Time Warner's board moved to bar shareholders from calling special meetings, throwing up a hurdle to any quick approval of a takeover.» Read More
NEW YORK, July 17- Investors in U.S.-based funds poured $4.3 billion into stock funds in the week ended July 16, encouraged by strong corporate earnings and big potential merger deals in the United States, data from Thomson Reuters' Lipper service showed on Thursday.
Talking Squawk, the official "Squawk Box" blog, provides tidbits, insights, and some sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Sir Martin Sorrell, CEO of WPP, says a Time Warner-Fox merger would be "really interesting" for advertisers due to easy access and distribution.
The bear case for stocks is easy, but it's the bull case that may win out this summer, analysts say.
Henry Blodget, Business Insider CEO & editor-in-chief, and the "Squawk Alley" crew, discuss the potential deal between 21st Century Fox and Time Warner. Blodget says Wall Street's attention has shifted from media to tech.
James Stewart, New York Times columnist, shares his thoughts on whether Rupert Murdoch's conservative reputation played a role in 21st Century Fox's failure to buy Time Warner.
James Stewart, New York Times columnist, and Michael Wolf, Activate co-founder, discuss Time Warner's rebuff of Rupert Murdoch's $80 billion bid. It's clear there are a lot of synergies between these two companies, says Wolf. But Stewart points out the deal faces tough regulatory issues.
Rupert Murdoch’s audacious offer for Time Warner that if it succeeds would cement his status as the most powerful U.S. media magnate.
Andre Barlow, former DOJ trial attorney, and Georg Szalai, The Hollywood Reporter, share insight on emerging antitrust issues as consolidation efforts seep through the media sector.
*BSkyB in talks to buy into Germany, Italy. LONDON, July 17- John Malone's cable group Liberty Global has bought a 6.4 percent stake in ITV from BSkyB, lifting shares in Britain's biggest free-to-air commercial broadcaster on hopes of a wider bid.
SYDNEY, July 17- Media mogul Rupert Murdoch on Thursday criticised excessive financial regulation as stymieing free markets and urged Group of 20 governments to "take a back seat" to allow businesses to drive economic growth.
Jason Moser, Senior Analyst at Motley Fool, names the "two big prizes" that 21st Century Fox sees in Time Warner and says markets can expect a higher bid soon.
21st Century Fox should raise the value of its bid above $80 billion, says David Riedel, President & Founder at Riedel Research Group.
*Record closing high on Wall Street lifts Asia. TOKYO, July 17- Asian equities gained on Thursday, lifted by another record-high close on Wall Street, while the euro probed recent lows against the dollar amid speculation the U.S.
*Intel supplier Shinko Electric soars to 6- month high. TOKYO, July 17- Japan's Nikkei share average rose to a 1-1/ 2- week high on Thursday, buoyed by gains on Wall Street, while Shinko Electric Industries Co jumped on Intel Corp's strong forecast.
Dow reaches another record following earnings, deal news; Time Warner soars on Murdoch bid Australia repeals carbon tax on nation's worst polluters after years of controversy EBay 2 Q profit rises on PayPal growth; eBay e-commerce unit hampered by cyberattack Obama administration pushes to stop companies from looking to overseas combos for tax relief Younger Americans wait to buy homes because of changes in marital status, education and race Yellen says forcing Fed to follow formula in setting interest rates would be grave mistake Apple to pay $400 million to settle e-book price-fixing case unless company prevails in appeal Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG
BOSTON, July 16- To clinch a deal to buy Time Warner Inc, Rupert Murdoch's Twenty-First Century Fox Inc will not only need to raise the value of its bid above $80 billion but also boost its ratio of cash to stock, investors said on Wednesday.
Dow reaches another record following earnings, deal news; Time Warner soars on Murdoch bid EBay 2 Q profit rises on PayPal growth; eBay e-commerce unit hampered by cyberattack Obama administration pushes to stop companies from looking to overseas combos for tax relief Younger Americans wait to buy homes because of changes in marital status, education and race Yellen says forcing Fed to follow formula in setting interest rates would be grave mistake Apple to pay $400 million to settle e-book price-fixing case unless company prevails in appeal Bank of America's income falls, takes $4 billion of litigation costs; Settles with AIG Oil price rises to over $101 on large US stock draw, economic growth in China
NEW YORK, July 16- Rupert Murdoch's Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83- year-old's status as the most powerful magnate in U.S. media and entertainment.
July 16- If Rupert Murdoch succeeds in buying Time Warner Inc and CNN is put up for sale, the 24- hour cable news network could be worth $5 billion, according to one analyst's estimate. Murdoch's Twenty-First Century Fox Inc said on Wednesday it made an offer to buy Time Warner for about $80 billion.