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Stock Market & Financial Investment News

News For DIS;CMCSA From The Last 14 Days
Check below for free stories on DIS;CMCSA the last two weeks.
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May 24, 2013
15:07 EDTDISYahoo submits bid for Hulu, AllThingsD reports
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13:19 EDTDIS, CMCSAKKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
07:11 EDTDISHulu attracts several bidders, Reuters reports
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06:10 EDTDISOn the Fly: Periodicals Wrap-Up
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May 22, 2013
07:29 EDTCMCSAXbox won't hurt pay TV companies in near-term, AllThingsD says
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07:24 EDTCMCSANetEvents International to host a summit
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May 21, 2013
12:58 EDTDISDisney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link
06:52 EDTCMCSAVideo on demand from cable companies becoming more popular, NY Times says
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May 20, 2013
13:45 EDTCMCSAComcast's NBC names new news president
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May 19, 2013
16:41 EDTDISViacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
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May 17, 2013
15:51 EDTDIS, CMCSADirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTDIS, CMCSADirecTV considering acquisition of Hulu, Dow Jones reports
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06:23 EDTDISDisney downgraded to Neutral from Overweight at Atlantic Equities
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May 16, 2013
13:46 EDTDISDisney's ESPN acquires rights to tennis' U.S. Open beginning 2015
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09:24 EDTCMCSAAmazon.com expands content licensing agreement with NBCUniversal
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05:51 EDTCMCSANBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link
May 15, 2013
19:59 EDTCMCSA, DISPay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link
11:48 EDTCMCSAAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:24 EDTCMCSADavid Tepper's Appaloosa reports new stake in Comcast
10:49 EDTDIS, CMCSASenator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link
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