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Stock Market & Financial Investment News

News For CMCSA;TWX From The Last 14 Days
Check below for free stories on CMCSA;TWX the last two weeks.
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April 16, 2014
05:54 EDTCMCSATime Warner Cable upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Time Warner Cable (TWC) to Outperform on expectations the merger with Comcast (CMCSA) will get approved. Wells raised the low end of its price target range for shares to $140-$160 from $132.50-$160.
April 15, 2014
07:26 EDTCMCSAReport: Comcast raised advertised basic TV rates 68% over 4 years, NY Post says
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April 14, 2014
13:19 EDTCMCSANetflix's streaming speeds on Comcast jumped, The Verge reports
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April 10, 2014
11:35 EDTTWXCNN to use 9pm for original series, documentaries, Variety reports
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07:49 EDTCMCSALawmakers concerned over Internet share of combined Comcast-TWC, LAT says
During merger review proceedings, legislators on the Senate Judiciary Committee expressed particular concern about the 40% nationwide share of the Internet market that would be held by a combined Comcast (CMCSA) and Time Warner Cable (TWC) if the two are permitted to merge, reported The Los Angeles Times. Reference Link
07:21 EDTCMCSAHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
07:31 EDTCMCSASenate Judiciary Committee to hold a hearing
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07:28 EDTCMCSAComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTCMCSAComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
14:36 EDTCMCSADirecTV confirms new agreement reached with Weather Channel
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14:22 EDTCMCSAWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
12:55 EDTCMCSAComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:01 EDTCMCSAComcast says consumers would benefit from acquisition, The Hill says
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09:04 EDTCMCSAAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:57 EDTCMCSASmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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08:51 EDTTWXTime Warner announces proposed $1.4B financing by Time Inc
Time Warner Inc. and Time Inc. announced that, in connection with Time Warner Inc.’s previously announced intention to separate Time Inc. from Time Warner Inc., Time Inc. plans to raise an aggregate $1.4B of debt through an offering of unsecured senior notes and by entering into a secured term loan facility. Time Warner Inc. will not be a guarantor or otherwise provide credit support for the notes or the term loan facility. Time Inc. intends to use the expected net proceeds from this financing to fund the acquisition of Time Inc.’s U.K. publishing business, which is currently owned by a wholly owned subsidiary of Time Warner Inc. Time Inc. intends to use the remaining expected net proceeds from this financing to pay a special cash dividend to Time Warner Inc.
07:52 EDTCMCSAComcast, Time Warner execs go before critic at hearing, Reuters says
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06:59 EDTCMCSAComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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06:27 EDTTWXMajor movie studios file lawsuit against Megaupload, Engadget reports
The MPAA announced that major movie studios have filed a civil lawsuit against filesharing site megaupload two years after federal investigators shut down the website and filed criminal charges against its founder, reports Engadget. The lawsiut targets the site's Uploader Rewards program with the claim that the business model was "designed to encourage theft." Reference Link
April 7, 2014
08:05 EDTTWXTime Warner's HBO Go again suffers connection issues, Re/code says
Just a month after Time Warner CEO Jeff Bewkes promised his pay TV channel HBO Go would be improving its technology after the season finale of “True Detective” was plagued by outages, many users tuning in for the season premiere of “Game of Thrones” received error messages, Re/code reports. Reference Link
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