New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2013
14:44 EDTPSO, WPO, NWSA, NYTWashington Post to join peers with paywall, though fee undecided
The Washington Post (WPO) announced in an email that it will introduce a "paywall" this summer, meaning it will start charging some frequent users of its Web site. The publication will ask those who look at more than 20 articles or multimedia features a month to pay a fee, although the company has not yet decided how much it will charge, it stated. The paper added that its home-delivery subscribers will continue to have free access to all of The Postís digital products and that students, teachers, school administrators, government employees and military personnel will have unlimited access while in their schools and workplaces. The step, which The Washington Post called "modest compared with some other publications," is one the company said it has previously shied away from for fear of driving away readers and online advertisers. The Post noted that other daily publications that charge for content include the Wall Street Journal, which is owned by News Corporation (NWSA), Pearson's (PSO) Financial Times, and the Boston Globe and the New York Times, which are both owned by The New York Times Company (NYT). In afternoon trading, Washington Post shares slipped $2.67, or 0.6%, to $442.03.
News For WPO;NYT;NWSA;PSO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 20, 2015
06:28 EDTNWSA, NYTReuters' news sites 'inaccessible' in China, Reuters reports
Subscribe for More Information
March 19, 2015
06:55 EDTPSOCertain news agencies form advertising alliance to rival Google, others, BI says
The Guardian, CNN International, The Financial Times , Reuters (TRI) and The Economist are forming an advertising alliance, called Pangaea, in hopes of rivaling Google (GOOG), Facebook (FB), Twitter (TWTR), and LinkedIn (LNKD), reports Business Insider UK. The Financial Times is owned by Pearson (PSO), The Economist Group is 50% owned by Pearson via The Financial Times, and CNN is owned by Time Warner (TWX). Reference Link
05:24 EDTNWSANews Corp builds investment plan in APN News to 14.99% stake
Subscribe for More Information
March 16, 2015
15:13 EDTNWSANews Corp. management to meet with Jefferies
Meeting to be held in Boston on March 20 hosted by Jefferies.
10:44 EDTNWSANetflix 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.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use