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Stock Market & Financial Investment News

News Breaks
March 23, 2014
18:57 EDTFOXA, FOX21st Century Fox receives approval for delisting from ASX
21st Century Fox announced that it has formally requested and received approval from the Australian Securities Exchange, ASX, for its removal from the official list of the ASX. This approval by the ASX is not subject to any conditions. Following the removal of the company's listing from the ASX, all of 21st Century Fox's Class A and Class B Common Stock will be listed solely on NASDAQ. As previously announced, there will be no changes to the company's operations, employees or business as a result of the delisting from ASX.
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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