New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 5, 2013
13:37 EDTTWXEarnings Preview: Time Warner makes organizational changes ahead of Q4 report
Time Warner (TWX) is set to report Q4 earnings before the market opens on Wednesday, February 6, with a conference call scheduled for 10:30 am ET. Time Warner is a media and entertainment company that which owns HBO, CNN, Warner Bros., and Time Inc. among other media properties... EXPECTATIONS: Analysts are looking for EPS of $1.10 on revenue of $8.25B, according to First Call. The consensus range for EPS is $1.08-$1.12 on revenue of $7.94B-$8.89B... LAST QUARTER: Time Warner reported Q3 adjusted EPS of 86c against estimates for 82c on revenue of $6.8B on estimates for $6.9B. In its Q3 earnings release, Time Warner reaffirmed its FY12 business outlook, saying it expects full-year low double-digit EPS percentage growth off an FY11 adjusted EPS base of $2.89, with current consensus estimates for FY12 EPS at $3.21. In November, Time Warner named former NBC (CMCSA) Universal CEO Jeff Zucker president of CNN. In January, the Warner Bros. Television Group signed a licensing agreement with Netflix (NFLX) giving Netflix the rights to eight Time Warner shows. Late last month, Kevin Tsujihara was named CEO of Warner Bros., and Time Inc., which publishes Time magazine, laid off about 500 employees, or 6% of its staff... STREET RESEARCH: Street research has been muted on Time Warner this quarter, with Goldman upgrading its U.S. Media sector to Attractive from Neutral on January 22. A number of firms also upgraded their price targets on Time Warner, including Stifel Nicolaus to $56 from $51, and Lazard to $56 from $54, respectfully. Both firms kept Buy ratings on the company... PRICE ACTION: Shares of Time Warner have gained more than 16% since its Q3 earnings report. In afternoon trading ahead of tomorrow's Q4 earnings report, shares of Time Warner are trading down almost 0.5%.
News For TWX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 25, 2015
13:26 EDTTWXWarner Bros.' 'American Sniper' keeps top spot at box office, WSJ says
Subscribe for More Information
January 22, 2015
15:29 EDTTWXTime Warner names Mitchell Klaif as Chief Information Officer
Subscribe for More Information
January 21, 2015
07:34 EDTTWXNetflix CEO sees room for competition in video streaming market, CNet says
Subscribe for More Information
06:17 EDTTWXOverstock to introduce streaming-video service later this year, WSJ reports
Overstock.com (OSTK) is planning to launch a streaming-video service later this year, CEO Patrick Byrne announced at the National Association of Television Program Executives conference, The Wall Street Journal reports. Overstock would compete in the space with Amazon (AMZN), Hulu (DIS, CMCSA, CMCSK, FOXA), Netflix (NFLX), and Time Warner's (TWX) HBO is also planning a standalone online streaming service that will launch this year. The new Overstock service would be tied to the company's $20-per-year Club O membership program and will launch with about 30,000 titles. Reference Link
January 20, 2015
17:46 EDTTWXNetflix says 'looking good' to reach 60M-90M U.S. subscriptions
Subscribe for More Information
14:06 EDTTWXCitizens, Keysight identified as long positions by Einhorn
Subscribe for More Information
13:24 EDTTWXGreenlight has new long positions in Citizens, Time Warner, Bloomberg says
Subscribe for More Information
07:35 EDTTWXTime Warner downgraded at Morgan Stanley
As previously reported, Morgan Stanley downgraded Time Warner to Equal Weight from Overweight. The firm downgraded shares based on balanced risk/reward, and downside risk from affiliate fee growth and TV advertising. Price target lowered to $85 from $90.
06:29 EDTTWXTime Warner downgraded to Equal Weight from Overweight at Morgan Stanley
January 18, 2015
16:46 EDTTWXWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
Subscribe for More Information
January 16, 2015
10:01 EDTTWXOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
January 15, 2015
16:23 EDTTWXTime Warner downgraded to Hold from Buy at Stifel
Subscribe for More Information
January 13, 2015
06:28 EDTTWXCNN reaches deal with FAA to study use of drones in reporting, WSJ reports
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use