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Weekly Tech Highlights: Surprise Apple Event, HBO Spinoff Rumors And More
Saturday, February 28, 2015 - 1:29pm | 635Read More...Apple Inc. (NASDAQ: AAPL) ended February as the dominant tech giant -- in the news, at least. The company surprised consumers, investors and analysts when it announced it would be holding an event in March. March 9 Event Means More Hype For Apple Investors knew that Apple planned to release...
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Could WWE Network Scare Off A Potential HBO Spinoff? Analysts Weigh In
Thursday, February 26, 2015 - 6:53pm | 638Read More...HBO is once again rumored to be spun out of parent company Time Warner Inc (NYSE: TWX). Carl Icahn is at the heart of this rumor, but an important question has yet to be answered: is HBO a good spinout? "You best have darn good, unique content to get people to pay to watch things on...
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Amid Icahn Spinoff Rumor, 'Undervalued' HBO Would Be 'Fantastic' Without Time Warner
Thursday, February 26, 2015 - 2:05pm | 628Read More...Time Warner Inc (NYSE: TWX) CEO Jeff Bewkes has said that the company won't spin out HBO, but could a nudge from Carl Icahn change that? Icahn, the famous activist investor who successfully persuaded eBay Inc (NASDAQ: EBAY) to spin out PayPal, is rumored to be after a standalone HBO....
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Mayweather Vs. Pacquiao: Let's Finally Get It On
Saturday, February 21, 2015 - 4:20pm | 320Read More...At long last, the most-anticipated boxing match of the century is on its way. On Friday, Floyd Mayweather Jr. announced he will fight Manny Pacquiao on May 2 at MGM Grand in Las Vegas. Rival premium cable networks HBO and Showtime will, as ESPN put it, "come together to produce and distribute a...
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HBO Will Be Key To Time Warner, Wunderlich Says
Thursday, February 12, 2015 - 12:31pm | 151Read More...Wunderlich on Thursday gave an Entertainment spotlight on Time Warner Inc (NYSE: TWX) after the company gave 2015 earnings guidance of $4.60-4.70 EPS. Wunderlich currently rates Time Warner as a Buy with a price target of $93.00. Regarding one of the keys to Time Warner's strengths Wunderlich...
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Wunderlich Analyst: 'Time Warner Is A Bit Of A Transitional Story'
Wednesday, February 11, 2015 - 4:56pm | 357Read More...Media giant Time Warner Inc (NYSE: TWX) came out with mixed fourth-quarter earnings Wednesday. Although the company beat analysts' EPS forecast of $0.94 per share by posting an EPS of $0.98, it posted revenues of $7.53, slightly short of analysts’ expectations of $7.54 billion. Time...
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Stifel Analyst Explains Netflix Upgrade, Compares It To HBO
Thursday, January 15, 2015 - 9:11am | 343Read More...Stifel analyst David Levitt on Wednesday upgraded Netflix, Inc. (NASDAQ: NFLX) from Hold to Buy with a price target of $380. Levitt was on CNBC today to explain the reasons for the upgrade. "Last quarter, the third quarter, the company started to show indications of making a transition...
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'Game of Thrones' IMAX Showing Could Spawn New, Billion-Dollar Industry
Wednesday, January 7, 2015 - 11:52am | 622Read More...Time Warner Inc (NYSE: TWX) is bringing HBO's "Game of Thrones" to 150 IMAX Corporation (NYSE: IMAX) theaters throughout the United States. The deal provides a unique opportunity for viewers to watch the fourth season's final two episodes. HBO will also show an exclusive...
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M&A Talk Boosts Shares Of Starz Higher
Monday, November 24, 2014 - 12:14pm | 246Read More...Shares of Starz (NASDAQ: STRZA) traded higher on Monday morning after reports surfaced over the weekend that the company is considering a sale of itself. The New York Post reported Friday evening that Starz is seeking around $5 billion in a potential sale of itself and the company has drawn...
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Weekly Highlights: Apple's New iPads, HBO Go Without Cable And More
Sunday, October 19, 2014 - 10:35am | 240Read More...Apple Inc. (NASDAQ: AAPL) received a ton of attention this week after hyping its long-awaited October event, but the final results were not as exciting as the firm's massive September press conference. In September, Apple introduced the iPhone 6, iPhone 6 Plus and the previously rumored...
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How Netflix Could Drop To $250 In 90 Days
Thursday, October 16, 2014 - 1:29pm | 774Read More...Netflix, Inc. (NASDAQ: NFLX) fell more than 25 percent in after-hours trading Wednesday after the company revealed its Q3 results and Q4 guidance. The decline initially reduced Netflix's price to roughly $350 per share. The stock recovered slightly on Thursday but was still down 20 percent...
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Markets Rebound After Getting Crushed Intraday, Still Close Lower
Wednesday, October 15, 2014 - 4:57pm | 2525Read More...U.S. stocks tumbled further on Wednesday and recovered significantly from intraday lows in a day of heavily volatility. The Dow traded lower by more than 450 points, dipping below 16,000 levels the index hasn't seen since February. The index recovered most of the losses but still closed the...
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Cable-Free HBO Go Could Be A 'Monumental' Success
Wednesday, October 15, 2014 - 3:42pm | 818Read More...Time Warner Inc (NYSE: TWX) surprised investors Wednesday morning when the company announced that HBO Go, the online counterpart to HBO, would be available without a cable subscription in 2015. The monthly or annual fee has not been announced, but analysts expect a price between $9.99 and $15....
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5 Recent Big Media Spinoffs
Monday, August 11, 2014 - 11:19am | 826Read More...Gannett’s (NYSE: GCI) announcement last Tuesday that it planned to spin off its print business, including USA Today, into a separate company was only the latest of several recent media spinoffs. Here's a look at how the deal stacks up against the others. The Debt Question Gannett...
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CEO Reed Hastings Rallies Netflix With Facebook Post
Friday, August 8, 2014 - 12:38pm | 625Read More...Shares of Netflix (NASDAQ: NFLX) on Thursday gained nearly 20 points, jumping from $430.30 to $449.67. That is significant news akin to an earnings announcement, ratings change, or the hiring or firing of key executives. The catalyst for Thursday's rally may have been a Facebook post by...
