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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:03 EDTFOX, BSYBYBSkyB confirms talks to buy Fox's stakes in Sky Deutschland, Sky Italia
British Sky Broadcasting (BSYBY) notes speculation about a potential acquisition of 21st Century Fox's (FOX) interests in Sky Deutschland and Sky Italia. The company said, "BSkyB has a clear set of plans to grow its business in the UK and Ireland, is executing these well and expects to continue to achieve excellent growth and returns for shareholders. At the same time, the Company continuously explores ways to create further value for shareholders. These discussions have not progressed beyond a preliminary stage, no agreement has been reached on terms, value or transaction structure and there is no certainty that a transaction will occur."
News For FOX;BSYBY From The Last 14 Days
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March 2, 2015
12:40 EDTFOXTime Warner's 'Focus' takes top box office spot with $19.1M, CBS News says
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February 24, 2015
13:01 EDTFOXTom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
February 23, 2015
08:33 EDTFOX'Fifty Shades' ticket sales retain top spot at box office, Reuters says
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07:00 EDTFOX21st Century Fox says 'no truth' in rumors of Discovery talks, Reuters reports
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06:34 EDTFOX21st Century Fox, Discovery held preliminary merger talks, AFR reports
21st Century Fox (FOXA) executives met with their counterparts at Discovery Communications (DISCA) nearly two weeks ago to discuss a possible takeover offer, The Australian Financial Review reports, citing sources. According to the sources, discussions were "nascent" and talks are in the "very, very early days." A spokesperson for 21st Century Fox has denied talks took place. Reference Link
February 17, 2015
07:15 EDTFOX'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link

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