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Stock Market & Financial Investment News

News Breaks
February 13, 2012
07:01 EDTSNE, CMCSA, TWX, NWSA, IMAX, CKEC, CNK, RLD, RGC'The Vow' leads box office, weekend up 27.2% from last year, WSJ reports
The pre-Valentine's Day weekend at the box office was up 27.2% from the same period last year, with Sony's (SNE) "The Vow," Universal's (CMCSA) "Safe House," Time Warner's (TWX) "Journey 2: The Mysterious Island," and a rerelease of Fox's (NWSA) "Star Wars: Episode 1—The Phantom Menace" all eclipsing the $20M mark, reported The Wall Street Journal. Reference Link
News For SNE;CMCSA;TWX;NWSA;IMAX;CKEC;CNK;RLD;RGC From The Last 14 Days
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September 18, 2014
10:17 EDTSNESony Computer Entertainment division upbeat on 2014 profit, Reuters reports
The head of Sony's PlayStation division aims to raise its profit outlook for 2014 due to the strong sales of the latest PalyStation 4 and the rollout of games and content for its network services, reports Reuters. In an interview with Reuters, Sony Computer Entertainment CEO Andrew House said We raised our profit prediction and I hope that's a trend we can continue, even within this fiscal year." Sony has sold 10.3 million PlayStation 4 consoles as of Sept. 6. Reference Link
07:32 EDTIMAXMKM Partners to hold a conference
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07:27 EDTSNESony CEO says 'running out of options' for electronics unit, WSJ reports
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07:26 EDTSNEGartner: Smartwatch market ready to expand, poised for takeoff, DigiTimes says
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06:45 EDTSNEMobile DRAM bit growth to reach 37.5% in 2H14, DigiTimes Research reports
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06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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September 17, 2014
17:48 EDTNWSANews Corp opposed Google EC settlement offer
Early last week, in a letter to European Commissioner for Competition Joaquín Almunia, News Corp (NWS, NWSA) CEO Robert Thomson opposed Google’s (GOOG) settlement offer with the European Commission, or EC, saying the internet giant is “willing to exploit its dominant market position to stifle competition.” Thomson said News Corp also opposed the proposed five year term of a settlement, noting that “five years is an eternity in internet time.” Citing Google’s “egregious aggregation” of content, Mr. Thomson said that, along with serious commercial damage, there is a “profound social cost” to Google’s actions. “The internet should be a canvas for freedom of expression and for high quality content of enduring value. Undermining the basic business model of professional content creators will lead to a less informed, more vexatious level of dialogue in our society.” "Your decision to reconsider Google's settlement offer comes at a crucial moment in the history of the free flow of information and of a healthy media in Europe and beyond," Mr. Thomson wrote.
13:57 EDTTWXTNT obtains network television premiere rights to five upcoming Marvel films
Turner Network Television, or TNT, a subsidiary of Time Warner, has obtained the network television premiere rights to five upcoming Marvel Studios films, including "Avengers: Age of Ultron," and "Captain America 3." Each of the five films is tentatively scheduled to premiere on TNT a little over two years after its theatrical release. Reference Link
09:10 EDTSNEOn The Fly: Pre-market Movers
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09:04 EDTTWXAmericas Media ad growth estimates lowered at Nomura
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07:34 EDTIMAXIMAX and China's Stellar Cinemas expand agreement with four new IMAX theaters
IMAX and SMI Corporation, a Chinese entertainment and media company that operates theatres under the name Stellar Cinemas, are expanding the parties' revenue sharing arrangement with the addition of four new IMAX theatres in China. The deal brings the exhibitor's total IMAX commitment to 11 theatres.
07:08 EDTSNESony volatility expected to move after raises its net loss forecast
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06:18 EDTSNEAU Optronics enters Sony SmartWatch 3's supply chain, DigiTimes reports
AU Optronics (AUO) has entered Sony Mobile's (SNE) supply chain for the SmartWatch 3, reports DigiTimes. AUO will supply 30% of the 1.6-inch panels for the new smartwatch. Reference Link
05:34 EDTSNESony lowers FY14 net loss estimate to 230B from 50B yen
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September 16, 2014
13:50 EDTCMCSAComcast says will reveal capital plan at close of Time Warner Cable deal
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13:40 EDTCMCSAComcast says still expects Time Warner Cable deal to close in 2015
13:38 EDTCMCSAComcast says 'everything on track' with Time Warner Cable deal
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11:42 EDTCMCSATime Warner Cable sees Comcast deal closing early FY15
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07:27 EDTIMAX, CMCSABofA/Merrill to hold a conference
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05:56 EDTCMCSAIAC names NBCU Cable Entertainment Chairman Bonnie Hammer to board
IAC (IACI) yesterday announced the appointment of Bonnie Hammer to the company's Board of Directors, effective September 12. Hammer serves as Chairman, NBCUniversal Cable Entertainment (CMCSA), where she leads NBCUniversal's entire cable entertainment portfolio including USA, Syfy, E! Entertainment, Bravo, Oxygen, Esquire Network, Sprout, Chiller and Cloo, as well as production entities Universal Cable Productions and Wilshire Studios.
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