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Stock Market & Financial Investment News

News Breaks
February 19, 2014
11:37 EDTGOOG, CMCSA, NFLX, T, VZ, TWCFCC Chairman to propose new 'Net Neutrality' rules
FCC Chairman Tom Wheeler announced he intends to ask his fellow commissioners to enact new open Internet rules that enforce and enhance the transparency rule, fulfill the “no blocking” goal and fulfill the goals of the non-discrimination rule. Wheeler also said the Commission will not initiate any further judicial action in connection with the Verizon (VZ) decision. Wheeler stated: "In its Verizon v. FCC decision, the United States Court of Appeals for the District of Columbia Circuit invited the Commission to act to preserve a free and open Internet. I intend to accept that invitation by proposing rules that will meet the court’s test for preventing improper blocking of and discrimination among Internet traffic, ensuring genuine transparency in how Internet Service Providers manage traffic, and enhancing competition. Preserving the Internet as an open platform for innovation and expression while providing certainty and predictability in the marketplace is an important responsibility of this agency." Supporters of the "net neutrality" rules, as they have been called, include Google (GOOG) and Netflix (NFLX). In addition to Verizon, other broadband operators include AT&T (T), Comcast (CMCSA) and Time Warner Cable (TWC). Reference Link
News For VZ;NFLX;GOOG;T;CMCSA;TWC From The Last 14 Days
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February 24, 2015
06:34 EDTGOOGGoogle said to be rearranging engineers in Glass department, 9to5Google reports
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February 23, 2015
18:20 EDTTWC, CMCSAComcast, Time Warner Cable face $20B racial discrimination suit, Reuters reports
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15:23 EDTCMCSANotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Comcast (CMCSA), consensus 78c... Home Depot (HD), consensus 89c... American Tower (AMT), consensus 51c... Ecolab (ECL), consensus $1.20... Macy's (M), consensus $2.40... Pall Corp. (PLL), consensus 87c... Windstream (WIN), consensus 3c.
15:10 EDTCMCSAComcast $CMCSA Feb weekly 58 straddle priced for 2.7% movement into Q4
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12:33 EDTGOOGAndroid antitrust lawsuit against Google dismissed, Reuters says
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12:28 EDTVZ, T, GOOGGoogle reaches deal with wireless carriers, acquires Softcard tech, Re/code says
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09:39 EDTGOOGActive equity options trading on open
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09:39 EDTGOOGYouTube confirms launch of kids app
Google's (GOOG, GOOGL) YouTube confirmed its launch of the YouTube Kids app, "the first Google product built from the ground up with little ones in mind," which the company said makes it safer and easier for children to find videos on topics they want to explore. The app is now available for free on Google Play and the App Store in the U.S. Reference Link
09:02 EDTVZVerizon to sell BlackBerry Classic for $100, CrackBerry says
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08:33 EDTCMCSA'Fifty Shades' ticket sales retain top spot at box office, Reuters says
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08:24 EDTGOOGGoogle Vietnam site disrupted by hackers, WSJ says
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07:38 EDTCMCSA, TComcast, AT&T deals could be delayed by document access case, WSJ says
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06:31 EDTGOOGGoogle reaches preliminary agreement with Italian regulators, WSJ says
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05:33 EDTTDirecTV downgraded to Hold from Buy at Brean Capital
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February 20, 2015
13:56 EDTT, VZAT&T VP critical of Dish auction tactics
AT&T (T) VP of Federal Regulatory Joan Marsh stated in a post to a corporate blog that FCC Auction 97 represents "hard evidence that there is significant continuing interest in licensed spectrum... It didn't matter that it was mid-band spectrum. It mattered only that it was broadband spectrum." Marsh notes that Dish (DISH) won more licenses than any other bidder though "none of that spectrum is currently supporting commercial wireless services," with her suggestion being that "auctions should be designed to ensure that licenses go to those willing to deploy networks – not speculators or stockpilers...The government should continue to place a high priority on allocating new licensed bands to the wireless industry." Marsh continues her analysis of Dish, claiming the double and triple-bidding activity carried out by its two designated entities "circumvented auction activity rules, masked actual demand and distorted the auction," as they were able to win significant allocations while enjoying a 25% small business discount. In response to Dish claims that all companies use DEs, Marsh replies that "in more recent auctions... bidders like AT&T, Verizon (VZ) and T-Mobile (TMUS) had no DE relationships, participated directly and paid full price for their licenses." Reference Link
12:02 EDTCMCSAComcast management to meet with Jefferies
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07:42 EDTGOOGFDA authorizes 23andMe to market genetic testing for Bloom Syndrome
The U.S. Food and Drug Administration yesterday authorized for marketing Google-backed 23andMe’s Bloom Syndrome carrier test, a direct-to-consumer genetic test to determine whether a healthy person has a variant in a gene that could lead to their offspring inheriting the serious disorder. Along with this authorization, the FDA is also classifying carrier screening tests as class II. In addition, the FDA intends to exempt these devices from FDA premarket review. The agency plans to issue a notice that announces the intent to exempt these tests and that provides a 30-day period for public comment.
07:18 EDTCMCSAComcast volatility elevated into Q4 and outlook
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06:49 EDTCMCSAMSNBC cancels two talk shows, Politico says
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06:22 EDTGOOGYouTube to release stand-alone app for kids, WSJ says
Google's YouTube is planning to release a smartphone and tablet app for kids featuring original episodes of television shows including "Thomas the Tank Engine" and "Sesame Street," as well as content from existing YouTube kids channels, reports the Wall Street Journal, citing a person familiar with the matter. The app -- slated for an official reveal Monday at the Kidscreen Summit -- will initially only be available for Android devices. The source said the inclusion of ads is "under discussion." Reference Link
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