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Stock Market & Financial Investment News

News Breaks
June 16, 2014
06:28 EDTFOXA, FOX, SNE'22 Jump Street' and 'How to Train Your Dragon 2' open strong, WSJ says
Sony's (SNE) "22 Jump Street" and 21st Century Fox's (FOX;FOXA) "How To Train Your Dragon 2" led the box office in their opening weekends, accumulating $60M and $50M, respectively, reports the Wall Street Journal. Both opening weekend numbers were higher than their predecessors. Reference Link
News For SNE;FOX;FOXA From The Last 14 Days
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May 28, 2015
10:02 EDTFOXSandvine: Netflix accounts for 36.5% of peak Internet traffic, Variety reports
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07:23 EDTFOXA, FOXBig four networks aim to own more of their programs, WSJ reports
The percentage of shows that the big four television networks own or have a stake in has risen in recent years as owning shows has become a priority due to lucrative rerun and cross platform rights, said The Wall Street Journal. Walt Disney’s (DIS) ABC will own or have a stake in almost 70% of its coming schedule, compared with 48% in 2010, while Fox (FOXA), CBS (CBS) and Comcast’s (CMCSA) NBC will also own or have stakes in the majority of their lineups' shows, the report noted. Reference Link
May 27, 2015
08:39 EDTSNESony purchases Optical Archive, WSJ reports
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07:10 EDTSNESony mobile unit to 'tweak' pricing, cut costs due to dollar rise, Reuters says
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May 26, 2015
15:31 EDTSNEMicrosoft expands OEM partners, Sony tablet to include pre-installed Office apps
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May 25, 2015
12:50 EDTFOX, FOXADisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 24, 2015
16:11 EDTSNESony to hold a meeting
Sony IR Day 2015--Electronics is being held in Tokyo, Japan on May 27 at 1 am. Webcast Link
May 21, 2015
06:42 EDTSNESony establishes UK studio to work on Morpheus games, GameSpot reports
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May 19, 2015
06:29 EDTFOX21st Century Fox expects to continue investing in TV, Deadline reports
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May 18, 2015
17:26 EDTFOXA, FOXValueAct reports 5.5% stake in 21st Century Fox Class B shares
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07:27 EDTFOXAJPMorgan to hold a conference
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May 15, 2015
11:08 EDTFOXAOmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).
May 14, 2015
09:09 EDTFOXSTAR India says media sector in India poised for accelerated growth
As India is also on track to beat China to become the fastest growth economy in FY15, the company expects media sector poised for accelerated growth in the next 5 years in India. Cites a narrowing trade deficit and inflation at a 5-year low. TV growth is also expected to outpace industry in the next six years. In distribution, Star India 80M households is expected to be added in the next two years. Says India's ad market has head room for high growth. STAR India is owned by 21st Century Fox. Comments made by STAR India CEO Uday Shankar at the MoffettNhathanson Media & Communications Summit.

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