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Stock Market & Financial Investment News

News Breaks
May 19, 2014
06:53 EDTTWX, CMCSA'Godzilla' grosses $93.2M in weekend debut, Bloomberg says
"Godzilla" ranked number one at the weekend box office by earning $93.2M for Thomas Tull's Legendary Entertainment and its partner Warner Bros, a unit of Time Warner (TWX)., reported Bloomberg. Returning film, "Neighbors” made $26M to place second for Comcast's (CMCSA) Universal Pictures. Reference Link
News For TWX;CMCSA From The Last 14 Days
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August 31, 2014
14:03 EDTTWXSterne Agee to hold a conference
Media IR Day to be held in Boston on September 3.
13:50 EDTTWXNomura to hold a conference
Digital Media Conference 2014 to be held in New York on September 3-4.
August 29, 2014
15:46 EDTTWXDisney jv A&E in talks for Vice Media stake after Time Warner backs out, FT says
A&E Networks, a joint venture owned by Disney (DIS) and Hearst Corporation, is nearing a deal to pay $250M for 10% stake in Vice Media after the digital media company and Time Warner (TWX) failed to come to terms on a deal, said Financial Times. 21st Century Fox (FOXA) already owns a 5% stake in Vice. Reference Link
13:15 EDTTWXTime Warner ends talks to buy Vice Media stake, NYT says
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August 27, 2014
11:56 EDTCMCSANY Governor Cuomo orders investigation of Time Warner Cable outage
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August 26, 2014
10:51 EDTCMCSAZoom Telephonics files FCC petition opposing Charter's cable modem policies
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09:35 EDTCMCSANetflix 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 EDTCMCSADISH 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.
17:04 EDTTWXTime Warner to offer buyouts to 4% of cable unit's staff, Reuters says
Time Warner's Turner cable division is set to offer buyouts to from 500 to 600 employees or approximately 4% of its staff, says Reuters. Turner is home to cable networks such as CNN, TNT and the Cartoon Network, added Reuters. Reference Link
06:20 EDTCMCSAFCC seeks more data from Comcast regarding TWC deal, Reuters says
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August 22, 2014
05:58 EDTCMCSAComcast launches streaming TV services for college campuses, WSJ reports
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August 21, 2014
06:00 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
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