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Stock Market & Financial Investment News

News Breaks
December 27, 2012
15:19 EDTTWX, NWSA, DIS, CNK, LGF, VIAB, RLD, CKEC, SNE, DWA, VIA, IMAX, RGCHollywood 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 21, 2015
13:10 EDTRLDRealD files patent infringement suit with Paris First Instance Court
RealD announced that the company has filed a lawsuit with the Paris First Instance Court against a 3D manufacturer and a cinema operator for infringement of RealD’s European patent related to their XL Cinema System, 3D cinema projection technology. European patent No. 2067066, entitled “Polarization Conversion Systems for Stereoscopic Projection” claims priority to original US filings beginning in September 2006. This European patent was issued on November 5, 2014, designating France among many other European states. The patent relates to a polarization conversion system for three-dimensional projection utilizing a cinema projector. More particularly, the invention relates to the RealD XL Cinema System’s polarization conversion technology, which uses several polarized light bundles on different light paths in order to obtain brighter images.
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
06:42 EDTSNESony establishes UK studio to work on Morpheus games, GameSpot reports
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May 20, 2015
13:34 EDTVIAB, VIAViacom boosts quarterly dividend to 40c from 33c
Viacom announced that its board has approved a 21% increase in its quarterly dividend to 40c per share of Class A and B common stock from 33c 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 15. Viacom President and CEO Philippe Dauman said, “Viacom is deeply committed to returning capital directly to our shareholders while investing in high-quality programming, expanding in the U.S. and abroad, and developing new and innovative consumer and advertising initiatives. Our strong balance sheet and substantial cash flow have allowed us to increase our quarterly dividend each year since it was initiated in 2010. We also look forward to resuming our buyback program by October."
13:31 EDTVIAB, VIAViacom announces 21% increase in quarterly dividend
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10:00 EDTLGFOn The Fly: Analyst Initiation Summary
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05:44 EDTLGFLionsgate initiated with a Buy at Jefferies
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May 19, 2015
12:50 EDTCNKCinemark management to meet with MKM Partners
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08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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May 18, 2015
07:27 EDTVIAJPMorgan to hold a conference
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May 17, 2015
15:37 EDTDIS, TWXUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 15, 2015
16:32 EDTVIABBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
10:55 EDTLGFJANA Partners gives quarterly update on stakes
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10:50 EDTCNKCinemark to construct new 14-screen movie theatre in Tucson, AZ
Cinemark Holdings announced plans to construct a Century branded, 14-screen, all-digital movie theatre that will feature Luxury Lounger reclining chairs in all auditoriums at the Tucson Marketplace at the Bridges, located at the northwest intersection of Interstate 10 and South Kino Parkway. The new theatre is scheduled to open in summer of 2016.
May 14, 2015
14:46 EDTDISDisney CEO Robert Iger reports sale of ~291K shares of stock
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10:47 EDTTWXTurner Broadcasting CEO says has seen ratings erosion at TNT, TBS
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10:43 EDTTWXTurner Broadcasting CEO says 'bullish' time for Turner
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07:31 EDTIMAXIMAX and Vue International announces two-theatre agreement in England
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06:01 EDTVIAMTV Networks COO Rich Eigendorff leaving company, NY Post reports
MTV Networks COO Rich Eigendorff is leaving the company, sources tell The New York Post. MTV parent Viacom began letting senior executives go several months ago as part of a restructuring effort. Eigendorff is said to be retiring from the company, one source says. Reference Link
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