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Stock Market & Financial Investment News

News Breaks
July 16, 2014
07:30 EDTTWX, FOXA, CBS, DISTime Warner turned down $80B offer from 21st Century Fox, NYT says
Rupert Murdoch's Twenty-First Century Fox (FOXA) formally offered to acquire Time Warner (TWX) for $80B, or $85 in stock and cash, though the takeover offer was turned down, according to The New York Times DealBook's Andrew Ross Sorkin, citing people briefed on the matter. Sorkin also broke the news concurrently live earlier this morning on CNBC. The report notes that Fox indicated that it would sell CNN as part of the proposal, adding that CBS (CBS) and Disney's (DIS) ABC have long been seen as interested suitors for the news channel. Reference Link
News For TWX;FOXA;CBS;DIS From The Last 14 Days
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September 15, 2014
07:29 EDTTWX, DISSony's 'No Good Deed' tops weekend box office, WSJ reports
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September 12, 2014
14:50 EDTDISDisney confirms plans for 'Frozen' attraction at Disney World
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11:13 EDTFOXALiberty Global says no 'big' transactions on horizon
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06:56 EDTFOXAEU approves BSkyB $9B pay-TV agreements in Germany, Italy, Reuters says
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September 11, 2014
11:10 EDTTWX, FOXAFox COO Carey says company has 'moved on' from Time Warner, THR reports
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06:17 EDTFOXA, TWXTime Warner not planning HBO IPO, comments on Fox, NY Post reports
Time Warner (TWX) CEO Jeff Bewkes told the Goldman Sachs Communacopia conference that the company is not planning an IPO or tracking stock for HBO, the New York Post reports. Bewkes also commented that the company took 21st Century Fox's (FOXA) takeover offer "very seriously," but it was determined that the integration process would be such a "large undertaking" that shareholders of both companies "would be exposed to incredible and unnecessary risks." Reference Link
September 10, 2014
15:24 EDTCBSCBS CEO Moonves says Nielsen has improved
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13:48 EDTDISDisney CFO says digital ads growing 'much faster' than tv advertising
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13:11 EDTDISDisney CFO says Maker integration going well
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07:36 EDTFOXAFox loses round in fight with TVEyes, Hollywood Reporter says
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07:31 EDTTWXGoldman to hold a conference
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05:56 EDTCBSStocks with implied volatility movement; UNG CBS
Stocks with implied volatility movement; United States Natural Gas Fund (UNG) 31, CBS (CBS) 25 according to iVolatility.
September 9, 2014
14:54 EDTDISApple announces Apple Pay
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13:58 EDTDISStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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07:28 EDTFOXA, TWXFOX pursues reality TV joint venture agreement, Hollywood Reporter says
21st Century Fox (FOX, FOXA) president and COO Chase Carey said that the company doesn't want to pursue Time Warner (TWX) again or look for another large deal, but the firm is aiming to finalize an agreement to create a reality television joint venture agreement comprised of Shine Group, Endemol and Core Media in the future, according to Hollywood Reporter, citing comments from Carey. Reference Link
September 8, 2014
11:57 EDTCBSCBS confirms James Corden as host of "The Late Late Show"
The CBS Television Network announced that James Corden will be the new host of THE LATE LATE SHOW. Corden – a multi-faceted performer, host, writer and producer with accomplishments that span television, theater, film and comedy – will take the reins of the daily late night show in 2015. He is a Tony Award-winning performer on Broadway, a BAFTA-winning star of a UK television series, a feature film actor with two releases this year, and an acclaimed host, writer and producer in several genres of television.
11:07 EDTCBSCBS picks James Corden for "Late Late Show," Variety reports
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September 5, 2014
09:18 EDTDISDISH debuts ESPN Fantasy Football app
As the NFL kicks off its 2014 season, DISH (DISH) is adding an ESPN Fantasy Football app that delivers fantasy stats directly to customers’ TV screens. ESPN is owned by Disney (DIS).
06:05 EDTTWX, FOXAWarner Bros. to eliminate jobs 'at every level' acros studio, Deadline reports
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06:01 EDTDISESPN head doesn't see people using Google for big sports events, Re/code reports
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