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Stock Market & Financial Investment News

News Breaks
May 16, 2013
19:11 EDTS, SFTBF, DISHDish sends letter to FCC over SoftBank, Sprint deal, Reuters says
Dish (DISH) has sent a letter to the FCC asking the Commission to stop its review of Softbank's (SFTBF) proposed acquisition of Sprint (S), reports Reuters. Reference Link
News For DISH;SFTBF;S From The Last 14 Days
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September 2, 2015
06:51 EDTDISHViacom investors concerned about DISH talks, falling ratings, NY Post reports
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September 1, 2015
13:34 EDTSSprint to invest nearly $150M in Chicago by end of 2016
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13:06 EDTSFTBFNetflix dives as Apple reportedly explores original programming
Shares of streaming video giant Netflix (NFLX) are underperforming a down market today after a Variety report that said Apple (AAPL) is exploring an entry into the original programming business. Amazon (AMZN) also said it expanded Prime Video downloads to the iOS and Android platforms. WHAT'S NEW: According to the Variety report, Apple recently held preliminary discussions with Hollywood executives to measure their interest in "spearheading" a move into entertainment content. Exclusive content has been an integral part of Netflix's success with programming such as House of Cards and Orange Is the New Black. Amazon and Time Warner's (TWX) HBO, which recently launched a streaming-only version of its service, are also counting on exclusive content. According to Variety, the extent of Apple's ambitions vary, according to sources, with some saying the plan is to create long-form content and compete directly with Netflix while other sources say that Apple's efforts are more of a "flirtation." WHAT'S NOTABLE: Netflix announced this week that it will not renew its agreement with Epix, which allowed Netflix to stream movies released on the cable movie channel. Netflix noted that the Epix movies are widely available on cable and other subscription platforms at the same time as they are on Netflix. The streaming video giant said in a blog post that it knows some subscribers will be disappointed by the end of Epix movies but added that its goal "is to provide great movies and TV series for all tastes, that are only available on Netflix." Also noteworthy was the announcement by Amazon today that it will now allow Prime members to download movies and TV episodes, including Amazon Original Series, to iPhones, iPads and Android phones and tablets for offline viewing, at no additional charge. The company noted that Amazon Video is the only online subscription streaming video service that enables downloads of titles, meaning unlike other subscription streaming services such as Netflix, Prime members can enjoy movies and TV shows as part of their membership even when they don't have an internet connection. ANALYST TAKE: In a note to investors this morning, BofA/Merrill analyst Nat Schindler raised his price target on Netflix shares to $133 from $121 following reports the company will officially launch in Japan on September 2 and recently raised prices in Europe. The analyst, which maintains his Buy rating on shares, also pointed out that Netflix is in an agreement with Softbank (SFTBF), a leader in Japan's telecom and internet space. The Softbank partnership will bolster subscriber growth through pre-installed Netflix apps on Softbank phones, automatic subscription payments through Softbank's payment system, and in-store signups and marketing. PRICE ACTION: Shares of Netflix are underperforming a weak market and are down 8.15% to $105.65, while Apple and Amazon are both down over 2%.
August 28, 2015
05:59 EDTSSprint offers DirecTV customers free year of cell service
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August 27, 2015
20:05 EDTSSprint offers DirecTV customers free year of cell service, WSJ says
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11:25 EDTSSamsung Pay beta available on all U.S. carriers except Verizon, Verge reports
Samsung (SSNLF) Pay's beta is available on all major U.S. carriers, including AT&T (T), Sprint (S), T-Mobile (TMUS), and U.S. Cellular (USM), except for Verizon (VZ), the Verge reports. Verizon is "evaluating" Samsung Pay currently, and may very well miss the September 28th launch of the product, the report says. Reference Link
August 26, 2015
18:47 EDTDISHDISH, Sinclair Broadcast reach agreement, form basis for long-term deal
DISH Network (DISH) announced that it and Sinclair Broadcast Group (SBGI) have reached an agreement in principle "that will form the basis of a long-term retransmission consent agreement" for carriage of Sinclair's local channels in 79 markets nationwide. Restoration of Sinclair signals to DISH's system is underway. "We are grateful for the FCC's work on behalf of consumers to actively broker a productive path forward," said DISH, adding that it is asking the Federal Communications Commission to stay action on DISH's verified amended and restated retransmission complaint and request for preliminary injunctive relief as the long-term agreement is being finalized. Terms of the agreement were not disclosed.
18:24 EDTDISHSinclair Broadcast, DISH reach retransmission consent pact in principal
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12:44 EDTDISHFCC Chairman Wheeler says to convene emergency meeting with DISH, Sinclair
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09:33 EDTSActive equity options trading on open
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05:30 EDTDISHDISH renews formal complaint with FCC against Sinclair Broadcast
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05:17 EDTDISHDISH says Sinclair Broadcast chooses to initiate channel blackout
Despite reaching an agreement on rates and all other terms for the carriage of the Sinclair local stations, DISH (DISH) said that this afternoon Sinclair Broadcast Group (SBGI) chose to begin the largest local channel blackout in the history of television, blocking DISH customers' access to 129 local channels in 79 markets across 36 states and the District of Columbia, and intentionally harming and exploiting millions of innocent consumers to gain negotiating leverage for carriage of an unrelated cable channel that it hopes to acquire but does not own today. Warren Schlichting, DISH senior vice president of programming, said, "Sinclair rejected our extension offer and has chosen to use innocent consumers as pawns to gain leverage for the economic benefit of Sinclair, while causing substantial harm and disruption to the lives of consumers." DISH and Sinclair had been making steady progress in their recent negotiations, and DISH was hopeful that they would come to a mutual agreement to renew carriage of the Sinclair local stations. In that spirit, DISH offered another short-term contract extension to Sinclair that would include a retroactive "true-up" when new rates were agreed upon, and would preserve the ability of DISH customers to access the Sinclair local stations while our negotiations continued. The "true-up" would ensure that Sinclair was made whole at the new rates for the period of any contract extension. Rather than accept DISH's good faith offer, Sinclair Broadcast Group chose to begin the largest local channel blackout in the history of television, blocking DISH customers' access to 129 local channels in 79 markets, and intentionally harming and exploiting millions of innocent consumers to gain negotiating leverage for carriage of an unrelated cable channel that it hopes to acquire but does not own today.
August 25, 2015
06:06 EDTSStocks with implied volatility below IV index mean; S GOOG
Stocks with implied volatility below IV index mean; Sprint (S) 77, Google (GOOG) 41 according to iVolatility.
August 24, 2015
08:51 EDTSFTBFNetflix confirms partnership with SoftBank ahead of Japan launch
SoftBank Corp (SFTBF) and Netflix (NFLX) confirmed that SoftBank, among Japanese telecommunications companies, will exclusively offer a fully integrated Netflix experience, including billing, when Netflix Japan launches on September 2. Under the agreement, SoftBank customers will be able to sign up for Netflix at SoftBank Shops, major electronics retailers, via the SoftBank website and via SoftBank call centers without filling out payment information, with Netflix's monthly fee added to their bill. In addition, SoftBank will begin pre-installing the Netflix app on its smartphones for sale after October 2015.
06:07 EDTSFTBFNetflix partners with SoftBank ahead of Japan launch, Japan Times reports
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