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Stock Market & Financial Investment News

News Breaks
July 17, 2014
07:32 EDTTWX, FOXATime Warner upgraded to Buy from Neutral at Janney Capital
As previously reported, Janney Capital upgraded Time Warner (TWX) to Buy and raised its fair value estimate on the stock to $100 following the takeover approach made by 21st Century Fox (FOXA). Janney estimates a merger would be neutral to Fox at $101 in an all-cash deal, but could be neutral to Fox at a price as high as $160 if it were an all-stock deal.
News For TWX;FOXA From The Last 14 Days
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August 26, 2014
09:35 EDTFOXANetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
17:04 EDTTWXTime Warner to offer buyouts to 4% of cable unit's staff, Reuters says
Time Warner's Turner cable division is set to offer buyouts to from 500 to 600 employees or approximately 4% of its staff, says Reuters. Turner is home to cable networks such as CNN, TNT and the Cartoon Network, added Reuters. Reference Link
14:51 EDTFOXAGray Television renews all Fox affiliation agreements
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August 21, 2014
06:00 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
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August 14, 2014
09:07 EDTTWX, FOXAMorgan Stanley to hold a conference
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06:05 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
Stocks with implied volatility below IV index mean; Time Warner (TWX) 25, Walgreen (WAG) 23 according to iVolatility.
August 13, 2014
06:04 EDTTWXStocks with implied volatility below IV index mean; TWX WAG
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