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Stock Market & Financial Investment News

News Breaks
March 12, 2013
14:59 EDTLGF, YOKU, DIS, DWAGary 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
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May 24, 2013
15:07 EDTDISYahoo submits bid for Hulu, AllThingsD reports
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13:19 EDTDISKKR, Silver Lake to join bidding for Hulu video service, Bloomberg reports
07:11 EDTDISHulu attracts several bidders, Reuters reports
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06:10 EDTDISOn the Fly: Periodicals Wrap-Up
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May 22, 2013
05:55 EDTLGFLionsgate achieves record sales of $250M at 2013 Cannes market
Lionsgate announced to its International distribution partners, the lineup of films for the 2013 Cannes Film Festival, achieving a company record of more than $250M in sales for nine titles that included Mockingjay 1 and 2, the third and fourth installments of the global blockbuster Hunger Games franchise, Step Up 5 and upcoming Lionsgate and Summit titles such as Draft Day, The Last Witch Hunter and Lionsgate UK's A Little Chaos.
May 21, 2013
12:58 EDTDISDisney's ESPN cuts less than 6% of workforce, Bloomberg reports
Disney's (DIS) ESPN unit laid off less than 400 workers today as part of a companywide cost-cutting effort, Bloomberg reports, citing a person with knowledge of the situation. The cuts amount to less than 6% of ESPN’s 7,000 employees, the report adds. Reference Link
May 20, 2013
06:05 EDTYOKUStocks with implied volatility movement; SPWR YOKU
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May 19, 2013
16:41 EDTDISViacom's 'Into Darkness' tops Disney's “Iron Man 3” at box office, WSJ says
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May 17, 2013
15:51 EDTDISDirecTV weighing bid for Hulu, WSJ reports
DirecTV (DTV) is considering making a bid for Hulu, the video website jointly owned by News Corp. (NWSA), Comcast (CMCSA), and Disney (DIS), reports The Wall Street Journal citing a person familiar with the matter. Reference Link
15:26 EDTDISDirecTV considering acquisition of Hulu, Dow Jones reports
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10:44 EDTYOKUYouku Tudou drops sharply, levels to watch
The stock is down over 6.6% at time of writing, last at $19.67. At that price, next support is at $19.39, and then at $18.91. Resistance is at $20.64.
06:23 EDTDISDisney downgraded to Neutral from Overweight at Atlantic Equities
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May 16, 2013
13:46 EDTDISDisney's ESPN acquires rights to tennis' U.S. Open beginning 2015
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11:34 EDTYOKUYouku Tudou initiated with a Buy at BofA/Merrill
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10:03 EDTYOKUOn The Fly: Analyst Upgrade Summary
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09:41 EDTYOKUYouku Tudou upgraded to Overweight from Neutral at HSBC
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09:09 EDTYOKUYouku Tudou price target raised to $25 from $21 at Macquarie
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08:17 EDTYOKUYouku Tudou upgraded to Hold from Sell at Maxim
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May 15, 2013
19:59 EDTDISPay-TV operators eye Hulu, WSJ reports
At least two pay-TV operators, including Time Warner Cable (TWC), are looking at an investment in Hulu, jointly controlled by Comcast (CMCSA), Disney (DIS), and News Corp. (NWSA), reports the Wall Street Journal, citing people familiar with the matter. Reference Link
17:33 EDTYOKUYouku Tudou sees Q2 revenue RMB720M-RMB770M, consensus RMB666.17M
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