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Stock Market & Financial Investment News

News Breaks
March 1, 2013
17:21 EDTNWSA, CMCSA, DISDisney, News Corp discuss future roles in Hulu, WSJ reports
Disney (DIS) and News Corp (NWSA), each of which own about a third of Hulu, with Comcast (CMCSA) owning the other third, are in discussions regarding uncertainty over their Hulu stakes, with a possible outcome being that either Disney or News Corp. sells their stake in Hulu, according to a Wall Street Journal report that cites sources. Reference Link
News For NWSA;DIS;CMCSA From The Last 14 Days
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May 22, 2013
07:29 EDTCMCSAXbox won't hurt pay TV companies in near-term, AllThingsD says
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07:24 EDTCMCSANetEvents International to host a summit
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May 21, 2013
12:58 EDTDISDisney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link
06:52 EDTCMCSAVideo on demand from cable companies becoming more popular, NY Times says
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May 20, 2013
13:45 EDTCMCSAComcast's NBC names new news president
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May 19, 2013
16:41 EDTDISViacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
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May 17, 2013
15:51 EDTCMCSA, NWSA, DISDirecTV 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 EDTCMCSA, DIS, NWSADirecTV considering acquisition of Hulu, Dow Jones reports
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06:23 EDTDISDisney downgraded to Neutral from Overweight at Atlantic Equities
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May 16, 2013
13:46 EDTDISDisney's ESPN acquires rights to tennis' U.S. Open beginning 2015
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09:24 EDTCMCSAAmazon.com expands content licensing agreement with NBCUniversal
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05:51 EDTCMCSANBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link
May 15, 2013
19:59 EDTNWSA, CMCSA, DISPay-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), .
11:48 EDTCMCSAAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:24 EDTCMCSADavid Tepper's Appaloosa reports new stake in Comcast
10:49 EDTNWSA, CMCSA, DISSenator 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
06:42 EDTNWSAU.S. says Apple was "ringmaster" in e-book price fixing scheme, NY Times says
The Justice Department is alleging that Apple (AAPL) was "the ringmaster" in an e-book price fixing scheme, according to The New York Times, citing a lawsuit filed by the agency. One piece of evidence the agency is using to try to prove that charge is an e-mail from former Apple CEO Steve Jobs to News Corp's (NWSA) James Murdoch, in which Jobs allegedly suggested that the two companies set specific prices for e-books, the newspaper added. Reference Link U
05:59 EDTDISCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTDIS, NWSALone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
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