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News For DTV;KKR;VIVHY From The Last 14 Days Check below for free stories on DTV;KKR;VIVHY the last two weeks. |
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| May 24, 2013 | | 16:57 EDT |  | DTV | Berkshire Hathaway raises passive stake in DirecTV to 6.7% from 5.8%
 Subscribe for More Information | | | 13:19 EDT | | KKR | KKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
| | | 07:11 EDT |  | DTV | Hulu attracts several bidders, Reuters reports
Subscribe for More Information | | | 06:10 EDT | | DTV | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 23, 2013 | | 10:18 EDT |  | DTV | DirecTV downgraded to Hold from Buy at Standpoint Research
Subscribe for More Information | | | May 22, 2013 | | 19:07 EDT | | DTV | Cable companies not thrilled with channel rebrandings, Bloomberg says
Cable companies, including DirecTV (DTV) and Time Warner Cable (TWC), are not thrilled with the rebranding of low-rated channels, complaining they have no control over the changes and are wary networks will demand more money for unproven shows, reports Bloomberg. Reference Link | | | 16:25 EDT |  | KKR | On The Fly: Closing Wrap
Stocks on Wall Street were sharply lower following a day where the Fed dominated the news. The averages were higher early in the session as Fed Chairman Ben Bernanke testified in front of Congress. However, the averages crossed into negative ground as Bernanke's comments on the potential for future QE tapering were digested. The selling accelerated in the late hours of the session following the release of the minutes from the Fed's last FOMC meeting. ECONOMIC EVENTS: In the U.S., Federal Reserve Chairman Ben Bernanke delivered testimony before the Joint Economic Committee of Congress, stating that premature tightening of monetary policy would carry a "substantial risk" of slowing or ending the economic recovery. Bernanke, however, also said the central bank could begin winding down its bond-buying program at one of its "next few meetings" if the economy continues to improve. The FOMC minutes, released at 2:00 pm ET, indicated that some committee members expressed a willingness to adjust assets purchases, though some disagreement existed over what economic data would be needed to begin such a program. The minutes also said some members might want to cut asset purchases by as soon as June. The National Association of Realtors said existing home sales advanced 0.6% to an annual rate of 4.97M units in April, which was the highest level since November 2009 but still below expectations for a rise to a 4.99M-unit rate. COMPANY NEWS: Target (TGT) shares lost $2.86, or 4.01%, to $68.40 after the company's first quarter report, which it called "disappointing." The company also cut its full-year earnings and same-store sales views. MAJOR MOVERS: Among notable gainers was Saks (SKS), up $1.83, or 13.39%, to $15.50 after the New York Post said the company hired Goldman Sachs (GS) to explore strategic alternatives and Bloomberg said KKR (KKR) was considering a stake in the luxury retailer. Also higher following its better-then-expected quarterly results was Zale (ZLC), which advanced $1.20, or 22.22%, to $6.60. Among noteworthy losers were a number of Solar stocks, including Trina Solar (TSL), down $1.07, or 14.9%, to $6.11, and SunPower (SPWR), down $1.81, or 8.62%, to $19.19 after China's Xinhua news agency said early talks between Europe and China to resolve their fight over solar panel trade rules had failed. Also lower was SolarWinds (SWI), down $6.57, or 13.71%, to $41.34 after the company said it will acquire N-able for $120M and its shares were downgraded at research firm Pacific Crest. INDICES: The Dow was down 80.41, or 0.52%, to 15,307.17; the Nasdaq was down 38.82, or 1.11%, to 3,463.30; and the S&P 500 was down 13.81, or 0.83%, to 1,655.35. | | | 13:07 EDT | | KKR | KKR weighs Saks investment, may push Neiman Marcus merger, Bloomberg says
KKR (KKR) is considering an investment in Saks (SKS) and may push Saks to pursue a merger with Neiman Marcus, reports Bloomberg, citing people with knowledge of the matter. Saks shares are up $2.25, or 16.46%, to $15.92 after reports last night said the company retained Goldman Sachs (GS) to explore strategic alternatives, including a possible sale. Reference Link | | | 12:53 EDT | | KKR | KKR considers Saks investment, could push merger with Neiman, Bloomberg says
Subscribe for More Information | | | May 20, 2013 | | 08:30 EDT |  | KKR | KKR & Co. to host investor day
Subscribe for More Information | | | | May 17, 2013 | | 15:51 EDT | | DTV | DirecTV 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 EDT | | DTV | DirecTV considering acquisition of Hulu, Dow Jones reports
Subscribe for More Information | | | May 16, 2013 | | 16:08 EDT | | DTV | UniTek Global provides update on master services agreement with DirecTV
UniTek Global (UNTK) announced that its subsidiary, DirectSat USA, has received a letter from DirecTV (DTV) providing 180-day notice of the termination of its master services agreement with DirectSat, effective November 8, 2013. Shortly following receipt of the notice, DirectSat entered into an agreement with DirecTV providing that the 180-day notice of termination will be automatically withdrawn upon the company's refinancing, by July 31, of its debt on terms that satisfy certain financial requirements, the continued work on completion of its financial statements and the satisfaction of other conditions. DirecTV has informed the company that it intends to continue working with the company as UniTek addresses the issues it currently faces related to the previously disclosed accounting matters. | | | 07:11 EDT | | KKR | Some asset managers want investors to buy their shares, Reuters reports
Subscribe for More Information | | | 06:08 EDT | | KKR | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | 06:01 EDT |  | DTV | DirecTV shares can rise above $90 in next two years, says Citigroup
Subscribe for More Information | | | May 15, 2013 | | 16:55 EDT | | DTV | Berkshire Hathaway gives quarterly update on stakes
Subscribe for More Information | | | 16:40 EDT | | DTV | Berkshire Hathaway reports 5.8% passive stake in DirecTV
| | | 12:12 EDT | | VIVHY | Activision Blizzard halted share buying talks with Vivendi, Bloomberg reports
Subscribe for More Information | | | 07:11 EDT | | KKR | Some buyout firms move beyond buyouts, WSJ reports
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