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Stock Market & Financial Investment News

News Breaks
January 15, 2014
06:33 EDTTWC, DTV, CMCSA, CMCSK, BXWeather Channel: DirecTV may never carry its programming, Business Insider says
David Kenny, the CEO of Weather Channel, says the channel's programming may never return to DirecTV, Business Insider reports. He says "DirecTV has dropped the Weather Channel. We certainly believe it could be permanent. We have a plan to continue to gain audience in the rest of the TV world. We have a strong TV business without them." DirecTV blacked out Weather Channel due to a contract dispute. Reference Link
News For TWC;DTV;CMCSA;CMCSK;BX From The Last 14 Days
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August 28, 2014
15:30 EDTBXBlackstone planning NYC tower sale for over $2B, Bloomberg says
Blackstone (BX) has hired Eastdil Secured to market 1095 Avenue of the Americas, which will soon be the headquarters of Verizon (VZ), and the NYC building may sell for about $2.25B, according to Bloomberg, citing people familiar with the matter. Reference Link
15:25 EDTBXBlackstone planning NYC tower sale for over $2B, Bloomberg says
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August 27, 2014
11:56 EDTTWC, CMCSK, CMCSANY Governor Cuomo orders investigation of Time Warner Cable outage
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08:22 EDTTWCTime Warner Cable cites 'maintenance' for outage, Re/code reports
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07:17 EDTTWCTime Warner Cable says experiencing 'widespread' technical issues
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06:40 EDTTWCTime Warner Cable customers reporting outages, Business Insider reports
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August 26, 2014
11:37 EDTTWCTime Warner Cable to pay $1.1M to resolve outage reporting violations, FCC says
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10:51 EDTCMCSA, TWCZoom Telephonics files FCC petition opposing Charter's cable modem policies
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09:35 EDTCMCSA, TWCNetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
19:00 EDTCMCSA, TWCDISH Network petitions FCC to deny Comcast, Time Warner merger
Citing irreparable harm to competition and consumers, DISH Network (DISH) petitioned the Federal Communications Commission, or FCC, to deny the merger of Comcast (CMCSA) and Time Warner Cable (TWC). The petition to deny outlines, among other things, the critical role high-speed broadband plays in the video industry and the potential for the merger to significantly damage competitive development of over-the-top video and limit consumer access to online video programming.
14:46 EDTDTVDirecTV, NFL have outline for Sunday Ticket deal, SBJ says
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11:48 EDTDTVAT&T, DirecTV agree to deal with DOJ paving way for merger, NY Post says
AT&T (T) has agreed with the Justice Department on terms paving the way for it to acquire DirecTV (DTV), though it could not be learned what, if any, conditions the department has placed on the merger, according to The New York Post, citing a source close to the process. Reference Link
06:20 EDTTWC, CMCSAFCC seeks more data from Comcast regarding TWC deal, Reuters says
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August 22, 2014
06:54 EDTBXBlackstone using loophole in European loan rules, Reuters says
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06:42 EDTBXBlackstone in discussions to back China-based fund, Bloomberg says
Blackstone (BX) is in discussions to possibly back Hong Kong-based distressed fund, Arkkan Capital Management, which was founded by the former global leader of Goldman Sachs' (GS) special situations division Jason Brown, according to Bloomberg, citing two people with knowledge of the matter. Reference Link
05:58 EDTCMCSK, CMCSAComcast launches streaming TV services for college campuses, WSJ reports
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August 20, 2014
06:13 EDTTWCNetflix signs paid peering deal with Time Warner Cable, Gigaom reports
Netflix (NFLX) has signed a direct interconnection deal with Time Warner Cable (TWC) that would provide Netflix with direct access and faster streams, reports Gigaom. Time Warner Cable confirmed that the deal happened in June and the implementation has been rolling out this month. Reference Link
August 18, 2014
09:16 EDTDTVDreamWorks Animation appoints Fazal Merchant as CFO effective September 15
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08:05 EDTTWCTime Warner Cable price target raised to $173 from $148 at UBS
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06:43 EDTBXReport says Blackstone, TPG near Kensington takeover deal, Sky News says
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