CLASH OF THE TITANS
I know it sounds like a cheap B movie title, but the reality is this is a very real clash between Rupert Murdoch with his powerful NEWS Corp holdings and John Malone with his equally powerful Liberty Media Empire.
Today Liberty Media announced that it had purchased Virgin Media in the UK for a deal valued around $16 billion dollars.
Sir Richard Branson, who is a part owner of Virgin Media, walked away with a cool $316 million in his pocket after handing over his shares. Nice work if you can get it. Today we will be looking at both Liberty Media Corp (LMCA), and News Corp (NWSA) to see which is the best bet in media.
NEW TRADE TRIANGLE COLUMN
You may have noticed the addition of our Trade Triangle column to your Portfolio Manager, as well as some changes to how our Trade Triangles look. You can now quickly view your Portfolio Manager and see the Trade Triangles for all of your portfolio holdings. With just a glance, you can view the new Trade Triangles for the day, which are now highlighted with a yellow box. We show you the date and price the Trade Triangle occurred by hovering over the Triangle with your mouse. We hope you will find these changes to be a huge benefit for your portfolios!
TODAY'S VIDEO NEWSLETTER
In addition to analyzing the major markets, we will be covering six stocks on the move today: Ralph Lauren Corp (RL), First Solar Inc (FSLR), Wyndham Worldwide Corp (WYN), CH Robinson Worldwide (CHRW), Gamestop Corp (GME) and finally, AGL Resources Inc (GAS)
Don't forget to share your comments on our blog.
Have a great trading day,
Adam Hewison
President, INO.com
Co-Creator, MarketClub
Click Here to view today's video
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