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Stock Market & Financial Investment News

News Breaks
April 21, 2014
05:32 EDTTWC, CMCSATime Warner Cable upgraded to Buy from Hold at Brean Capital
Brean Capital upgraded Time Warner Cable (TWC) to Buy citing the recent underperformance of shares as it belief the Comcast (CMCSA) takeover will get done with a "minimum amount of fuss." Brean has a $165 price target for the stock. It lowered its price target for Comcast shares to $60 from $63 but reiterates a Buy rating on the name.
News For TWC;CMCSA From The Last 14 Days
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April 17, 2015
14:09 EDTTWC, CMCSATime Warner Cable options active on report says DOJ leaning toward lawsuit
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14:06 EDTTWC, CMCSADOJ lawyers leaning toward suit to block Comcast-TWC deal, Bloomberg says
Lawyers at the Justice Departmentís antitrust division are leaning toward making a recommendation to file suit to block Comcastís (CMCSA) proposed purchase of Time Warner Cable (TWC), according to Bloomberg, citing people familiar with the matter. Staff attorneys could submit their review to Renata Hesse, a deputy assistant attorney general for antitrust, as soon as next week, the report added. John Malone, the chairman of Liberty Media (LMCA), has previously said that Charter Communications (CHTR) would look to buy Time Warner Cable if its deal with Comcast falls through. Shares of Comcast are down 2.6% to $58.11 in afternoon trading after Bloomberg's report, while Time Warner Cable shares are down 5.6% to $149.30. Reference Link
14:00 EDTCMCSA, TWCTime Warner Cable drops 5.5% after Bloomberg says DOJ leaning toward lawsuit
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13:57 EDTTWC, CMCSADOJ close to recommending suit to block Comcast-TWC deal, Bloomberg says
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06:17 EDTCMCSAVerizon to offer monthly custom TV plans, Reuters reports
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April 15, 2015
18:36 EDTTWC, CMCSANetflix CEO says company looking for FCC to block Comcast/Time Warner deal
Netflix (NFLX) CEO Reed Hastings reiterated that the FCC should block the Comcast (CMCSA) and Time Warner Cable (TWC) merger. Comment provided during Q1 earnings interview.
10:36 EDTTWCBofA/Merrill U.S. credit analysts hold an analyst/industry conference call
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09:47 EDTCMCSAComcast price target raised to $84 from $70 at BofA/Merrill
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April 14, 2015
05:51 EDTCMCSANBCUniversal teams with Germany, France broadcasters to create shows, WSJ says
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April 13, 2015
08:56 EDTTWC, CMCSACPUC Commissioner asking for Comcast deal to be rejected, CT Financial News says
California Public Utilities Commissioner Mike Florio filed an alternate proposed decision on the planned merger of Comcast (CMCSA) and Time Warner Cable (TWC) that, in effect, asks the other four commissioners to reject a preliminary approval of the merger issued by a CPUC administrative law that included 25 conditions that Comcast must agree to in order to secure the pact, said CT Financial News. Reference Link
07:22 EDTTWC, CMCSAWave of media M&A may be on the way, WSJ says
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April 12, 2015
15:58 EDTCMCSAComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
April 9, 2015
07:44 EDTCMCSAComcast risks overblown, shares offer attractive upside, says Jefferies
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April 7, 2015
14:41 EDTCMCSASTX Entertainment, Universal Pictures Home Entertainment in partnership
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09:03 EDTCMCSAEA, Illumination Entertainment, Universal Partnerships announce collaboration
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08:07 EDTCMCSAComcast expands fiber network throughout Denver metro area
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April 6, 2015
14:04 EDTCMCSAIMAX says Universal's Furious 7 grosses $20.8M in IMAX theatres
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10:01 EDTCMCSAWeather Channel's core buiness facing 'major' threat, WSJ reports
The Weather Channel, which is owned by a consortium made up of NBCUniversal (CMCSA) and private equity firms Bain Capital and The Blackstone Group (BX), was dropped last month from Verizon's (VZ) FiOS TV service, and now the channel's backers are preparing for the possibility of being dropped by Dish Network (DISH), sources tell The Wall Street Journal. Though The Weather Channel is facing a "major" threat to its core business, the fees it collects from the pay-TV providers, the sources say that no formal sale by the company's owners is under way. Reference Link
09:31 EDTCMCSAComcast Business to expand Ethernet in East Bay with $2M fiber extension
Comcast Business announced an expansion of its multi-gigabit Ethernet service to three business parks in the Northern California towns of Pleasanton, Hayward and Fremont. The high-speed fiber-based network build outs together total close to $2M in investment by Comcast in the East Bay, making available reliable Internet speeds to the more than 1,500 businesses in the community by offering reliable Internet speeds up to 20 times faster than traditional 1.5 Mbps DSL or T-1 service.
April 5, 2015
18:34 EDTCMCSAComcast's 'Furious 7' leads at weekend box office with $143.6M
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