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Stock Market & Financial Investment News

News Breaks
June 18, 2014
04:55 EDTNXST, NXST, SFXE, SFXE, LGF, LGF, NLSN, NLSN, WWE, WWE, TIVO, TIVO, DHX, DHX, MDCA, MDCA, IMAX, IMAX, P, P, RENT, RENT, SCOR, SCORBernstein to hold a summit
Future of Media Summit to be held in Boston on June 18-19.
News For NXST;RENT;P;IMAX;MDCA;DHX;TIVO;WWE;NLSN;LGF;SFXE;SCOR From The Last 14 Days
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July 2, 2015
07:26 EDTIMAXB. Riley recommends adding to IMAX and RealD positions
B. Riley recommends adding to IMAX (IMAX) and RealD (RLD) positions given improving underlying box office market share trends, increasing exposure to international box office markets, and company specific catalysts.
July 1, 2015
09:03 EDTLGFLionsgate and Hasbro agrees to bring Monopoly to the big screen
Lionsgate (LGF) and Hasbro (HAS) are partnering to bring the iconic game MONOPOLY to the big screen, the two companies announced. Academy Award-nominated Andrew Niccol will write the screenplay for MONOPOLY, which will be produced by Lionsgate and Hasbro's Allspark Pictures. Lionsgate will finance the movie.
June 30, 2015
07:33 EDTIMAXIMAX optioned several theatrical rights
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07:13 EDTTIVONasdaq to hold a conference
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June 29, 2015
08:38 EDTPConcerns over Pandora competition significantly overdone, says Sterne Agee CRT
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07:56 EDTIMAXIMAX estimates raised above consensus at B. Riley
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07:42 EDTLGFLionsgate merger with Starz looks increasingly logical, says Stifel
Stifel says that it has become more convinced of the logic of a potential merger between Lionsgate (LGF) and Starz (STRZA). The firm thinks that such a deal would positively impact Lionsgate's cah flow, increase its leverage capacity and expand its OTT content platform. The firm says that a combination of EPIX and Starz would be positive for both platforms, and it increased its price target on Lionsgate to $42 from $39 while keeping a Buy rating on the shares.
June 28, 2015
14:24 EDTPApple Music 'unlikely to move earnings needle,' Barron's says
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June 25, 2015
11:10 EDTTIVOTiVo management to meet with Jefferies
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08:49 EDTPPandora music business progressing nicely, says Canaccord
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June 24, 2015
09:30 EDTPGoogle competing with itself after unveiling free music service, Bloomberg says
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08:25 EDTNLSNNetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
07:31 EDTIMAXIMAX signs first agreement in Nigeria with Filmhouse Cinemas
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June 23, 2015
12:08 EDTPPandora down 1% after Google launches free music service
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12:05 EDTPGoogle launches free, ad-supported music service in U.S.
Google (GOOG) announced via a blob post that Google Play Music now has a "free, ad-supported version" in the U.S. It stated, "Our team of music experts, including the folks who created Songza, crafts each station song by song so you donít have to. If youíre looking for something specific, you can browse our curated stations by genre, mood, decade or activity, or you can search for your favorite artist, album or song to instantly create a station of similar music." Shares of Pandora (P) ticked lower following Google's announcement.
09:02 EDTLGFLionsgate promotes Tim Palen to Chief Brand Officer
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07:29 EDTTIVOBernstein to hold a summit
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