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Stock Market & Financial Investment News

News Breaks
July 23, 2014
06:42 EDTFOX, TWXFox unlikely to raise offer for Time Warner beyond $95 per share, WSJ says
In order to sway Time Warner's (TWX) board, 21st Century Fox (FOX) would have to raise its stock-and-cash offer from its initial $85 a share and require to take on enough debt that its own credit rating would be downgraded, reports the Wall Street Journal. According to people familiar with Fox's thinking, the company wants to protect its investment-grade credit rating and is only prepared to consider a bid between $90 and $95 per share. Reference Link
News For FOX;TWX From The Last 14 Days
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September 18, 2014
06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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September 17, 2014
13:57 EDTTWXTNT obtains network television premiere rights to five upcoming Marvel films
Turner Network Television, or TNT, a subsidiary of Time Warner, has obtained the network television premiere rights to five upcoming Marvel Studios films, including "Avengers: Age of Ultron," and "Captain America 3." Each of the five films is tentatively scheduled to premiere on TNT a little over two years after its theatrical release. Reference Link
09:04 EDTTWX, FOXAmericas Media ad growth estimates lowered at Nomura
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06:13 EDTFOXSky Deutschland tells investors to reject BSkyB offer
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September 15, 2014
07:29 EDTTWXSony's 'No Good Deed' tops weekend box office, WSJ reports
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September 12, 2014
11:13 EDTFOXLiberty Global says no 'big' transactions on horizon
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06:56 EDTFOXEU approves BSkyB $9B pay-TV agreements in Germany, Italy, Reuters says
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September 11, 2014
11:10 EDTFOX, TWXFox COO Carey says company has 'moved on' from Time Warner, THR reports
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06:17 EDTFOX, TWXTime Warner not planning HBO IPO, comments on Fox, NY Post reports
Time Warner (TWX) CEO Jeff Bewkes told the Goldman Sachs Communacopia conference that the company is not planning an IPO or tracking stock for HBO, the New York Post reports. Bewkes also commented that the company took 21st Century Fox's (FOXA) takeover offer "very seriously," but it was determined that the integration process would be such a "large undertaking" that shareholders of both companies "would be exposed to incredible and unnecessary risks." Reference Link
September 10, 2014
07:31 EDTTWXGoldman to hold a conference
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September 9, 2014
07:28 EDTTWX, FOXFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
September 5, 2014
06:05 EDTTWXWarner Bros. to eliminate jobs 'at every level' acros studio, Deadline reports
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