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Stock Market & Financial Investment News

News Breaks
June 3, 2014
04:55 EDTVIP, VIP, VIP, FLEX, FLEX, FLEX, S, S, S, VIV, VIV, VIV, TU, TU, TU, CVC, CVC, CVC, SIRI, SIRI, SIRI, INXN, INXN, INXN, TKC, TKC, TKC, CBS, CBS, CBS, RCI, RCI, RCI, TSU, TSU, TSU, AMX, AMX, AMXBofA/Merrill to hold a conference
2014 Global Telecom & Media Conference to be held in London, England on June 3-5.
News For VIP;TSU;RCI;CBS;TKC;INXN;SIRI;CVC;TU;VIV;S;FLEX;AMX From The Last 14 Days
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October 16, 2014
09:18 EDTCBSMoonves: Showtime standalone service in 'not too distant future,' NY Times says
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09:09 EDTCBSCBS announces launch of stand-alone web subscription service
CBS announced the launch of CBS All Access, a new digital subscription video on demand and Nielsen-measured live streaming service for the CBS Television Network. CBS All Access will offer subscribers thousands of episodes from the current season, previous seasons and classic shows on demand, as well as the ability to stream local CBS Television stations live in 14 of the largest U.S. markets at launch. CBS All Access is available beginning today at CBS.com and on mobile devices through the CBS App for iOS and Android. CBS All Access will cost $5.99 per month.
06:03 EDTCBSStocks with implied volatility above IV index mean; AFSI CBS
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05:50 EDTSIRIStocks with implied volatility movement; SHPG SIRI
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October 15, 2014
06:15 EDTCBSCBS upgraded to Buy from Neutral at Citigroup
Citigroup upgraded its rating on CBS (CBS) to Buy citing a compelling risk/reward profile following the recent pullback in shares. Citi believes investor concerns over a softer advertising market and potential renegotiations of retransmission fees are warranted. The firm, however, sees upside from current share levels. It lowered its price target for CBS to $60 from $64. The stock closed yesterday up $1.02 to $49.93.
October 14, 2014
13:22 EDTRCIRogers Communications names Jacob Glick as Chief Corporate Affairs Officer
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11:22 EDTFLEXFlextronics initiated with a Buy at Standpoint Research
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11:00 EDTVIPHigh option volume stocks
High option volume stocks: ABG AMJ SWI CIT INVE VIP PH AMLP CSX DPZ
09:51 EDTTSUTelecom Italia CEO says Tim Participacoes not in rush for deal, Reuters reports
Telecom Italia (TI) CEO Marco Emilio Patuano told Valor Economico that TIM Participaçoes (TSU) can remain competitive in Brazil for five years without losing market share and that it is not in a rush for potential mergers and acquisitions, reported Reuters. TIM Brasil reportedly hired an advisor to look at a potential bid for Oi (OIBR), a source told Reuters previously, and Oi itself has hired a bank as well to advise it on a possible bid for Telecom Italia's 67% stake in TIM Brasil, the report noted, but Patuano told Valor: "I find it curious to see public comments [on a potential Oi bid for TIM] well before there is any concrete possibility of such a thing happening. Telecom Italia is not seeking an offer." Reference Link
07:54 EDTST-Mobile, Sprint risk turnover courting lower-credit subscribers, WSJ says
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07:23 EDTCBSCBS more attractive than Disney, says Wells Fargo
Among media and cable stocks, Wells Fargo sees the least risk and most reward potential in CBS (CBS). The firm sees the least reward potential and most risk in Disney (DIS). The firm believes that the market is overestimating the ad declines for CBS, and it thinks that CBS' stock may have finally bottomed. Disney has a relatively expensive valuation and tough comps, added Wells Fargo, which keeps Outperform ratings on both stocks.
October 13, 2014
09:06 EDTCBSNetflix, CBS sign distribution deal in Europe, Hollywood Reporter says
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07:07 EDTCBSCBS sell-off brings 'interesting' entry point, says Piper Jaffray
Piper Jaffray says the recent pullback in shares of CBS provides an "interesting" entry point with the new broadcast season showing promise. Piper sees upside to 2015 consensus estimates and keeps an Overweight rating on CBS with a $75 price target.
06:44 EDTAMXAmerica Movil downgraded Sell from Neutral at Citigroup (last week)
Citigroup downgraded America Movil last Thursday to Sell citing the 20% share gain since August and tougher regulations in Mexico. Citi lowered its price target for the stock to $22.30 from $23.70.
October 10, 2014
13:17 EDTCBSNielsen to restate some TV rating due to software glitch, Variety reports
Nielsen (NLSN) acknowledged it uncovered a software error on October 6 that had resulted in TV ratings being allocated incorrectly among broadcast and syndication programming since March 2 and that it would restate the ratings accordingly to fix the errors, reported Variety. The company said 98% to 99% of ratings would not be affected by more than .05 of a ratings point and a person familiar with the situation said some TV networks have an expectation that some of their new fall programming will see a very slight uplift due to the restatement, the report noted. The big four broadcast networks are operated by CBS (CBS), Comcast (CMCSA), Disney (DIS) and 21st Century Fox (FOXA). Reference Link
10:49 EDTFLEXHigh option volume stocks
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09:38 EDTFLEXActive equity options trading on open
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09:35 EDTSSprint downgraded to Sell from Hold at Evercore
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07:27 EDTFLEXFlextronics is a top Sell idea for the quarter at Goldman
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October 9, 2014
14:10 EDTSIRIShazam, Sun Broadcasting to launch customized, interactive radio content
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