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Virgin Media Inc.: Transaction in Own Shares
Wednesday, June 15, 2011 - 8:32am | 82Virgin Media Inc. (NASDAQ: VMED) today announced the repurchase of 325,000 shares of common stock on 14 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 $31.89 and the lowest price paid per share was $31.56. The...
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Top 4 Stocks In The Broadcasting-Radio Industry With The Highest Revenue
Wednesday, June 15, 2011 - 12:39am | 130Below are the top broadcasting-radio stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Sirius XM Radio Inc (NASDAQ: SIRI) is $2.88 billion. SIRI's PEG ratio is 1.39. The trailing-twelve-month revenue at Entercom Communications Corp (NYSE: ETM) is $393.13...
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SiriusXM to Air Live Broadcast Coverage of U.S. Open Golf Championship
Tuesday, June 14, 2011 - 1:30pm | 36Listeners nationwide will have access to live hole-by-hole coverage from Congressional C.C. in Maryland on ESPN Xtra, SiriusXM channel 85 NEW YORK – June 14, 2011 – Sirius XM Radio (NASDAQ: SIRI) will offer ESPN Radio's live hole-by-hole coverage of [...]
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Bank of America Merrill Lynch Maintains Buy on Cablevision Systems
Tuesday, June 14, 2011 - 9:25am | 98Bank of America Merrill Lynch is out with its report today on Cablevision Systems (NYSE: CVC), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "CVC has the most tightly clustered and profitable subscriber base in the U.S., focused on wealthy New York metro area suburbs...
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Energy Stocks Showing Weakness 06-13-2011
Monday, June 13, 2011 - 6:58pm | 899Cusick's Corner Let's take a look at a major sector -- most notably beaten up is Energy, Crude down $-2.19, and the Energy ETF XLE has broken support. This break is a potential signal that the part of the market that has been outperforming is now under pressure since the Saudis came in and upped...
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Calls Purchased on Liberty Global, Inc.
Monday, June 13, 2011 - 2:28pm | 118Shares of Liberty Global, Inc. (NASDAQ: LBTYA) are lower on the session by 1.39%, currently trading at $41.18. The stock has been moving largely lower over the past two months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying calls on the name today...
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Time Warner Cable to Acquire Cable Systems from NewWave Communications
Monday, June 13, 2011 - 9:02am | 132Time Warner Cable Inc. (NYSE: TWC) and NewWave Communications today announced a definitive agreement under which Time Warner Cable will acquire cable systems serving approximately 70,000 basic video subscribers, 42,000 HSD subscribers, and 26,000 phone subscribers in Kentucky and western Tennessee...
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Deutsche Bank Increases PT from $41 to $44 on Cablevision Systems
Monday, June 13, 2011 - 7:32am | 75According to a recent report, Deutsche Bank has increased the price target on Cablevision System (NYSE: CVC) from $41.00 to $44.00 and reaffirms a Buy rating on the company based on Deutsche Bank's DCF analysis. In the report, Deutsche Bank said, "CVC enjoys a unique cable footprint with dominant...
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Deutsche Bank Changes PT On CVC, DRI
Monday, June 13, 2011 - 5:53am | 42Deutsche Bank has changed price targets on the following companies: Cablevision Systems (NYSE: CVC) from $41 to $44, Buy rating Darden Restaurants (NYSE: DRI) from $50 to $47, Hold rating
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Time Warner Cable Statement Regarding "Future of Media" Report Issued by the FCC
Friday, June 10, 2011 - 10:17am | 96“Time Warner Cable (NYSE: TWC) is pleased that the FCC's staff report, “Information Needs of Communities: The Changing Media Landscape in a Broadband Age,” recognizes the valuable contribution that our 24/7 cable news channels are making in local communities across the country. We are also...
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Virgin Media Inc.: Transaction in Own Shares
Friday, June 10, 2011 - 8:31am | 82Virgin Media Inc. (NASDAQ: VMED) today announced the repurchase of 230,000 shares of common stock on 9 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 $32.26 and the lowest price paid per share was $31.59. The...
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Benzinga's Top Pre-Market NASDAQ Losers
Friday, June 10, 2011 - 8:25am | 129Diana Containerships Inc (NASDAQ: DCIX) dipped 7.17% to $7.38 in the pre-market session. DCIX priced its public offering of 14,250,000 shares of its common stock at a price to the public of $7.50 per share. Life Partners Holdings Inc (NASDAQ: LPHI) dropped 7.16% to $3.50 in the pre-market trading...
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Gregg Seibert Named Cablevision CFO
Thursday, June 9, 2011 - 4:14pm | 52Cablevision Systems Corporation (NYSE: CVC) today announced that Gregg Seibert has assumed the role of chief financial officer in addition to his other responsibilities as Cablevision executive vice president. The transition follows Michael Huseby's resignation as Cablevision executive vice...
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Options Brief: Cablevision Systems Corporation
Thursday, June 9, 2011 - 11:55am | 84Shares of Cablevision Systems Corporation (NYSE: CVC) are lower on the session by 1.02%, trading at $35.62. Overall put volume is now running at 2.87x the daily average, with 67% of all puts traded being purchases on the offer. 1,225 contracts have traded on the session so far. Cablevision...
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UPDATE: Miller Tabak Color on Sirius XM Radio PT Increase
Thursday, June 9, 2011 - 8:23am | 147Miller Tabak, which raised its PT on shares of Sirius XM Radio (NASDAQ: SIRI), is providing color on the stock. “We are slightly decreasing our Sirius XM Radio estimates to reflect 1Q11 results that missed expectations due to a higher mix of paid promotional subs and customer retention efforts,”...