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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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November 25, 2014
06:22 EDTTWXHBO, Tencent sign deal to distribute dramas, movies online in China, WSJ reports
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November 24, 2014
06:17 EDTFOX, FOXAJetBlue announces partnerships for Fly-Fi Hub
JetBlue (JBLU) is partnering with content providers Coursera, FOX (FOX, FOXA), HarperCollins Publishers, National Geographic, Rouxbe and Time Inc. (TIME) to offer customers more free content than any other U.S carrier in the sky. The Fly-Fi Hub is the new gateway to JetBlue's Fly-Fi offering, the fastest Wi-Fi in the sky, and went live this morning. Available to JetBlue customers via their own personal device, it will offer a wide range of entertainment options such as some of the most popular TV shows from FOX and National Geographic, ebook samples from HarperCollins, e-learning videos from Coursera and Rouxbe and the option to purchase magazines from Time Inc.'s portfolio. In the next phase of JetBlue's Fly-Fi Hub, due to roll out 1Q15, additional content from PBS, Random House and the Wall Street Journal (NWSA, NWS) will be added.
November 21, 2014
12:22 EDTTWXTurner, DISH restore channel service, extend carriage
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09:27 EDTFOXA21st Century Fox shares set to rise, says Sterne Agee
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November 20, 2014
07:42 EDTFOXA, TWXStudios looking abroad for opportunity in TV licensing, WSJ reports
For U.S. television studios, such as Time Warnerís (TWX) Warner Bros., licensing shows abroad, which was once a small side business, has become a much-needed source of growth and is increasingly needed to make shows profitable, reported The Wall Street Journal. In addition to Time Warner, CBS Corp. (CBS), Sony (SNE) and 21st Century Fox (FOXA) also see huge promise from international TV distribution, the report noted. Reference Link
November 17, 2014
06:33 EDTTWXWarner Bros. wins 'Hobbit' royalties fight against Weinsteins, WSJ reports
Time Warner's Warner Bros. has prevailed over the Weinstein brothers in a $75M-plus lawsuit over the royalties for the second and third "Hobbit" films, the Wall Street Journal reports, citing people with knowledge of the situation. Reference Link
November 13, 2014
06:17 EDTFOXASony unveils PlayStation Vue, a cloud-based TV service
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