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Stock Market & Financial Investment News

News Breaks
August 1, 2014
07:43 EDTFOXA, CBS, TWX, VZTime Warner still in play after rejecting 21st Century Fox, Bloomberg says
Even if Time Warner (TWX) successfully fends off 21st Century Fox (FOXA), analysts from Needham, RBC and others say the company is now a target and CEO Jeff Bewkes’s plan to keep the company independent will probably only last so long, according to Bloomberg's "Real M&A" column. Needham says it is possible that Verizon (VZ) or an Internet company could step in with offers, while Wedbush analysts contended that pursuing a merger with CBS (CBS) could serve as another way to defend itself from Fox, the report noted. Reference Link
News For TWX;FOXA;VZ;CBS From The Last 14 Days
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June 23, 2015
13:09 EDTCBSHulu to sell Showtime premium package for subscribers
Hulu (DIS;NWSA;CMSA) will sell Showtime Networks' (CBS) Internet streaming service to subscribers in early July, reports Variety. Hulu will offer Showtime to its subscribers for $8.99 in addition to the $7.99 fee Hulu subscribers pay per month.Reference Link
08:42 EDTVZVerizon completes acquisition of AOL
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June 22, 2015
17:42 EDTVZVerizon offers raises to 38K employees
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16:44 EDTVZVerizon names Scott Krohn as Treasurer
Fran Shammo, CFO, Verizon (VZ), announced that Scott Krohn will join Verizon on July 6 as Treasurer, succeeding Matt Ellis, who was previously appointed to lead Finance in Verizon's Operations organization. Before joining Verizon, Krohn VP - Tax and Treasurer at 3M Company (MMM), where for the last three years his areas of focus included capital structure strategy and execution, pension asset management, financial risk management, and more recently tax planning and governance. Prior to this, Krohn worked for almost 15 years at Ford Motor Company, where he held a number of finance leadership positions in the U.S. and overseas, with his most recent roles there focusing on financial strategy and debt capital markets.
June 21, 2015
19:21 EDTFOXAFox rejects offers from Vodafone, Vivendi for Sky stake, Telegraph says
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16:21 EDTFOXA, TWXUniversal's 'Jurassic World' leads U.S. weekend box office with $102M
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June 19, 2015
06:36 EDTVZArianna Huffington renews contract through 2019, NY Times reports
Huffington Post founder Arianna Huffington has renewed her contract for four years, The New York Times reports. Huffington, whose contract had expired this year and had not signed a new one amid uncertainty surrounding the pending acquisition of Huffington Post parent AOL (AOL) by Verizon (VZ), will remain chairwoman, president and editor-in-chief of the publication. In a memo to staff members, Huffington commented that "After all my meetings and conversations with and the Verizon leadership, I am convinced that we will have both the editorial independence and the additional resources that will allow HuffPost to lead the global media platform shift to mobile and video." Reference Link
06:22 EDTVZMicrosoft to offer more Lumia phones through U.S. carriers, Re/code reports
Microsoft (MSFT) will be offering more of its Lumia smartphones through U.S. wireless carriers, Re/code reports. Beginning next week, the company’s Lumia 640 XL smartphone will be available through AT&T (T) for around $250, the report says. The Lumia 735 will begin selling through Verizon (VZ) at around $200, Re/code reports. Reference Link
June 18, 2015
06:28 EDTVZNYC says Verizon has not lived up to 2008 service delivery promise, WSJ says
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June 17, 2015
13:28 EDTTWXHBO to make serious run at Bill Simmons, Hollywood Reporter says
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12:15 EDTCBSNexstar and CBS enter into affiliation agreement renewals
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06:20 EDTFOXA, TWXHulu luring content producers from Netflix, WSJ reports
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June 16, 2015
16:12 EDTFOXA21st Century Fox names James Murdoch as CEO
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07:27 EDTVZVerizon CFO: company wants to keep AOL portfolio together, WSJ says
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06:19 EDTTWXTime Warner price target raised to $96 from $91 at JPMorgan
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June 15, 2015
18:57 EDTVZVerizon CFO says company not selling Huff Post, not bidding for DISH, WSJ says
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16:00 EDTCBSOptions Update; June 15, 2015
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10:00 EDTFOXAOn The Fly: Analyst Downgrade Summary
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07:07 EDTVZCourt of appeals denies NAB incentive auction petition
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06:35 EDTFOXA21st Century Fox downgraded to Hold from Buy at Topeka
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