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Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:46 EDTDIS, CBS, FOX, FOXA, CMCSA, CMCSKSupreme Court might review broadcasters' case against Aereo, Adweek says
Broadcasters such as Disney (DIS), CBS (CBS), Comcast's (CMCSA, CMCSK) NBCUniversal, 21st Century Fox's unit Fox (FOX, FOXA), Univision, Public Broadcasting Service and Tribune petitioned the Supreme Court to review their copyright infringement suit against Aereo in October and the Supreme Court might decide on January 10 whether to review the case, reported Adweek. Reference Link
News For DIS;CBS;FOX;FOXA;CMCSA;CMCSK From The Last 14 Days
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September 9, 2014
13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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11:01 EDTCMCSK, CMCSAComcast, Univision reach long-term agreement for distribution of UDN
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07:44 EDTCMCSAComcast price target raised to $72 from $60 at UBS
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07:28 EDTFOXA, FOXFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
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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06:59 EDTCMCSATWC workers to split $416M if Comcast deal falls through, Reuters says
In order to keep employees from leaving while federal regulators mull the final agreement, Time Warner Cable (TWC) workers will split $416M if the company's merger deal with Comcast (CMCSA) does not transpire, according to Reuters, citing a proxy statement. Reference Link
06:20 EDTCMCSADiscovery: Comcast-TWC merger gives unfair advantage, NY Post reports
Discovery (DISCA) said Comcast's (CMCSA) takeover of Time Warner Cable (TWC) could give the combined company an unfair advantage over programmers, reports the New York Post. Discovery said the the company would have an advantage in carriage negotiations and in the advertising realms by refusing to share set-top-box data with programmers. Reference Link
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).
06:41 EDTCMCSAFCC head says agency to promote high speed Internet choices, NY Times reports
Stating that fewer than 25% of American homes have access to more than one high speed Internet provider, FCC Chairman Tom Wheeler said the agency would look to promote additional choices in the sector, according to The New York Times. High speed Internet providers include Comcast (CMCSA), Cablevision (CVC), Verizon (VZ), AT&T (T), and Google (GOOG). Reference Link
06:05 EDTFOXAWarner Bros. to eliminate jobs 'at every level' acros studio, Deadline reports
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06:01 EDTDISESPN head doesn't see people using Google for big sports events, Re/code reports
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September 3, 2014
16:20 EDTDISChesapeake Lodging to acquire JW Marriott property and sell Courtyard Anaheim
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13:35 EDTCMCSAComcast and Nascar reach 10-year series entitlement agreement
NASCAR and Comcast announced an agreement that will make Comcast’s XFINITY brand the title sponsor of what is now known as the NASCAR Nationwide Series through 2024. Beginning January 1, 2015, the property will be known as the NASCAR XFINITY Series.
11:18 EDTCMCSA, CMCSKCharter, Comcast say SpinCo to be called GreatLand Connections
Charter Communications (CHTR) and Comcast Corporation (CMCSA, CMCSK) announced the name of the new cable company that will be spun off from Comcast upon completion of the Comcast – Time Warner Cable (TWC) merger and the Comcast – Charter transactions. The company referred to as "SpinCo" or "Midwest Cable LLC" will be known as GreatLand Connections Inc.
10:47 EDTCMCSAOpco sees DISH trying to buy T-Mobile for $40/share
Oppenheimer earlier today said it sees DISH (DISH) trying to acquire T-Mobile (TMUS) for $40 per share, and that there is a 20% chance a deal could be announced ahead of the September 10 FCC-mandated quiet period. Opco does not believe DISH can successfully partner with Sprint (S) or T-Moblile (TMUS), leaving buying T-Mobile or selling spectrum as its primary options. The firm expects additional wireless consolidation within the next year, and lists the most likely outcomes as a T-Mobile/DISH merger or T-Mobile/Comcast (CMCSA) merger.
06:03 EDTDISDISH plans to call upcoming internet TV service Nutv, GigaOM reports
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September 2, 2014
07:47 EDTFOXA21st Century Fox risk/reward positive, says Bernstein
Bernstein believes that 21st Century Fox's stock can climb 30% if the company meets its EBITDA target of $8.1B. If the company misses the target by $300M, the stock may only drop 3%, estimated the firm, which keeps a $46 price target and Outperform rating on the shares.
07:36 EDTDISDisney wins another weekend with 'Guardians,' LA Times reports
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06:34 EDTDISA+E Networks could buy 10% of Vice Media for $250M, WSJ reports
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