Warren Buffett's Berkshire Hathaway added Charter Communications to its stock holdings during the second quarter.» Read More
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Dollar General Corp., up $6.68 to $64.14. The discounter started a bidding war for rival Family Dollar, offering $8.95 billion as it tries to trump a Dollar Tree bid.
GLENDALE, Calif.— DreamWorks Animation, the company behind the "Shrek" and "How to Train Your Dragon" movies, said Monday it hired DirecTV executive Fazal Merchant as its new chief financial officer. Merchant was most recently CFO and senior vice president at DirecTV's Latin America unit, which provides satellite TV services.
OMAHA, Neb.— In a story Aug. 14 about changes to Berkshire Hathaway's stock portfolio, The Associated Press reported erroneously the company had reduced its stake in engineering and construction firm Chicago Bridge& Iron Co. by 1.1 million shares. Berkshire Hathaway has increased its position in Chicago Bridge& Iron by 1.2 million shares.
NEW YORK, Aug 15- U.S. stock index futures were higher on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.
OMAHA, Neb.— Billionaire Warren Buffett's company has revealed a new stake in Charter Communications Inc. and made several other tweaks to its $108 billion U.S. stock portfolio. Berkshire Hathaway Inc. filed an update on its portfolio with the Securities and Exchange Commission Thursday.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday.
Aug 5- Rupert Murdoch's Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.
*Telefonica offers up Telcom Italia stake to Vivendi. PARIS/ MADRID, Aug 5- Spain's Telefonica has made a 6.7 billion euro bid to France's Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a market that accounts for one-fifth of revenue. Telefonica also offered Vivendi the chance to acquire its 8.3 percent stake in Telecom Italia.
Aug 4- Rupert Murdoch's Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.
July 31- Discovery Communications Inc, which runs channels such as Animal Planet and Investigation Discovery, reported quarterly revenue slightly above analysts' expectations, helped by a jump in advertising sales in its international networks.
July 31- DirecTV, the No.1 U.S. satellite TV provider, reported a 5.3 percent rise in second-quarter revenue, helped by price increases and fewer subscriber disconnections. Net income attributable to the company rose to $806 million, or $1.59 per share, for the quarter ended June 30 from $660 million, or $1.18 per share, a year earlier.
Some of the names on the move ahead of the open.
WASHINGTON/ NEW YORK, July 29- The long-anticipated merger of Sprint Corp and T-Mobile US Inc is not expected to occur before September, with the companies continuing due diligence and preparing a detailed case for a deal before U.S. regulators, according to people familiar with the matter.
A crush of big cap earnings and arguably the most important economic reports until September make next week the busiest of the summer for markets.
LOS ANGELES/ NEW YORK July 24- Chase Carey, Twenty-First Century Fox's president and chief operating officer, may be feeling pressure to stay in his job for several more years both from his boss, Rupert Murdoch, and from the company Murdoch is trying to buy, Time Warner Inc.
WASHINGTON, July 23- AT&T Inc's quarterly revenue rose a weaker than expected 1.6 percent as cheaper service plans offered to customers who forgo subsidized cellular phones cut into margins.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
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