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Stock Market & Financial Investment News

News Breaks
May 13, 2012
17:42 EDTDISDisney: “Marvel’s The Avengers” to cross $1B globally in 19 days
Marvel’s The Avengers is expected to cross the $1B threshold at the global box office on May 13, its 19th day in release, The Walt Disney Studios has announced. This is the first Marvel Studios film and the fifth Walt Disney Studios release to reach this important milestone. The news comes just a week after Marvel’s The Avengers shattered records with a $207.4M opening weekend, the biggest domestic debut of all time. The film has now earned an estimated $373.2M at the domestic box office and $628.9M internationally. As one of only 12 films in history to gross $1B, it joins Pirates of the Caribbean: Dead Man’s Chest, Alice in Wonderland, Disney•Pixar’s Toy Story 3, and Pirates of the Caribbean: On Stranger Tides on Disney’s list of billion-dollar films.
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August 28, 2014
07:26 EDTDISDisney submits patents for drones for entertainment uses, NY Post says
Disney has filed three patents for entertainment strategies that employ drones, such as the use of unmanned flying vehicles to move giant puppets, according to The New York Post. Reference Link
August 26, 2014
14:45 EDTDISESPN says Verizon signs deal to carry SEC Network
Verizon (VZ) FiOS has signed an agreement to carry the SEC Network and expects to begin airing it prior to Aug. 28, Disney's (DIS) ESPN announced. The deal also includes live viewing rights and additional live and on-demand content scheduled for SEC Network + across other platforms like smartphones, tablets and laptops. In addition, the deal also includes rights for the FiOS Mobile app, which will be available to FiOS customers in the near future. Terms of the deal were not disclosed.
09:35 EDTDISNetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 17, 2014
15:42 EDTDISParamount's 'Ninja Turtles’ holds on to box office lead, Bloomberg says
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August 14, 2014
19:59 EDTDISWal-Mart sees rise in DVD orders following Disney, Amazon feud, Bloomberg says
Wal-Mart's (WMT) online division has capitalized on a feud between Disney (DIS) and Amazon (AMZN) by offering discounted pre-orders on Walt Disney DVDs, according to Bloomberg. Wal-Mart pre-orders of "Captain America" have increased by 90%, while orders of other Disney DVDs have increased by 40%, Bloomberg added, citing an e-mail from Wal-Mart spokesman Dan Toporek. Reference Link

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