to 15c
CBS announced an increase in the amount available under its share repurchase program from $3B to $6B. Since the share repurchase program was initiated in January 2011, through June 30, the company has repurchased 162M shares of its Class B Common Stock for $6.8B. CBS also announced an increase to its quarterly dividend from 12c per share to 15c per share. This dividend is payable on October 1 to shareholders of record on September 10.
16:03 EDTCBSCBS boosts share buyback to $6B, to increase dividend 25%
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16:02 EDTCBSCBS reports Q2 adjusted EPS 78c, consensus 72c
Reports Q2 revenue $3.19B, consensus $3.23B. Reports Q2 free cash flow
15:33 EDTCBS Notable companies reporting after market close
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15:31 EDTCBSNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CBS (CBS), consensus 72c; Consolidated Edison (ED), consensus 54c; Monster Beverage (MNST), consensus 75c; News Corporation (NWSA), consensus 3c; NVIDIA (NVDA), consensus 20c; Computer Sciences (CSC), consensus 94c; CareFusion (CFN), consensus 72c;DeVry Education (DV), consensus 67c; Salix Pharmaceuticals (SLXP), consensus $1.72; Federal Realty (FRT), consensus $1.21; SolarCity (SCTY), consensus (99c); Medivation (MDVN), consensus 24c; Sprouts Farmers Market (SFM), consensus 18c; Alnylam Pharmaceuticals (ALNY), consensus (56c); Lions Gate (LGF), consensus 17c; Mercadolibre (MELI), consensus 56c; Post Holdings (POST), consensus 27c; Assured Guaranty (AGO), consensus 35c; Great Plains Energy (GXP), consensus 41c; Air Lease (AL), consensus 52c; Ubiquiti Networks (UBNT), consensus 51c; SemGroup (SEMG), consensus 35c.
13:25 EDTDIS, CBSEarnings Preview: CBS shares little changed since Q1 report
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08:41 EDTCMLSCumulus Media weakness overdone, says CRT Capital
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