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Unusual Volume Toppers (STST, APWR, CMCSK, RMBS, HGSI, TRGT, CAGC, SNPS, PLCE)
Thursday, December 3, 2009 - 4:05pm | 199Argon St. Inc. (NASDAQ: STST) led the volume spike race with 540% increase in its volume over the average volume. The share price was up by 5.4%. Argon (STST) was followed by A-Power Energy Generation Systems, Ltd. (NASDAQ: APWR). The A-Power Energy stock registered 355% increase in volume...
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Company News for December 03, 2009 - Corporate Summary
Thursday, December 3, 2009 - 10:24am | 146• Comcast/GE confirmed the $30 billion Universal deal, with Comcast (NASDAQ:CMCSA) owning and 49% General Electric (NYSE:GE) ownership • Bank of America (NYSE:BAC) upgraded Weyerhaeuser (NYSE:WY) to "buy" from "neutral" with a price target of $47, up from $41 • Toll Brothers (NYSE:TOL) reported a...
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Comcast To Buy Majority Stake in NBC Universal
Thursday, December 3, 2009 - 9:02am | 169Today, Comcast Corporation (NASDAQ: CMCSA) struck a deal to acquire a majority stake in NBC Universal from General Electric Company (NYSE: GE) which will create one of the biggest media companies in the world, rivaling Walt Disney (NYSE: DIS). Under the terms of the transaction, Comcast, the...
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Comcast (CMCSA) To Acquire Majority Stake In NBC Universal (GE)
Thursday, December 3, 2009 - 9:00am | 111The U.S.A.’s largest cable-television company, Comcast Corp (NASDAQ: CMCSA), is set to acquire a 51% stake in NBC Universal (NYSE: GE). The entertainment company is valued at approximately $37 billion, and the new entity will be led by Jeffrey Zucker. This move is part of Comcast’s strategy to...
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GE, Comcast to Announce NBCU Deal
Thursday, December 3, 2009 - 8:42am | 113General Electric Co and Comcast Corp (NASDAQ: CMCSA) are set to announce a joint venture on Thursday morning that would give the cable company eventual control of NBC Universal in this year's biggest media deal. The deal values NBC Universal at about $30b and Comcast’s cable networks at $7.25b,...
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Fast Money Picks For Wednesday (GD, CVC, CBS, WHR)
Tuesday, December 1, 2009 - 8:01pm | 125CNBC's Fast Money Joe Terranova wants to buy General Dynamics (NYSE: GD). He is encouraged by the speech Obama made on Afganistan. General Dynamics (GD) gained 1.88% and closed at $67.14. Guy Adami would buy Cablevision Systems Corporation (NYSE: CVC) as he believes they might become a takeover...
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Comcast, GE Finalize NBC-Universal Deal
Tuesday, December 1, 2009 - 3:58pm | 72Comcast (Nasdaq: CMCSA) and General Electric (NYSE: GE) have finalized a deal where cable giant Comcast will take a 51% stake in GE's NBC-Universal media business, according to a report that just aired on CNBC. CNBC quoted sources that said there is nothing left to do on the deal aside from some...
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GE, Vivendi Deal Paves Way for NBC Sale to Comcast(CMCSA)
Tuesday, December 1, 2009 - 7:09am | 106General Electric Co.'s agreement to buy out the rest of NBC Universal paves the way for it to sell control of the TV and movie company to Comcast Corp.(NASDAQ: CMCSA) in a deal that promises to reshape the entertainment industry. GE will pay slightly less than the $6b that French media...
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General Electric Enters Tentative Deal With Vivendi For NBC Universal Shares (GE, CMCSA)
Monday, November 30, 2009 - 9:54pm | 161General Electric Co. has come to a tentative deal with Vivendi (EPA: VIV) for the French Company’s minority stake in NBC Universal. The article reports that the two companies have come to an agreement to value Vivendi’s stocks at $5.8 billion and selling the 20% stake of the company to General...
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Fortune: Yacktman Fund (YACKX) - Patience & Contrarian Style Pays Off
Sunday, November 29, 2009 - 11:17am | 1781I always enjoy reading success stories from the "little guy", especially in such a field as mutual funds which are dominated by giants. [Sep 21, 2009: BW - The Beauty of Small Boutique Mutual Funds] Further, I am always on the look out for fund managers who employ a completely variant strategy to...
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Sale of NBC Universal To Comcast Close After GE And Vivendi Talks (GE, CMCSA)
Wednesday, November 25, 2009 - 10:45pm | 145General Electric Co. (NYSE: GE) is close to selling its shares of NBC Universal to Comcast Corp. (NASDAQ: CMCSA) General Electric CEO Jeffrey Immelt met with Vivendi CEO Jean Bernard Levy in France to talk about the sale. The talks are supposed to help get Vivendi to agree on a value for the...
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CBS (CBS) Grabs Adam Lambert
Wednesday, November 25, 2009 - 11:59am | 193CBS Corporation (NYSE: CBS) has converted “The Early Show” into the “Adam Lambert Show” and booked Adam Lambert immediately after ABC’s “Good Morning America” divested the singer from 30 Rock, given his risque sexual performance at Sundays American Music Awards. CBS milked Lambert’s appearance to...
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New 52-Week High Stocks (MDT, ADI, DLTR, DTV, MYL)
Tuesday, November 24, 2009 - 1:09pm | 228Medtronic, Inc. (NYSE: MDT) hits a new 52-week high at $43.65 in today’s morning session. Currently MDT is trading at $42.52, up 5.48%. Today MDT today announced that its second quarter earnings were $868 million, or $0.78 a share. While, revenue increased to $3.8 billion, an increase of 8% from...
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Volume Talks: Hot Stocks on Heavy Volume & Detailed Ratio Put Spread Option Trade
Friday, November 20, 2009 - 12:51pm | 1672With the market selling off Thursday, there were several stocks that hit my radar which traded higher on abnormal volume. In this post, I will name 12 stocks which fought the trend Thursday November 19, 2009. I will be checking these stocks frequently to see if there is continued buying pushing...
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Liberty (LMDIA) Looking For Buyers For DirecTV (DTV)
Friday, November 20, 2009 - 8:56am | 265Appointment of a new CEO at DirecTV Group Inc (NASDAQ: DTV) could be a signal for its possible takeover. Michael White, who was earlier with PepsiCo (NYSE: PEP), has no experience in pay TV, and is apparently a "baby-sitter" for the company until a possible takeover. Both Verizon Communications Inc...