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Stock Market & Financial Investment News

News Breaks
August 7, 2014
06:07 EDTTWXTime Warner to undertake restructuring activities to streamline operations
Time Warner said in a filing yesterday that it plans to undertake restructuring activities to streamline its operations and reallocate resources to the company’s strategic priorities. The restructuring plans are being developed and as such the company is not able to estimate the charges that it will incur. However, the restructuring charges will likely be material and incurred during the second half of 2014. Additionally, the company will be evaluating whether to dispose of certain licensed programming in connection with these restructuring activities. To the extent the company decides to dispose of licensed programming the company will likely incur material impairment charges or termination fees.
News For TWX From The Last 14 Days
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May 25, 2015
12:50 EDTTWXDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 17, 2015
15:37 EDTTWXUniversal's 'Pitch Perfect 2' leads U.S. weekend box office with $70.3M
For the weekend of May 17, Comcast (CMCSA, CMCSK) subsidiary Universal's "Pitch Perfect 2" topped domestic box office charts at $70.3M. Time Warner (TWX) subsidiary Warner Bros.' "Mad Max: Fury Road" landed in second place with $44.4M, while Disney's (DIS) "Avengers: Age Of Ultron" came in third with $38.8M. Warner Bros.' "Hot Pursuit" and Universal's "Furious 7" took fourth and fifth place at $5.8M and $3.6M, respectively. Data gathered by Rentrak.
May 14, 2015
10:47 EDTTWXTurner Broadcasting CEO says has seen ratings erosion at TNT, TBS
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10:43 EDTTWXTurner Broadcasting CEO says 'bullish' time for Turner
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May 13, 2015
07:16 EDTTWXMoffett Nathanson to hold a summit
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06:55 EDTTWXInsiders speculate bidding war to erupt over AOL, Business Insider reports
The consensus speculation from investment bankers, hedge fund traders and people close to AOL (AOL) is that another company will emerge and offer a price for AOL that is higher than $50 per share, reports Business Insider. The potential suitors include Time Warner (TWX), Comcast (CMCSA), Yahoo (YHOO), Alibaba (BABA), Softbank (SFTBF), AT&T (T), Netflix (NFLX) and Apple (AAPL). Reference Link

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