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Stock Market & Financial Investment News

News Breaks
August 5, 2014
16:23 EDTTWXTime Warner tumbles as 21st Century Fox withdraws bid
In the extended session the shares are down over 11% to $75.80 after 21st Century Fox (FOXA) withdrew its bid for the company. At that price next support is at $72.41. Resistance is at $77.66.
News For TWX From The Last 14 Days
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November 25, 2014
06:22 EDTTWXHBO, Tencent sign deal to distribute dramas, movies online in China, WSJ reports
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November 21, 2014
12:22 EDTTWXTurner, DISH restore channel service, extend carriage
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November 20, 2014
07:42 EDTTWXStudios looking abroad for opportunity in TV licensing, WSJ reports
For U.S. television studios, such as Time Warner’s (TWX) Warner Bros., licensing shows abroad, which was once a small side business, has become a much-needed source of growth and is increasingly needed to make shows profitable, reported The Wall Street Journal. In addition to Time Warner, CBS Corp. (CBS), Sony (SNE) and 21st Century Fox (FOXA) also see huge promise from international TV distribution, the report noted. Reference Link
November 17, 2014
06:33 EDTTWXWarner Bros. wins 'Hobbit' royalties fight against Weinsteins, WSJ reports
Time Warner's Warner Bros. has prevailed over the Weinstein brothers in a $75M-plus lawsuit over the royalties for the second and third "Hobbit" films, the Wall Street Journal reports, citing people with knowledge of the situation. Reference Link

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