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Stock Market & Financial Investment News

News Breaks
July 22, 2014
06:20 EDTVIA, VIABViacom's music group and Spotify form music streaming partnership, WSJ reports
MTV, VHI and other cable channels owned by Viacom is forming a marketing partnership with Spotify to allow users to listen free to music by featured artists, reports the Wall Street Journal. At least 150 Spotify playlists will be accessible through the network and Spotify will promote the playlists to its 40M users worldwide. Reference Link
News For VIA;VIAB From The Last 14 Days
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October 29, 2014
09:04 EDTVIABViacom negative sentiment has created buying opportunity, says Sterne Agee
Sterne Agee says that Viacom's multiple has reached all-time lows, due to negative sentiment based on ratings declines. The firm thinks the multiple is unlikely to decline further, and it says the stock outperformed significantly following similar situations in 2009 and 2012. The firm keeps an $80 price target and Buy rating on the shares.
October 23, 2014
07:53 EDTVIA, VIABAlibaba CEO ups Hollywood content pursuit with studio meetings, Bloomberg says
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