Thursday, 14 December, 2017

Disney / Fox Update - Fox Prefers Disney as a Buyer, Reports Say

Fox Wants To Sell To Disney Over Other Buyers Here's Why Walt Disney Co Stock Will Jump on a Deal with Fox
Ivan Hill | 06 December, 2017, 01:17

Andreas Halvorsen increased its stake in Twenty First Centy Fox Inc (FOXA) by 10.19% based on its latest 2017Q2 regulatory filing with the SEC. (NASDAQ:FOX) on December 4, 2017 saw a modest increase, closing the day at $31.47, or a increase of $0.84 or (2.67%).Volume levels spiked and FOX actually managed a breakout which translated to 4.31 million shares changing hands on the day. Advantus Mgmt accumulated 48,902 shares. Us Silica Holdings Inc now has $2.78B valuation. Grove Bank & Trust now owns 3,785 shares of the company's stock worth $107,000 after purchasing an additional 3,520 shares in the last quarter. About 2.64 million shares traded. It has underperformed by 21.05% the S&P500.

If Disney or another strategic bidder buys Fox's 39 percent stake in Sky, it would trigger a mandatory offer for the rest under U.K. Takeover Panel rules, and would probably be approved quickly by regulators, analysts at UBS led by Polo Tang said Monday in a note. Twenty-First Century Fox had 2 analyst reports since February 18, 2016 according to SRatingsIntel. They expect $0.48 earnings per share, down 9.43% or $0.05 from last year's $0.53 per share. However, the Fox Broadcasting Network would continue to be owned by 21st Century Fox (which may want to change its name when this is all done), as would the sports channels, and the Murdochs' "news" empire with the likes of Fox News and Fox Business News.

Media headlines about Twenty-First Century Fox (NASDAQ:FOXA) have been trending somewhat positive on Tuesday, according to Accern Sentiment. Therefore 50% are positive. (NASDAQ:FOX). Envestnet Asset Mngmt Inc has invested 0% in Twenty-First Century Fox, Inc. Topeka Capital Markets maintained it with "Hold" rating and $34 target in Thursday, August 6 report.

Mueller removed investigator from team after discovering anti-Trump text messages
He sent the text messages to Lisa Page, an FBI lawyer who also left the Mueller investigation this past summer. Mueller's investigation to the F.B.I.'s human resources department, where he has been stationed since.


Fox is apparently interested in pivoting to mostly sports and cultural commentary, meaning Fox News and the sports network FS1 would stay put. RBC Capital Markets maintained it with "Buy" rating and $3500 target in Wednesday, August 9 report. (NASDAQ:FOXA) traded up $0.90 on Monday, reaching $33.09.

Shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) on Friday, September 16 to "Market Perform" rating. (NASDAQ:FOXA) earned "Hold" rating by Needham on Tuesday, October 24. The firm has "Hold" rating given on Thursday, September 14 by Cowen & Co. As per Wednesday, November 1, the company rating was maintained by Piper Jaffray.

Sixt SE, through its subsidiaries, provides mobility services for private and business clients worldwide. Blue Ridge Capital Llc who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $31.14 billion market cap company. It operates through two divisions, Vehicle Rental and Leasing. The P/E Ratio for FOX is 20.07. The Rental segment rents various utility vehicles and trucks; offers worldwide holiday auto rental services; provides mobility services for business travelers, as well as for sightseeing or special occasions; and offers luxury saloons and sports cars or SUVs, auto sharing products, and chauffer and transfer services.

Recommended

Apple Pay Cash service launches in US Apple Pay Cash service launches in US Apple Pay Cash is the company's answer to the likes of Square Cash , Venmo , or even Paypal to some extent. You will be able to send and receive funds from your contacts via a message with the help of Apple Pay.

Roy Moore loses lead after sex misconduct allegations Roy Moore loses lead after sex misconduct allegations Last month, a woman named Leigh Corfman accused Moore of initiating sexual encounters with her when she was 14. But the most recent RealClearPolitics averaging of polls shows Moore with another 6 percentage-point lead.

Facebook launches parent-controlled Messenger app for kids Facebook launches parent-controlled Messenger app for kids Facebook's rules require that children be at least 13 to create an account , but many are believed to get around the restrictions. Facebook also confirms that it's taking great measures to make sure that the app doesn't come off in any way exploitative.

Queen Movie Director Bryan Singer Has Been Fired Queen Movie Director Bryan Singer Has Been Fired Last week, sources said that Fox was discreetly canvassing directors to replace Singer, even before production shuttered. Fox is expected to name Singer's replacement within the next few days.

'We need Republican Roy Moore to win in Alabama' 'We need Republican Roy Moore to win in Alabama' The poll also found 71 percent of Alabama Republicans believe the allegations of misconduct against Moore are completely false. The president has also lambasted Democrat Doug Jones , Moore's opponent.

Trump slashes protections for national monuments created by Obama, Clinton Trump slashes protections for national monuments created by Obama, Clinton The monument encompasses 1.4 million acres in southern Utah, including the distinctive twin mesas that give the monument its name. That's where he's expected to announce massive reductions in the size of Bears Ears Monument and Grand Staircase Escalante.

See astronauts throw a pizza party in space See astronauts throw a pizza party in space Preparing any food in the zero-gravity conditions of space is hard , but some foods would seem to be far trickier than others . Regardless of taste, there's no doubt that making pizza is definitely more entertaining after you leave the planet.

Two Women Accuse California Asm. Matt Dababneh Of Sexual Harassment Two Women Accuse California Asm. Matt Dababneh Of Sexual Harassment Lopez's attorney said her client was sent a cease and desist letter on Friday, trying to prevent Monday's announcement. Barker said on Monday that working for Dababneh was "a constant reminder that women were subordinate in all ways".

Facebook unveils Messenger app for kids Facebook unveils Messenger app for kids Features like emoji, GIFs, stickers, selfie frames and even AR experiences are available inside the app. She said: "The risk of exposure to things [children] were not developmentally prepared for is huge".

Former US Rep. Corrine Brown sentenced to five years in prison Former US Rep. Corrine Brown sentenced to five years in prison That was the sole bit of good news, as Corrigan said that "brazen doesn't begin to describe" the scheme. Brown will appeal, though attorney James Smith has yet to determine if he will see that appeal through.

Big Ten Championship: A lot on the line for both teams Big Ten Championship: A lot on the line for both teams Ohio State's close win puts them in a tough position for the final spot in the College Football Playoff . They're also seeking a second appearance in the four-year history of the College Football Playoff .

After firing Matt Lauer, NBC execs attempt to management the harm After firing Matt Lauer, NBC execs attempt to management the harm The expected monetary compensation was based on the fact that Lauer was paid around $20 million a year to cohost the Today show. But workers must be empowered to "take the crucial first step of reporting bad behavior".

Gunmen attack Peshawar's University of Agriculture Gunmen attack Peshawar's University of Agriculture He and another student rushed to his aid, and hid from the gunmen for nearly an hour before they were rescued by security forces. I got up and within seconds everybody was running and shouting, "The Taliban have attacked", he told Reuters .

Austin Rivers Tells Trash Talking Clippers Fan To 'Shut The F*ck Up' Austin Rivers Tells Trash Talking Clippers Fan To 'Shut The F*ck Up' Friday, during one of the team's media availability sessions, Rivers expressed contrition for dressing down the court-side fan. The Clippers beat the Lakers 120-115, but Griffin is expected to miss at least eight weeks while recovering.

Rak-Su win The X Factor 2017 Rak-Su win The X Factor 2017 He also praised runner-up Davies, saying: "Congratulations to Grace who is really an outstanding, outstanding artist". After weeks of searching for the ultimate singer, tonight's X Factor final revealed the victor of the 2017 series.