Time Warner
NYSE: TWX
$98.77
+$0.00 (+0.0%)
Closing price June 15, 2018
Trouble has just begun for the century-old business of running theaters people actually go to so they can see a movie on the big screen.
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Twitter will stream NASCAR races live, the CEO of Infosys was pushed out of the company, the AT&T deal to buy Time Warner has reached a milestone, and more important headlines.
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"Dunkirk" passed the $150 million domestic ticket sales level over the weekend, while several other films posted lackluster performance.
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Google's CEO canceled a planned meeting about gender equality and diversity, HBO has raised funds to pay a ransom to hackers who stool scripts to its hit "Game of Thrones" and more headlines.
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Disney will start its own sports and movie streaming networks and pull content from Netflix, the streaming industry leader.
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The top analyst upgrades, downgrades and other research calls from Monday include BlackBerry, BP, Camping World, Deere, GrubHub, KLA-Tencor, Teva Pharmaceutical and Zions Bancorp.
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The weekend box office race tilts toward "The Dark Tower" starring Idris Elba and Matthew McConaughey, but there could be competition from "Dunkirk" and "Detroit."
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The top analyst upgrades, downgrades and other research calls from Thursday include Caterpillar, Comcast, Fitbit, Groupon, Mattel, Take-Two, Time Warner and Zynga.
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Sprint's controlling shareholder, SoftBank, may make an offer for Charter Communications. It would be a major move for Softbank's empire-building chairman.
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Despite AT&T's efforts to reinvent itself, Wall Street is not convinced. Shares sold short rose by more than 8 million for the period that ended July 14.
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KKR is close to a deal to buy WebMD, the CEO of Time Warner will leave the company after its buyout by AT&T, and the IMF has reaffirmed its outlook for global growth.
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Two big-budget movies open this weekend, but a small budget film could be the big surprise.
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Merrill Lynch had been a holdout AT&T bull for for some time. That has ended, ahead of the acquisition of Time Warner.
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Amazon.com could hardly have released more impressive news than it has in the past month. However, its stock has stopped rising.
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The head of Saudi Aramco said that oil prices eventually will rise, Elon Musk has unveiled the Tesla Model 3 and the new Spider-Man movie was a huge hit.
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