DIRECTV, Nexstar Reach Multi-Year Distribution Agreement
(RTTNews) - DIRECTV Group Inc.(DTV) and Nexstar Media Group, Inc. (NXST) on Monday have officially reached a comprehensive new multi-year distribution agreement covering 176 Nexstar-owned local television stations and the company's national cable news network, NewsNation. Terms of the agreements were not disclosed.
This follows the return of the television stations and NewsNation to DIRECTV, DIRECTV STREAM and U-verse on the morning of September 17.
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EchoStar Stock Hit On Deal To Sell Dish TV To DirecTV
Shares of EchoStar Corp. dropped around 12 percent on Monday's regular trading and more than 1 percent in the extended trading on the Nasdaq after the firm agreed to sell its video distribution business Dish TV and digital business Sling TV to rival DirecTV for a nominal price of $1, plus the assumption of DISH DBS's net debt. The combination of DIRECTV and DISH would create the largest pay-TV...
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Nexstar Media And Fox Renew Multi-Year Agreement
Nexstar Media Group, Inc. (NXST), and Fox Corp. (FOXA, FOX) announced Tuesday that they have reached a comprehensive multi-year agreement renewing the FOX affiliations of 29 Nexstar-owned stations across the U.S., including those in six of the country's top twenty markets.
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TSX Ends Higher As Tech Stocks Rally
The Canadian market closed higher on Tuesday, recovering well after snapping a nine-day winning streak on Monday, thanks to strong buying in the technology sector.
Investors now await monetary policy announcement from the Bank of Canada. The central bank is widely expected to cut interest rate on Wednesday.
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Japan Stock Market Due For Support On Wednesday
The Japanese stock market has finished lower in back-to-back sessions, dropping more than 940 points or 2.3 percent along the way. The Nikkei 225 now sits just above the 39,000-point plateau although it's likely to stop the bleeding on Wednesday.
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BoJ Minutes On Tap For Wednesday
The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on December 18 and 19, highlighting a light day for Asia-Pacific economic activity.
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Dollar Rises Against Major Counterparts Ahead Of Fed Policy Announcement
The U.S. dollar firmed against its major counterparts on Tuesday after President Donald Trump announced plans to impose tariffs on imported computer chips, pharmaceuticals, and steel, to encourage domestic production of these goods.
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Canadian Dollar Advances Amid Risk Appetite
The Canadian dollar climbed against its major counterparts in the New York session on Tuesday, as U.S. stocks recovered following a sell-off on Monday.
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Swiss Market Ends Modestly Higher
The Switzerland market closed modestly higher on Tuesday after staying positive right through the day's session with select stocks holding early gains thanks to sustained buying interest.
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