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Stock Market & Financial Investment News

News Breaks
March 11, 2014
11:33 EDTCMCSA, FOX, TWC21st Century Fox COO raises concerns on Comcast-TWC merger, Reuters says
21st Century Fox (FOX) COO Chase Carey raised concerns of a potential Comcast (CMCSA) broadbrand Internet dominance should the merger with Time Warner Cable (TWC) be completed, reports Reuters. At an investor conference, Carey said, "Is there choice in broadband? Are you really headed toward every home having simply one broadband provider, and what are the implications of that?" Reference Link
News For FOX;CMCSA;TWC From The Last 14 Days
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June 25, 2015
15:07 EDTFOXBrian Sullivan named president of digital, Fox Networks Group
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12:52 EDTTWCCharter to 'go further' than net neutrality rules in TWC merger, Variety reports
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08:28 EDTFOXFox News Chairman and CEO Roger Ailes signs new multi-year contract
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June 24, 2015
19:53 EDTCMCSAComcast to offer EA games over cable box, DSLReports says
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14:51 EDTFOXSirius XM, Fox News announce partnership on new channel
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13:58 EDTFOX, CMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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08:25 EDTCMCSANetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
June 23, 2015
13:09 EDTCMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
10:00 EDTTWCOn The Fly: Analyst Downgrade Summary
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08:39 EDTTWCTime Warner Cable downgraded to Sector Perform from Outperform at Scotiabank
June 22, 2015
15:04 EDTCMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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June 21, 2015
19:21 EDTFOXFox rejects offers from Vodafone, Vivendi for Sky stake, Telegraph says
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17:57 EDTCMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTFOX, CMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
11:52 EDTTWC, CMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
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June 18, 2015
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
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13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
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06:16 EDTCMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
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