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Stock Market & Financial Investment News

News Breaks
April 22, 2014
10:37 EDTSNE, TWX, IPGTime Warner says Joseph Ripp will become chairman of Time Inc
Time Warner (TWX) announced the initial 10 members who will be appointed to the Board of Directors of Time Inc. in connection with the planned spin-off of its publishing division. Following the separation, expected to be completed during Q2, Time Inc. will be an independent, publicly traded company. Current Time Inc. CEO Joseph A. Ripp will become Chairman of Board, and the other nine members will be independent Directors. Other board members include: Former Sony (SNE) CEO Howard Stringer and former Interpublic Group (IPG) co-Chairman and CEO David Bell.
News For TWX;SNE;IPG From The Last 14 Days
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April 22, 2015
05:54 EDTSNEFireEye president: Sony hack 'not an insider,' Re/code reports
FireEye (FEYE) president Kevin Mandia said Code/Enterprise in San Francisco that last year's Sony (SNE) hack was "definitely not an insider," Re/code reports. Mandia believes the Sony hack was "clearly" the work of a government. Reference Link
April 21, 2015
07:37 EDTSNEMad Catz Interactive extends agreement with Harmonix for Rock Band 4
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April 20, 2015
09:27 EDTIPGInterpublic Group announces investment in Samba TV, terms not disclosed
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08:15 EDTTWXIMAX and Warner Bros. announce multi-picture agreement
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April 19, 2015
15:24 EDTSNEComcast's 'Furious 7' leads U.S. weekend box office with $29.1M
For the weekend of April 19, Universal's (CMCSA, CMCSK) "Furious 7" topped domestic box office charts at $29.1M. Sony's (SNE) "Paul Blart: Mall Cop 2" landed in second place with $24M for the weekend while Universal's "Unfriended" came in third with $16M. Fox's (FOX, FOXA) "Home" and "The Longest Ride" took fourth and fifth place at $10.3M and $6.8M, respectively. Data gathered by Rentrak.
14:17 EDTSNESony stock may rise 20% over next year, Barron's says
Shares of Sony (SNE) are likely to jump 20% during the next year, Barron's contends in its "Follow Up" column. Barron's notes that the company is rumored to supply camera chips for Apple's (AAPL) iPhone 7, and Sony could also look to exit its TV and mobile phone businesses. Reference Link
April 17, 2015
13:39 EDTSNEElectronic Arts says Star Wars Battlefront begins shipping November 17
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07:15 EDTSNEMarch NPD video game software sales declined 3%, says Piper Jaffray
Piper Jaffray notes March NPD video game software sales declined 3% year-over-year, with major titles for the month including Electronic Arts' (EA) Battlefield Hardline, Bloodborne from Sony (SNE) and Take-Two's (TTWO) Grand Theft Auto V. Piper notes the monthly decline is the first in 2015, leaving the segment up 2% through the first three months combined. It keeps Overweight ratings on Activision Blizzard (ATVI), Electronic Arts, GameStop (GME) and Take-Two.
05:53 EDTSNEWikiLeaks publishes previously hacked Sony emails, Financial Times reports
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April 14, 2015
13:20 EDTSNERecord labels lobby for better royalties from YouTube, Dailymotion, FT says
The International Federation of the Phonographic Industry alleged Tuesday that certain digital video platforms including Google's (GOOG) YouTube and Orange's (ORAN) Dailymotion are relying too much on "safe harbour" laws to avoid paying royalties to record labels, reports the Financial Times, citing statements by IFPI CEO Frances Moore. The move comes as the European Commission weighs reforming EU copyright law. The IFPI is a recording industry group that counts Sony (SNE) Music Entertainment and Vivendi's (VIVHY) Universal Music Group among its members. Reference Link
06:30 EDTTWXTwitter threatens Periscope users who illegally streamed 'GoT,' Mashable says
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05:54 EDTSNESony creates unit built for local language production, Financial Times says
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April 13, 2015
11:56 EDTTWXMedia companies look to back away from Nielsen guarantees for ads, Variety says
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10:00 EDTIPGOn The Fly: Analyst Downgrade Summary
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08:42 EDTSNEPandora rises after Spotify reportedly valued above $8B in fundraising
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06:24 EDTTWXTime Warner tries to win over TV providers in cord-cutter pitch, WSJ says
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06:19 EDTIPGInterpublic Group downgraded to Hold from Buy at Pivotal Research
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April 12, 2015
18:11 EDTSNEEx-hacker says many capable of launching Sony-style cyber attack, CNET says
Ninety percent of companies are vulnerable to a Sony (SNE)-like cyber attack security experts tell "60 Minutes," CNET says. Companies in the cyber security space include Barracuda (CUDA), FireEye (FEYE), Check Point (CHKP), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Qualys (QLYS), Symantec (SYMC) and Proofpoint (PFPT). Reference Link
15:58 EDTTWXComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
14:34 EDTTWXSeason 5 ‘Game of Thrones’ episodes leaked ahead of premiere, Variety says
Nearly a full day before HBO’s (TWX) scheduled April 12 premiere of “Game of Thrones,” the first four episodes of HBO's popular fantasy series appeared up on piracy networks late Saturday, said Variety. “Sadly, it seems the leaked four episodes of the upcoming season of ‘Game of Thrones’ originated from within a group approved by HBO to receive them,” HBO said. “We’re actively assessing how this breach occurred.” Reference Link
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