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Stock Market & Financial Investment News

News Breaks
April 1, 2013
07:54 EDTDWA, VIAB, VIAViacom's G.I. Joe wins weekend with $41.2M opening, Reuters reports
The delayed "G.I. Joe" sequel from Viacom's (VIA, VIAB) Paramount Pictures beat forecasts for a domestic tally of around $38M by bringing in $41.2M in domestic ticket sales in its debut weekend, according to Reuters, citing studio estimates. The film knocked DreamWorks (DWA) "The Croods" to second place with $26.5M in North American box office in its second week, the report added. Reference Link
News For VIA;VIAB;DWA From The Last 14 Days
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August 28, 2015
10:43 EDTVIAB, VIAFly Watch: 'Straight Outta Compton' expected to lead box office for third week
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August 26, 2015
16:33 EDTDWADreamWorks' Chief Global Brand Officer transitioning to consultant role
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August 25, 2015
09:59 EDTDWAOn The Fly: Analyst Upgrade Summary
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07:11 EDTDWADreamWorks upgraded to Hold from Sell at Topeka
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August 24, 2015
09:45 EDTDWAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Bank of America (BAC) upgraded to Outperform from Market Perform at Keefe Bruyette... Bristol-Myers (BMY) upgraded to Neutral from Underweight at Piper Jaffray... Chevron (CVX) upgraded to Neutral from Underperform at BofA/Merrill... Abercrombie & Fitch (ANF) upgraded to Overweight from Neutral... Nike (NKE) upgraded to Outperform from Market Perform at Telsey Advisory... DreamWorks (DWA) upgraded to Buy from Neutral at B. Riley... Caesarstone (CSTE) upgraded to Overweight from Equal Weight at Barclays... TransAlta (TAC) upgraded to Outperform from Market Perform at BMO Capital... Sarepta (SRPT) upgraded to Overweight from Neutral at Piper Jaffray... AutoZone (AZO) upgraded to Buy from Neutral at BofA/Merrill... Royal Dutch Shell (RDS.A) upgraded to Buy from Hold at Jefferies... Allscripts (MDRX) upgraded to Buy from Hold at Argus... China Unicom (CHU) upgraded to Buy from Hold at Jefferies... Ross Stores (ROST) upgraded to Buy from Neutral at Buckingham.
06:14 EDTDWADreamWorks upgraded to Buy from Neutral at B. Riley
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August 23, 2015
16:22 EDTVIAB, VIA'Straight Outta Compton' finds little contention for No. 1 box office spot
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August 21, 2015
13:11 EDTVIAB, VIAFly Watch: 'Straight Outta Compton' eyes second weekend at top spot
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August 20, 2015
14:39 EDTDWAEarnings Watch: Hewlett-Packard reports ahead of company split
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06:36 EDTVIAB, VIABernstein cuts Disney, Time Warner with TV entering 'structural decline'
Bernstein analyst Todd Juenger downgraded his rating on both Disney (DIS) and Time Warner (TWX) saying the U.S. television industry is entering a period of "prolonged structural decline." With viewers moving away from ad-supported platforms to non-ad-supported, media companies with the least exposure to U.S. advertising represent the most favorable investments, Juenger tells investors in a 48-page research note on the Media sector. The analyst moved both companies to a Market Perform rating from Outperform, and lowered his price target for Disney to $114 from $125 and for Time Warner to $90 from $101. He called the downgrade of Time Warner a "very close call" as his new price target still represents 15% upside from current levels. Share performance in the entire Media sector will be challenged until the content owners take steps to "reclaim on-demand viewing" from streaming services like Netflix (NFLX) and use it to protect affiliate fees, Juenger argues. His Outperform-rated names are Nielsen (NLSN) and 21st Century Fox (FOXA). Along with Time Warner and Disney, the analyst has Market Perform ratings on AMC Networks (AMCX), CBS (CBS), Scripps Networks (SNI) and Discovery (DISCA). Juenger has an Underperform rating on Viacom (VIAB). Wells Fargo on Tuesday also downgraded Disney to Market Perform. Piper Jaffray this morning told investors that the recent pullback in shares of AMC Networks brings a "great" entry point into the name.
August 18, 2015
10:17 EDTVIABDisney downgraded as Wells moves away from content providers
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August 16, 2015
16:59 EDTVIAB, VIA'Straight Outta Compton' sidesteps rivals in $56.1M weekend debut
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August 14, 2015
16:48 EDTVIABBerkshire Hathaway gives quarterly update on stakes, reports new stake in Axalta
NEW STAKES: Axalta (AXTA). INCREASED STAKES: Charter Communications (CHTR), and US Bancorp (USB). DECREASED STAKES: Viacom (VIAB), Chicago Bridge & Iron Company (CBI), and WABCO Holdings (WBC). LIQUIDATED STAKES: Phillips 66 (PSX), and National Oilwell Varco (NOV).
11:24 EDTVIA, VIABFly Watch: 'Straight Outta Compton' expected to lead weekend box office
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