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Stock Market & Financial Investment News

News Breaks
March 5, 2014
13:55 EDTCMCSK, CHTR, CMCSA, TWCTime Warner Cable sees Q1 revenue growth the low point of year
Time Warner Cable (TWC) says "full steam" ahead on all initiatives presented at end of year. Says will continue to pay dividend. Says "questioned" why Charter (CHTR) was trading at a premium from a multiple standpoint to the industry. Says in terms of the Comcast (CMCSA) deal, TWC had looked at synergy analyses at all the deals. Says "very comfortable" with the synergy number. Says "bullish" on growth of Business Services unit. Says will continue to invest in the salesforce. Says originally thought programming costs per basic sub would grow low-double digit, but says it continues to be a tough environment on the distributor side. Says its an area where the company continues to see cost pressures. Comments made by CFO Artie Minson during the Morgan Stanley Technology, Media and Telecom conference.
News For TWC;CMCSA;CMCSK;CHTR From The Last 14 Days
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June 28, 2015
15:40 EDTCMCSK, CMCSAUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 26, 2015
16:00 EDTTWCOptions Update; June 26, 2015
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June 25, 2015
19:58 EDTTWC, CHTRCharter will not block, throttle net traffic
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12:52 EDTTWC, CHTRCharter to 'go further' than net neutrality rules in TWC merger, Variety reports
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June 24, 2015
19:53 EDTCMCSK, CMCSAComcast to offer EA games over cable box, DSLReports says
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13:58 EDTCMCSK, CMCSAChernin, NBCUniversal agree on two year deal, L.A. Times reports
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08:25 EDTCMCSANetflix on pace to have larger audience than all networks, FBR says
FBR Capital analyst Barton Crockett says that while Netflix (NFLX) is not rated by Nielsen (NLSN), the 10B hours streamed in Q1 reported by the company are equivalent to having a 24-hour rating of 2.6, on par with Disney's (DIS) ABC and Comcast's (CMCSA) NBC. And while ratings at broadcasters are falling on average, Netflix is growing its ratings at a 40%-plus compound annual rate, Crockett tells investors this morning in a research note. At this pace, Netflix in a year will have a larger 24-hour audience than all broadcast networks, he contends. Regarding last night's 7-for-1 stock split announcement, Crockett says the move reflects management's confidence in the "durability of the recent stock surge." For perspective, three years ago Netflix shares were around $60. This morning they are trading up $18.69 to $699.88 in the pre-market. Crockett has an Outperform rating on the streaming service with a $900 price target.
June 23, 2015
13:09 EDTCMCSAHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
10:00 EDTTWCOn The Fly: Analyst Downgrade Summary
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08:39 EDTTWCTime Warner Cable downgraded to Sector Perform from Outperform at Scotiabank
June 22, 2015
15:04 EDTCMCSK, CMCSAT-Mobile could abandon DISH for Comcast, Forbes contributor says
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06:59 EDTCMCSAComcast, NBCUniversal using cross-promotional strategy, NY Times says
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June 21, 2015
17:57 EDTCMCSK, CMCSARealD says 3D screens accounted for 47% of weekend 'Jurassic World' gross
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16:21 EDTCMCSA, CMCSKUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
11:52 EDTTWC, CMCSATime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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10:37 EDTCMCSK, CMCSAComcast announces death of founder and Chairman Emeritus Ralph Roberts
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June 18, 2015
17:04 EDTCMCSAComcast files to sell 2.66M shares of Class A common stock for holders
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16:32 EDTCHTRCharter issues statement applauding FCC's adoption of Lifeline program
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13:31 EDTCMCSANBC names Holt anchor of Nightly News, Williams apologizes
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06:16 EDTCMCSK, CMCSALester Holt expected to be named permanent 'Nightly News' anchor, WSJ reports
Brian Williams will stay with NBC in an undisclosed role and Comcast is expected to make Lester Holt permanent anchor of "Nightly News," a source tells The Wall Street Journal. Williams was taken off the air earlier this year following allegations he exaggerated a story from his days covering the war in Iraq in 2003. Reference Link
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