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Stock Market & Financial Investment News

News Breaks
August 19, 2013
18:40 EDTNWSA, FOXA21st Century Fox adds $110M to legal fee budget, WSJ says
Twenty-First Century Fox has added $110M to the amount it is budgeting to cover legal costs related to the alleged use of illegal reporting tactics at News Corp.'s (NWSA) U.K. newspapers, reports The Wall Street Journal. Reference Link
News For FOXA;NWSA From The Last 14 Days
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February 27, 2015
06:07 EDTFOXATiVo, RPX buy Aereo assets, WSJ says
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February 26, 2015
14:06 EDTNWSANY Daily News hires Lazard to explore sale, Buzzfeed reports
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February 24, 2015
15:15 EDTNWSAZillow granted temporary order to keep ListHub listings on Trulia, Inman reports
Zillow Group (Z) has been granted a temporary restraining order to continue receiving listings from ListHub, which is owned by a News Corp. (NWSA) subsidiary, reported real estate industry publication Inman, citing a statement from Trulia president Paul Levine. In a statement, ListHub owner Move Inc. said, “We look forward to another ‘liberating moment’ for Zillow on March 12, when we will have the opportunity to make our full case in court. In the meantime, we are happy to continue supplying the industry’s best data.” Reference Link
13:01 EDTFOXATom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
06:56 EDTFOXAFox News' O'Reilly mounts defense of disputed statements, NY Times reports
Bill O'Reilly, the host of a popular prime time show on 21st Century Fox's Fox News, yesterday defended himself against accusations that he had falsely claimed to have reported on the Falklands war and to have covered "active war zones," according to The New York Times. O'Reilly, who says he covered violent demonstrations in the aftermath of the war, last night played footage of violent protests in Argentina following the conflict and spoke with a former NBC News bureau chief who said there were tanks in the streets of Buenos Aires when OReilly was there, the newspaper stated. The website Mother Jones and a number of O'Reilly's former CBS colleagues have disputed his accounts, The times reported. Reference Link
February 23, 2015
09:12 EDTFOXADiscovery volatility flat into 21st Century Fox denied it held talks
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08:55 EDTFOXAFox News' O'Reilly defending statements, NY Times reports
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08:33 EDTFOXA'Fifty Shades' ticket sales retain top spot at box office, Reuters says
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07:00 EDTFOXA21st Century Fox says 'no truth' in rumors of Discovery talks, Reuters reports
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06:34 EDTFOXA21st Century Fox, Discovery held preliminary merger talks, AFR reports
21st Century Fox (FOXA) executives met with their counterparts at Discovery Communications (DISCA) nearly two weeks ago to discuss a possible takeover offer, The Australian Financial Review reports, citing sources. According to the sources, discussions were "nascent" and talks are in the "very, very early days." A spokesperson for 21st Century Fox has denied talks took place. Reference Link
February 20, 2015
14:36 EDTNWSAZillow sues to maintain ListHub listings on Trulia, GeekWire reports
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February 17, 2015
17:29 EDTFOXABerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
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12:56 EDTFOXADecline of TV viewing accelerated, NY Post reports
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07:15 EDTFOXA'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link

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