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Stock Market & Financial Investment News

News Breaks
March 5, 2014
12:04 EDTFOXA21st Century Fox says priority for cash is organic growth
Says priority for cash is organic growth, says will look to invest in businesses it has. Says likes overall mix of businesses in the group. Says on track to buy back $4B in shares this year. Says looking forward to getting clarity from Supreme Court regarding Aereo. Comments made by James Murdoch, deputy COO, Chairman and CEO, International, at the Morgan Stanley Technology, Media & Telecom Conference.
News For FOXA From The Last 14 Days
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May 3, 2015
16:44 EDTFOXADisney's 'Avengers: Age Of Ultron' leads U.S. weekend box office with $187.7M
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April 29, 2015
13:32 EDTFOXAHulu subscriber base jumped 50% year-over-year, The Verge reports
Hulu now has 9M subscribers, an increase of 50% over the same period last year, the venture's CEO stated, according to The Verge. Hulu is owned by Disney (DIS), Comcast (CMCSA) and 21st Century Fox (FOXA), Reference Link
12:19 EDTFOXAAMC Networks monetization improved with Hulu deal, says Piper Jaffray
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06:10 EDTFOXAHulu said to land 'Seinfeld' streaming rights, WSJ reports
Hulu, which is owned by Disney (DIS), Comcast (CMCSA) and 21st Century Fox (FOXA), has reportedly landed a deal to stream all 180 episodes of "Seinfeld," The Wall Street Journal reports. Though terms of the deal have not been disclosed, a source believes that the per-episode value of the show would be around $700,000. Amazon (AMZN) and Yahoo (YHOO) were also bidders for the streaming rights to "Seinfeld," and Netflix (NFLX) expressed interest initially, but later signed a deal for streaming rights to "Friends." Reference Link
April 28, 2015
14:09 EDTFOXAEarnings Watch: TV network owners to report amid takeover rumors
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13:13 EDTFOXACablevision and Hulu announce new agreement to provide Hulu to Optimum customers
Cablevision (CVC) and Hulu (DIS; FOX; FOXA; CMCSA) announced that they have reached an agreement to offer Huluís subscription streaming service to Optimum customers. Cablevision is the first cable or satellite provider to agree to distribute Huluís comprehensive catalog of on-demand content. Cablevision plans to provide pricing and other particulars for Hulu, including its availability date, in the near future.
10:05 EDTFOXAOn The Fly: Analyst Initiation Summary
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07:16 EDTFOXA, FOXA21st Century Fox initiated with an Outperform at CLSA
CLSA initiated 21st Century Fox with an Outperform and $40 price target. The firm expects accelerating earnings growth in FY17 driven by Cable Networks and improving fundamentals.
April 26, 2015
17:05 EDTFOXAUniversal's 'Furious 7' leads U.S. weekend box office with $18.3M
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April 24, 2015
06:50 EDTFOXADisney, Fox refuse to run FiOS commercials, NY Times says
Disney (DIS) and 21st Century Fox (FOXA) are refusing to run commercials for Verizon (VZ) FiOS' slimmed down, a la carte package on a number of their stations, according to The New York Times. Disney, Fox and Comcast (CMCSA) have objected to FiOS' new offering, the news service stated. Reference Link
April 21, 2015
18:53 EDTFOXAFox, NBC say Verizon cable packages violate license terms, Washington Post says
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06:47 EDTFOXATalal a big backer of Fox's James Murdoch, Reuters says
Saudi Arabia's Prince Alwaleed bin Talal, who owns a 6.6% stake in Twenty-First Century Fox, says he "really loves" James Murdoch, the son of the company's octogenarian CEO, Rupert Murdoch. James understands the digital world and is ready to take on a much bigger role at the company, the news service quoted the prince as saying. The prince's support may be setting the stage for James Murdoch to take day-to-day control of the company "sooner rather than later," Reuters stated. Reference Link
April 19, 2015
15:24 EDTFOXAComcast's 'Furious 7' leads U.S. weekend box office with $29.1M
For the weekend of April 19, Universal's (CMCSA, CMCSK) "Furious 7" topped domestic box office charts at $29.1M. Sony's (SNE) "Paul Blart: Mall Cop 2" landed in second place with $24M for the weekend while Universal's "Unfriended" came in third with $16M. Fox's (FOX, FOXA) "Home" and "The Longest Ride" took fourth and fifth place at $10.3M and $6.8M, respectively. Data gathered by Rentrak.

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