-
Calls Purchased on Virgin Media Inc.
Tuesday, June 21, 2011 - 11:08am | 141Shares of Virgin Media Inc. (NASDAQ: VMED) are higher on the session by 2.42%, currently trading at $30.47. 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...
-
GTCR Announces Agreement to Partner with Emmis Communications to Acquire Merlin Media LLC
Tuesday, June 21, 2011 - 9:39am | 162GTCR today announced it has signed a definitive agreement to partner with Emmis Communications Corporation (Nasdaq: EMMS) and Randy Michaels to acquire Merlin Media. Merlin Media has signed definitive documentation with Emmis to acquire the assets of WKQX-FM (101.1 MHz, Chicago, IL), WLUP-FM (97.9...
-
Emmis Announces Agreement to Sell Controlling Interest in Stations to GTCR
Tuesday, June 21, 2011 - 9:25am | 77Emmis Communications Corporation (Nasdaq: EMMS) has announced it has reached an agreement to transfer WKQX-FM (101.1 MHz, Chicago, IL), WLUP-FM (97.9 MHz, Chicago, IL) and WRXP-FM (101.9 MHz, New York, NY) to Merlin Media LLC, a controlling interest of which will be acquired by Chicago-based...
-
Options Brief: Time Warner Cable Inc.
Monday, June 20, 2011 - 2:15pm | 82Shares of Time Warner Cable Inc. (NYSE: TWC) are lower on the session by 0.31%, trading at $74.41. Overall put volume is now running at 2.34x the daily average, with 50% of all puts traded being purchases on the offer. 1,037 contracts have traded on the session so far. Time Warner Cable Inc. is...
-
General Motors Dealers to Offer 3-Month Subscription to SiriusXM on Pre-Owned Vehicles
Monday, June 20, 2011 - 10:08am | 113Every vehicle with factory-installed satellite radio sold by participating GM dealers comes with a subscription to SiriusXM Sirius XM Radio (SIRI) today announced that customers will automatically receive a 3-month subscription to SiriusXM when they purchase a pre-owned vehicle factory [...]
-
General Motors Dealers to Offer 3-Month Subscription to SiriusXM on Pre-Owned Vehicles
Monday, June 20, 2011 - 10:07am | 104Sirius XM Radio (NASDAQ: SIRI) today announced that customers will automatically receive a 3-month subscription to SiriusXM when they purchase a pre-owned vehicle factory installed with satellite radio, regardless of manufacturer, from over 1,000 participating GM (NYSE: GM) dealerships across the...
-
Wunderlich Securities Provides Color on Scripps Networks, Buy
Monday, June 20, 2011 - 7:43am | 152Wunderlich Securities provided color on Scripps Networks Interactive (NYSE: SNI). In a research report published today, Wunderlich stressed positive developments in the company's business. In the report, Wunderlich states, "Buy-rated Scripps Networks Interactive (SNI) rallied 5.9% on Friday after...
-
Puts Purchased on Virgin Media Inc.
Friday, June 17, 2011 - 12:44pm | 111Shares of Virgin Media Inc. (NASDAQ: VMED) are higher on the session by 0.75%, currently trading at $30.10. The stock has been moving largely higher over the past six months and is currently trading above the 200-day moving average. Options traders are buying puts on the name today. A short while...
-
Options Brief: Time Warner Cable Inc.
Friday, June 17, 2011 - 10:15am | 82Shares of Time Warner Cable Inc. (NYSE: TWC) are higher on the session by 2.41%, trading at $74.94. Overall put volume is now running at 2.76x the daily average, with 0% of all puts traded being purchases on the offer. 1,009 contracts have traded on the session so far. Time Warner Cable Inc. is...
-
Virgin Media Announced The Repurchase Of 325,000 Shares Of Common Stock On 16 June 2011
Friday, June 17, 2011 - 8:36am | 84Virgin Media Inc. (NASDAQ: VMED) (LSE:VMED) today announced the repurchase of 325,000 shares of common stock on 16 June 2011 as a part of the Company's capital return program previously announced on 28 July 2010. The highest price paid per share was $31.00 and the lowest price paid per share was $...
-
AMC Networks Announces Offering of $700 Million of Senior Notes
Thursday, June 16, 2011 - 4:05pm | 162AMC Networks Inc., a subsidiary of Cablevision Systems Corporation (NYSE: CVC), today announced that it is planning an offering of $700 million aggregate principal of senior notes due 2021. The senior notes offering is in connection with the previously announced leveraged spin-off of AMC Networks...
-
Bank of America Reiterates Buy Rating on Comcast, Time Warner Cable, and Cablevision
Thursday, June 16, 2011 - 7:31am | 183In a report on the cable and satellite industry, Bank of America reiterated its Buy rating on Comcast Corporation (NASDAQ: CMCSA), Time Warner Cable Inc. (NYSE: TWC), and Cablevision Systems Corporation (NYSE: CVC). “We believe that the industry is responding to current equity market valuations...
-
Canucks-Bruins Stanley Cup Final Airs Nationwide Tonight on SiriusXM
Wednesday, June 15, 2011 - 5:59pm | 35Listeners get access to both Vancouver and Boston radio broadcasts NEW YORK – June 15, 2011 – Sirius XM Radio (NASDAQ: SIRI), the Official Satellite Radio Partner of the NHL®, will offer NHL fans live play-by-play of tonight's Game 7 [...]
-
Pandora IPO Pressures Sirius XM Shares
Wednesday, June 15, 2011 - 10:05am | 84(TheStreet) -- Pandora (NYSE: P) debuts on the New York Stock Exchange Wednesday pressuring Sirius XM (NASDAQ: SIRI) shares. The Internet radio company's initial public offering was priced at $16 a share, significantly more than its indicative range of $10 to $11 a share. The company raised $235...
-
Fisher Communications to Sell Its Great Falls, Montana Radio Stations; Terms Not Disclosed
Wednesday, June 15, 2011 - 9:07am | 50Fisher Communications, Inc. (NASDAQ: FSCI) announced today that it has entered into a definitive agreement to sell its six Great Falls, Montana radio stations to STARadio Corp., which is based in Quincy, Illinois. The financial terms of the transaction were not disclosed.