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Stock Market & Financial Investment News

News Breaks
May 13, 2014
08:11 EDTNFLX, MSFT, CMCSA, DIS, FOXAMicrosoft to lift Gold requirement to stream Netflix on Xbox, Ars Technica says
Microsoft (MSFT) will soon make a long-awaited change so that Xbox users will no longer need an Xbox Live Gold subscription to access Netflix (NFLX), Hulu, and other streaming media apps, according to Ars Technica, citing multiple sources within Microsoft. Hulu is owned by a consortium of Twenty-First Century Fox (FOXA), Disney (DIS) and Comcast (CMCSA). Reference Link
News For NFLX;MSFT;CMCSA;DIS;FOXA From The Last 14 Days
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October 10, 2014
07:04 EDTCMCSAAmazon in talks to join digital locker for movies. WSJ reports
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06:42 EDTFOXATime Warner CEO to be questioned on growth plans, NY Post reports
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06:39 EDTNFLXNetflix spends $150M annually on content recommendations, Gigaom reports
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October 9, 2014
18:11 EDTDISDisney CEO Iger says Shanghai Park to avoid Paris' troubles, Bloomberg reports
Disney CEO Bob Iger said the company's theme park in Shanghai, which is slated to open in 2015, will not experience the same problems that its Paris facility did, Bloomberg reports. Reference Link
16:00 EDTNFLXOptions Update; October 9, 2014
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14:32 EDTNFLXIcahn says never discussed Netflix with Tim Cook
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13:39 EDTMSFTMicrosoft says committed to Surface Pro 3
Microsoft's Brian Hall acknowledged in a post to the company's Surface blog that the company has recently received a lot of interest and questions from businesses about Microsoft’s longer-term commitment to Surface is in businesses of all sizes. Surface Pro 3 will continue to support Windows 8.1 and be upgrade-able when Windows 10 is released, Hall stated. Hall also announced a limited-time Surface Laptop Replacement Bundle that provides up to $150 off of a Surface Pro 3, Type Cover and Docking Station when purchased together, available through Microsoft's authorized resellers in the U.S. starting immediately. "Businesses can buy with confidence. We are here to stay," Hall, the General Manager for Surface, stated in concluding the blog post. The Fly notes that DigiTimes, citing sources from the upstream supply chain, reported earlier that Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for the Surface Pro 3. Reference Link
12:37 EDTNFLXBrett Icahn says Netflix is 30% position at Sargon
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12:35 EDTNFLXBrett Icahn says still owns shares of Netflix
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11:00 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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10:59 EDTCMCSATime Warner Cable stockholders approve Comcast merger deal
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10:00 EDTMSFTOn The Fly: Analyst Initiation Summary
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09:38 EDTMSFT, NFLXActive equity options trading on open
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09:01 EDTMSFTSony moves step further toward sale of PS4 in China, WSJ says
Sony (SNE), which seeks to join Microsoft (MSFT) in selling video game consoles in China, may see a partner company start packaging its consoles in the nation in December, said The Wall Street Journal, citing a filing posted by a Sony local partner on the official website of Shanghai’s free-trade zone. A Sony spokesperson said the facility's ability to package 200,000 consoles a year, which was communicated in the filing, does not represent an actual business plan and declined to comment further on Sony’s plans. Reference Link
08:53 EDTMSFTAbout 1,000 workers went on strike for several hours at Foxconn plant, WSJ says
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08:18 EDTCMCSATime Warner Cable to host special shareholder meeting
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06:42 EDTMSFTMicrosoft CEO admits 'mistakes' with Windows 8, Business Insider reports
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06:41 EDTMSFTMicrosoft initiated with a Market Perform at BMO Capital
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06:31 EDTMSFTFiling says Sony to begin console packaging in China, Bloomberg says
A filing on the website of the China Pilot Free Trade Zone said that Sony (SNE) is aiming to begin packaging over 200K new video game consoles starting in December in China, according to Bloomberg, citing the filing which was verified as authentic by a spokesman for Sony Computer Entertainment. The company is looking to accumulate sales in the country as the end of a 14-year ban on the devices approaches. Microsoft (MSFT) already began selling Xbox Ones in China. Reference Link
06:24 EDTMSFTMicrosoft rumored to cancel Surface tablet business, DigiTimes reports
Microsoft may be planning to cancel the Surface tablet business as it continues to see weak sales for its Surface Pro 3 tablet, reports DigiTimes. According to sources from the upstream supply chain, the first and second generation Surface tablets are estimated to have created losses of about $1.7B. Reference Link
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