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Stock Market & Financial Investment News

News Breaks
March 8, 2013
17:06 EDTARB, NLSNNielsen discloses receipt of FTC request for more information in Arbitron deal
Nielson (NLSN) disclosed in a regulatory filing that on March 8 Nielsen Holdings received a request for additional information and documentary materials from the Federal Trade Commission regarding the proposed merger of TNC Sub I Corporation, a wholly-owned subsidiary of Nielsen, with and into Arbitron (ARB). Arbitron also received a similar request. The requests were issued under the notification requirements of the Hart-Scott-Rodino Antitrust Improvements Act of 1976. Nielsen intends to respond expeditiously to the request and continue to work cooperatively with the FTC in connection with this review. Completion of the acquisition remains subject to the expiration or termination of the waiting period under the HSR Act, customary closing conditions and approval by Arbitronís stockholders.
News For NLSN;ARB From The Last 14 Days
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January 16, 2015
11:16 EDTNLSNCBS, Viacom climb following Stifel upgrades
Shares of CBS (CBS) and Viacom (VIA, VIAB) are climbing after research firm Stifel upgraded the stocks to Buy from Hold. CBS owns the CBS network and other entertainment properties. Viacom owns a number of cable networks, including MTV and Nickelodeon. WHAT'S NEW: CBS' NFL rights leave it well-positioned to charge cable companies and other TV providers high fees, Stifel analyst Benjamin Mogil wrote in a note to investors today. Meanwhile, the company's strong ratings and lower production costs reduce its risk, Mogil stated. CBS has more opportunities when it comes to selling its content to Internet TV networks such as Netflix (NFLX), Mogil believes. The analyst set a $65 price target on the shares. Meanwhile, Mogil believes that Viacom should benefit from the adoption of ratings measurements other than Nielsen's (NLSN) tools. Viacom has complained that Nielsen's tools have underestimated its ratings by failing to adequately take into account new types of content consumption, the analyst noted. Viacom's recent expansion into new international markets should also improve its performance, Mogil stated. He set an $89 price target on the shares. ANOTHER TO WATCH: Mogil initiated coverage of Twenty-First Century Fox (FOXA) with a $41 price target and Buy rating, saying that the company is well-positioned to benefit from its wide range of sports programming. He set a $41 price target on the shares. PRICE ACTION: In late morning trading, CBS advanced 2.75% to $55, Viacom gained 2.5% to $68, and Twenty-First Century Fox rose 0.4% to $34.72.

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