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Stock Market & Financial Investment News

News Breaks
November 20, 2012
16:06 EDTNWSA, CBSNews Corp. has expressed interest to CBS about merging book businesses, WSJ says
The Wall Street Journal cites sources.
News For NWSA;CBS From The Last 14 Days
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August 1, 2014
07:43 EDTCBSTime Warner still in play after rejecting 21st Century Fox, Bloomberg says
Even if Time Warner (TWX) successfully fends off 21st Century Fox (FOXA), analysts from Needham, RBC and others say the company is now a target and CEO Jeff Bewkes’s plan to keep the company independent will probably only last so long, according to Bloomberg's "Real M&A" column. Needham says it is possible that Verizon (VZ) or an Internet company could step in with offers, while Wedbush analysts contended that pursuing a merger with CBS (CBS) could serve as another way to defend itself from Fox, the report noted. Reference Link
July 30, 2014
14:51 EDTNWSANews Corp. considering app-based news service, FT says
News Corp. is working on an app-based news service and will decide in the next few weeks whether to launch the service, which would combine original reporting with repurposed content from its properties, said Financial Times, citing people familiar with the matter. Reference Link
14:20 EDTCBSDispute delays "Big Bang Theory" production, Hollywood Reporter says
The three stars of the hit TV show "The Big Bang Theory" have not yet come to terms on a new contract with the producer of the show, Time Warner's (TWX) Warner Bros. Television, according to The Hollywood Reporter. As a result, production of the new season of the show has been delayed, The Hollywood Reporter quoted a source at Warner Bros. Television as saying. Reference Link
July 18, 2014
12:21 EDTCBSCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
08:21 EDTCBSTime Warner merger could change Warner Bros. spot in tv landscape, WSJ says
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07:05 EDTCBSCBS CEO says will examine CNN if Time Warner puts up for sale, Reuters says
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