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Stock Market & Financial Investment News

News Breaks
February 16, 2014
13:29 EDTDISH, FIG, HRGLightSquared files new reorganization plan, WSJ says
Wireless venture, LightSquared has filed a new $2.65B reorganization plan that doesn't include participation from Dish Network (DISH) or require regulatory approval for its network, says the Wall Street Journal. The new plan, which will be supported by Fortress (FIG), Harbinger (HRG) and Melody Capital Advisors, will pay Dish's Ergen, who owns $850M of the debt, in full if he votes for the plan, added the Wall Street Journal. Reference Link
News For DISH;FIG;HRG From The Last 14 Days
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September 24, 2014
09:17 EDTDISHComcast accuses TWC deal opponents of extortion, Re/code reports
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September 17, 2014
15:50 EDTDISHDISH, DirecTV support committee passage of STAVRA legislation
DIRECTV (DTV) and DISH (DISH) issued the following statement regarding the passage of the Satellite Television Access and Viewer Rights Act, or STAVRA, out of the Senate Committee on Commerce, Science, & Transportation: "We thank Chairman Rockefeller, Ranking Member Thune and the rest of the Senate Commerce Committee for passing bipartisan legislation that makes important reforms to the outdated laws governing today’s video market, while ensuring continuity of service to more than 1.5M distant signal subscribers who would, otherwise, lose service at the end of this year. We look forward to working with Congressional leadership to see this reauthorization swiftly passed into law, and also look forward to continuing the important discussion regarding retransmission consent reform, and in particular protecting consumers from local channel blackouts.”
09:04 EDTFIGFortress provides $50M in capital financing for Spirit Music Group
Fortress Credit has granted Spirit Music Group $50M in new capital commitments to pursue its expansion plans.
September 16, 2014
07:05 EDTDISHDISH, Scripps expand programming, digital rights in deal renewal
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