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Stock Market & Financial Investment News

News For SNE;STRZA;NFLX;DIS From The Last 14 Days
Check below for free stories on SNE;STRZA;NFLX;DIS the last two weeks.
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May 9, 2013
07:35 EDTSTRZAStarz reports Q1 EPS 47c, consensus 49c
Reports Q1 revenue $399.3M, consensus $404.48M
07:35 EDTSTRZAStarz reports Q1 subscriptions 21.6M; 56.7M combined subscriptions
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07:26 EDTSNESony, Reliance Games work on 'After Earth' mobile game, Economic Times says
In India, Reliance Games said it will work with Sony Pictures Consumer Products and Overbrook Entertainment to introduce a mobile game based on the movie 'After Earth,' reports the Economic Times. .Reference Link
06:03 EDTSNESony sees FY14 net income 50B yen vs. 43B yen a year ago
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06:01 EDTSNESony reports Q4 operating income $1.57B vs. 1.4B yen loss a year ago
Reports Q4 sales $18.44B. Sony said the sales increase was primarily due to the favorable impact of foreign exchange rates and the impact of the consolidation of Sony Mobile as a wholly-owned subsidiary for the entire Q4, partially offset by a significant decrease in LCD Television unit sales and the negative impact from the sales of the small- and medium sized display business and chemical products related business.
May 8, 2013
17:01 EDTDISOn The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69.
16:00 EDTDISOptions Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data.
12:20 EDTDISOn The Fly: Midday Wrap
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10:27 EDTNFLXHertz, Spark Networks among Tilson's new picks, Business Insider says
Hedge fund manager Whitney Tilson gave two new stock picks-- Hertz (HTZ) and Spark Networks (LOV)-- at the Value Investing Congress in Las Vegas this week and also gave an update on some of his other favorites, including AIG (AIG), Berkshire Hathaway (BRK.A) and Netflix (NFLX), reported Business Insider. Reference Link
09:37 EDTDISActive equity option families trading on open
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09:29 EDTDISDisney price target raised to $76 from $63 at Citigroup
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07:23 EDTNFLXRogers Communications to battle Netflix, Globe and Mail reports
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07:14 EDTDISDisney price target raised to $71 from $63 at RBC Capital
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06:59 EDTDISDisney price target raised to $75 from $67 at JPMorgan
JPMorgan raised its price target for Disney following the company's Q2 results and keeps an Overweight rating on the stock.
06:55 EDTDISDisney price target raised to $73 from $66 at Credit Suisse
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06:08 EDTSNEAU Optronics to produce wide color Ultra HD TV panels in Q3, DigiTimes says
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May 7, 2013
19:26 EDTDISYahoo! CEO has met with Hulu executives, AllThingsD says
Yahoo! (YHOO) CEO Marissa Mayer has met with executives at Hulu, a joint venture between Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), according to an AllThingsD report that cites sources that say Yahoo! is "in the process" but has not yet made a formal bid. Reference Link
16:54 EDTDISOn The Fly: Closing Wrap
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16:20 EDTDISDisney Q2 operating income at Cable Networks grew $224M to $1.7B
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16:19 EDTDISDisney reports Q2 Media Networks revenue $4.96B vs. $4.69B a year ago
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