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Stock Market & Financial Investment News

News Breaks
August 3, 2012
14:42 EDTCMCSA, GM, KCGMarket set to end week higher after economic data cheers investors
Stocks fell early in the week after central bankers in the U.S. and Europe disappointed investors, but today's better than expected economic data has left stocks poised to finish the week higher... MARKET NEWS: After holding a two-day meeting, the Fed on Wednesday didn't indicate that it was launching another round of stimulus. On the other side of the Atlantic, European Central Bank President Mario Draghi indicated that his central bank may buy sovereign bonds in the future, but did not outline concrete plans for doing so. However, stocks look set to end the week on a positive note after the U.S. reported that its economy had added 163,000 net new nonfarm jobs in July, versus the consensus estimate of 100,000. Meanwhile, an index of non-manufacturing activity for July came in at 52.6, versus the consensus estimate of 52.0... COMPANY NEWS: Knight Capital (KCG) on Wednesday announced that it had lost $440M due to erroneous trades triggered by a software glitch. The brokerage firm is looking to obtain funds in order to stay afloat... GM (GM) yesterday morning reported higher than expected EPS but lower than expected revenue. The automaker's European operations generated a Q2 EBIT-adjusted loss of $0.4B... Comcast (CMCSA) reported higher than expected Q2 EPS and in-line revenue.
News For KCG;GM;CMCSA From The Last 14 Days
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April 13, 2015
12:58 EDTGMGM says it has resolved Bolt's technical challenges, Financial Times reports
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12:44 EDTGMFiat Chrysler interested in partnering with GM, Reuters says
Fiat Chrysler 9FCAU) CEO Sergio Marchionne is looking to make a "mega deal" before stepping down in early 2019 and has shown "particular interest" in partnering with GM(GM), according to Reuters. GM is strong in Asia, an area of weakness for Fiat Chrysler, while GM is looking to expand in Europe, the news service stated. Reference Link
08:56 EDTCMCSACPUC Commissioner asking for Comcast deal to be rejected, CT Financial News says
California Public Utilities Commissioner Mike Florio filed an alternate proposed decision on the planned merger of Comcast (CMCSA) and Time Warner Cable (TWC) that, in effect, asks the other four commissioners to reject a preliminary approval of the merger issued by a CPUC administrative law that included 25 conditions that Comcast must agree to in order to secure the pact, said CT Financial News. Reference Link
07:22 EDTCMCSAWave of media M&A may be on the way, WSJ says
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07:16 EDTGMTechWeek to hold a conference
TechWeek Detroit 2015 is being held in Detroit on 4/13-19.
April 12, 2015
15:58 EDTCMCSAComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
April 10, 2015
06:13 EDTGMGeneral Motors added to Focus List at Citigroup following selloff
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April 9, 2015
11:31 EDTGMGM may make 'major' investment in Warren Tech Center, Detroit News says
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08:41 EDTGMGM's Opel unit reports Q1 new passenger car sales 279,306 units
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07:44 EDTCMCSAComcast risks overblown, shares offer attractive upside, says Jefferies
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06:19 EDTGMGeneral Motors considering $1.3B expansion of Arlington plant, Reuters reports
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06:07 EDTGMGM to temporarily halt production of Chevrolet Volt, WSJ reports
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April 8, 2015
19:09 EDTGMGM pressures Canadian workers to reduce pension benefits, Globe and Mail says
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April 7, 2015
14:41 EDTCMCSASTX Entertainment, Universal Pictures Home Entertainment in partnership
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11:27 EDTGMCanadian sale of General Motors stake removes an overhang, says BofA/Merrill
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09:23 EDTGMOn The Fly: Pre-market Movers
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09:03 EDTCMCSAEA, Illumination Entertainment, Universal Partnerships announce collaboration
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09:01 EDTGMGeneral Motors 73.39M share Block Trade priced at $35.90
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08:07 EDTCMCSAComcast expands fiber network throughout Denver metro area
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06:56 EDTGMGeneral Motors 73.39M share Block Trade; price range $35.80-$36.00
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