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Stock Market & Financial Investment News

News Breaks
August 17, 2014
15:42 EDTDIS, VIA, VIABParamount's 'Ninja Turtles’ holds on to box office lead, Bloomberg says
Paramount Pictures' (VIAB, VIA) "Teenage Mutant Ninja Turtles,” held first place at the box office this weekend, bringing in $28.4M in the U.S. and Canada, compared to Disney's (DIS) “Guardians of the Galaxy,” which brought in $24.7M, says Bloomberg. Reference Link
News For VIAB;VIA;DIS From The Last 14 Days
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May 25, 2015
12:50 EDTDISDisney's 'Tomorrowland' leads U.S. weekend box office with $32.2M
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May 21, 2015
12:52 EDTDISESPN and StubHub agree to content distribution deal, Variety reports
Disney's (DIS) ESPN has agreed to a content distribution deal with eBay's (EBAY) StubHub, reports Variet. Terms of the deal were not disclosed. ESPN plans to feed scores, team stats and articles to StubHub's app, a feature that will be available in the U.S., the U.K. and Canada. Reference Link
May 20, 2015
13:34 EDTVIAB, VIAViacom boosts quarterly dividend to 40c from 33c
Viacom announced that its board has approved a 21% increase in its quarterly dividend to 40c per share of Class A and B common stock from 33c per share. The increase will take effect beginning with Viacom’s next quarterly dividend, payable on July 1, to stockholders of record at the close of business on June 15. Viacom President and CEO Philippe Dauman said, “Viacom is deeply committed to returning capital directly to our shareholders while investing in high-quality programming, expanding in the U.S. and abroad, and developing new and innovative consumer and advertising initiatives. Our strong balance sheet and substantial cash flow have allowed us to increase our quarterly dividend each year since it was initiated in 2010. We also look forward to resuming our buyback program by October."
13:31 EDTVIAB, VIAViacom announces 21% increase in quarterly dividend
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May 19, 2015
08:11 EDTDISVerizon CFO says customers 'tired of paying for 300 channels'
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06:29 EDTDIS21st Century Fox expects to continue investing in TV, Deadline reports
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May 18, 2015
07:27 EDTVIAJPMorgan to hold a conference
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May 17, 2015
15:37 EDTDISUniversal'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 15, 2015
16:32 EDTVIABBerkshire Hathaway gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: IBM (IBM), Precision Castparts (PCP), Wells Fargo (WFC), Phillips 66 (PSX), and US Bancorp (USB). DECREASED STAKES: National Oilwell Varco (NOV), Viacom (VIAB), Bank of New York Mellon (BK), MasterCard (MA), and Visa (V). LIQUIDATED STAKES: None.
May 14, 2015
14:46 EDTDISDisney CEO Robert Iger reports sale of ~291K shares of stock
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06:01 EDTVIAMTV Networks COO Rich Eigendorff leaving company, NY Post reports
MTV Networks COO Rich Eigendorff is leaving the company, sources tell The New York Post. MTV parent Viacom began letting senior executives go several months ago as part of a restructuring effort. Eigendorff is said to be retiring from the company, one source says. Reference Link
May 13, 2015
11:41 EDTDISDisney CFO says gas prices have 'zero bearing' on park attendance
Disney CFO Jay Rasulo is speaking at the MoffettNathanson Media & Communications Summit.
05:38 EDTDISAlibaba announces partnership with Disney
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May 12, 2015
10:03 EDTVIA, VIABCastlight Health awarded national contract by Viacom
Castlight Health (CSLT) announced that Viacom (VIA;VIAB) has selected the Castlight Enterprise Healthcare Cloud to provide resources to employees that will help them make the most of their benefits and enable more informed healthcare decisions. The Castlight Enterprise Healthcare Cloud is designed to simplify the healthcare benefits experience for employees, providing a 'one-stop shop' that includes detailed information about care options. In addition, the platform helps companies understand the health needs of their employee population through predictive insights rather than relying on retrospective analysis of past care.
08:31 EDTVIA, DISApple likely to launch TV video service this year, says Pacific Crest
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08:04 EDTDISDisney price target raised to $120 from $105 at Deutsche Bank
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06:41 EDTVIA, DISTV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
11:02 EDTVIAB, VIATribune Media names Josh Cogswell as Chief Product Officer
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06:33 EDTVIA, DISTV networks worried amid tough competition from digital outlets, NY Times says
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