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Stock Market & Financial Investment News

News Breaks
July 17, 2014
07:20 EDTTWX, FOX, FOXAFox would need to boost offer to pique Time Warner interest, WSJ reports
According to a source, 21st Century Fox (FOXA) would need to offer over $100 per share with a greater mix of cash versus stock in order to gain Time Warner’s (TWX) interest, the Wall Street Journal reports. Reference Link
News For TWX;FOX;FOXA From The Last 14 Days
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September 2, 2014
07:47 EDTFOXA21st Century Fox risk/reward positive, says Bernstein
Bernstein believes that 21st Century Fox's stock can climb 30% if the company meets its EBITDA target of $8.1B. If the company misses the target by $300M, the stock may only drop 3%, estimated the firm, which keeps a $46 price target and Outperform rating on the shares.
06:34 EDTTWXA+E Networks could buy 10% of Vice Media for $250M, WSJ reports
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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 EDTTWX, FOXANomura to hold a conference
Digital Media Conference 2014 to be held in New York on September 3-4.
August 29, 2014
15:46 EDTFOXA, TWXDisney 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 EDTFOXA, TWXTime Warner ends talks to buy Vice Media stake, NYT says
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August 26, 2014
09:35 EDTFOXANetflix 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
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
14:51 EDTFOX, FOXAGray Television renews all Fox affiliation agreements
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August 21, 2014
06:00 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
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