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Stock Market & Financial Investment News

News Breaks
March 21, 2014
11:06 EDTFOXA, FOXFox stockholders approve delisting from Australian Securities Exchange
21st Century Fox announced that its stockholders approved the company’s proposal to request the removal of its full foreign listing from the Australian Securities Exchange. The company expects to file its request for the removal of its full foreign listing with the ASX on March 24.
News For FOX;FOXA From The Last 14 Days
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January 22, 2015
14:00 EDTFOXA21st Century Fox initiated with a Hold at Societe Generale
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January 21, 2015
06:17 EDTFOX, FOXAOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
07:25 EDTFOXA, FOXViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
06:06 EDTFOX, FOXADreamWorks planning to lay off 'substantial' number of staff, LA Times reports
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January 18, 2015
16:46 EDTFOXA, FOXWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
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