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Stock Market & Financial Investment News

News Breaks
January 17, 2014
15:39 EDTSPEX, CHTRSpherix calls on Charter to enter licensing negotiations
Spherix (SPEX) announced that it is calling upon Charter Communications (CHTR) to enter into licensing negotiations regarding certain patents owned by Spherix. On January 17, Spherix was informed that Charter Communications and certain of its subsidiaries have asked a district court in Delaware to order that certain patents owned by Spherix and Rockstar Consortium be licensed to Charter or declared that Charter doesn't infringe on the intellectual property owned by Spherix and Rockstar
News For SPEX;CHTR From The Last 14 Days
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July 29, 2014
12:47 EDTCHTRCable REIT conversions possible but unlikely, says Wells Fargo
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06:27 EDTSPEXSpherix asserts multiple different patents in different technology areas
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July 28, 2014
08:24 EDTCHTRTime Warner Cable upgraded to Buy from Hold at Wunderlich
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July 22, 2014
08:25 EDTCHTRComcast reports Q2 operating cash flow up 7% to $5.8B
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July 17, 2014
10:00 EDTCHTROn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21st Century Fox (FOXA) downgraded to Buy from Strong Buy at ISI Group... Charter (CHTR) downgraded to Hold from Buy at Jefferies... Covidien (COV) downgraded to Hold from Buy at Needham... Diageo (DEO) downgraded to Underweight from Neutral at JPMorgan... GNC Holdings (GNC) downgraded to Hold from Buy at Jefferies... International Game (IGT) downgraded to Market Perform from Outperform at BMO Capital... JAVELIN Mortgage (JMI) downgraded to Market Perform from Outperform at JMP Securities... Macquarie Group (MQBKY) downgraded to Underweight from Neutral at JPMorgan... PNC Financial (PNC) downgraded to Neutral from Buy at Compass Point... PetSmart (PETM) downgraded to Sector Perform from Outperform at RBC Capital... Rexam (REXMY) downgraded to Hold from Buy at Deutsche Bank.
09:22 EDTCHTRComcast price target raised to $66 from $62 at Maxim
Maxim raised its price target for Comcast (CMCSA) shares to $66 citing synergies from the Time Warner Cable (TWC), Charter deal. The firm says it values NBC Universal on a 10 times 2015 EBITDA, which it notes is a 14% discount to Fox's (FOXA) proposed bid for Time Warner (TWX), which values Time Warner at 11.6 times. Maxim keeps a Buy rating on Comcast shares.
05:30 EDTCHTRCharter downgraded to Hold from Buy at Jefferies
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