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Stock Market & Financial Investment News

News Breaks
February 13, 2012
07:01 EDTCNK, NWSA, SNE, RGC, CKEC, TWX, RLD, IMAX, CMCSA'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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April 10, 2015
06:48 EDTTWXTime Warner, Legos to market figures that can be brought to life, NY Times says
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April 9, 2015
09:47 EDTTWXDISH's Sling TV adds HBO programming to lineup
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07:44 EDTCMCSAComcast risks overblown, shares offer attractive upside, says Jefferies
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April 8, 2015
14:50 EDTTWXGoogle plans ad-free YouTube subscription service, Bloomberg says
Google (GOOG) is planning to launch a YouTube subscription service as early as this year, reports Bloomberg, citing a person with knowledge of the matter and a YouTube letter sent to certain content creators on the site. The new paid version of the site will be free of ads and may include a type of offline access to YouTube. Bloomberg notes that the move will put the streaming site into closer competition with Netflix (NFLX), Time Warner's (TWX) HBO Now, and similar paid streaming services. Reference Link
10:01 EDTRGC, CNKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Almost Family (AFAM) downgraded to Neutral from Outperform at Baird... Angie's List (ANGI) downgraded to Neutral from Buy at B. Riley... Annaly Capital (NLY) downgraded to Underperform from Market Perform at FBR Capital... Apple (AAPL) downgraded to Hold from Buy at Societe Generale... Calamos (CLMS) downgraded to Underperform from Market Perform at Keefe Bruyette... Catamaran (CTRX) downgraded to Hold from Buy at Argus... Cinemark (CNK) downgraded to Neutral from Buy at Janney Capital... Crestwood Equity (CEQP) downgraded at BofA/Merrill... Cummins (CMI) downgraded to Neutral from Buy at Goldman... Kinder Morgan (KMI) downgraded to Buy from Conviction Buy at Goldman... L'Oreal (LRLCY) downgraded to Neutral from Outperform at Exane BNP Paribas... NextEra Energy Partners (NEP) downgraded to Neutral from Buy at Goldman... Regal Entertainment (RGC) downgraded to Neutral from Buy at Janney Capital... Trina Solar (TSL) downgraded at BofA/Merrill... WebMD (WBMD) downgraded to Sell from Neutral at Goldman... Yingli Green Energy (YGE) downgraded at BofA/Merrill... Zep Inc. (ZEP) downgraded to Sell from Buy at Wunderlich.
07:32 EDTIMAXIMAX and Disney renews exhibition agreement with multi-picture deal
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06:30 EDTRGCRegal Entertainment downgraded to Neutral from Buy at Janney Capital
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06:30 EDTCNKCinemark downgraded to Neutral from Buy at Janney Capital
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April 7, 2015
14:41 EDTCMCSASTX Entertainment, Universal Pictures Home Entertainment in partnership
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12:50 EDTTWXHBO NOW available to Apple and Optimum Online customers
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09:03 EDTCMCSAEA, Illumination Entertainment, Universal Partnerships announce collaboration
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08:07 EDTCMCSAComcast expands fiber network throughout Denver metro area
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07:28 EDTSNESony increases production capacity for stacked CMOS image sensors
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April 6, 2015
14:04 EDTIMAX, CMCSAIMAX says Universal's Furious 7 grosses $20.8M in IMAX theatres
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10:02 EDTIMAXOn The Fly: Analyst Upgrade Summary
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10:01 EDTCMCSAWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
09:31 EDTCMCSAComcast Business to expand Ethernet in East Bay with $2M fiber extension
Comcast Business announced an expansion of its multi-gigabit Ethernet service to three business parks in the Northern California towns of Pleasanton, Hayward and Fremont. The high-speed fiber-based network build outs together total close to $2M in investment by Comcast in the East Bay, making available reliable Internet speeds to the more than 1,500 businesses in the community by offering reliable Internet speeds up to 20 times faster than traditional 1.5 Mbps DSL or T-1 service.
07:30 EDTIMAXIMAX upgraded to Buy from Hold at Canaccord
Canaccord upgraded IMAX to Buy and increased its price target to $38 from $35. The firm sees reduced risk of a 2015 earnings miss and believes Q1 will either meet or beat its expectations. Canaccord said Furious 7 had a very strong opening weekend and is now expected to generate just under $400M domestically, above the $240M expected two months ago. Canaccord said IMAX shares now trade at a discount and suspects the IPO of IMAX China could occur sooner than expected.
April 5, 2015
18:34 EDTTWX, CMCSAComcast's 'Furious 7' leads at weekend box office with $143.6M
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17:35 EDTSNESony acquiring 'important parts of OnLive'
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