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Stock Market & Financial Investment News

News Breaks
June 16, 2014
06:28 EDTSNE, FOXA, FOX'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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January 30, 2015
14:52 EDTSNESony Pictures, Warner Bros, Singtel partner to deliver OTT video to Asia
Singtel, Sony Pictures Television (SNE) and Warner Bros. Entertainment, a subsidiary of Time Warner (TWX), have established HOOQ, a joint venture start-up, to offer a regional over-the-top, or OTT, video service in Asia. HOOQ will deliver both Hollywood blockbusters and television series, as well as popular local movies and programs to customers anytime, anywhere by enabling them to stream and download their favorite shows on their device or platform of choice. HOOQ will be rolled out progressively in the Singtel Groupís Asian footprint, including Indonesia, the Philippines, India and Thailand, from Q1. The venture is designed to compete directly with Netflix (NFLX) as the company has been preparing to launch in Australia and New Zealand this year and into broader Asian market in the near future.
January 28, 2015
12:20 EDTSNESony to shut down 'Music Unlimited' service on March 29
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05:58 EDTSNESony to focus on Taiwan mid-range to high-end smartphone market, DigiTimes says
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05:58 EDTSNESharp estaimtes LCD TV shipments to reach 6M in FY14, DigiTimes reports
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January 27, 2015
13:19 EDTSNESony to cut additional 1,000 employees in smartphone business, Nikkei says
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January 23, 2015
10:07 EDTSNEHigh option volume stocks
High option volume stocks: CE TSM RYAM NOC SNE FXCM LBTYA TKMR LF STT
06:17 EDTSNESony to delay earnings report due to last year's cyberattack
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January 22, 2015
14:00 EDTFOXA21st Century Fox initiated with a Hold at Societe Generale
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06:54 EDTSNESony sees mobile success in Middle East and Africa, WSJ says
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January 21, 2015
06:36 EDTSNESony's 'The Interview' nets $40M in online and TV sales, Re/code says
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06:35 EDTSNESony planning to reduce headcount in Japan by 1,500, Variety reports
According to media reports in Japan, Variety reports that Sony is planning to reduce its headcount in various divisions in Japan by about 1,500 by the end of FY14 through early retirement programs. The process, which began last August, involved Sony's corporate planning and finance departments, but has now been expanded to include corporate headquarters staff. Reference Link
06:17 EDTFOX, FOXAOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
18:38 EDTSNESony probed Indian operations for corruption, Bloomberg reports
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07:25 EDTFOXA, FOXViacom buys 50% stake in five Indian TV channels, WSJ says
Viacom (VIA, VIAB) is completing a deal with India's Reliance Industries giving it 50% ownership of five Indian TV channels for an undisclosed sum, reports the Wall Street Journal. Competitors including Discovery Communications (DISCA), 21st Century Fox (FOX, FOXA), and AMC Networks (AMCX) are similarly looking towards foreign investment as U.S. consumers move away from traditional cable packages. PricewaterhouseCoopers predicts 16% annual growth in Indian TV revenue over the next five years. Reference Link
06:06 EDTFOXA, FOXDreamWorks planning to lay off 'substantial' number of staff, LA Times reports
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January 18, 2015
16:46 EDTFOXA, FOXWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
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