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Miller Tabak Raises PT On Sirius XM To $2
Thursday, June 9, 2011 - 6:06am | 27Miller Tabak has raised the price target on Sirius XM (NASDAQ: SIRI) from $1.80 to $2 and maintains its Neutral rating.
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Wunderlich Maintains Buy on Comcast
Wednesday, June 8, 2011 - 9:13am | 90Wunderlich is out with its report today on Comcast (NASDAQ: CMCSA), maintaining Buy. In a note to clients, Wunderlich writes, "Even sans Dick Ebersol, NBC Universal emerged as the winner for a lockdown four-Olympiad bid of $4.38bn for the 2014 through 2020 games. This was about $800mm more than...
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Stocks Going Ex Dividend the Third Week of June
Tuesday, June 7, 2011 - 9:36pm | 772Here 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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NBC Wins TV Rights For Next 4 Olympics
Tuesday, June 7, 2011 - 12:52pm | 68CNBC's Darren Rovell just said that NBC has won the TV rights for the next four Olympics. This comes as somewhat of a shock, as NBC Sports President Dick Ebersol left the company, and many thought the bid to be dead. NBC is now majority owned by Comcast (NASDAQ: CMCSA). At last check, shares of...
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Wunderlich Securities Provides Color on Comcast Corporation, Buy
Monday, June 6, 2011 - 8:25am | 131Wunderlich Securities provided color on Comcast Corporation (NASDAQ: CMCSA) ahead of the bidding for the TV coverage of the 2014 Winter Games in Sochi, Russia, and 2016 Summer Games in Rio de Janeiro, Brazil. Comcast is making a joint bid with NBC Universal. In a research report published today,...
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Morgan Stanley Reiterates Equal-weight on DISH Network, Raises PT to $33
Monday, June 6, 2011 - 8:05am | 97Morgan Stanley reiterated its Equal-weight rating on DISH Network (NASDAQ: DISH). At the same time, Morgan Stanley raised its price target on the company's stock from $25 to $33. In a research report published today, Morgan Stanley states, "Since our last published estimates and valuation, DISH...
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Morgan Stanley Raises PT On DISH Network To $33
Monday, June 6, 2011 - 6:27am | 27Morgan Stanley has raised the price target on DISH Network (NASDAQ: DISH) from $25 to $33 and maintains its Equal-Weight rating.
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Scripps Networks Interactive Completes Divestiture of Shopzilla
Thursday, June 2, 2011 - 4:18pm | 58Scripps Networks Interactive Inc. (NYSE: SNI) today completed the sale of Shopzilla Inc. to Symphony Technology Group. Symphony, a strategic private equity company, acquired all of the outstanding shares of Shopzilla for $165 million, comprised of $150 million in cash paid immediately upon...
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Sinclair Re-elects Board, Ratifies and Approves Other Proposals
Thursday, June 2, 2011 - 12:46pm | 221Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced today that its shareholders re-elected its eight Directors at the Company's Annual Shareholders' meeting held today. The re-elected Directors are: Mr. David D. Smith, Chairman of the Board, CEO and President of Sinclair; Mr. Frederick G....
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Top 4 Large-Cap Stocks In The CATV Systems Industry With The Lowest PEG Ratio
Thursday, June 2, 2011 - 12:50am | 119Below are the top large-cap CATV systems stocks on the NYSE and the NASDAQ in terms of PEG ratio DIRECTV (NASDAQ: DTV) has a PEG ratio of 0.61. DTV's trailing-twelve-month ROE is 182.44%. Liberty Global Inc (NASDAQ: LBTYA) has a PEG ratio of 0.67. LBTYA's trailing-twelve-month operating margin is...
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Technicians See Hanging Man 06-01-2011
Wednesday, June 1, 2011 - 3:50pm | 945Cusick's Corner This is not a healthy move in the market today -- the S&Ps broke Tuesday's lows. Technicians called yesterday's move a "hanging man" which is a confirmed bearish bar when the market the next day slices through the low of the previous day. The ISM could be the catalyst, showing...
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Gilford Securities Reiterates Entercom Communications Hold
Wednesday, June 1, 2011 - 3:19pm | 51Gilford Securities reiterated its Entercom Communications (NYSE: ETM) Hold rating in a research report published today. Gilford Securities has previously given Entercom Communications a $10 price target. Shares of Entercom Communications were trading at $8.56 at the time of posting, down 7.66%...
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Comcast to Buy Blackstone's Stake in Universal Orlando
Wednesday, June 1, 2011 - 11:45am | 202Comcast Corp. (NASDAQ: CMCSA) plans to purchase Blackstone Group's (NYSE: BX) stake in Universal Orlando, sources familiar with the situation said Tuesday. Comcast is expected to pay between $1 billion and $1.5 billion for Blackstone's half of the theme park. In March, Blackstone offered to sell...
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DISH, ERTS Poised for Continuation After Breakouts
Wednesday, June 1, 2011 - 8:38am | 317Today I am looking at two long set-ups I see on the charts this morning, DISH Network Corp. (DISH) and Electronic Arts Inc. (ERTS). Both stocks broke out yesterday above resistance. Look for entry on any short term weakness. I would want to see ERTS hold the breakout of $24 with upside targets of...
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Nexstar Broadcasting CEO Buys Stock in Company
Wednesday, June 1, 2011 - 7:52am | 95According to a recent report from Gilford Securities, Nexstar Broadcasting (NASDAQ: NXST) CEO, Perry Sook has purchased nearly 23,000 shares of stock at $6.96 per share. Sook has a history of purchasing a large number of his company shares and currently owns around 2.13MM shares. In the report,...