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Stock Market & Financial Investment News

News Breaks
August 5, 2014
16:10 EDTFOXA, FOX, TWXFox withdraws proposal to acquire Time Warner
21st Century Fox (FOXA, FOX) announced that it has withdrawn its proposal to acquire Time Warner (TWX). Chairman and CEO Rupert Murdoch commented: "We viewed a combination with Time Warner as a unique opportunity to bring together two great companies, each with celebrated content and brands. Our proposal had significant strategic merit and compelling financial rationale and our approach had always been friendly. However, Time Warner management and its Board refused to engage with us to explore an offer which was highly compelling. Additionally, the reaction in our share price since our proposal was made undervalues our stock and makes the transaction unattractive to Fox shareholders. These factors, coupled with our commitment to be both disciplined in our approach to the combination and focused on delivering value for the Fox shareholders, has led us to withdraw our offer."
News For TWX;FOX;FOXA From The Last 14 Days
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June 28, 2015
15:40 EDTTWX, FOX, FOXAUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 25, 2015
15:07 EDTFOXA, FOXBrian Sullivan named president of digital, Fox Networks Group
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08:28 EDTFOXA, FOXFox News Chairman and CEO Roger Ailes signs new multi-year contract
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June 24, 2015
14:51 EDTFOX, FOXASirius XM, Fox News announce partnership on new channel
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14:46 EDTTWXHBO deal an early sign of Facebook original content plans, says Brean Capital
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13:58 EDTFOXA, FOXChernin, NBCUniversal agree on two year deal, L.A. Times reports
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12:27 EDTTWXHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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June 21, 2015
19:21 EDTFOXA, FOXFox rejects offers from Vodafone, Vivendi for Sky stake, Telegraph says
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16:21 EDTFOXA, FOX, TWXUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 17, 2015
13:28 EDTTWXHBO to make serious run at Bill Simmons, Hollywood Reporter says
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06:20 EDTFOX, TWX, FOXAHulu luring content producers from Netflix, WSJ reports
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June 16, 2015
16:12 EDTFOXA, FOX21st Century Fox names James Murdoch as CEO
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06:19 EDTTWXTime Warner price target raised to $96 from $91 at JPMorgan
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