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January 22, 2014
09:05 EDTSNE, IACIElectus International signs multiple deals with SPT Networks Russia
Electus, an operating business of IAC (IACI), announced that its global distribution arm, Electus International, has signed multiple distribution deals with Sony (SNE) Pictures Television Networks Russia for its channels in the Commonwealth of Independent States and the Baltic States.
News For IACI;SNE From The Last 14 Days
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November 30, 2015
09:35 EDTIACITCS sees Angie's List trading above $20/share with IAC deal
TCS Capital disclosed that it delivered a letter to Angie's List's Chairman, John Chuang, and the company's board. In the letter, Eric Semler of TCS stated "that while he appreciated the time Mr. Chuang and certain other members of the Board have taken to meet with him to discuss his serious concerns, their discussions have made it clear that the Board has no intention of pursuing a combination with IAC's HomeAdvisor." TCS Capital believes that such a combination would lead Angie's shares to trade at $20 per share or higher. TCS calls on the board to "immediately hire a financial advisor to pursue strategic alternatives, including IAC's public offer." In the letter, Semler declined the Angie's offer to join the board at this time, noting that he prefers to avoid the "onerous standstill provisions that the Board demanded for his appointment to the Board." He also stated in the letter that he will continue to seek to effect change from "outside the boardroom - at least for now." TCS Capital owns 10.7% of Angie's List's outstanding shares.
06:19 EDTSNESony says plans to expand PlayStation 4 remote-play function
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November 29, 2015
17:53 EDTSNE'Hunger Games' stays ahead of competition as Pixar sees slight miss
"The Hunger Games: Mockingjay - Part 2" held on to its box office lead despite competition from Pixar's latest animated film and a strong performance from Rocky Balboa's latest outing, "Creed." WEEKEND LEADER: Lionsgate's (LGF) "The Hunger Games: Mockingjay - Part 2" took in $51.6M domestically for the weekend of November 29 while battling several new releases over the Thanksgiving holiday. The film's roughly 49% slip from its box office open last weekend was not as severe as that seen by previous entries in the series, whose dystopic science-fiction saga has now wound to a close for Lionsgate. BOX OFFICE RUNNERS-UP: Disney (DIS) Pixar's "The Good Dinosaur" opened at $39.2M in the U.S. against expectations for $54M, a rare miss for the studio. In an interview with Bloomberg following the release of this weekend's numbers, Walt Disney Studios' executive Dave Hollis commented, "With every release it is a little bit less about how we start and really more about how we finish. [The film's open has] set us up in a great way." Meanwhile, Warner Bros.' (TWX) "Creed" debuted at $30.1M versus estimates for $26M. "Creed," which marks the seventh Rocky Balboa boxing film, stars Sylvester Stallone as mentor and trainer to the son of Apollo Creed, a previous antagonist in the series. Rounding out the weekend's top five were Sony's (SNE) "Spectre" and Fox's (FOX, FOXA) "The Peanuts Movie," which earned a respective $12.8M and $9.7M. Fox's "Victor Frankenstein" failed to place in the top 10, grossing $2.4M against an approximate budget of $40M.
November 27, 2015
11:34 EDTSNESony reports service issues with PlayStation Network
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November 25, 2015
09:36 EDTSNESony says PS4 has sold over 30.2M units worldwide as of November 22
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November 23, 2015
13:32 EDTSNENetwork-1 reports USPTO issues reexamination certificate for patent
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November 22, 2015
16:22 EDTSNE'Hunger Games' finale opens below series average
Though showing clear dominance in the box office rankings, the final film in the "Hunger Games" saga missed analyst estimates in its domestic open. WEEKEND LEADER: Lionsgate's (LGF) "The Hunger Games: Mockingjay - Part 2" debuted at $101M domestically for the weekend of November 22, missing expectations for $120M-$127M and coming in markedly below the series' $144M first-weekend average. The final entry in the dystopic science fiction tetralogy also saw a weaker open than last year's $121M launch for "Mockingjay - Part 1," though reviews have been slightly stronger. BOX OFFICE RUNNERS-UP: Sony's (SNE) latest James Bond outing "Spectre" slipped to second place at the U.S. box office with $14.6M, while Fox's (FOX, FOXA) "The Peanuts Movie" took in $12.8M. Rounding out the weekend's Top 5 were Sony's "The Night Before" and STX's "The Secret In Their Eyes," with the two newcomers earning a respective $10.1M and $6.6M.
November 20, 2015
11:45 EDTSNEBox Office Battle: 'Hunger Games' finale expected to top box office
Lions Gate's (LGF) "The Hunger Games: Mockingjay - Part 2," the final movie based on the dystopian young adult novels, is opening this weekend at 4,175 theaters and is expecting a domestic gross in the range of $120M-$127M. Piper Jaffray analyst James Marsh said in a note to investors on November 18 that he expects the film to open domestically in the $130M range, above where it is tracking, due to limited competition and the addition of IMAX (IMAX) screens. Piper maintained its Overweight rating and $45 price target on Lions Gate shares at that time. "The Hunger Games" main competition is "Spectre" and "The Peanuts Movie," both of which are in their third weekend of release. Sony's (SNE) "Spectre," starring Daniel Craig as James Bond, is expected to earn another $15.2M-$16.8M. Fox's (FOX, FOXA) G-rated family film, starring a 3D-animated Charlie Brown, is predicted to earn an additional $12.5M-$13.2M. In other box office news, the Wall Street Journal reported that Disney's (DIS) "Star Wars: The Force Awakens," which hits theaters on December 18, has had record-breaking pre-sales. Fandango said the film has already sold more tickets than any other movie before its release, which is still four weeks away, and IMAX said the movie has "doubled" its prior pre-sales record of about $9M. Other publicly traded companies involved in filmmaking include Comcast (CMCSA, CMCSK), Time Warner (TWX), and Viacom (VIA, VIAB).
06:20 EDTSNESony mulling bringing PS2 games to PS4, WSJ says
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November 18, 2015
05:56 EDTSNESony Mobile, LG to develop smartphone app processors in-house, DigiTimes says
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November 17, 2015
10:47 EDTSNEPress Conference to unveil new brain injury technology to be held in New York
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09:02 EDTSNEAnalyst pans competing products, says buy Fitbit
Shares of previous high-flier Fitbit (FIT) have dropped about 30% in the last two weeks following the company's third quarter earnings report, but an analyst at Bank of America upgraded his view of the fitness tracker maker this morning, saying that now is the time to buy ahead of fourth quarter results that may be boosted by the "underwhelming" new products being launched by its competitors. UNDERWHELMING COMPETITION: Fitbit's sales guidance for this holiday quarter looks conservative, contends Bank of America analyst Nat Schindler, who notes that the company only had the launch of one new product last December but will have the Charge, Charge HR and Surge to drive sales this season. Schindler also notes that the company's international advertising has expanded into more countries ahead of the holidays this year. Key, however, may be the "underwhelming" lineup of new or updated fitness trackers launched by competitors, such as the Microsoft's (MSFT) Band 2, Jawbone's UP4 and Sony's (SNE) Smartband 2, many of which have only minor improvements and no "must have" features to pull consumers away from Fitbit, Schindler told investors in his research note. PLATFORM PICKING UP STEAM: The analyst also pointed out that Fitbit now has more than 20 companies signed onto its health and wellness platform, including big names like Target (TGT) and Barclays (BCS), which he believes should help drive revenue beats in the upcoming fiscal year due to increased device sales. Also, the additional dashboard data should help Fitbit maintain long-term user engagement, said Schindler. APPLE WATCH: Apple's (AAPL) Apple Watch is largely viewed as the biggest potential competitive threat to Fitbit's offerings, but on the fitness tracker maker's last earnings call CEO James Park said Fitbit's products differ from those of its competitors in several key aspects, including pricing, cross-platform compatibility, brand awareness and product line breadth. Other wearables makers include Garmin (GRMN) and Samsung. PRICE ACTION: Since the day after Fitbit's last earnings report after the market close on November 2, its shares have fallen about 29.5% to close yesterday at $28.80. In pre-market trading this morning, Fitbit shares rose 2% to $29.40.
07:31 EDTIACIAngie's List board unanimously determines not to pursue IAC proposal
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07:30 EDTIACIAngie's List board unanimously determines not to pursue IAC proposal

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