-
Virgin Media Agrees Exclusive and Groundbreaking Partnership with Spotify
Thursday, July 7, 2011 - 5:20am | 132Virgin Media (NASDAQ: VMED) (LSE: VMED) has announced an exclusive agreement with digital music service Spotify that will make Virgin Media the only digital entertainment provider in the UK to offer the music platform across multiple services. Making listening to and finding new music fantastically...
-
Disney's Iger Offers Color On Hulu Sale
Wednesday, July 6, 2011 - 1:10pm | 204Walt Disney (NYSE: DIS) CEO Bob Iger told reporters at Allen & Co.'s Sun Valley media conference that the owners of Hulu are "committed to selling" the company. This comes on the heels of Hulu's board exploring sale options over the last few weeks. Reports indicate that Hulu is in talks with 8...
-
How to Trade Goldman Sachs and GSV Capital Ahead of Today's Big Facebook Announcement
Wednesday, July 6, 2011 - 12:07pm | 831There has been a ton of hype for what has been deemed an “awesome” new feature coming to Facebook this week. Whatever that feature is, the world won't have to wait much longer: the social networking giant is scheduled to make an announcement at 1:00 p.m. EDT today. The latest rumor suggests that...
-
Scotia Capital Maintains Sector Perform on Grupo Televisa S.A.
Wednesday, July 6, 2011 - 9:09am | 93Scotia Capital is out with its report on Grupo Televisa S.A. (NYSE: TV), maintaining Sector Perform. In a note to clients, Scotia Capital writes, "We maintain our 2-SP rating on Televisa following the announcement of its investment in Iusacell despite concerns related to control of the wireless...
-
Cablevision Systems Drops Out of Auction Process for Insight Communications -WSJ
Wednesday, July 6, 2011 - 9:09am | 50While Time Warner Cable (NYSE: TWC) remains an interested buyer for cable operator Insight Communications, Cablevison Systems (NYSE: CVC) has pulled out of the bidding process for now, according to the Wall Street Journal.
-
Calls Purchased on Virgin Media
Tuesday, July 5, 2011 - 10:33am | 107Shares of Virgin Media Inc. (NASDAQ: VMED) are higher on the session by 0.69%, currently trading at $30.45. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short...
-
UPDATE: Morgan Stanley Color on CBS Target Increase
Tuesday, July 5, 2011 - 8:44am | 110Morgan Stanley, which raised its PT on shares of CBS (NYSE: CBS), is providing some color on the stock. “We reiterate our OW rating and raise our Price Target to $33,” Morgan Stanley writes. “CBS continues to benefit from company-specific growth drivers beyond advertising (structural cost...
-
Biggest Pre-Market Winners and Losers
Tuesday, July 5, 2011 - 7:42am | 167Winners: Novozymes A/S (PINK: NVZMF) is up over 6%. Apollo Group (NASDAQ: APOL) is up over 5%. Marathon Oil (NYSE: MRO) is up over 4% after completing spinoff of oil refiner. Dendreon (NASDAQ: DNDN) is up over 3.50%. Cablevision Systems (NYSE: CVC) is up nearly 3.50%. Losers: Discover...
-
Morgan Stanley Raises PT On CBS Corporation To $33
Tuesday, July 5, 2011 - 7:13am | 27Morgan Stanley has raised the price target on CBS Corporation (NYSE: CBS) from $31 to $33 and maintains its Overweight rating.
-
Momentum Stocks For Next Week
Saturday, July 2, 2011 - 5:26pm | 2032( click to enlarge ) Motorola Mobility Holdings Inc (NYSE:MMI) has printed a bullish engulfing candlestick pattern on Friday. May be this is the right time to see a more significant rebound. Volume starts to pick up. Could make a huge move to the upside. Looks like we might bounce back into...
-
Top Ten Highest-Paid CEOs
Friday, July 1, 2011 - 4:28pm | 427Life is good at the top, isn't it? In a time when millions of Americans are unemployed and millions more are vastly underemployed, the very top of the food chain — corporate CEOs — raked in some pretty ridiculous cash. How ridiculous? You could take the top 299 CEOs most recent compensation and,...
-
Why the World Will End if Google Buys Hulu
Friday, July 1, 2011 - 2:58pm | 913R.E.M. once sang about this moment. “It's the end of the world as we know it,” Michael Stipe sang loudly. He repeated those words a few hundred times, just be certain that we got the message. Today, we're getting that message loud and clear. Google (NASDAQ: GOOG) wants to take Hulu off the hands...
-
AMC Networks Becomes a Separate Public Company
Friday, July 1, 2011 - 8:46am | 253AMC Networks Inc. (Nasdaq:AMCX) announced today that its spin-off from Cablevision Systems Corporation (NYSE: CVC) is complete and that AMC Networks is now a separate, public company that trades on NASDAQ as "AMCX." AMC Networks, formerly Rainbow Media Holdings, has changed its name in conjunction...
-
DirecTV and DISH Network to Open Near 52-Week Highs
Friday, July 1, 2011 - 8:39am | 296DirecTV (NASDAQ: DTV) and DISH Network (NASDAQ: DISH) reached new 52-week highs of $51.23 and $30.84 per share, respectively, in Thursday's trading session. DirecTV has an active share buyback program, and Kaufman Bros and Deutsche Bank expect the share price to rise about 20% this year, due in...
-
Benzinga's Top Pre-Market NASDAQ Losers
Friday, July 1, 2011 - 8:26am | 128Central European Media Enterprises Ltd (NASDAQ: CETV) dipped 2.23% to $19.31 in the pre-market session. CETV closed its earlier announced transaction to acquire 100% of the shares of Bontonfilm a.s. from Bancroft Private Equity LLP and minority shareholders. Vodafone Group Plc (NASDAQ: VOD)...