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Stock Market & Financial Investment News

News Breaks
April 10, 2012
07:13 EDTNWSA, LBTYAFoxtel receives approval to buy Austar, Bloomberg reports
News Corp's (NWSA) Foxtel has received approval from the Australian Competition & Consumer Commission to buy Austar United Communications after agreeing to drop exclusive rights to ESPN, the Disney Channel, National Geographic Channel, Nickelodeon and about 60 other channels, Bloomberg reports. Reference Link
News For NWSA;LBTYA From The Last 14 Days
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May 24, 2013
17:26 EDTNWSANews Corp. to take $1.2B-$1.4B charge in Q4 related to publishing segment
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15:07 EDTNWSAYahoo submits bid for Hulu, AllThingsD reports
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14:44 EDTNWSANews Corp. management to meet with JPMorgan
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13:19 EDTNWSAKKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
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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May 20, 2013
14:42 EDTLBTYALiberty Global puts content division up for sale, WSJ reports
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14:21 EDTLBTYALiberty Global exploring sale of Chellomedia unit, DJ says
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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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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 EDTNWSA, LBTYASAC 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), .
17:26 EDTLBTYAThird Point gives quarterly update on stakes
NEW STAKES: Virgin Media (VMED), Tiffany (TIF), B/E Aerospace (BEAV), Anadarko (APC), and Thermo Fisher (TMO). INCREASED STAKES: International Paper (IP), Abbvie (ABBV), TransDigm (TDG), Constellation Brands (STZ), and Dollar General (DG). DECREASED STAKES: Delphi (DLPH), Murphy Oil (MUR), AIG (AIG), LyondellBasell (LYB), and Liberty Global (LBTYA). LIQUIDATED STAKES: Tesoro (TSO), Morgan Stanley (MS), Symantec (SYMC), Herbalife (HLF), and Illumina (ILMN).
17:03 EDTLBTYASoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
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
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
May 14, 2013
17:48 EDTNWSALone 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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