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Stock Market & Financial Investment News

News For CVC;VZ;POM;HMC;XEL;TWC;ED;NSR;T;CTL;S;CMCSA;AWK;SE From The Last 14 Days
Check below for free stories on CVC;VZ;POM;HMC;XEL;TWC;ED;NSR;T;CTL;S;CMCSA;AWK;SE the last two weeks.
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July 18, 2014
12:21 EDTCMCSACable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
11:04 EDTCMCSAComcast, ESPN reach agreement on carriage of SEC Network, Reuters says
09:18 EDTSSoftbank hire of Arora from Google 'interesting,' says Wells Fargo
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08:38 EDTVZVerizon added to Triple Play list at Oppenheimer
Oppenheimer added Verizon (VZ) to its Triple Play list. The firm says its triple play stocks are rated Outperform, screen positively based on trends in earnings revisions and have an attractive technical profile. The firm removed Riverbed (RVBD) from the list after it downgraded that stock.
08:21 EDTCMCSATime Warner merger could change Warner Bros. spot in tv landscape, WSJ says
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07:08 EDTSSoftbank, T-Mobile final agreement could come after late August, Kyodo News says
According to Kyodo News, Softbank's (SFTBF) buyout talks with T-Mobile (TMUS) won't be settled until after late August. Deutsche Telecom (DTEGY) is "reluctant" to accept Softbank's business plan and is seeking a new plan, industry sources say. Reference Link
05:57 EDTVZLevel 3 says Verizon 'deliberately' causing Netflix congestion
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July 17, 2014
14:52 EDTCMCSAYahoo Sports, NBC Sports announce expanded fantasy football coverage
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11:01 EDTVZVerizon Wireless, ControlTec announce partnership
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09:22 EDTCMCSA, TWCComcast 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.
09:06 EDTTAT&T and town of Carrboro sign agreement for 1 Gigabit network
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July 16, 2014
14:03 EDTT, TWC, CMCSA, VZNetflix submits FCC comments on proposed Net Neutrality rules
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13:05 EDTCMCSA, T, VZVerizon, Comcast, AT&T viwed as 'logical' Time Warner bidders, Bloomberg says
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12:42 EDTT, VZ, CMCSATime Warner said to see Verizon,Comcast, AT&T as logical bidders, Bloomberg says
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09:29 EDTHMCHonda India unit issues recall for 1,338 vehicles, Reuters says
Honda's India division issued a recall for 1,338 vehicles in the country to implement a preventive replacement of the passenger side air bag inflator, according to Reuters, citing an emailed statement from the automobile manufacturer. Reference Link
07:43 EDTCMCSA, TSenate Commerce, Science & Transportation Committee holds a hearing
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07:40 EDTTWC, CMCSAComcast to see better than expected accretion from TWC deal, says Brean Capital
Brean Capital raised its price target on Comcast (CMCSA) to $65 from $60 to reflect the potential for significant value creation and better than expected accretion from its acquisition of Time Warner Cable (TWC) including multi-billion opportunities leveraging both companies. The firm, which keeps Buy ratings on both stocks, also raised its price target on Time Warner Cable to $186 from $165.
07:23 EDTAWKRedChip Companies to hold a virtual conference
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06:35 EDTHMCAcura aims for boost from new TLX vehicle in U.S., Bloomberg says
Honda’s U.S. senior vice president who leads the Acura brand, Mike Accavitti, said the brand has scrambled to raise U.S. deliveries amid competition from larger luxury vehicles and expects it to experience quicker growth starting in August with the arrival of the new mid-size TLX, according to Bloomberg, citing comments from Accavitti. Reference Link
05:58 EDTCMCSACBS CEO says 'willing to talk' to Aereo, VentureBeat reports
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