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Stock Market & Financial Investment News

News Breaks
December 17, 2012
12:28 EDTCMCSK, NWSA, DIS, CMCSAHulu says will close 2012 with approximately $695M in revenue
Hulu CEO Jason Kilar says on the company's blog that in 2012, it will close the year with approximately $695M in revenue. Huluís revenues will have grown over 65%, which is an acceleration over 2011 growth levels. Kilar says "We have more than 3 million paying Hulu Plus subscribers. The number of Hulu Plus subscribers has more than doubled over the past year. Hulu Plus can now be accessed from more than 320 million Internet connected devices in the U.S. Throughout 2012, we aggressively grew our Hulu and Hulu Plus title offerings by over 40%, making us an increasingly valuable partner for our three customers. In 2012, we served more than 1,000 advertisers, 28% more than last year. Our subscription service in Japan continues to ramp. Our content offering has quadrupled over the past 12 months." Reference Link
News For DIS;CMCSA;CMCSK;NWSA From The Last 14 Days
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September 12, 2014
14:50 EDTDISDisney confirms plans for 'Frozen' attraction at Disney World
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12:33 EDTCMCSABlackstone, Bain speak to banks on possible Weather Channel sale, Bloomberg says
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08:53 EDTCMCSACSG Systems deal increases chances of takeover, says Stifel
After meeting with CSG Systems' (CSGS) management, Stifel thinks the company's expanded deal with Comcast (CMCSA) makes it a more attractive acquisition target and provides the company with "a great opportunity" to upsell products into Comcast and Time Warner Cable (TWC). Stifel thinks CSG's stock can advance meaningfully from current levels and keeps a $40 price target and Buy rating on the shares.
September 11, 2014
13:06 EDTCMCSADeal probe expanded to AT&T, DirecTV agreement, Reuters says
The state attorneys general who are collaborating with the U.S. Justice Department to figure out if Comcast's (CMCSA) purchase of Time Warner Cable (TWC) is permissible have broadened their probe to also incorporate AT&T's (T) potential acquisition of DirecTV (DTV), according to Reuters, citing sources close to the merger investigation. Reference Link
10:02 EDTCMCSAcomcast and Liberty global announce agreement to connect WiFi networks
Comcast (CMCSA) and Liberty Global LBTYA) have announced an agreement to allow users to access each otherís Wi-Fi networks, creating an international Wi-Fi access agreement that will give many Xfinity Internet and Liberty Global internet customers access to millions of new Wi-Fi access points in various countries by 2015.
09:02 EDTCMCSK, CMCSACSG Systems selected by Comcast to power Xfinity On Campus
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September 10, 2014
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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11:50 EDTCMCSA, CMCSKComcast sees Time Warner Cable deal closing in early 2015
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11:04 EDTNWSANews Corp says can not predict future of advertising in U.S., UK
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10:26 EDTCMCSK, CMCSADiscovery CEO says likes doing deals with Netflix, Amazon
CEO David Zaslav says Comcast (CMCSA)/Time Warner Cable (TWC) deal "presents some serious issues," is talking to FCC about deal. Says will be opportunistic with international acquisitions, but "We don't feel like we need to acquire anything at this point." Says has more subscribers than ESPN with Europsport. Comments made at the Goldman Sachs Communacopia Conference.
10:00 EDTCMCSAOn The Fly: Analyst Initiation Summary
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08:43 EDTCMCSAComcast initiated with a Buy at Canaccord
Target $62.
07:31 EDTCMCSAGoldman to hold a conference
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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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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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September 8, 2014
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
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