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Stock Market & Financial Investment News

News Breaks
October 25, 2012
05:05 EDTCOX, DTV, TWCTime Warner Cable Sports: statement regarding its regional sports networks
Time Warner Cable Sports commented: "With the Los Angeles Lakers, LA Galaxy and Los Angeles Sparks, two networks and unprecedented behind-the-scenes programming, Time Warner Cable SportsNet and Time Warner Cable Deportes are delivering tremendous value for Southern California sports fans. Any assertion that we are the highest priced regional sports outlet in the country is simply untrue; as a significant buyer of regional sports across the country, we know that there are higher priced regional sports networks, including Root Sports that we buy from DirecTV (DTV). Cox (COX) and DirecTV know that there is no regional sports network anywhere in the country that is offered on an optional tier -- that would be unprecedented. If Cox or DirecTV choose not to carry our networks, we and their customers will be very disappointed but we are confident there will be other alternatives for their customers to see this highly-anticipated Lakers season."
News For TWC;DTV;COX From The Last 14 Days
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May 17, 2013
15:51 EDTDTVDirecTV 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 EDTDTVDirecTV considering acquisition of Hulu, Dow Jones reports
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May 16, 2013
16:08 EDTDTVUniTek Global provides update on master services agreement with DirecTV
UniTek Global (UNTK) announced that its subsidiary, DirectSat USA, has received a letter from DirecTV (DTV) providing 180-day notice of the termination of its master services agreement with DirectSat, effective November 8, 2013. Shortly following receipt of the notice, DirectSat entered into an agreement with DirecTV providing that the 180-day notice of termination will be automatically withdrawn upon the company's refinancing, by July 31, of its debt on terms that satisfy certain financial requirements, the continued work on completion of its financial statements and the satisfaction of other conditions. DirecTV has informed the company that it intends to continue working with the company as UniTek addresses the issues it currently faces related to the previously disclosed accounting matters.
06:33 EDTTWCTime Warner Cable talking about joint bid for Hulu, NY Post reports
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06:01 EDTDTVDirecTV shares can rise above $90 in next two years, says Citigroup
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May 15, 2013
19:59 EDTTWCPay-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
16:55 EDTDTVBerkshire Hathaway gives quarterly update on stakes
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16:40 EDTDTVBerkshire Hathaway reports 5.8% passive stake in DirecTV
May 14, 2013
10:32 EDTDTVDirecTV management to meet with JPMorgan
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May 13, 2013
10:31 EDTTWCTime Warner Cable management to meet with Needham
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May 9, 2013
10:30 EDTTWCBill would pressure cable companies on a la carte channels, The Hill says
Republican Senator John McCain is writing a bill that would push cable TV and satellite companies to offer a la carte channel options to their customers, according to The Hill, which cited statements by the senator's office. McCain's bill would rpessure cable and satellite companies to enable consumers to choose which individual channels they want, the website explained. Reference Link
05:52 EDTDTVDirecTV price target raised to $70 from $60 at Jefferies
Jefferies raised its price target for DirecTV citing the company's solid Q1 results and maintains a Buy rating on the stock.
May 8, 2013
08:30 EDTDTVDirecTV price target raised to $70 from $65 at Stifel
Stifel increased its price target on DirecTV after the company reported higher than expected revenue and EBITDA margins. The firm thinks the company's results were solid, and it raised its FY13 ARPU estimate for the company. Stifel keeps a Buy rating on the stock.
06:10 EDTDTVDirecTV in no rush to renew contract with NFL, NY Post reports
DirecTV head Mike White called the company’s NFL Sunday Ticket package "pretty mature" and seems in no hurry to renew its contract with the NFL, New York Post reports. Reference Link
May 7, 2013
12:58 EDTDTVOn The Fly: Midday Wrap
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07:33 EDTDTVDirecTV says continues to return cash to shareholders through repurchases
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07:32 EDTDTVDirecTV reports Q1 adjusted EPS $1.43, consensus $1.08
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May 6, 2013
15:35 EDTDTVNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Emerson Electric (EMR), consensus 78c; EOG Resources (EOG), consensus $1.17; DIRECTV (DTV), consensus $1.08; Health Care REIT (HCN), consensus 91c; FirstEnergy (FE), consensus 68c; Perrigo (PRGO), consensus $1.44; Charter Communications (CHTR), consensus (61c); HollyFrontier (HFC), consensus $1.73; Oaktree Capital Group (OAK), consensus $1.53; NRG Energy (NRG), consensus (28c).
07:21 EDTDTVCBS in talks to atke full ownership of TVGuide.com, Deadline Hollywood says
According to Deadline Hollywood, CBS Corp (CBS) is in the process of taking full ownership of TVGuide.com just a month after buying 50% of TV Guide, which encompasses TVGN and TVGuide.com. The publication says CBS is in talks with Lionsgate (LGF) about buying its half of TVGuide.com, which has been valued at about $20M. DirecTV (DTV) had reportedly been in talks to acquire TVGuide.com, but talks did not amount to a deal. Reference Link

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