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Stock Market & Financial Investment News

News Breaks
July 23, 2014
15:00 EDTTWX, LMCA, FOXALiberty Media's Malone sees tech players unlikely to bid Time Warner, DJ says
Liberty Media's (LMCA) Chairman John Malone said 21st Century Fox (FOXA) has been looking at Time Warner (TWX) for a "very long time," according to Dow Jones.
News For TWX;LMCA;FOXA From The Last 14 Days
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September 30, 2014
13:30 EDTFOXAFox News Channel wins cable ratings crown, Politico says
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11:54 EDTFOXAFCC eliminates sports blackout rules
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06:28 EDTTWXAs DreamWorks talks slow, Softbank mulls Legendary, Hollywood Reporter says
Even though Softbank (SFTBF) has slowed its deal discussions with DreamWorks Animation (DWA), it is looking to make an investment in Thomas Tull's Legendary Pictures studio, according to the Hollywood Reporter, citing sources. The sources said that the Japanese company has been talking with Legendary for several weeks. Legendary has co-financed films with Time Warner's (TWX) Warner Bros Entertainment. Reference Link
06:25 EDTFOXA, TWXFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 29, 2014
08:07 EDTFOXA21st Century Fox nominates Prudential plc CEO for election to board of directors
21st Century Fox (FOXA) announced that Tidjane Thiam, Group CEO, Prudential plc (PUK), has been nominated to join the Board of Directors and will stand for election at the company's Annual Meeting of Stockholders on November 12, in Los Angeles, CA.
07:25 EDTFOXA'Equalizer' tops domestic box office with $35M debut, WSJ reports
"The Equalizer," distributed by Sony (SNE), topped the domestic box office with a $35M weekend opening, beating out last week's winner, 21st Century Fox's (FOXA) "The Maze Runner," reported the Wall Street Journal. Reference Link
September 25, 2014
17:50 EDTTWXCompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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September 24, 2014
12:29 EDTFOXA20th Century Fox signs TV deal with Canadian Shomi, The Hollywood Reporter says
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09:05 EDTFOXAOn The Fly: Pre-market Movers
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06:59 EDTTWXCNN look to debut more original series in primetime this fall, Variety reports
Time Warner's CNN plans to place a greater emphasis on original series in primetime, anticipating 12 original series in 2015, reports Variety. In a Tuesday lunch meeting with journalists, CNN Worldwide President said the original series is “the source of a lot of conversation at CNN. We have had a lot of success in this area... There are a number of people internally who think we should push more into this arena.” Reference Link
05:57 EDTFOXAStarz hires investment bank to explore sale, WSJ reports
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05:51 EDTFOXAStarz met with 21st Century Fox about takeover, LA Times reports
Starz (STRZA) met with 21st Century Fox (FOXA) on Tuesday to discuss a potential takeover of the cable movie service, Los Angeles Times reports, citing three people familiar with the meeting. No deal may materialize and Fox took the meeting as a courtesy, the paper adds, citing a source. Reference Link
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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