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Wunderlich Lowers PT on DISH Network to $27
Thursday, August 25, 2011 - 5:13am | 27Wunderlich Securities has lowered the price target on DISH Network (NASDAQ: DISH) from $31 to $27 and maintains its Hold rating.
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Time To Look At CBS Again?
Wednesday, August 24, 2011 - 2:41pm | 609With the recent equity market volatility, shares across every sector have fallen sharply. That does not mean that fundamentals have changed that much, especially for the media companies. In fact, CBS (NYSE: CBS) appears to be getting stronger, not weaker, and the recent pullback in shares could...
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Barrington Research Reaffirms Time Warner Cable Outperform, PT
Wednesday, August 24, 2011 - 11:01am | 77Barrington Research reaffirmed its Time Warner Cable (NYSE: TWC) Outperform rating and $85 price target in a research report published today. In the report, Barrington Research states, "We continue to expect that by 2013 the corporate gross margin dollar mix will begin to tip toward high-speed...
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Multiband Signs Four-Year MDU Contract with DIRECTV
Tuesday, August 23, 2011 - 7:05am | 82Multiband Corporation, (NASDAQ: MBND) today announced that it has entered into a new, four-year contract with DIRECTV (NASDAQ: DTV) to provide operator support services to system operators across the country. Multiband is currently the largest support services provider for DIRECTV and this...
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Emmis Enters Partnership with MediaLeaders for Social Media Training
Monday, August 22, 2011 - 11:01am | 117Emmis Communications Corporation (Nasdaq: EMMS) has entered a partnership with LA-based MediaLeaders to enhance the use of social media to grow revenue and audience share in both our terrestrial and digital platforms. "Emmis' partnership with MediaLeaders allows us to arm our employees with a...
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Google Still Wants Hulu, Willing to Pay $2 Billion; Amazon, Yahoo! and DirecTV on Board as Well?
Monday, August 22, 2011 - 6:46am | 280But isn't that chump change compared to what Hulu is or will be worth? The Wall Street Journal (via Business Insider) reports that Google (NASDAQ: GOOG) is still aggressively seeking ownership of Hulu. With a price tag ranging from a paltry $500 million to a questionably low $2 billion, Google...
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Notable Call Options Activity in Cablevision Systems
Friday, August 19, 2011 - 1:36pm | 97Shares of Cablevision Systems (NYSE: CVC) are lower on the session by 0.76%, currently trading at $17.04. The stock has been moving largely lower over the past three months and is currently trading below at the 50-day average. Options traders are focusing on calls today. A short while ago the...
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A Peek Into The Market Before The Trading Starts
Friday, August 19, 2011 - 6:34am | 425Pre-open movers US stock futures are lower this morning, after the global equity markets plunged over growth fears. Futures for the Dow Jones Industrial Average dipped 191 points to 10,826.00 and S&P 500 index futures fell 22.50 points to 1,121.00. Nasdaq 100 futures dropped 42.25 points to 2,...
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Sprint Said to be in Discussions with Cable Companies Regarding Clearwire Buyout -Bloomberg
Friday, August 19, 2011 - 6:29am | 104Sprint Nextel (NYSE: S) is rumored to be in talks with cable companies including Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) about a possible investment that may lead to an acquisition of Clearwire (NASDAQ: CLWR), according to sources. Sprint would use the investment to buy the...
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Notable Put Options Activity in Virgin Media
Thursday, August 18, 2011 - 9:34am | 94Shares of Virgin Media (NASDAQ: VMED) are lower on the session by 4.46%, currently trading at $24.20. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on puts today. A short while ago the...
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UPDATE: Citi Lowers PT on Liberty Global from $55 to $50
Thursday, August 18, 2011 - 7:16am | 100Citi has published a research report on Liberty Global Inc (NASDAQ: LBTYA) lowering the price target. In the report, Citi wrote, "Back in '08, Western Europe (WE) generated just 29% of LGI's revenues. With acquisition of Unitymedia, KBW and Aster and the disposition of J-COM, Austar and Slovenia,...
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Citigroup Lowers PT On Liberty Global To $50
Thursday, August 18, 2011 - 5:05am | 26Citigroup has lowered the price target on Liberty Global (NASDAQ: LBTYA) from $55 to $50 and maintains its Buy rating.
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DirectTV's NFL Sunday Ticket Service to be Available on Sony PlayStation
Wednesday, August 17, 2011 - 2:31pm | 49DirectTV (NASDAQ: DTV) announced both current DirectTV NFL Sunday Ticket customers and fans who can't get DirectTV will have the option of watching NFL games through Sony's (NYSE: SNE) PlayStation 3 computer entertainment system.
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Cable Companies Concerned Over Google's Motorola Acquisition
Wednesday, August 17, 2011 - 10:47am | 131The cable industry is closely watching Google's (NASDAQ: GOOG) acquisition of Motorola Mobility Holdings (NYSE: MMI), the largest supplier of set-top cable boxes. Concerns over privacy and net-neutrality issues are foremost on cable operators minds as the purchase will mean Google will now have...
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LIN Media Announces Brett Jenkins as Chief Technology Officer
Tuesday, August 16, 2011 - 8:34am | 45LIN Media (NYSE: TVL) today announced that Brett Jenkins has been appointed to Vice President Chief Technology Officer, a new management position that was established to advance the company's information technology strategies and opportunities for business development.