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Stock Market & Financial Investment News

News Breaks
April 16, 2014
06:58 EDTSNE, TWXFormer Sony chairman to take place on Time Inc's board, NY Post says
Time Inc (TWX) is expected to announce its board of directors as soon as next week, when Time Warner files an amended Form 10 ahead of spinning off the publishing unit June 30, the New York Post reports. Former Sony (SNE) Chairman Howard Stringer has agreed to take a position on Time Incís board, according to a source. Reference Link
News For TWX;SNE From The Last 14 Days
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April 27, 2015
09:09 EDTTWXTime Warner price target raised to $97 from $89 at Citigroup
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April 26, 2015
17:05 EDTSNEUniversal's 'Furious 7' leads U.S. weekend box office with $18.3M
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April 23, 2015
19:41 EDTTWXCablevision announces 'cord cutter package,' includes option for HBO Now
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April 22, 2015
16:27 EDTTWXMattel, Warner Bros. & DC Entertainment announce partnership
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08:37 EDTSNESony raises FY revenue view to Y8.21T from Y8T
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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
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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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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