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Stock Market & Financial Investment News

News Breaks
January 30, 2013
07:32 EDTNWSA, HNZHeinz, Dial Corp. sue News Corp. over coupon issues, WSJ reports
News Corp. (NWSA) has been sued by H.J. Heinz (HNZ) and Dial Corp., a unit of Henkel AG, alleging antitrust violations at its coupon and in-store advertising unit, reports the Wall Street Journal. The suit was jointly filed suit in federal court in Michigan, in late December, alleging News Corp.'s marketing unit had used monopoly power with displays and promotions it installs in supermarkets to block out competitors and charge higher prices to advertisers.Reference Link
News For NWSA;HNZ From The Last 14 Days
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June 23, 2015
13:09 EDTNWSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
June 22, 2015
08:02 EDTHNZFirms fight News Corp in contingent-fee suit, Bloomberg reports
Companies such as HJ Heinz (HNZ) and Henkel (HENKY) subsidiary Dial are among the plaintiffs in a class action lawsuit against News Corp (NWS) that claims its advertising unit has monopolized the market for in-store design services, Bloomberg reports. The companies sued in 2013 originally, and the case was granted class action status last Thursday, the report says. Reference Link

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