New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 12, 2013
14:59 EDTDWA, LGF, YOKU, DISGary Wang opening animation studio for China audience, WSJ says
Chinese Internet entrepreneur who ran Tudou.com (YOKU), Gary Wang, plans to create an animated-film studio in Beijing next month to make movies for domestic audiences, says the Wall Street Journal. .Reference Link
News For YOKU;DWA;DIS;LGF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
March 19, 2015
15:27 EDTYOKUYouku Tudou March 15 straddle priced for 6.5% movement into Q4
Subscribe for More Information
14:43 EDTYOKUYouku Tudou technical comments ahead of earnings
Shares are trading close to the 52-week low at $14.88 ahead of earnings. That low is not just a 52-week low, but is close to the life low area of the shares at $13.76. Sentiment is negative, with 10.5% of the float short. On a positive surprise this could add significant buy-to-cover demand that could help push shares higher. The first significant test of resistance would come at the 50-day moving average at $16.73. A breakout above that downtrend resistance line proxy could help turn the short-term trend to bullish. Resistance levels above the 50-day as potential upside objectives would be at $17.76 and then at $18.50. It would likely take a move above the $20 area to turn the longer-term trend to bullish. If the news is as or even more negative than current expectations, the life lows would be the first significant support. Below $13.76 there would be not established support, leaving open a drift lower to typical option strike prices at $13, $12.50, and $12.
07:04 EDTDISAmerican Express confirms plans to launch Plenti loyalty program
Subscribe for More Information
March 18, 2015
09:23 EDTDIS, DWAVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
07:54 EDTDISComcast may be forced to put content on Apple TV, NY Post says
Subscribe for More Information
06:53 EDTLGFLionsgate closing $375M financing agreement with Chinese broadcaster, WSJ says
Lionsgate CEO Jon Feltheimer said in a Wall Street Journal interview that the company is closing a $375M financing agreement with Hunan TV & Broadcast Intermediary that may boost its ability to screen films in China. Hunan will fund 25% of Lionsgate production costs over a three year period which the Journal notes could total $1.5B, though popular franchises "Hunger Games," "Divergent," and "Twilight" are not covered. Hunan's subsidiary will acquire rights to distribute up to four Lionsgate films in China, and the two companies will also produce films and television shows for both U.S. and Chinese markets, with a "Candy Crush Saga" TV show being a likely first candidate, according to Feltheimer. Reference Link
06:16 EDTDISAmerican Express to launch Plenti loyalty program this spring, WSJ reports
Subscribe for More Information
March 17, 2015
13:06 EDTDISBattleground: Analysts take opposite sides on Netflix
Subscribe for More Information
11:36 EDTDISApple may launch standalone TV in 2016, says Piper Jaffray
Subscribe for More Information
09:10 EDTDISDISH announces four new A+E Network channels
Dish's (DISH) Sling TV announced that four A+E Networks’ channels -- A&E, HISTORY, H2 and Lifetime -- will be available in its “Best of Live TV” core package by the end of March. The company’s core package will remain priced at $20 per month. With this update also comes the introduction of two new add-on packs, “Lifestyle Extra” and “World News Extra,” each priced at an additional $5 per month. Sling TV will announce A+E Networks’ launch date and Video-On-Demand availability within the coming weeks. Sling TV plans to provide existing “News & Info Extra” subscribers with both the “Lifestyle Extra” and “World News Extra” for a total of $5 per month. A&E is jointly owned by Disney (DIS) and Hearst.
07:26 EDTYOKUYouku Tudou volatility elevated into Q4 and outlook
Subscribe for More Information
05:46 EDTDISApple set to launch online TV service this year, Financial Times reports
Subscribe for More Information
March 16, 2015
10:44 EDTDISNetflix 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.
10:02 EDTDISOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:37 EDTYOKUActive equity options trading on open
Subscribe for More Information
07:45 EDTDISDisney downgraded to Neutral from Buy at BTIG
Subscribe for More Information
March 15, 2015
19:12 EDTDISDisney's 'Cinderella' takes top spot at domestic weekend box office with $70.1M
Rentrak (RENT) announced the official domestic weekend box office estimates for the weekend of March 15, as compiled by the company's theatrical measurement services. Disney's (DIS) "Cinderella" took the top spot at the domestic weekend box office with $70.1M: Warner Bros' (TWX) "Run All Night" took the second spot at the box office with $11M; 20th Century Fox's (FOX, FOXA) "Kingsman: The Secret Service" took third with $6.2M; Warner Bros' "Focus" took the fourth spot at the box office with $5.8M and Sony's (SNE) "Chappie" took fifth place with $5.8M.
March 13, 2015
17:11 EDTDISSony Pictures TV nears streaming video deal for Seinfeld, WSJ reports
Subscribe for More Information
10:00 EDTDWAOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aramark (ARMK) downgraded to Neutral from Outperform at RW Baird... Broadcom (BRCM) downgraded to Hold from Buy at Canaccord... Children's Place (PLCE) downgraded to Neutral from Buy at Citigroup... Depomed (DEPO) downgraded to Hold from Buy at WallachBeth... Diageo (DEO) downgraded to Underperform from Neutral at Credit Suisse... DreamWorks (DWA) downgraded to Neutral from Buy at B. Riley... Gaming and Leisure Properties (GLPI) downgraded to Neutral at Susquehanna... Genesco (GCO) downgraded at Sterne Agee... Host Hotels (HST) downgraded to Underperform from Market Perform at Raymond James... InspireMD (NSPR) downgraded at Oppenheimer... Integrated Silicon (ISSI) downgraded to Neutral from Buy at B. Riley... InterXion (INXN) downgraded to Market Perform from Outperform at Raymond James... JG Wentworth (JGW) downgraded to Hold from Buy at Jefferies... Lumber Liquidators (LL) downgraded to Neutral from Buy at Goldman... QIWI (QIWI) downgraded to Neutral at Susquehanna... Regional Management (RM) downgraded to Underperform from Neutral at Macquarie... Royal Dutch Shell (RDS.A) downgraded to Sector Perform from Outperform at RBC Capital... Rudolph Technologies (RTEC) downgraded to Neutral from Buy at DA Davidson.
07:53 EDTDWADreamWorks downgraded to Neutral from Buy at B. Riley
Subscribe for More Information
1 | 2 | all recent news | >>

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