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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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August 29, 2014
15:46 EDTFOXADisney jv A&E in talks for Vice Media stake after Time Warner backs out, FT says
A&E Networks, a joint venture owned by Disney (DIS) and Hearst Corporation, is nearing a deal to pay $250M for 10% stake in Vice Media after the digital media company and Time Warner (TWX) failed to come to terms on a deal, said Financial Times. 21st Century Fox (FOXA) already owns a 5% stake in Vice. Reference Link
13:15 EDTFOXATime Warner ends talks to buy Vice Media stake, NYT says
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August 26, 2014
09:35 EDTFOXANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
14:51 EDTFOXAGray Television renews all Fox affiliation agreements
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