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Stock Market & Financial Investment News

News Breaks
December 27, 2012
15:19 EDTRLD, CKEC, SNE, DWA, VIA, IMAX, RGC, TWX, NWSA, DIS, CNK, LGF, VIABHollywood 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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February 25, 2015
08:45 EDTSNEEros International announces content partnership with Sony Television
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08:26 EDTDWADreamWorks could struggle to meet 2015 outlook, says FBR Capital
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07:01 EDTDWADreamWorks Animation addresses liquidity issues, says Piper Jaffray
Piper Jaffray believes DreamWorks Animation took "specific and decisive" actions to abate any liquidity concerns with the sale of the company's Glendale real estate and the expansion of its credit facility. Piper says that while 2015 is a transition year with only one feature film release, it is "increasingly bullish" about the prospects for DreamWorks in 2016. It reiterates an Overweight rating on the stock with a $26 price target following the company's Q4 results.
06:17 EDTVIASuddenlink claims 99.7% customer retention after dropping Viacom, NY Post says
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February 24, 2015
18:15 EDTDWAOn The Fly: After Hours Movers
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16:15 EDTDWADreamWorks Animation reports Q4 EPS ($3.08), consensus ($3.01)
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15:21 EDTDWANotable companies reporting after market close
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15:15 EDTNWSAZillow granted temporary order to keep ListHub listings on Trulia, Inman reports
Zillow Group (Z) has been granted a temporary restraining order to continue receiving listings from ListHub, which is owned by a News Corp. (NWSA) subsidiary, reported real estate industry publication Inman, citing a statement from Trulia president Paul Levine. In a statement, ListHub owner Move Inc. said, “We look forward to another ‘liberating moment’ for Zillow on March 12, when we will have the opportunity to make our full case in court. In the meantime, we are happy to continue supplying the industry’s best data.” Reference Link
13:01 EDTSNETom Rothman to replace Amy Pascal at Sony Pictures, FT reports
Former Fox Filmed Entertainment (FOXA) co-Chairman Tom Rothman will replace Amy Pascal as co-chairman of Sony Pictures (SNE), The Financial Times reports. Sony Entertainment CEO Michael Lynton has extended his contract, the publication notes. Rothman has run Sony's TriStar label since 2013. Reference Link
09:35 EDTVIABActive equity options trading on open
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09:04 EDTLGFLionsgate invests in Telltale Games
Lionsgate has made a significant investment in game developer and publisher Telltale Games, the two companies announced today. As part of its investment, Lionsgate Chief Executive Officer Jon Feltheimer will also join the Telltale board. The investment will continue the extension of Lionsgate's film and television brands into the game space and will bring Lionsgate's expertise in creating and marketing premium content to Telltale's unique narrative-driven, storytelling approach to gaming. The collaboration will also enable the two companies to explore opportunities to co-develop existing and original IP into episodic games and television.
07:21 EDTVIA Viacom reportedly planning job cuts, Bloomberg says
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06:10 EDTTWXSalem Media Group, CNN to team up for three GOP presidential primary debates
February 23, 2015
18:13 EDTDISBob Chapek named Chairman, Walt Disney Parks and Resorts
Bob Chapek has been named Chairman, Walt Disney Parks and Resorts, it was announced by Robert A. Iger, Chairman and CEO, and Thomas O. Staggs, COO, The Walt Disney Company. A 22-year veteran of The Walt Disney Company, Chapek has served since 2011 as President of Disney Consumer Products, driving a technology-led transformation of the company’s consumer products, retail and publishing operations. He assumes his new role effective immediately.
14:54 EDTDWADreamWorks Animation volatility elevated into Q4 and outlook
DreamWorks Animation March call option implied volatility is at 58, April is at 51, June is at 49; compared to its 26-week average of 46 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on February 24.
11:35 EDTTWX, DISAmazon picks Benson to head advertising for original TV series, Variety says
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10:31 EDTLGFEPIX announces extension to Prime Instant Video agreement
EPIX announced that it has extended its agreement with Amazon to license thousands of new releases, classic library titles and original programs for Prime Instant Video. Programming from the agreement includes movies from EPIX studio partners, Paramount Pictures, Lionsgate and Metro-Goldwyn-Mayer Pictures, and delivers new releases such as Transformers: Age of Extinction, Teenage Mutant Ninja Turtles, Interstellar, Selma and The Hunger Games: Mockingjay Part 1, along with classic big film franchises including James Bond, Star Trek, Rocky and more.
08:33 EDTVIAB'Fifty Shades' ticket sales retain top spot at box office, Reuters says
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07:38 EDTTWXComcast, AT&T deals could be delayed by document access case, WSJ says
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07:27 EDTSNESony breach underscored failings in corporate, government cooperation, WSJ says
A Wall Street Journal review of the hack attack on Sony Entertainment shows that the companies and government agencies fighting the hackers based some decisions on little information or consultation since the parties often held too closely to their own interests, illustrating major shortcomings in how the government and companies work together to respond to such attacks. The Journal cites interviews with executives, U.S. officials and people briefed on their conversations in its report. Reference Link
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