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Stock Market & Financial Investment News

News Breaks
March 22, 2013
07:28 EDTTWC, CVC, VIAB, CMCSA, VZ, DISPay TV providers have to keep paying, WSJ reports
Several major pay-TV providers have publicly protested programming costs that are rising faster than the companies can raise their own prices. But as long as their content is considered must-have, distributors have little choice but to pay what networks ask, reports the Wall Street Journal's "Heard on the Street." Maybe the only things change is if enough customers decide they simply can't afford to pay for TV anymore. Reference Link
News For TWC;CVC;VIAB;CMCSA;VZ;DIS From The Last 14 Days
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May 17, 2013
16:47 EDTVZFitch affirms Verizon's IDR at 'A', outlook stable
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15:51 EDTDIS, CMCSADirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTCMCSA, DISDirecTV considering acquisition of Hulu, Dow Jones reports
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15:12 EDTVZFocus on Verizon Wireless stake ahead of Vodafone earnings, Reuters says
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06:50 EDTVZVerizon initiated with an Overweight at Barclays
Target $59.
06:23 EDTDISDisney downgraded to Neutral from Overweight at Atlantic Equities
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May 16, 2013
13:46 EDTDISDisney's ESPN acquires rights to tennis' U.S. Open beginning 2015
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09:24 EDTCMCSAAmazon.com expands content licensing agreement with NBCUniversal
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06:33 EDTTWCTime Warner Cable talking about joint bid for Hulu, NY Post reports
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05:51 EDTCMCSANBCUniversal says winter Olympic Games ad sales strong, WSJ reports
Comcast's (CMCSA) NBCUniversal unit is projecting advertising sales over $800M for the Olympic Games next year in Russia, which would be a record for the Winter Games, despite the decision by Anheuser-Busch InBev (BUD) and Hilton Worldwide not to advertise on the event in Sochi, reports the Wall Street Journal. The company said it has sold 75%-80% of its TV inventory.Reference Link
May 15, 2013
19:59 EDTCMCSA, TWC, DISPay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link
11:48 EDTCMCSAAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:24 EDTCMCSADavid Tepper's Appaloosa reports new stake in Comcast
10:49 EDTCMCSA, DISSenator questions TV broadcasters' free spectrum rights, The Hill says
Democratic Senator Mark Warner questioned whether broadcast stations that pull their programming off the air should be able to keep using spectrum for free, The Hill reported yesterday. A number of TV networks have threatened to broadcast only on cable and satellite in response to the launch of Aereo. The latter service uses stations' over the air signals to send programming to consumers' Internet devices. Reference Link
05:59 EDTDISCorporate boards recruit newcomers with digital knowledge, WSJ reports
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May 14, 2013
17:48 EDTDISLone Pine gives quarterly update on stakes
NEW STAKES: Valeant Pharmaceuticals (VRX), Virgin Media (VMED), Thermo Fisher Scientific (TMO), CME Group (CME), and Liberty Media (LMCA). INCREASED STAKES: Mead Johnson Nutrition (MJN), News Corp (NWSA), Intuitive Surgical (ISRG), Monsanto (MON), and Qualcomm (QCOM). DECREASED STAKES: Cognizant Technology Solutions (CTSH), Equinix (EQIX), Ralph Lauren (RL), Disney (DIS), and Oceaneering International (OII). LIQUIDATED STAKES: Facebook (FB), Crown Castle (CCI), Accretive Health (AH), Informatica (INFA), and NetEase (NTES).
11:54 EDTVZVerizon CFO says 'very comfortable' with cash position, ability to pay dividend
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11:49 EDTVZVerizon CFO declines to comment on potential to purchase Vodafone JV stake
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10:01 EDTVIABOn The Fly: Analyst Initiation Summary
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08:06 EDTCMCSACinedigm enters multi-year agreement with Universal Studios Home Entertainment
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