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Stock Market & Financial Investment News

News Breaks
July 25, 2014
06:59 EDTFOXA, FOX, TWXTime Warner challenges Murdoch to make offer he can't afford, Bloomberg says
Time Warner's (TWX) board of directors is challenging 21st Century Fox (FOX, FOXA) CEO Rupert Murdoch to propose a bid for the firm that he can't pay by saying its own growth strategy is "superior" to any offers that Fox is in a position to make, according to Bloomberg, citing people familiar with the matter. The sources said that Time Warner's language is purposeful since it feels Murdoch would not be in a position to finance an agreement that exceeded $100 per share. Reference Link
News For TWX;FOX;FOXA From The Last 14 Days
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December 17, 2014
09:40 EDTFOXA21st Century Fox, Apollo Global complete joint venture transaction
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07:48 EDTFOXA, FOX21st Century Fox reaches preliminary agreement to acquire true[X] media
21st Century Fox announced it has reached a preliminary agreement to acquire true[X] media, a leading video advertising company that specializes in consumer engagement and on-demand marketing campaigns. Closing of the transaction is subject to the completion of a definitive agreement and other customary closing conditions. Financial terms were not disclosed. As part of the acquisition, true[X] will work closely with Fox Networks Group to drive engagement between brands and consumers on Fox’s proprietary digital platforms.
December 16, 2014
08:29 EDTTWXComcast to launch online live stream of NBC, WSJ reports
Comcast's (CMCSA) NBC is launching a live stream of its broadcast network online today and plans for it to be available on mobile platforms early next year, but NBC does not plan to sell a separate online version without requiring a pay-TV subscription, unlike peers CBS (CBS) and Time Warner’s (TWX) HBO, said The Wall Street Journal. Reference Link
06:36 EDTTWXAmazon says HBO GO now available on Fire TV
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December 14, 2014
17:21 EDTFOXNasdaq announces annual re-ranking of the NASDAQ-100
The NASDAQ OMX Group (NDAQ) announced the results of the annual re-ranking of the NASDAQ-100 (NDX), which will become effective prior to market open on Monday, December 22. The following three companies will be added to the Index: American Airlines Group (AAL), Electronic Arts (EA) and Lam Research (LRCX). As a result of the revision in the index methodology allowing multiple share classes of index participants to be included in the index, the following three securities will also be added to the index: Comcast Corporation Class A Special (CMCSK), Twenty-First Century Fox Class B (FOX) and Liberty Global plc Class C (LBTYK). As a result of the re-ranking, the following three companies will be removed from the Index: Expedia (EXPE), F5 Networks (FFIV) and Maxim Integrated Products (MXIM).
December 12, 2014
06:17 EDTTWXTime Warner CEO talks potential mergers in media space, NY Post reports
Time Warner CEO Jeff Bewkes discussed the potential of a merger with CBS (CBS) and Viacom (VIA) at yesterday's DealBook conference, New York Post reports. Bewkes said, "They may want to be a merger partner for somebody or maybe even for themselves."Reference Link
December 11, 2014
07:49 EDTTWXThe New York Times to hold a conference
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06:24 EDTFOXA, FOXDISH plans to leave broadcast channels out of basic online TV package, WSJ says
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December 10, 2014
06:03 EDTTWXHBO plans to launch web-only service in April, Fortune reports
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05:59 EDTTWXHBO CTO Berkes to exit cable network, Variety reports
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December 9, 2014
15:03 EDTTWX, FOXADiscovery Communications rises after CEO sees outperforming U.S. peers
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13:53 EDTTWXTime Warner CEO: Bundle will continue to be dominant
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11:11 EDTFOX, FOXADiscovery, Hulu announce new distribution agreement
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08:55 EDTFOX, FOXA21st Century Fox co-COO says company has 'clear' succession plan
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08:54 EDTFOXA, FOX21st Century Fox co-COO says on track for FY15, FY16 guidance
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07:32 EDTFOX, TWXUBS to hold a conference
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06:48 EDTFOXA, TWXAnalysts say Netflix undermining TV ad revenue, NY Times reports
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December 8, 2014
10:00 EDTTWX, FOXAOn The Fly: Analyst Initiation Summary
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December 5, 2014
16:55 EDTTWXTime Warner initiated with a Buy at UBS
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16:54 EDTFOXA21st Century Fox initiated with a Buy at UBS
Target $46.
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