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Stock Market & Financial Investment News

News Breaks
July 18, 2014
12:21 EDTGOOG, AMCX, DISCA, FOXA, GM, CMCSA, CBS, TWX, FB, PG, VIAB, DISCable ad upfront volumes may drop 4% or more, WSJ says
Two of the U.S.'s biggest marketers, Procter & Gamble (PG) and General Motors (GM), have pulled back on their TV network advertising commitments in advance of the "upfront" selling season for cable networks, said The Wall Street Journal, citing people familiar with the matter. The overall volume of ad dollars committed to cable networks during the upfront, which is still under way, could be down 4% or more from last year, people familiar with the situation said. Notable owners of cable television stations include 21st Century Fox (FOXA), Time Warner (TWX), Disney (DIS), CBS (CBS), Comcast (CMCSA), Discovery (DISCA), Viacom (VIAB), and AMC Networks (AMCX). The report added that cutbacks partly reflect a shift of tv ad budgets to digital media, including online video. Google (GOOG) has a large presence in online video with YouTube and Facebook (FB) is taking steps to grow in the area. Reference Link
News For TWX;FOXA;DIS;CBS;DISCA;VIAB;CMCSA;AMCX;PG;GM;GOOG;FB From The Last 14 Days
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February 18, 2015
06:10 EDTFBFacebook is developing virtual reality apps, Re/code says
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February 17, 2015
17:29 EDTFOXABerkshire Hathaway gives quarterly update on stakes, exits Exxon Mobil
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17:13 EDTFB, GMPoint72 gives quarterly update on stakes
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15:05 EDTFBFacebook announces official launch of Marketing Partner program
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13:18 EDTTWXOmega Advisors gives quarterly update on stakes
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13:14 EDTFBFacebook introduces customizable product ads solution
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12:56 EDTFOXA, DIS, CBS, CMCSA, DISCADecline of TV viewing accelerated, NY Post reports
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12:12 EDTGOOGAT&T to match Google Fiber speed, pricing in Kansas City area, KC Star says
AT&T (T) announced on Sunday that it would offer Internet service in Kansas City and several of itssuburbs, with the same speed and pricing as Internet service provided by Google's Google Fiber service in the region, according to The Kansas City Star. Reference Link
10:31 EDTGOOGApple rises as analysts applaud reported auto ambitions
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10:04 EDTFBFacebook receives patent for identifying, marketing to "influencers"
Facebook has received a patent allowing it to identify "influencers" within its social network - those whose recommendations results in a significant increase of word-of-mouth and re-sharing. The patent describes a process for identifying which users are most influential, and then advertising to those specific people in order to capitalize on any potential recommendations they may make.
08:50 EDTGOOGGoogle launches Chinese YouTube channel for app developers, TechCrunch says
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08:39 EDTFBMarathon Patent Group subsidiary files patent infringement suit against Facebook
Marathon Patent Group (MARA) announced that its wholly-owned subsidiary TLI Communications GmbH has filed a patent infringement lawsuit against Facebook (FB) and Facebook Ireland Limited in the Regional Court of Munich in Germany. TLI Communications is asserting infringement of the German part of European patent 0 814 611 B1 by the social media platform "Facebook" operated by the defendants, as well as the associated application software for smartphones and tablet computers.
07:45 EDTVIABViacom sell-off largely overdone, says Jefferies
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07:22 EDTFBMitsubishi UFJ to hold a tour
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07:15 EDTPGConsumer Analyst Group of New York (CAGNY) to hold a conference
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07:15 EDTCMCSA, FOXA, VIAB'Fifty Shades' opens to $94.4M, WSJ says
Comcast (CMCSA, CMCSK) subsidiary Universal's "Fifty Shades of Grey" earned roughly $94.4M in its opening weekend, reports the Wall Street Journal. The film earned an additional $172M overseas. Fox' (FOX, FOX.A) "Kingsman: The Secret Service" debuted in second place with $42M, and Viacom (VIA, VIA.B) subsidiary Paramount's "SpongeBob SquarePants: Sponge Out of Water" took $40M in its second week. Reference Link
06:57 EDTGMGM in court Tuesday over bankruptcy shield, WSJ says
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05:58 EDTGMGeneral Motors recalls 81,000 Malibus, Pontiacs due to power steering issue
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February 16, 2015
19:13 EDTCMCSALiberty Global may become takeover target, NY Times says
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12:50 EDTGMGM claims for ignition switch defects rises to 4,312, Reuters says
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