MCN Newswire: Fox Withdraws Time Warner Bid; Disney Earnings Rise 22% In Q3
Top Stories - August 06, 2014
Fox Withdraws Time Warner Bid Rupert Murdoch's 21st Century Fox said Tuesday that it has withdrawn its bid for Time Warner, a move that sent the latter's stock down more than 10% in after-hours trading Aug. 5. more
Disney Earnings Rise 22% In Q3 The Walt Disney Co. reported a jump in third quarter earnings as a flat performance at its TV businesses was more than offset by booming international box office business for films, including Frozen. more
Sprint Abandons Bid For T-Mobile: Reports Sprint has scrapped its $32 billion attempt to tie the knot with T-Mobile after determining that the regulatory hurdles were too high, The Wall Street Journal reported Tuesday.more
Charter Tests Prototype STB With Downloadable Security Charter Communications revealed a few more details about its ongoing work involving a new downloadable security system, telling the FCC that it's nearing a new set of more advanced lab tests.more