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Stock Market & Financial Investment News

News Breaks
February 15, 2013
08:14 EDTVZ, T, CVC, CMCSA, TWC, VSAT, CTL, CHTR, COXFCC finds most companies meet or beat promised broadband speeds, WSJ says
The Federal Communications Commission's latest periodic ISP study found that most companies deliver American users the download speeds that are advertised, with fiber and satellite connections generally outperforming expectations, reported The Wall Street Journal. DSL providers delivered 85% of advertised download speeds, cable connections came in at 98.5% and fiber connections reached 115.3%, the report noted. Reference Link
News For VZ;T;CVC;CMCSA;TWC;VSAT;CTL;CHTR;COX From The Last 14 Days
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October 14, 2014
08:13 EDTVZCorvex says Crown Castle, Verizon deal would 'diversify' revenues
Corvex said, "A Verizon (VZ) tower deal would diversify Crown Castle's (CCI) revenues and deepen the company's relationship with arguably the U.S.'s strongest wireless company and operator of the country's most robust network. As the largest and most-focused U.S. tower operator and the largest operator of legacy carrier portfolios, Crown Castle could be the best strategic acquirer of Verizon's tower assets. That does not mean the company will be best positioned financially to provide the highest and best bid though. Based on recent press articles, the potential sale price for the Verizon towers could be approximately $6B. However, we strongly believe that the company should not issue any equity at recent prices, and certainly not to acquire more tower assets at premium prices when Crown Castle continues to trade at a material discount to both transaction multiples and publicly traded peers."
October 13, 2014
06:32 EDTCMCSAUniversal receives approval to open $3.27B theme park in Beijing, WSJ reports
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October 12, 2014
15:54 EDTCMCSA21st Century Fox's 'Gone Girl' wins at box office with $26.8M, Bloomberg says
21st Century Fox's (FOX, FOXA) “Gone Girl” took first place at the box office this weekend taking in $26.8M, says Bloomberg. "Dracula Untold,” from Comcast's (CMCSA) Universal Pictures came in second this weekend taking in $23.5M, added Bloomberg. Reference Link
October 10, 2014
13:17 EDTCMCSANielsen 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
07:04 EDTCMCSAAmazon in talks to join digital locker for movies. WSJ reports
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October 9, 2014
12:01 EDTTAT&T announces agreement with Accuris, BSG
AT&T, Accuris Networks and BSG Wireless announced an agreement to bring to market the new AT&T Wi-Fi Hub. This hub will make it possible for wireless operators to deliver turnkey Wi-Fi roaming services to their customers.
11:00 EDTTWC, CMCSATime Warner Cable stockholders approve Comcast merger deal
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10:59 EDTCMCSA, TWCTime Warner Cable stockholders approve Comcast merger deal
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09:33 EDTVZGE, Verizon announce alliance
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08:18 EDTCMCSA, TWCTime Warner Cable to host special shareholder meeting
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October 8, 2014
12:03 EDTTAT&T Mobility pays $80M to FTC over mobile cramming charges
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11:04 EDTTWC, CMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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11:03 EDTTWC, CMCSAComcast shareholders approve stock issuance for Time Warner Cable merger
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09:38 EDTVZActive equity options trading on open
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07:13 EDTCMCSAHulu may cut number ads on Hulu Plus, NY Post reports
Hulu (FOXA, DIS, CMCSA) CEO Mike Hopkins is looking to cut back on the number of ads that appear on Hulu Plus, reports the New York Post. According to an executive close to the company, Hulu and its partners are “always looking at a variety of ways to create the best possible experience for our viewers and advertisers including reducing the ad load." Reference Link
October 7, 2014
16:00 EDTVZOptions Update; October 7, 2014
iPath S&P 500 VIX Short-Term Futures up 2.16 to 32.24 Option volume leaders: AAPL TSLA TWTR AMZN FB VZ AA HTZ NFLX PBR according to Track Data.
11:27 EDTCTLHP non-public info may relate to Rackspace, Betaville speculates
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06:04 EDTTAT&T issues apology after customer info improperly accessed, Re/code reports
AT&T has issued an apology after an incident in which customer account information was improperly accessed by a worker, Re/code reports. A company spokesman says AT&T is contacting the limited number of affected customers and is also in contact with law enforcement regarding the issue. Reference Link
October 6, 2014
07:09 EDTTAmerican Trucking Association to hold a conference
2014 ATA Management Conference is being held in San Diego on October 4-7.
06:41 EDTCMCSA'Gone Girl' leads weekend box office with $38M in sales, WSJ reports
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