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Stock Market & Financial Investment News

News Breaks
February 10, 2014
05:55 EDTTWX, MDPMeredith upgraded to Buy from Neutral at Citigroup
Citigroup upgraded Meredith (MDP) on expectations the company will look to acquire Time when Time Warner (TWX) spins off the unit in Q2. Citi sees the potential for significant upside should Meredith acquire Time and keeps a $52 price target for shares.
News For MDP;TWX From The Last 14 Days
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May 17, 2015
15:37 EDTTWXUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 14, 2015
10:50 EDTMDPMeredith to comment on strategic priorities at Jefferies TMT Conference
Strategic priorities include: Growing non-political advertising revenue in Local Media, increasing retransmission revenue and contribution, enhancing digital and mobile platforms. In National Media, priorities include evolving and strengthening advertising activities, aggressively expanding digital-related business, growing revenue from individual consumer. For Corporate, priorities include consolidating respective industries, increasing cash returned to shareholders. Comments from slides that will be presented at the Jefferies 2015 TMT Conference.
10:47 EDTTWXTurner Broadcasting CEO says has seen ratings erosion at TNT, TBS
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10:43 EDTTWXTurner Broadcasting CEO says 'bullish' time for Turner
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May 13, 2015
07:16 EDTTWXMoffett Nathanson to hold a summit
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06:55 EDTTWXInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link
May 10, 2015
18:05 EDTTWXFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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17:35 EDTTWXDisney's 'Avengers: Age Of Ultron' leads U.S. weekend box office with $77.2M
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