New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 18, 2012
19:30 EDTCMCSA, TAT&T gets FCC approval to purchase Comcast wireless licenses
Reference Link
News For T;CMCSA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>
April 24, 2015
08:35 EDTCMCSATime Warner Cable says company, Comcast 'mutually agreed' to terminate merger
Subscribe for More Information
08:34 EDTCMCSAComcast CEO Roberts says 'excited for what's next'
Subscribe for More Information
08:34 EDTCMCSAComcast: Merger with Time Warner Cable, deal with Charter terminated
08:33 EDTCMCSAComcast says 'structured deal so if government didn't agree, we could walk away'
Subscribe for More Information
08:33 EDTCMCSAComcast says Time Warner Cable transaction has been terminated
Subscribe for More Information
08:32 EDTCMCSAComcast says Time Warner Cable transaction has been terminated
07:18 EDTCMCSACharter could buy Time Warner Cable, says RBC Capital
Subscribe for More Information
06:50 EDTCMCSADisney, Fox refuse to run FiOS commercials, NY Times says
Disney (DIS) and 21st Century Fox (FOXA) are refusing to run commercials for Verizon (VZ) FiOS' slimmed down, a la carte package on a number of their stations, according to The New York Times. Disney, Fox and Comcast (CMCSA) have objected to FiOS' new offering, the news service stated. Reference Link
06:21 EDTTAT&T upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded AT&T (T) to Outperform and increased its price target to $37 from $33 following the Q1 report. The firm does not foresee any regulatory issues with the DirecTV (DTV) merger and recommends investors buy AT&T for increasing 2016 and beyond estimates, improving dividend coverage, free-cash-flow growth, and a potential $20B in assets that can be sold to deleverage, among other reasons.
06:08 EDTCMCSAComcast faced intense scrutiny from FCC, DOJ in Time Warner Cable deal, WSJ says
Subscribe for More Information
06:04 EDTCMCSACharter's deal to buy Bright House 'off the table,' NY Post reports
Subscribe for More Information
April 23, 2015
19:28 EDTCMCSAComcast to make statement about merger withdrawal Friday, Financial Times says
Subscribe for More Information
16:49 EDTCMCSAOn The Fly: Top stock stories for Thursday
Subscribe for More Information
15:41 EDTCMCSAFaber says Comcast to drop deal for Time Warner Cable, CNBC reports
CNBC's David Faber is confirming a similar report from Bloomberg earlier that said Comcast (CMCSA) plans to drop its plans to buy Time Warner Cable (TWC).
15:12 EDTCMCSAComcast plans to give up on Time Warner Cable deal, Bloomberg reports
Comcast (CMCSA) plans to scrap its proposed acquisition of Time Warner Cable (TWC) amid indications that the deal is unlikely to be approved by regulators, reported Bloomberg, citing people with knowledge of the matter. An announcement regarding the deal may come as soon as tomorrow, one of the people reportedly told Bloomberg. In afternoon trading, Comcast shares are up 2.4% to $60.15, Time Warner Cable shares are up 0.6% and shares of Charter (CHTR), which has expressed interest in buying TWC if the deal gets scrapped, are up 0.4% to $185.65. Reference Link
15:02 EDTCMCSAComcast said to plan final decision today on TWC deal, Blooomberg says
15:01 EDTCMCSATime Warner Cable down 1% after Bloomberg says Comcast plans to drop deal
14:59 EDTCMCSAComcast said to plan to give up on Time Warner Cable deal, Bloomberg says
Subscribe for More Information
13:01 EDTCMCSAOn The Fly: Top stock stories at midday
Stocks on Wall Street were higher at midday amid another deluge of earnings reports. Stocks began the session in negative territory and have remained there through the morning before crossing into positive ground right near noon. The averages gapped up after making it back to the green, putting the Nasdaq back above the all-time closing record it achieved in 2000. A question for the afternoon will be whether the average can hold on to set a new all-time closing high fifteen years later. ECONOMIC EVENTS: In the U.S., initial jobless claims inched up 1K to 295K in the week ended April 18, versus the expected 287K first-time claims. Markit's flash manufacturing PMI fell 1.5 points to 54.2 in April, versus expectations for it to hold steady at 55.7. New home sales dropped 11.4% to a 481K rate in March, versus expectations for a less severe 4.5% drop to a 515K rate. COMPANY NEWS: Shares of Time Warner Cable (TWC) slid about 1% after The Wall Street Journal reported that the FCC's staff recommended a course of action that could derail the company's merger with Comcast (CMCSA). However, research firm Jefferies remained upbeat on Time Warner Cable shares, upgrading the stock this morning and saying that Charter (CHTR) would probably buy the company if the government nixes the Comcast deal... Among members of the Dow that issued earnings reports this morning, Caterpillar (CAT) slid fractionally while 3M (MMM) and Procter & Gamble (PG) each fell about 2%. MAJOR MOVERS: Among the notable gainers was ARRIS (ARRS), which jumped 21% after the company agreed to acquire its competitor Pace for aggregate stock and cash consideration of $2.1B. Also higher following their earnings reports were Skechers (SKX), which rose nearly 13%, and Dunkin' Brands (DNKN), which gained 8.5%. Among the noteworthy losers was MobileIron (MOBL), which plunged 22% after the company warned of a Q1 revenue miss and announced the resignation of its CFO. Also lower following their earnings reports were Texas Instruments (TXN), which fell 7%, and General Motors (GM), which declined nearly 4%. INDEXES: Near midday, the Dow was up 81.31, or 0.45%, to 18,119.58, the Nasdaq was up 22.69, or 0.45%, to 5,057.86, and the S&P 500 was up 10.32, or 0.49%, to 2,118.28.
11:19 EDTTAT&T eyes benchmark bond offering to back DirecTV merger, Forbes reports
AT&T (T) is shopping a benchmark offering of SEC-registered senior notes across as many as six tranches to back its planned merger with DirecTV (DTV), reports Forbes. The company is eyeing the placement of June-dated five-year notes in fixed- and/or floating-rate formats. Reference Link
<< 1 | 2 | 3 | 4 | 5 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use