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Stock Market & Financial Investment News

News Breaks
June 9, 2014
06:25 EDTTWX, FOX"Fault in Our Stars" tops weekend box office, WSJ reports
"The Fault in Our Stars," a movie distributed by Twentieth Century Fox (FOX) and based on a John Green novel, brought in $48.2M in the U.S. and Canada in its opening weekend, beating out Tom Cruise's "Edge of Tomorrow," reports the Wall Street Journal. "Edge," produced by Time Warner's (TWX) Warner Bros., brought in $29.1M. Reference Link
News For FOX;TWX From The Last 14 Days
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December 22, 2014
06:22 EDTFOXHulu signs agreement with FX productions
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December 21, 2014
17:15 EDTTWX, FOXWarner Bros' ‘The Hobbit’ prevails at weekend box office, Bloomberg says
“The Hobbit: The Battle of the Five Armies,” from Warner Bros. (TWX) topped Sony's (SNE) remake of “Annie” and 21st Century Fox's (FOX, FOXA) The “Night of the Museum” this weekend, says Bloomberg. The action-fantasy from Warner Bros.brought in $56.2M in weekend sales, added Bloomberg. Reference Link
12:02 EDTFOX21st Century Fox blacks out Fox News and Business for DISH
Tonight, 21st Century Fox (FOXA,FOX) blocked DISH (DISH) customer access to Fox News Channel and Fox Business Network, as the media conglomerate introduced other channels into negotiations despite those channels not being included in the contract up for renewal. DISH Network is a wholly owned subsidiary of DISH Network Corporation . “It’s like we’re about to close on a house and the realtor is trying to make us buy a new car as well,” said Warren Schlichting, DISH senior vice president of programming. “Fox blacked out two of its news channels, using them as leverage to triple rates on sports and entertainment channels that are not in this contract.” This service disruption comes despite DISH’s offer of a short-term contract extension that would preserve the channels as the two parties continue to negotiate. “DISH has had a productive relationship with Fox for many years,” added Schlichting. “We regret the service disruption to our customers, and remain committed to reaching an agreement that promptly returns this content to DISH’s programming lineup.”
December 17, 2014
07:48 EDTFOX21st Century Fox reaches preliminary agreement to acquire true[X] media
21st Century Fox announced it has reached a preliminary agreement to acquire true[X] media, a leading video advertising company that specializes in consumer engagement and on-demand marketing campaigns. Closing of the transaction is subject to the completion of a definitive agreement and other customary closing conditions. Financial terms were not disclosed. As part of the acquisition, true[X] will work closely with Fox Networks Group to drive engagement between brands and consumers on Fox’s proprietary digital platforms.
December 16, 2014
08:29 EDTTWXComcast to launch online live stream of NBC, WSJ reports
Comcast's (CMCSA) NBC is launching a live stream of its broadcast network online today and plans for it to be available on mobile platforms early next year, but NBC does not plan to sell a separate online version without requiring a pay-TV subscription, unlike peers CBS (CBS) and Time Warner’s (TWX) HBO, said The Wall Street Journal. Reference Link
06:36 EDTTWXAmazon says HBO GO now available on Fire TV
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December 14, 2014
17:21 EDTFOXNasdaq announces annual re-ranking of the NASDAQ-100
The NASDAQ OMX Group (NDAQ) announced the results of the annual re-ranking of the NASDAQ-100 (NDX), which will become effective prior to market open on Monday, December 22. The following three companies will be added to the Index: American Airlines Group (AAL), Electronic Arts (EA) and Lam Research (LRCX). As a result of the revision in the index methodology allowing multiple share classes of index participants to be included in the index, the following three securities will also be added to the index: Comcast Corporation Class A Special (CMCSK), Twenty-First Century Fox Class B (FOX) and Liberty Global plc Class C (LBTYK). As a result of the re-ranking, the following three companies will be removed from the Index: Expedia (EXPE), F5 Networks (FFIV) and Maxim Integrated Products (MXIM).
December 12, 2014
06:17 EDTTWXTime Warner CEO talks potential mergers in media space, NY Post reports
Time Warner CEO Jeff Bewkes discussed the potential of a merger with CBS (CBS) and Viacom (VIA) at yesterday's DealBook conference, New York Post reports. Bewkes said, "They may want to be a merger partner for somebody or maybe even for themselves."Reference Link
December 11, 2014
07:49 EDTTWXThe New York Times to hold a conference
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06:24 EDTFOXDISH plans to leave broadcast channels out of basic online TV package, WSJ says
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December 10, 2014
06:03 EDTTWXHBO plans to launch web-only service in April, Fortune reports
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05:59 EDTTWXHBO CTO Berkes to exit cable network, Variety reports
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December 9, 2014
15:03 EDTTWXDiscovery Communications rises after CEO sees outperforming U.S. peers
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13:53 EDTTWXTime Warner CEO: Bundle will continue to be dominant
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11:11 EDTFOXDiscovery, Hulu announce new distribution agreement
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08:55 EDTFOX21st Century Fox co-COO says company has 'clear' succession plan
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08:54 EDTFOX21st Century Fox co-COO says on track for FY15, FY16 guidance
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07:32 EDTTWX, FOXUBS to hold a conference
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06:48 EDTTWXAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
10:00 EDTTWXOn The Fly: Analyst Initiation Summary
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