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Comcast To Launch Internet Essentials Fall 2011, According To Oppenheimer
Wednesday, June 1, 2011 - 7:46am | 70Oppenheimer has published a report on Comcast's (NASDAQ: CMCSA) launch of Internet Essentials this fall. In the report, Oppenheimer writes "Comcast announced its $10/month Internet Essentials broadband program will go live this fall. The program will be available to households making less than $...
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Bloomberg To File FCC Complaint Against Comcast, Says Oppenheimer
Wednesday, June 1, 2011 - 7:43am | 77Oppenheimer has published a report on Bloomberg's recent announcement to file an FCC Complaint against Comcast (NASDAQ: CMCSA). In the report, Oppenheimer writes "Per Ad Age, Bloomberg intends to file a complaint with the FCC accusing Comcast of failing to comply with condition for its takeover of...
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Piper Jaffray Reiterates Overweight and PT of $55 on Scripps Networks Interactive
Wednesday, June 1, 2011 - 7:31am | 82Piper Jaffray reiterated its Overweight rating on Scripps Networks Interactive (NYSE: SNI). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $55. In a research report published today, Piper Jaffray states, "We maintain our Overweight rating and $55 price...
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Gilford Securities Reiterates Nexstar Broadcasting Hold
Tuesday, May 31, 2011 - 4:58pm | 103Gilford Securities reiterated its Nexstar Broadcasting (NASDAQ: NXST) Hold rating in a research report published today. Gilford Securities has previously given Nexstar Broadcasting a $9 price target. In the report, Gilford Securities states, "Investors like it when a CEO is buying shares of his...
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iCloud: Apple's Perfect Storm Against Dropbox, Google, and Amazon Cloud?
Tuesday, May 31, 2011 - 2:48pm | 875A storm is coming next week. But will it turn out to be the tornado feared by Apple (NASDAQ: AAPL) competitors, or merely a rainstorm that only cools things off temporarily? Neither outcome would be unprecedented. Despite its many success stories, Apple is not an infallible corporation. While the...
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Good looking charts on the long side
Friday, May 27, 2011 - 6:26pm | 1896( click to enlarge ) DISH Network Corp. (NASDAQ:DISH) finally broke out today but the volume was not as high as expected. Meanwhile, the stock closed near the highs of the day on Friday and further upside is expected to be seen next week. ( click to enlarge ) Oncothyreon Inc. (NASDAQ:ONTY...
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5 Stocks For The Champions League
Friday, May 27, 2011 - 1:19pm | 313This weekend, Manchester United and Barcelona will compete in the Champion's League Final to take the title Champion of Europe. Americans – this IS a big deal. Worldwide, this game is bigger than the Super Bowl. So take note. It's not a girl's game. It's not a child's game. Real grown men play...
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Comcast Interactive Capital and Peacock Equity Fund Combine to Form Comcast Ventures
Thursday, May 26, 2011 - 11:05am | 183Comcast Corporation (Nasdaq: CMCSA) today announced that it has combined Comcast Interactive Capital, the venture capital affiliate of the company, with the Peacock Equity Fund, formerly the venture capital affiliate of NBCUniversal and General Electric, into a newly combined fund called Comcast...
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Wunderlich Securities Comments on Liberty Global
Thursday, May 26, 2011 - 10:30am | 124Wunderlich Securities provided color on Liberty Global (NASDAQ: LBTYA) in a research report published today. Wunderlich Securities has previously given Liberty Global a Buy rating and $53 price target. In the report, Wunderlich Securities states, "An agreement to sell 54%-owned Aussie satcaster...
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Citi Adds CMCSA To Top Picks
Thursday, May 26, 2011 - 8:47am | 92Citi is maintaining its Buy rating and its $29 price target on Comcast Corp. (NASDAQ: CMCSA) as it adds the stock to its Top Picks Live. According to Citi, “We finally made it through the pro forma financials for Comcast and NBCU. While there were a number of changes to our model, the aggregate...
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Hyundai to Offer Introductory Subscription to XM on Certified Pre-Owned Vehicles
Tuesday, May 24, 2011 - 10:02am | 100Sirius XM Radio (NASDAQ: SIRI) and Hyundai Motor America today announced that consumers across the United States will receive a 3-month introductory subscription to XM when they purchase Hyundai Certified Pre-Owned vehicles factory equipped with XM. "Hyundai drivers have come to expect high...
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Gabelli Maintains Buy on Sinclair Broadcast Group-A
Tuesday, May 24, 2011 - 9:58am | 90Gabelli is out with its report today on Sinclair Broadcast Group-A (NASDAQ: SBGI), maintaining Buy. In a note to clients, Gabelli writes, "Buy. SBGI trades at 7.2x this year's estimated EBITDA and 6.1x 2012 projections with BCF multiples of 6.4x and 5.5x, respectively. The balance sheet is much...
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Benchmark Comments On Fox Cancellation Of Nexstar
Monday, May 23, 2011 - 8:29am | 140According to Benchmark, Nexstar Broadcasting Group (NASDAQ: NXST) currently trades at 8x our 2011E EBITDA of $101 million, below the 10x-12x historical range but at a slight premium to other television broadcasting companies. Benchmark said that last Thursday, FOX Television Network announced...
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Benzinga's Top Pre-Market NASDAQ Losers
Monday, May 23, 2011 - 8:24am | 117Apollo Investment Corporation (NASDAQ: AINV) dipped 3.93% to $10.75 in the pre-market session. AINV's PEG ratio is 2.07. LM Ericsson Telephone Company (NASDAQ: ERIC) fell 3.85% to $14.47 in the pre-market session. Analysts at Bank of America Merrill Lynch downgraded ERIC from “neutral” to “...
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Sinclair Broadcast Group Acquires "Ring of Honor" Wrestling Franchise
Monday, May 23, 2011 - 8:03am | 156Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," announced today that it has acquired the "Ring of Honor" wrestling franchise. Ring of Honor is the third largest wrestling promotion in the country. "We are very excited about this acquisition," commented Steve Marks, COO...