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Stock Market & Financial Investment News

News Breaks
December 27, 2012
15:19 EDTRGC, TWX, LGF, DWA, NWSA, VIAB, VIA, DIS, RLD, IMAX, CNK, CKEC, SNEHollywood ticket sales increase for the first time in three years, AP says
The number of movie tickets sold in the U.S. increased for the first time in three years, reported the Associated Press earlier. Ticket sales are projected to jump 5.6% to 1.36B by December 31, according to box-office tracker Hollywood.com. Reference Link
News For RGC;CKEC;CNK;IMAX;RLD;DIS;VIA;VIAB;NWSA;DWA;LGF;TWX;SNE From The Last 14 Days
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May 23, 2013
11:38 EDTSNEGameStop sees being able to leverage buy/sell/trade model with new consoles
GameStop (GME) says in communication with Microsoft (MSFT) about how used games and resale will be handled in respect to upcoming Xbox One.
11:22 EDTSNEGameStop believes next-gen consoles will have lower price points than last cycle
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11:09 EDTSNEGameStop says 'right in the middle' of opportunity presented by new consoles
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06:04 EDTSNEApple hoping to launch music service at June conference, NY Post reports
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May 22, 2013
14:27 EDTSNEcomScore says Google Sites lead April U.S. online video rankings
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12:05 EDTVIA, VIABViacom increases quarterly dividend to 30c from 27.5c
Viacom announced that its board has approved an increase in its quarterly dividend to 30c per share of Class A and B common stock from 27.5c per share. The increase will take effect beginning with Viacom's next quarterly dividend, payable on July 1, to stockholders of record at the close of business on June 14.
12:03 EDTVIA, VIABViacom raises quarterly dividend to 30c from 27.5c
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07:15 EDTSNESony will take partial entertainment unit spinoff proposal to board, WSJ says
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07:10 EDTSNESamsung, LG TV screen troubles benefit Sony, Sharp, Bloomberg reports
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06:02 EDTSNEOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Since the financial crisis, bonds backed by a single loan have been less common than securities made up of a group of unrelated loans. But the market for loans on commercial properties has changed in recent months and is booming again--$12.1B so far this year--the Wall Street Journal reports...Big phone companies (SAP, T, TEF, VZ, VOD, CCO) have begun to sell the vast amounts of data they gather about their subscribers' locations, travels and Web-browsing habits. The information provides a powerful tool for marketers but raises new privacy concerns, the Wall Street Journal reports...REUTERS: Apple's (AAPL) ability to shelter billions of dollars of income from tax has depended on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple channeled profits into Irish-incorporated subsidiaries that had no declared tax residency anywhere in the world, Reuters reports...The dollar languished well below last week's 4 1/2-year high against the yen today, ahead of testimony from the Fed Chairman Bernanke after two regional Fed presidents hinted that the central bank will continue its bond-buying scheme, Reuters reports...BLOOMBERG: Samsung (SSNLF) and LG Electronics are reworking their strategies for high-end TVs after spending billions of dollars on a new display technology that’s behind schedule and costs nearly $10,000 a set. The misstep has created an opening for Sony (SNE), Sharp (SHCAY) and Chinese maker Skyworth Digital, Bloomberg reports...Apple’s (AAPL) bonds have lost $280.6M of market value since buyers snapped up $17B of the iPhone maker’s debt last month, declining as yields climb from record lows, Bloomberg reports.
05:56 EDTSNEStocks with implied volatility movement; SNE JRCC
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05:55 EDTLGFLionsgate achieves record sales of $250M at 2013 Cannes market
Lionsgate announced to its International distribution partners, the lineup of films for the 2013 Cannes Film Festival, achieving a company record of more than $250M in sales for nine titles that included Mockingjay 1 and 2, the third and fourth installments of the global blockbuster Hunger Games franchise, Step Up 5 and upcoming Lionsgate and Summit titles such as Draft Day, The Last Witch Hunter and Lionsgate UK's A Little Chaos.
05:54 EDTSNESony targets FY14 sales of 8.5T yen, operating income margin over 5%
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May 21, 2013
16:26 EDTSNEOn The Fly: Closing Wrap
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14:18 EDTSNEElectronic Arts announced EA Sports Ignite for Xbox One
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13:16 EDTSNESony 'leaning toward' spin-off of entertainment unit, Nikkei says
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13:13 EDTSNESony weighing spin-off of entertainment unit, Nikkei says
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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
06:07 EDTSNESony initiated with a Buy at Jefferies
Jefferies is positive on Sony's positions in insurance and content and believes the company needs to exit most electronic markets. The firm started shares with a Buy rating.
May 20, 2013
16:29 EDTCNKDoJ reaches settlement with Cinemark in Rave Holdings deal
The Department of Justice announced that it has reached a settlement with Cinemark Holdings and Rave Holdings that requires Cinemark to divest movie theaters in Kentucky, New Jersey and Texas, in order to proceed with its $220M acquisition of Rave Cinemas movie theaters. In addition, Cinemark’s chairman is required to divest Movie Tavern, which operates theaters in Ft. Worth and Denton, Texas, that compete with Rave Cinemas. Reference Link
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