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Stock Market & Financial Investment News

News Breaks
July 24, 2014
06:46 EDTFOX, FOXA, TWXFox COO pushed to keep role amid Time Warner deal, Reuters says
Twenty-First Century Fox (FOX, FOXA) president and COO Chase Carey could be up against pressure from both CEO Rupert Murdoch and from Time Warner (TWX) to maintain his role for several more years as Murdoch aims to purchase Time Warner, according to Reuters, citing one person familiar with the matter. Reference Link
News For FOX;FOXA;TWX From The Last 14 Days
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October 15, 2014
12:36 EDTTWXOn The Fly: Midday Wrap
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12:26 EDTTWXNetflix obtains streaming licensing rights to 'Friends'
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10:55 EDTTWXHBO to launch standalone online service in 2015
HBO's plans to launch a stand alone streaming service in the U.S. that does not require a cable TV subscription were announced at Time Warner's (TWX) analyst day meeting. HBO's upcoming service may be viewed as another competitor to Netflix (NFLX).
10:03 EDTTWXTime Warner's Turner unit sees low double-digit operating income CAGR 2013-18
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09:59 EDTTWX, FOX, FOXATime Warner CEO says has more than sufficient scale, sees doubling EPS
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09:52 EDTTWXTime Warner CEO sees investing more in content over time
Time Warner notes it invested $13.8B in content in 2013. Time Warner CEO Jeff Bewkes is speaking at the company's investor day meeting.
09:51 EDTTWXTime Warner sees adjusted EPS $6 by 2016, $8 by 2018
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07:58 EDTFOXARentrak deal with Fox affirms strategy, says Brean Capital
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October 12, 2014
15:54 EDTFOXA, FOX21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
October 10, 2014
13:17 EDTFOXANielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
08:05 EDTFOXA, FOX21st Century Fox, Apollo Global agree to form content joint venture
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08:03 EDTFOXA21st Century Fox, Apollo Global form content joint venture
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07:04 EDTTWXAmazon in talks to join digital locker for movies. WSJ reports
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06:42 EDTTWX, FOXATime Warner CEO to be questioned on growth plans, NY Post reports
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05:18 EDTTWXTime Warner to host investor meeting
Investor meeting to be held on October 15 at 9:30 am. Webcast Link
October 8, 2014
13:27 EDTFOXASoftBank no longer talking to DreamWorks, Buzzfeed reports
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07:13 EDTFOXAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 7, 2014
10:02 EDTTWXOn The Fly: Analyst Initiation Summary
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09:04 EDTFOX, FOXAFox Sports Radio, DirecTV announce partnership to launch Rich Eisen Show
FOX Sports Radio (FOXA) and DIRECTV (DTV) announced a partnership to launch The Rich Eisen Show into national radio syndication. Eisen will debut as part of FOX Sports Radio’s national weekday lineup in the noon to 3 p.m. ET timeslot, beginning November 3. FOX Sports Radio/Premiere Networks will also provide exclusive radio ad sales representation for The Rich Eisen Show.
07:49 EDTTWXTime Warner initiated with a Buy at MKM Partners
Target $90.
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