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Stock Market & Financial Investment News

News Breaks
February 6, 2013
10:47 EDTTWXTime Warner makes fresh 52-week high, bullish breakout in progress
The company reported stronger than expected results today, coming in 7 cents above expectations for its Q4. Shares set a fresh 52-week high this morning, last up 4.5%. On a very long term view, another technical positive seen today on a long term monthly chart is a long base breakout. Shares have been going sideways since the lows of 2001 in a wide range. The last peak in price comparable to today was in January of 2007. Price is now well above that peak. Stocks that exhibit breakouts of this type can, over a long time period, establish a new trend. Next resistance is at $54.03. Support is at $51.29, the prior 52-week high.
News For TWX From The Last 14 Days
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May 16, 2013
09:09 EDTTWXCC Media, CW announce broadcast agreement for iHeartRadio events
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May 15, 2013
17:47 EDTTWXWarner Bros. TV executive Rosenblum to leave, WSJ reports
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11:45 EDTTWXTime Warner to stream TBS, TNT online, The Verge reports
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06:35 EDTTWXWarner Music receives EU approval for Parlophone acquisition, Reuters says
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May 14, 2013
10:01 EDTTWXOn The Fly: Analyst Initiation Summary
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07:05 EDTTWXNetflix continues to lead web usage in North America, AllThingsD reports
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06:27 EDTTWXTime Warner initiated with a Market Perform at BMO Capital
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