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Stock Market & Financial Investment News

News Breaks
August 4, 2014
08:48 EDTTWX, FOXATime Warner, Fox reports to provide fuel for merger fight, WSJ says
Both Time Warner (TWX) and 21st Century Fox (FOX, FOXA) are scheduled to report qaurterly earnings results this Wednesday and people close to both companies have raised questions "about the other's ability to deliver results for investors," said The Wall Street Journal, which noted that both will be under added scrutiny after Time Warner rejected Fox's takeover proposal. Reference Link
News For TWX;FOXA From The Last 14 Days
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September 23, 2014
11:29 EDTFOXATribune Co. says talks with Fox on Seattle affiliation continue
Tribune Media (TRBAA) and Twenty-First Century Fox (FOXA) have been conducting ongoing discussions regarding Tribune's Fox affiliation in Seattle, KCPQ, Tribune said. "Throughout the course of this dialogue, which is ongoing, a variety of alternatives have been discussed and there is no resolution at this time. Fox has sent to Tribune a notice of termination of the Seattle affiliation agreement effective January 17, 2015. Nonetheless, we are continuing to engage in discussions with Fox and moreover have prepared for all operational and economic possibilities for our Seattle Fox station. We are confident that our remaining thirteen Fox affiliates will remain unaffected based on regulatory and contractual constraints," Tribune reported. KCPQ contributed approximately $13M in EBITDA in FY13 for Tribune.
08:40 EDTTWXTime Warner defends HBO strategy amid Wall Street speculation, LA Times reports
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September 22, 2014
06:44 EDTTWX, FOXA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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06:41 EDTTWXTime Warner's Warner Bros. struggling, NY Times says
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September 19, 2014
06:15 EDTTWXTime Warner price target raised to $89 from $76.69 at Citigroup
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September 18, 2014
06:36 EDTTWXWarner Bros. could cut up to 1,000 jobs, Variety reports
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September 17, 2014
13:57 EDTTWXTNT obtains network television premiere rights to five upcoming Marvel films
Turner Network Television, or TNT, a subsidiary of Time Warner, has obtained the network television premiere rights to five upcoming Marvel Studios films, including "Avengers: Age of Ultron," and "Captain America 3." Each of the five films is tentatively scheduled to premiere on TNT a little over two years after its theatrical release. Reference Link
09:04 EDTTWXAmericas Media ad growth estimates lowered at Nomura
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06:13 EDTFOXASky Deutschland tells investors to reject BSkyB offer
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September 15, 2014
07:29 EDTTWXSony's 'No Good Deed' tops weekend box office, WSJ reports
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September 12, 2014
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
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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September 9, 2014
07:28 EDTTWX, FOXAFOX 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

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