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Stock Market & Financial Investment News

News For KKR;JPM;TWX;CMCSA;CMCSK;NWSA From The Last 14 Days
Check below for free stories on KKR;JPM;TWX;CMCSA;CMCSK;NWSA the last two weeks.
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<< 1 | 2 | 3 | 4 | 5 | all recent news | >>
May 9, 2013
15:25 EDTTWXRoyalty talks for Apple's iRadio hit snag, FT reports
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13:52 EDTNWSANews Corp.'s Fox orders nine new shows, USA Today says
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10:30 EDTCMCSABill would pressure cable companies on a la carte channels, The Hill says
Republican Senator John McCain is writing a bill that would push cable TV and satellite companies to offer a la carte channel options to their customers, according to The Hill, which cited statements by the senator's office. McCain's bill would rpessure cable and satellite companies to enable consumers to choose which individual channels they want, the website explained. Reference Link
10:01 EDTNWSANews Corp. rises following results, levels to watch
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09:19 EDTNWSAOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Tesla (TSLA), up 23.7%... Green Mountain (GMCR), up 14.5%... Groupon (GRPN), up 14.1%... Walter Investment (WAC), up 6.1%... News Corp. (NWSA), up 3.9%... ALSO HIGHER: Barnes & Noble (BKS), up 29.4% after TechCrunch says Microsoft (MSFT) may buy Nook Media assets for $1B... Oil States (OIS), up 4.2% after David Einhorn recommends shares at investor conference... MGM Resorts (MGM), up 1.2% following upgrade to Buy at Sterne Agee. DOWN AFTER EARNINGS: Rackspace (RAX), down 21.6%... Monster Beverage (MNST), down 9.8%... McDermott (MDR), down 8.3%... Activision Blizzard (ATVI), down 7.1%. ALSO LOWER: Seagate (STX), down 3.4%, and Western Digital (WDC), down 2.2% after negative mention of both by Jim Chanos at Sohn conference.
08:53 EDTNWSANews Corp.'s Carey: Time to break some of the TV rules, FT reports
Broadcasters must break some of the rules by which they have operated for decades, News Corp. COO Chase Carey says, after a weak season in which the four largest free-to-air U.S. TV channels have all seen ratings fall, reports the Financial Times. Carey said broadcast TV remained “the dominant form of event television” but was stuck with “historical practices” such as creating hundreds of pilots for series which never air. Reference Link
08:09 EDTJPMJPMorgan, Bank of America had perfect trading records in Q1, Bloomberg reports
JPMorgan Chase (JPM) and Bank of America (BAC) had perfect trading records in the first quarter, making money every day of the period as Morgan Stanley (MS) posted losses in eight sessions and Goldman Sachs (GS) in two, reports Bloomberg. One daily gain at JPMorgan was over $200M as the bank recovered from last year’s London Whale derivatives loss, the company said in a regulatory filing. Reference Link
07:35 EDTJPMPlatts to host a conference
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07:16 EDTNWSANews Corp. price target raised to $39 from $36 at Bernstein
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06:40 EDTJPMCalpers to support separation of chairman, CEO roles at JPMorgan, NY Times says
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05:43 EDTJPMBig banks take the offense against Washington, WSJ reports
The biggest U.S. banks are going on the offensive to fight off growing efforts in Washington to rein them in, reports the Wall Street Journal. They've hired longtime, influential Washington insiders to deflect regulatory and political pressure to strengthen their finances and to sell assets. Reference Link
05:39 EDTJPMJPMorgan looks for more board directors for its risk committee, WSJ reports
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May 8, 2013
19:52 EDTJPMJPMorgan discloses receipt of Wells-type notice from FERC
In a regulatory filing, JPMorgan disclosed that the Federal Energy Regulatory Commission is investigating the firm’s bidding practices in certain organized power markets. In March, the firm received a Wells-type notice that the FERC staff intends to recommend that the Commission bring a possible enforcement action against J.P. Morgan Ventures Energy, JPMorgan Chase, and certain firm personnel relating to alleged violations of FERC rules and the rules of certain independent system operators. Additionally, in November 2012, the FERC issued an order suspending JPMVEC’s market-based rate authority for six months commencing on April 1, based on its finding that statements concerning discovery obligations made in submissions related to the FERC investigation violated FERC rules regarding misleading information.
17:19 EDTNWSANews Corp. reports Q3 Cable Network revenue $2.78B vs. $2.38B a year ago
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16:27 EDTNWSANews Corp. says on track to complete proposed separation of businesses
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16:18 EDTJPMFERC delivers 'wells-type' notice to JPMorgan on energy probe, Bloomberg reports
16:04 EDTNWSANews Corp. reports Q3 adjusted EPS 36c, consensus 36c
Reports Q3 revenue $9.54B, consensus $9.14B.
15:29 EDTNWSANotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include News Corp. (NWSA), consensus 36c; CenturyLink (CTL), consensus 69c; Transocean (RIG), consensus $1.00; Activision Blizzard (ATVI), consensus 11c; Energy Transfer Equity (ETE), consensus 48c; Continental Resources (CLR), consensus $1.13; Green Mountain Coffee Roasters (GMCR), consensus 73c; Sunoco Logistics Partners (SXL), consensus 82c; Tesla Motors (TSLA), consensus 4c.
14:35 EDTNWSAEarnings Preview: News Corp. just off multi-year high ahead of Q3 report
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14:18 EDTNWSANews Corp. holders renew calls to separate CEO, chairman, The Guardian says
Groups representing News Corp. shareholders in the U.S., U.K., and Canada filed resolutions calling for News Corp. CEO Rupert Murdoch to step down as chairman of the company, according to a report by The Guardian. Reference Link
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