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Stock Market & Financial Investment News

News Breaks
June 20, 2012
10:51 EDTNFLX, NWSANetflix may seek probe of News Corp's BSkyB in 2013, paidContent reports
Netflix (NFLX) may ask British regulators to launch a new probe against News Corp's (NWSA) BSkyB if Netflix is unable to obtain top film rights in the U.K. by Summer 2013, according to paid Content, which cited a statement by Netflix. Reference Link
News For NFLX;NWSA From The Last 14 Days
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May 24, 2013
08:38 EDTNWSANews Corp. adopts stockholder rights plan ahead of split up
News Corporation and the new News Corporation announced that, in advance of their planned separation, the Board of Directors of the company and the current Board of the new News Corporation has each determined to adopt stockholder rights agreements for the company and for new News Corporation, respectively. The rights agreements would expire one year after the date of this announcement, in the case of the company, or one year after the date of the separation, in the case of the new News Corporation. The company said it has considered that there may be significant volume of trading in shares of 21st Century Fox and the new News Corporation around the time of the separation, and for a period thereafter. The rights agreements are intended to protect the stockholders of the company and the new News Corporation from efforts to obtain control of such companies that their respective Boards of Directors determine are not in the best interests of the companies and their respective stockholders, News Corp. said.
08:35 EDTNWSANews Corp. board approves separation of businesses, stock buyback after split
News Corporation announced that the separation of News Corporation into two distinct publicly traded companies, 21st Century Fox and the new News Corporation, has been formally approved by the company’s Board of Directors. The company also announced appointments to the Boards of Directors of both companies, effective upon the completion of the separation, which is expected to occur on June 28. In connection with the separation, the company’s Board has approved the distribution of all shares of the new News Corporation to the company’s stockholders in a ratio of one share of the new News Corporation for every four shares of News Corporation. Furthermore, the Board authorized a $500M stock repurchase program for the new News Corporation following completion of the separation.
07:11 EDTNWSAHulu attracts several bidders, Reuters reports
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06:10 EDTNWSAOn the Fly: Periodicals Wrap-Up
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May 23, 2013
15:39 EDTNWSANews Corp. to host investor day
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11:49 EDTNFLXStocks with call strike movement; NFLX APOL
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09:37 EDTNFLXActive equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ
May 21, 2013
13:17 EDTNFLXNetflix says Ricky Gervais' original series to debut September 12
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May 17, 2013
15:51 EDTNWSADirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTNWSADirecTV considering acquisition of Hulu, Dow Jones reports
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09:37 EDTNFLXActive equity option families trading on open
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May 16, 2013
09:36 EDTNFLXActive equity option families trading on open
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May 15, 2013
19:59 EDTNWSAPay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link
17:46 EDTNWSASAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
16:02 EDTNFLXOptions Update; May 15, 2013
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14:28 EDTNFLXNetflix targets 100 basis points of margin expansion a quarter
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12:17 EDTNFLXIcahn paper profit in Netflix tops $1B, WSJ reports
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10:51 EDTNFLXNetflix CFO says growing subscribers at $8 price point
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10:49 EDTNWSASenator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link
10:42 EDTNFLXNetflix moves higher, levels to watch
The shares are moving against the broader sideways or down move in technology today, last at $244.10. It would appear that traders are intent on moving the shares back toward the $250 area. That area in the prior two-years was important support and then resistance. When the shares broke below that level in August 2011, it presaged a steep decline in share price. Retaking that level and holding it therefore might encourage more bullishness for higher price. A failure to do so could potentially derail the current trend higher.
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