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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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April 17, 2015
07:00 EDTDISDisney price target raised to $120 from $105 at Jefferies
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April 16, 2015
08:01 EDTDISJPMorgan positive on Disney into Q2 earnings report
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07:13 EDTDISDisney and Corus Entertainment sign licensing agreement in Canada
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April 15, 2015
09:02 EDTDISDolby Vision to launch with Disney's Tomorrowland, Disney Pixar's Inside Out
Dolby Laboratories (DLB) and The Walt Disney Studios (DIS) announced that Disney’s Tomorrowland, in theatres May 22, 2015, and Disney•Pixar’s Inside Out, in theatres June 19, 2015, will be the first Dolby Vision titles to be shown at Dolby Cinema™ locations around the globe. In addition, Disney’s The Jungle Book, due out April 15, 2016, will also be presented in Dolby Vision, with more titles to be announced.
April 13, 2015
11:56 EDTVIA, VIABMedia companies look to back away from Nielsen guarantees for ads, Variety says
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07:22 EDTDISWave of media M&A may be on the way, WSJ says
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April 12, 2015
18:52 EDTDISDisney/ABC Television Group digital chief Albert Cheng leaving, Deadline says
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15:58 EDTDISComcast's 'Furious 7' maintains lead at weekend box office with $60.6M
Rentrak announced the official domestic weekend box office estimates for the weekend of April 12, as compiled by the company's theatrical measurement services. Universal's (CMCSA) "Furious 7" topped the domestic weekend box office with $60M; 21st Century Fox's (FOX, FOXA) "Home" came in second place at the box office with $19M; 21st Century Fox's (FOX, FOXA) "The Longest Ride" came in third place with with $13.5M; Warner Bros.' (TWX) "Get Hard" came in fourth place with with $8.6M and Disney's (DIS) "Cinderella" came in fifth place with $7.2M.
April 10, 2015
06:48 EDTDISTime Warner, Legos to market figures that can be brought to life, NY Times says
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April 9, 2015
19:57 EDTDISScript for 'The Incredibles 2' in early stages, NPR says
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11:01 EDTDISAvengers sequel has 'good shot' to break record set by first film, The Wrap says
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April 8, 2015
20:28 EDTDISDisney pressures Apple to include more channels for web TV service, Street says
Disney (DIS) is pressuring Apple (AAPL) to include "most if not all" of its TV channels, while Apple wants to sign on for fewer channels to reduce the price of its upcoming streaming service, The Street reported earlier, citing people with knowledge of the talks. Reference Link
08:56 EDTVIAViacom multiple compression overdone, says RBC Capital
RBC Capital believes that Viacom is facing a number of headwinds, but the firm thinks that the stock's multiple compression is overdone given what it sees as the company's largely visible affiliate revenue outlook and cost savings from restructuring. The firm believes that Viacom "offers a compelling combination of growth and value." RBC cut its price target on the name to $80 from $88 but keeps an Outperform rating on the shares.
07:32 EDTDISIMAX and Disney renews exhibition agreement with multi-picture deal
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April 7, 2015
05:10 EDTDISDisney, Lucasfilm, 20th Century Fox announce Star Wars digital movie collection
As anticipation builds for the December release of Star Wars: The Force Awakens, Walt Disney Studios (DIS), Lucasfilm Ltd., and 20th Century Fox (FOX, FOXA) announced the upcoming release of The Star Wars Digital Movie Collection. For the first time ever, all six epic films in the Saga, from The Phantom Menace to Return of the Jedi, will be available on Digital HD globally beginning Friday, April 10.
April 6, 2015
16:12 EDTVIAB, VIAViacom to temporarily pause share repurchases
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16:10 EDTVIA, VIABViacom sees $350M annual cost savings from strategic realignment
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16:08 EDTVIAB, VIAViacom to recognize $785M pre-tax charge as part of strategic realignment
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April 5, 2015
18:34 EDTDISComcast's 'Furious 7' leads at weekend box office with $143.6M
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16:37 EDTDISDisney to invest $250M in fantasy site DraftKings, WSJ says
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