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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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September 16, 2014
07:30 EDTCMLSCRT Capital to hold a conference
2nd Annual Investor Conference to be held in Greenwich, CT on September 16.
07:27 EDTDIS, CBSBofA/Merrill to hold a conference
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07:19 EDTDISCompanies' share buybacks at fasttest clip since 2007, WSJ reports
Companies are buying back their own shares at its fastest pace since the financial crisis to fuel a stock rally, reports the Wall Street Journal. According to Birinyi Associates, companies have bought back $338.3B of stock in 1H14, the most since 2007. Citing an analysis by Barclays, companies with the largest buyback programs by dollar value have outperformed the broader market by 20% since 2008. Reference Link
September 15, 2014
10:39 EDTCBSMedia General renewal with CBS a positive, says Wells Fargo
Wells Fargo views Media General's (MEG) announcement that it has renewed its affiliation agreements with all 12 of its CBS (CBS) stations as a positive that, along with LIN Media's (LIN) prior renewal with CBS, should end investor concerns about additional ''lost affiliations'' for the two. The firm maintains its Outperform rating on Media General.
09:03 EDTCBSCBS and Media General sign deal to renew all affiliation agreements
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07:29 EDTDISSony's 'No Good Deed' tops weekend box office, WSJ reports
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September 12, 2014
14:50 EDTDISDisney confirms plans for 'Frozen' attraction at Disney World
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September 10, 2014
15:24 EDTCBSCBS CEO Moonves says Nielsen has improved
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13:48 EDTDISDisney CFO says digital ads growing 'much faster' than tv advertising
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13:11 EDTDISDisney CFO says Maker integration going well
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05:56 EDTCBSStocks with implied volatility movement; UNG CBS
Stocks with implied volatility movement; United States Natural Gas Fund (UNG) 31, CBS (CBS) 25 according to iVolatility.
September 9, 2014
14:54 EDTDISApple announces Apple Pay
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13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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September 8, 2014
11:57 EDTCBSCBS confirms James Corden as host of "The Late Late Show"
The CBS Television Network announced that James Corden will be the new host of THE LATE LATE SHOW. Corden – a multi-faceted performer, host, writer and producer with accomplishments that span television, theater, film and comedy – will take the reins of the daily late night show in 2015. He is a Tony Award-winning performer on Broadway, a BAFTA-winning star of a UK television series, a feature film actor with two releases this year, and an acclaimed host, writer and producer in several genres of television.
11:07 EDTCBSCBS picks James Corden for "Late Late Show," Variety reports
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September 5, 2014
09:18 EDTDISDISH debuts ESPN Fantasy Football app
As the NFL kicks off its 2014 season, DISH (DISH) is adding an ESPN Fantasy Football app that delivers fantasy stats directly to customers’ TV screens. ESPN is owned by Disney (DIS).
06:01 EDTDISESPN head doesn't see people using Google for big sports events, Re/code reports
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September 4, 2014
16:13 EDTCMLSCumulus Media to eliminate Co-COO roles
Cumulus Media announced that it is putting in place a new organizational leadership structure, the goal of which is to enhance the company's strategic and operational focus and leverage its business platform. The announcement follows the completion of the integration of Citadel and Westwood One. As part of the executive organizational changes, Cumulus will be eliminating its Co-COO positions, previously held by Jon Pinch and John Dickey. Pinch will be retiring at the end of November, after more than 45 years in the broadcasting industry and 14 years with Cumulus. The following newly-created leadership positions will report directly to Lew Dickey. John Dickey, who served as Co-COO since 2006, was named to the newly-created position of EVP of Content and Programming.
September 3, 2014
16:20 EDTDISChesapeake Lodging to acquire JW Marriott property and sell Courtyard Anaheim
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06:03 EDTDISDISH plans to call upcoming internet TV service Nutv, GigaOM reports
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