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Stock Market & Financial Investment News

News Breaks
August 17, 2014
15:42 EDTVIAB, DIS, VIAParamount'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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March 26, 2015
07:01 EDTVIASpike TV to enter U.K. homes on April 15
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March 25, 2015
17:58 EDTVIAB, VIAKarisma, Viacom to develop Nickelodeon hotels
Karisma Hotels & Resorts and Viacom International Media Networks, a division of Viacom (VIAB,VIA), are pleased to announce the signing of a landmark agreement to develop Nickelodeon Hotels. A Gourmet Inclusive collection of luxurious family-friendly properties, Nickelodeon Hotels will represent the first and only international hotels for Nickelodeon, one of the most globally recognized and widely distributed multimedia brands for kids. The milestone deal includes plans to debut Nickelodeon Hotels with the opening of Nickelodeon Punta Cana in the Dominican Republic in late 2016. A second Nickelodeon Hotel will open in Mexico shortly thereafter. Karisma Hotels & Resorts is an award-winning luxury hotel collection, which owns and manages properties in Latin America, the Caribbean and Europe.
06:54 EDTDISPotential YouTube competitor launches, Variety says
Digital subscription video start-up Vessel, which is looking to compete with Google's (GOOG) YouTube, launched yesterday, according to Variety. Vessel was founded by Jason Kilar, the founding CEO of Hulu, the magazine stated. Disney (DIS), 20th Century Fox (FOX, FOXA), and Comcast (CMCSA) own stakes in Hulu. Reference Link
March 23, 2015
12:04 EDTVIA, VIABAzul Hotels by Karisma introduces Nickelodeon Experience
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March 22, 2015
18:46 EDTDISLionsgate's 'The Insurgent' takes top spot at box office with $54M
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March 20, 2015
08:13 EDTDISCanada to 'unbundle' cable TV offerings by December 2016
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March 19, 2015
07:04 EDTDISAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
12:09 EDTVIASony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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09:23 EDTVIAB, VIA, DISVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
07:54 EDTDISComcast may be forced to put content on Apple TV, NY Post says
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06:31 EDTVIADiscovery, Viacom in talks to be on Apple TV service, WSJ reports
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06:16 EDTDISAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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March 17, 2015
13:06 EDTDISBattleground: Analysts take opposite sides on Netflix
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11:36 EDTDISApple may launch standalone TV in 2016, says Piper Jaffray
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09:10 EDTDISDISH announces four new A+E Network channels
Dish's (DISH) Sling TV announced that four A+E Networks’ channels -- A&E, HISTORY, H2 and Lifetime -- will be available in its “Best of Live TV” core package by the end of March. The company’s core package will remain priced at $20 per month. With this update also comes the introduction of two new add-on packs, “Lifestyle Extra” and “World News Extra,” each priced at an additional $5 per month. Sling TV will announce A+E Networks’ launch date and Video-On-Demand availability within the coming weeks. Sling TV plans to provide existing “News & Info Extra” subscribers with both the “Lifestyle Extra” and “World News Extra” for a total of $5 per month. A&E is jointly owned by Disney (DIS) and Hearst.
05:46 EDTDISApple set to launch online TV service this year, Financial Times reports
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March 16, 2015
10:44 EDTDISNetflix retreats after cut to sell on competition, cost concerns
The shares of Netflix (NFLX) are falling after research firm Evercore ISI downgraded the stock to Sell from Hold. Increased competition will force the company to increase its investments and the return from those investments is uncertain, the firm contends. WHAT'S NEW: In the U.S., technological advancements are enabling content providers to sell their programming to a wider range of Internet video distributors, Evercore ISI analyst Ken Sena wrote in a note to investors earlier today. Moreover, content providers themselves are now able to stream more of their programming online and obtain higher profits from doing so, Sena reported. The analyst noted that Apple (AAPL) recently obtained a three month exclusive deal to stream content form Time Warner's (TWX) HBO Now, while Yahoo (YHOO), Amazon (AMZN), and Hulu (DIS, CMCSA, NWSA) are all reportedly interested in obtaining streaming rights to "Seinfeld." Netflix's international expansion will not be sufficient to offset the increased competition, especially because foreign viewers are likely to watch less TV and be less interested in paying for TV content, the analyst believes. Furthermore, Netflix will face more competition from other Internet TV services overseas than in the U.S., according to Sena, who cut his 2015 consolidated operating income estimate for the company by 26% to $381M from $517M previously. In addition to cutting his rating, Sena lowered his price target on the shares to $380 from $450. PRICE ACTION: In early trading, Netflix sank $16, or 3.7%, to $422.
10:02 EDTDISOn The Fly: Analyst Downgrade Summary
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07:45 EDTDISDisney downgraded to Neutral from Buy at BTIG
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07:39 EDTVIAViacom shareholder meeting may question Viacom, CBS control, NY Post says
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