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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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July 29, 2014
12:47 EDTCMCSACable REIT conversions possible but unlikely, says Wells Fargo
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July 28, 2014
08:24 EDTCMCSATime Warner Cable upgraded to Buy from Hold at Wunderlich
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07:28 EDTCMCSAJohansson led 'Lucy' tops 'Hercules' at weekend box office, WSJ reports
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July 24, 2014
11:01 EDTDISCare.com names Caroline Sheu as Chief Marketing Officer
Care.com (CRCM) announced that it has named Caroline Sheu Chief Marketing Officer for the Company. Sheu joins Care.com from Disney Interactive (DIS) where she had served as Head of Global Marketing since July 2012.
July 22, 2014
14:06 EDTCMCSAComcast poised for further gains, Barron's reports
Comcast should continue to post gains as it currently trades for just 16.7 times forward earnings while its earnings per share are forecast to grow 18.2% this year and 12% in 2015, Barron's reports. Reference Link
09:09 EDTCMCSAComcast says does not need to 'bulk up' in content
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09:01 EDTCMCSAComcast says FCC started 180 day review clock for merger as of July 10
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08:56 EDTCMCSAComcast results reinforce positive view, says Brean Capital
Brean Capital said the Q2 operating results from Comcast (CMCSA) reinforced their positive view of the shares. Brean also believe the acquisition of Time Warner Cable (TWC) will create far greater synergies than what has been discussed publicly and keeps a Buy rating with a $65 price target on Comcast.
08:26 EDTCMCSAComcast still sees FY14 Cable CapEx rising to about 14% of Cable revenue
Comcast continues to expect 2014 Cable capital expenditures to increase to about 14% of Cable revenue and for 2014 NBCUniversal capital expenditures to be relatively stable.
08:25 EDTCMCSAComcast reports Q2 cable programming expense up 6.7%
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08:25 EDTCMCSAComcast reports Q2 operating cash flow up 7% to $5.8B
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07:06 EDTCMCSAComcast reports Q2 voice customer net adds 137K
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07:04 EDTCMCSAComcast Q2 high-speed internet customers increased 203K
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07:01 EDTCMCSAComcast reports Q1 EPS 75c, consensus 72c
Reports Q2 revenue $16.84B, consensus $16.95B.
July 21, 2014
16:18 EDTCMCSANetflix says policy goal is for DOJ/FCC to block Comcast, TWC deal
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15:30 EDTCMCSANotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
July 18, 2014
13:39 EDTDISYahoo News hires Golodryga to head up news and finance properties, Variety says
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12:21 EDTCMCSA, DISCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
11:04 EDTCMCSA, DIS, CMCSKComcast, ESPN reach agreement on carriage of SEC Network, Reuters says
08:21 EDTDIS, CMCSATime Warner merger could change Warner Bros. spot in tv landscape, WSJ says
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