- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
AOL, Inc. (NYSE:AOL) exceeded expectations last quarter by 11 cents per share. The company is scheduled to give another report Wednesday. The shares traded down $0.10 (0.36%) recently at $27.84.
Netflix, Inc. (NASDAQ:NFLX): Amazon (NASDAQ:AMZN) has reached a deal withWarner Bros. (NYSE:TWX) under which it will add several TV shows to its Prime Instant streaming service. Fringe and The West Wing will be exclusive to Prime Instant for the summer. Amazon states that it now streams for than 18K titles, although every TV episode is counted as a title. Netflix does not reveal the size of its library, although a recent article (probably using similar methodology) placed it at 60K. The shares traded down $1.40 (1.68%) recently at $81.72.
Don’t Miss: What Will Google Do With Motorola?
Comcast Corporation (NASDAQ:CMCSA) created a new unit for the the news properties at its majority-owned NBCUniversal unit, states the Wall Street Journal. The new NBCUniversal News Group is expected to include NBC News, CNBC, MSNBC and the Weather Channel. Pat Fili-Krushel has been named chairman. The company also intends to provide a new top shelf 300 Mbps downstream, 65 Mbps upstream Internet plan for $205 per month, according to DSLReports.com. A similar plan was recently announced by Verizon, according to a publication. The shares traded down $0.2 (0.62%) recently at $32.18.
DIRECTV, Inc. (NASDAQ:DTV): Viacom (VIAB +0.8%) will gain over $600 million a year from DirecTV (DTV -0.3%) in programming fees beneath the new seven-year agreement, which is a 20 percent increase from previous terms, reports Bloomberg. The deal concluded the 10-day blackout for DirecTV’s 20 million U.S. viewers and was announced this morning with no details about the terms of the agreement.
Viacom, Inc. (NYSE:VIA) recently announced that it has reached a long-term agreement to renew its deal with DIRECTV (NASDAQ:DTV). Every Viacom network, including Nickelodeon, Comedy Central, MTV, BET, CMT, Logo, Spike, TV Land, MTV2, VH1, VH1 Classic, Palladia, Nick Jr., Nicktoons, TeenNick, Tr3s and Centric,should return to DIRECTV’s channel lineup soon. As part of the agreement, DIRECTV has the option to add the EPIX service to its offerings. Viacom is very pleased to present the programming back to DIRECTV subscribers, and thanks all those affected by the blackout for their patience and understanding during this hard period. The shares traded down $0.03 (0.06%) recently at $48.97.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.