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Stock Market & Financial Investment News

News Breaks
June 11, 2014
16:25 EDTRENT, FOXARentrak in agreement to provide ratings services to FOX Television stations
Rentrak (RENT), FOX Television Stations (FOXA), FTS, and Fox Stations Sales, announce a long-term agreement for Rentrak to provide its local market television ratings services to all FOX-owned television stations. This represents 28 stations across 18 markets from New York City to Ocala-Gainesville, Fla.The agreement provides FOX access to Rentrak's StationView Essentials software and TV ratings information including Rentrak's single-source auto and political ratings.Jack Abernethy, CEO of FTS said, "We are happy to have immediate access to Rentrak's Advanced Demographics data. More importantly, we expect this will accelerate the long overdue progress toward an accurate digital measuring system in local TV, one based on a census, not estimates, and one that measures all screens."
News For RENT;FOXA From The Last 14 Days
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October 15, 2014
09:59 EDTFOXATime Warner CEO says has more than sufficient scale, sees doubling EPS
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07:58 EDTRENT, FOXARentrak deal with Fox affirms strategy, says Brean Capital
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October 14, 2014
07:02 EDTRENTRentrak announces agreement with Fox Networks Group
Rentrak announced an agreement with the Fox Networks Group, or FNG, that expands its existing relationship to include linear TV ratings measurement and single source consumer data reporting. FNG's FOX Broadcasting, FX Networks and National Geographic Channels will access Rentrak's complete TV ratings measurement insights including its advanced demographic to help transform the valuation and monetization of its media inventory.
October 12, 2014
15:54 EDTFOXA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
October 10, 2014
13:17 EDTFOXANielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
08:05 EDTFOXA21st Century Fox, Apollo Global agree to form content joint venture
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08:03 EDTFOXA21st Century Fox, Apollo Global form content joint venture
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06:42 EDTFOXATime Warner CEO to be questioned on growth plans, NY Post reports
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October 9, 2014
12:50 EDTRENTRentrak advances after making deal with leading ad agency
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12:30 EDTRENTOn The Fly: Midday Wrap
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10:31 EDTRENTRentrak deal with WPP transformational, says Brean Capital
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07:18 EDTRENTWPP, Kantar Media announce partnership with Rentrak
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07:13 EDTRENTRentrak's TV measurement services selected by GroupM
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07:10 EDTRENTRentrak acquires Kantar Media's U.S.-based television measurement assets
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October 8, 2014
13:27 EDTFOXASoftBank no longer talking to DreamWorks, Buzzfeed reports
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09:35 EDTRENTRentrak initiated with an Outperform at Avondale
Target $86.
07:13 EDTFOXAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 7, 2014
09:04 EDTFOXAFox Sports Radio, DirecTV announce partnership to launch Rich Eisen Show
FOX Sports Radio (FOXA) and DIRECTV (DTV) announced a partnership to launch The Rich Eisen Show into national radio syndication. Eisen will debut as part of FOX Sports Radio’s national weekday lineup in the noon to 3 p.m. ET timeslot, beginning November 3. FOX Sports Radio/Premiere Networks will also provide exclusive radio ad sales representation for The Rich Eisen Show.
October 6, 2014
07:55 EDTRENTRentrak price target raised to $84 from $72 at Brean Capital
Brean Capital raised its price target on Rentrak (RENT) to $84 from $72 citing positive momentum for TV Everywhere and lower risk in the stock given the company's operating leverage, strong cash flow, and potential for value expansion. The firm believes Rentrak can replace Nielson (NLSN) and reiterates its Buy rating on shares of Rentrak.
06:41 EDTFOXA'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
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