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Deutsche Bank Reaffirms Buy Rating On Comcast (CMCSA)
Thursday, May 5, 2011 - 7:39am | 96In a recent report, Deutsche Bank reaffirms a buy rating on Comcast (NASDAQ: CMCSA) and flags CMCSA due to overly strong cable trends. In the report, Deutsche Bank said, "We would take advantage of Comcast's stock weakness post earnings. In our view, Cable trends are too strong for the stock to...
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US Stock Futures Down As Investors Await GM Earnings, Retail Sales Data, ECB Meeting; Lloyds Shares Drop In Pre-Market Trading
Thursday, May 5, 2011 - 6:32am | 751US stock futures are lower this morning, as investors are awaiting earnings from General Motors Co (NYSE: GM), same-store sales data and a meeting of the European Central Bank (ECB). Futures on the Dow Jones Industrial Average dropped 25 points to 12,647.00 and futures on the S&P 500 stock...
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Earnings Scheduled For May 5 (SLE, GM, V, AIG, CI, FLR, KFT, EP, EL, MHK, DTG, CVS, FIG, SUN, OWW, PSA, RNWK, IT, FO, PCLN, PGN, DTV, TDC)
Thursday, May 5, 2011 - 12:33am | 609Sara Lee Corp (NYSE: SLE) is estimated to post its Q3 EPS at $0.25 on revenue of $2.23 billion. General Motors Company (NYSE: GM) is projected to report its Q1 EPS at $0.93 on revenue of $35.59 billion. Visa Inc (NYSE: V) is expected to post its Q2 earnings at $1.20 per share on revenue of $2....
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Liberty Global Reports Q1 Revenues $2.43B vs. $2.44B Estimate (LBTYA)
Wednesday, May 4, 2011 - 5:03pm | 19Liberty Global (NASDAQ: LBTYA) Reports Q1 Revenues $2.43B vs. $2.44B Estimate
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Zings Of The Day (CBS)
Wednesday, May 4, 2011 - 3:51pm | 102CBS (NYSE: CBS) reported better than expected earnings last night, and doubled its dividend, as free cash flow increased in the quarter. That is what I like to call #winning, not what you've done Charlie Sheen. Portugal agreed to a $116 billion bailout to help its troubled economy. Of course it'...
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BMC Software and Red Hat Expand Partnership to Offer Customer Choice in Hybrid Cloud Infrastructure and Management
Wednesday, May 4, 2011 - 12:43pm | 132Shaw Communications (NYSE: SJR) announced today that the Class B Shares distributed under its Dividend Reinvestment Plan will be new shares issued from treasury and that it will offer a 2% discount under its DRIP, each effective for dividends declared to be payable on May 30, 2011 and subsequently...
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UBS Reiterates CBS Buy, Raises PT To $30 (CBS)
Wednesday, May 4, 2011 - 12:11pm | 46UBS reiterated its CBS (NYSE: CBS) Buy rating and raised its CBS price target from $28 to $30 in a research report published today. Shares of CBS were trading at $26.63 at the time of posting, up 5.51% from Tuesday's market close.
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BGB Securities Reiterates Sirius XM Radio Buy, Raises PT To $2.40 (SIRI)
Wednesday, May 4, 2011 - 11:08am | 132BGB Securities reiterated its Sirius XM Radio (NASDAQ: SIRI) Buy rating and raised its Sirius price target from $2 to $2.40 in a research report published today. In the report, BGB Securities states, "Sirius posted a solid quarter, with adjusted EBITDA exceeding expectations, though revenues fell...
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Sirius XM Does A Channel Shuffle
Wednesday, May 4, 2011 - 10:38am | 205Satellite radio listeners that attempted to tune into their favorite Sirius XM (NASDAQ: SIRI) outlaw country, Bruce Springsteen or soul channel this morning may have struggled due to the fact that the company rearranged their channels today. The reasoning, in fact, is sound. Since the merger...
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J.P. Morgan Maintains Overweight Rating And Increases PT on CBS
Wednesday, May 4, 2011 - 8:56am | 107In a recent report, J.P. Morgan has maintained an overweight rating on CBS (NYSE: CBS) and increased the price target from $26.00 to $29.00. In the report, J.P. Morgan said, "We're maintaining our Overweight rating on CBS. In Q1,11, revenues slipped 1% while EBITDA jumped 64%. We had been modeling...
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Deutsche Bank Raises PT On CETV To $28
Wednesday, May 4, 2011 - 8:35am | 26Deutsche Bank has raised the price target on CME (NASDAQ: CETV) from $24 to $28 and maintains its Buy rating.
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Deutsche Bank Reports Terrific 1Q And Reaffirms Buy On Comcast (CMCSA)
Wednesday, May 4, 2011 - 8:04am | 87Deutsche Bank has published a research report on Comcast's (NASDAQ: CMCSA) terrific 1Q and reaffirms buy rating on the cable & satelilite company. In the report, Deutsche Bank said, "1Q11 cable results were very strong, both relative to peers/competitors and valuation. Leading the industry,...
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Sinclair Broadcast Group Reports EPS of $0.19 vs. $0.18 Estimate; Revenues $179.5M vs. $180.73M Estimate
Wednesday, May 4, 2011 - 7:36am | 23Sinclair Broadcast Group (NASDAQ: SBGI) Reports EPS of $0.19 vs. $0.18 Estimate; Revenues $179.5M vs. $180.73M Estimate
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Oppenheimer Maintains Outperform On Comcast After Earnings (CMCSA)
Wednesday, May 4, 2011 - 7:34am | 159Oppenheimer & Co. has an Outperform rating and a $30 price target on shares of Comcast (NASDAQ: CMCSA) after it reported earnings. In a note to investors, Oppenheimer writes, "As we expected, 1Q11 results are confusing given the close of the NBC Universal acquisition. This quarter consolidates...
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Comcast CEO Roberts Comments on CNBC about Comcast Earnings (CMCSA)
Wednesday, May 4, 2011 - 7:29am | 313Comcast (NASDAQ: CMCSA) CEO Roberts was on CNBC earlier today to comment on the company's earnings announcement yesterday. Comcast reported an EPS of $0.36 versus the Street's $0.34 estimate, with revenues of $12.13B versus the Street's $12.99B estimate. See that earnings announcement here....