21st Century Fox downgraded to Buy from Strong Buy at ISI Group ISI Group downgraded 21st Century Fox (FOXA) to Buy from Strong Buy and removed shares from the Top Picks list following news of its offer to buy Time Warner (TWX).
News For FOXA From The Last 14 Days
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Netflix 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