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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:17 EDTDTV, WWEDirecTV 'rethinking' relationship with WWE, LA Times
DirecTV (DTV) is "rethinking" its relationship with WWE (WWE) and is reconsidering whether or not it wants to continue offering WWE’s pay-per-view specials, the LA Times reports. WWE recently announced plans to launch an online network. Reference Link
News For DTV;WWE From The Last 14 Days
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April 15, 2014
10:20 EDTWWE, DTVDirecTV to stop carrying WWE pay-per-views, PWTorch says
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10:00 EDTWWEOn The Fly: Analyst Initiation Summary
Allscripts (MDRX) reinstated with an Outperform at Raymond James... Amber Road (AMBR) initiated with a Buy at Canaccord... Autonation (AN) coverage assumed with a Market Perform at Wells Fargo... BG Group (BRGYY) initiated with an Outperform at BMO Capital... Borderfree (BRDR) initiated with a Buy at Canaccord... Dean Foods (DF) initiated with a Buy at BB&T... Destination XL (DXLG) initiated with a Buy at Ascendiant... Group 1 Automotive (GPI) coverage assumed with a Market Perform at Wells Fargo... Halozyme (HALO) initiated with a Buy at Citigroup... MakeMyTrip (MMYT) initiated with a Neutral at Goldman... Penske Automotive (PAG) coverage assumed with a Market Perform at Wells Fargo... RPM (RPM) initiated with an Outperform at Wells Fargo... RSP Permian (RSPP) initiated with a Buy at KLR Group... Repligen (RGEN) initiated with a Buy at Jefferies... Spansion (CODE) initiated with a Buy at Sterne Agee... Statoil (STO) initiated with a Market Perform at BMO Capital... TPG Specialty Lending (TSLX) initiated with a Buy at BofA/Merrill... Versartis (VSAR) initiated with a Buy at Citigroup... WWE (WWE) initiated with a Buy at Needham... WebMD (WBMD) reinstated with a Strong Buy at Raymond James.
07:57 EDTWWEWWE initiated with a Buy at Needham
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April 11, 2014
10:46 EDTWWEOptions with decreasing implied volatility: MNKD QCOR NQ WWE BBBY
07:26 EDTDTVTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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April 8, 2014
14:36 EDTDTVDirecTV confirms new agreement reached with Weather Channel
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14:22 EDTDTVWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
14:20 EDTWWEWWE falls to low of the day, levels to watch
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April 7, 2014
16:28 EDTWWEOn The Fly: Closing Wrap
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13:53 EDTWWEWWE upgraded to Buy from Neutral at Sidoti
13:45 EDTWWEWWE plummets after initial update on network subscribers
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12:15 EDTWWEOn The Fly: Midday Wrap
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12:00 EDTWWEWWE falls 20.2%
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10:00 EDTWWEWWE falls 13.6%
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09:10 EDTWWEOn The Fly: Pre-market Movers
HIGHER: Questcor (QCOR), up 27% after agreeing to be bought by Mallinckrodt (MNK) for cash, stock valued at $86.10 per Questcor share... Agios Pharmaceuticals (AGIO), up 25% after program shows "promising clinical activity" for advanced blood cancers, shares upgraded at JPMorgan... Vocus (VOCS), up 47% after agreeing to be acquired by GTCR for $446.5M, or $18.00 per share... Pandora (P), up 1.3% following upgrade at Wedbush. LOWER: MannKind (MNKD), down 13% after announcing FDA extension of PDUFA date for Afrezza... American Eagle (AEO), down 2.2% following downgrade at Cowen... Pfizer (PFE), down 2.8% after announcing data for palbociclib in metastatic breast cancer... Mattel (MAT), down 3% following downgrade at BMO Capital... WWE (WWE), down 1.2% after cautious mention in Barron's, company announcing WrestleMania 30 grossed $10.9M.
09:07 EDTDTVDirecTV, Hilton announce new in-room strategic supplier agreement
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08:00 EDTWWEWWE Network on track to 1M subscribers
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05:22 EDTWWEWWE announces WrestleMania 30 grossed $10.9M
WWE announced tonight that WrestleMania 30 broke the record for the Mercedes-Benz Superdome’s highest grossing entertainment event. WWE’s annual pop-culture extravaganza grossed $10.9M as a sold-out crowd of 75,167 from all 50 states and 37 countries converged on the Mercedes-Benz Superdome in New Orleans. The event was broadcast live in the U.S. on WWE Network and via cable and satellite providers on pay-per-view in more than 100 countries and 20 languages.
April 5, 2014
12:54 EDTWWEWWE's ultimate appeal could be overestimated, Barron's says
WWE's investors could be confusing fan loyalty with growth possibilities. Cannibalization concerns exist, as the new WWE network may not acquire enough subscribers to counteract the drop in Pay Per View event revenue, Barron's argues in its The Trader column. WWE's international appeal may not meet its lofty expectations, the paper adds. Reference Link
April 2, 2014
13:03 EDTDTVDirecTV, WeatherNation sign multi-year deal
DirecTV announced it has signed a multi-year agreement with WeatherNation. WeatherNation offers a news and information service that is dedicated to weather reporting. The service is available on the DirecTV Everywhere platform for live-streaming.
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