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Options Brief: Virgin Media
Thursday, July 14, 2011 - 10:38am | 69Shares of Virgin Media (NASDAQ: VMED) are higher on the session by 2.49%, trading at $28.41. Overall call volume is now running at 16.85x the daily average, with 0% of all calls traded being purchases on the offer. 30,010 contracts have traded on the session so far. Virgin Media Inc. is engaged...
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DirecTV and DISH Network Still Racing Higher
Thursday, July 14, 2011 - 8:03am | 501In the wake of news of Netflix's (NASDAQ: NFLX) price increase, satellite TV providers DirecTV (NASDAQ: DTV) and DISH Network (NASDAQ: DISH) reached new 52-week highs of $53.40 and $32.56 per share, respectively, in Wednesday's trading session. DirecTV has an active share buyback program, and...
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Nexstar Broadcasting Acquires Internet Technology Provider GoLocal.Biz in Accretive Transaction
Thursday, July 14, 2011 - 7:02am | 208Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that it has acquired the assets of Internet technology provider GoLocal.Biz. Though financial terms were not disclosed, the acquisition of GoLocal.Biz, which provides local business directory, coupon, movie and entertainment listings...
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Stocks Going Ex Dividend the Third Week of July
Wednesday, July 13, 2011 - 11:42pm | 834Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Netflix Hikes Prices: What Consumers and Investors Need to Know
Wednesday, July 13, 2011 - 7:06am | 406Netflix Inc. (NASDAQ: NFLX) announced Tuesday that the price of its services - DVD mail delivery and online video streaming - would increase for all members by September. The move has ramifications across the media and content distribution industry, and investors and consumers quickly devoured the...
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It's Getting Chop in Here 07-11-2011
Monday, July 11, 2011 - 6:28pm | 901Cusick's Corner What does an animal do when it is cornered? It gets scared, might even cower, but more times than not it fights back which could best characterize the longs that are in this market now. VIX popped this morning, +15.4%, and the longs that were recently entering the market are in...
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Spanish Broadcasting System Announces 1-for-10 Reverse Stock Split
Monday, July 11, 2011 - 4:27pm | 139Spanish Broadcasting System, Inc. (Nasdaq: SBSA) announced today that its Board of Directors, as authorized by the Company's stockholders, will implement a one-for-ten reverse stock split of its common stock. The Company filed a charter amendment to implement the reverse stock split, which will...
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Options Brief: Sirius XM Radio
Monday, July 11, 2011 - 1:35pm | 86Shares of Sirius XM Radio (NASDAQ: SIRI) are lower on the session by 0.27%, trading at $2.215. Overall call volume is now running at 2.05x the daily average, with 69% of all calls traded being purchases on the offer. 43,222 contracts have traded on the session so far. Sirius XM Radio Inc. is...
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Top 4 Stocks In The Broadcasting-TV Industry With The Highest Revenue
Monday, July 11, 2011 - 11:36am | 119Below are the top broadcasting-TV stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at CBS Corporation (NYSE: CBS) is $14.04 billion. CBS' operating margin for the same period is 15.13%. The trailing-twelve-month revenue at Grupo Televisa SA (NYSE: TV) is $5...
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NASDAQ Stocks Hitting 52-Week Lows
Monday, July 11, 2011 - 10:28am | 137TORM A/S (NASDAQ: TRMD) shares fell 4.15% to create a new 52-week low of $3.70. TRMD's trailing-twelve-month ROE is -15.75%. SMART Technologies Inc (NASDAQ: SMT) shares dropped 0.73% to create a new 52-week low of $5.45. SMT's trailing-twelve-month profit margin is 8.78%. RRSat Global...
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Benzinga's Top Pre-Market NASDAQ Gainers
Monday, July 11, 2011 - 8:46am | 123Kandi Technolgies Corp (NASDAQ: KNDI) shares advanced 12.03% to $2.05 in the pre-market session. KNDI signed a strategic cooperation agreement with Hangzhou Electric Vehicle Service Co Ltd. Micromet Inc (NASDAQ: MITI) shares advanced 5.21% to $6.06 in the pre-market session. MITI entered into a...
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BMC Initiates Cablevison Systems at Hold
Monday, July 11, 2011 - 8:32am | 93BMC is out with its report today on Cablevision Systems (NYSE: CVC), initiating CVC at Hold. In a note to clients, BMC writes, "Cablevision to us is a strong operator with a good management team. A concentrated footprint, attractive marketplace, and robust infrastructure will aid in the launch of...
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UPDATE: BMC Initiates Time Warner Cable at Hold
Monday, July 11, 2011 - 8:27am | 131BMC is out with its report today on Time Warner Cable (NYSE: TWC), initiating TWC at Hold with a $93 PT. In a note to clients, BMC writes, "To us Time Warner Cable is a strong operator with a good management team. The company benefits from economies of scale and has levels of service penetration...
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UPDATE: BMC Initiates DISH Network at Buy
Monday, July 11, 2011 - 8:22am | 141BMC is out with its report today on DISH Network (NASDAQ: DISH), initiating DISH at Buy. In a note to clients, BMC writes, "We are initiating coverage of The DISH Network with a Buy rating and a $41 targe price. DISH is our top pick because we believe: (1) the recent acquisitions of wireless...
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Benzinga's Top Pre-Market NASDAQ Gainers
Monday, July 11, 2011 - 8:15am | 123Kandi Technolgies Corp (NASDAQ: KNDI) shares advanced 12.03% to $2.05 in the pre-market session. KNDI signed a strategic cooperation agreement with Hangzhou Electric Vehicle Service Co Ltd. Micromet Inc (NASDAQ: MITI) shares advanced 5.21% to $6.06 in the pre-market session. MITI entered into a...