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5 Trade Ideas for Friday, Aug 12
Thursday, August 11, 2011 - 4:38pm | 2021( click to enlarge ) THQ Inc. (NASDAQ:THQI) - Nice reversal from the lows today. Going long here. RSI is turning which means we are looking at a rebound. Tomorrow, the stock might go above $2. Short-term investors can buy with a stop at $1.80 and long-term investors can hold with a stop at $1...
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Gilford Securities Reiterates Hold Rating on Entercom
Thursday, August 11, 2011 - 1:29pm | 77Gilford Securities is out with a research report this afternoon, where it reiterates its Hold rating on Entercom (NYSE: ETM); it has a $6.00 price target on the stock. The GS analysts cited the company's recent earnings results, which disappointed analysts. Company management noted that better...
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Gray Completes Privately Negotiated Repurchase of 32.56 Shares of its Series D Perpetual Preferred Stock
Thursday, August 11, 2011 - 1:20pm | 80Gray Television (NYSE: GTN) announced that on August 11, 2011 it completed the repurchase of 32.56 shares of its Series D perpetual preferred stock in a private transaction. These shares were repurchased at their liquidation value of $100,000 per share, plus accrued dividends of $1.5 million. The...
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Citi Has Buy On DISH Network
Thursday, August 11, 2011 - 6:32am | 100Citi Investment Research is out with a research report on DISH Network Corp (NASDAQ: DISH) and it has a Buy rating and a $35 price target on shares. In a note to clients, Citi Investment Research writes, "Dish reported revenue of $3.59 billion, up 13.3% versus last year. However, excluding...
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Calls Purchased on DISH Network
Wednesday, August 10, 2011 - 9:12am | 106Shares of DISH Network (NASDAQ: DISH) are lower on the session by 3.99%, currently trading at $21.68. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying calls on the name today. A short while ago...
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Evercore Lowers PT on Cablevision Systems to $21
Wednesday, August 10, 2011 - 8:34am | 83Evercore is out with its report today on Cablevision Systems (NYSE: CVC), lowering its PT to $21 from $25. In its report, Evercore writes, "We lowered our DCF-based price target to $21, from $25, to reflect our lower earnings and FCF forecast. This represents 23% upside to the current market price...
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Goldman Sachs Lowers PT On SNI To $43
Wednesday, August 10, 2011 - 7:39am | 127Goldman Sachs has lowered its price target on Scripps Networks Interactive (NYSE: SNI) from $49 to $43 in light of an in line quarter from the company. In its report, Goldman Sachs writes, “We remain Sell rated on SNI shares following an in-line quarter on revenue, and a beat on expenses. With...
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Deutsche Bank Revises Estimates on DISH Network Corp
Wednesday, August 10, 2011 - 6:37am | 127Deutsche Bank has published a report on DISH Network Corp (NASDAQ: DISH) revising estimates for the television provider. In the report, Bank of America wrote, "Mr. Joe Clayton spoke to DISH investors for the first time as the new CEO with broad commentary around reinvigorating sales growth...
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Goldman Sachs Lowers PT on Scripps Networks To $43
Wednesday, August 10, 2011 - 5:27am | 27Goldman Sachs has lowered the price target on Scripps Networks (NYSE: SNI) from $49 to 443 and maintains its Sell rating.
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Hagens Berman Files Class-Action Lawsuit Against Apple and Publishers
Tuesday, August 9, 2011 - 5:42pm | 877Hagens Berman, today announced it has filed a nationwide class-action lawsuit claiming that Apple (NASDAQ: AAPL) and five of the nation's top publishers, including HarperCollins Publishers, a subsidiary of News Corporation (NASDAQ: NWSA), Hachette Book Group, Macmillan Publishers, Penguin Group, a...
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Market Losers
Tuesday, August 9, 2011 - 12:33pm | 182Sykes Enterprises (NASDAQ: SYKE) is trading down over 26% near $11.70 after reporting Q2 earnings. AOL (NYSE: AOL) is trading down over 24.60% near $11.35 after reporting Q2 earnings. Idenix Pharma (NASDAQ: IDIX) is trading down over 18% near $4.27 after reporting Q2 earnings. DTS (NASDAQ: DTSI) is...
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Not Exactly Optimum From Cablevision
Tuesday, August 9, 2011 - 11:50am | 575Not exactly an "optimum" quarter for Cablevision Systems (NYSE: CVC), was it? The Bethpage, N.Y.-based company reported earnings of 31 cents per share on $1.69 billion in revenues. Wall Street expectations had been for 42 cents per share on $1.87 billion in revenues. Cablevision President and...
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Can Web IPO Market Survive Stock Dive?
Tuesday, August 9, 2011 - 11:03am | 591By Carol Kopp These days, it seems that a bubble can burst before it even forms, in defiance of the laws of physics. So much for the great Web IPO bubble of 2011. At least, that is how many Web business watchers are talking after the markets tanked Monday. Technology stocks were hit harder than...
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Market Losers
Tuesday, August 9, 2011 - 9:18am | 131Sykes Enterprises (NASDAQ: SYKE) is trading down over 27.50% near $11.48 after being cut to Hold at Craig-Hallum. DTS (NASDAQ: DTSI) is trading down over 21.80% near $23.10 after reporting Q2 earnings. Fossil (NASDAQ: FOSL) is trading down over 18.50% near $76.50 after reporting Q2 earnings this...
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Earnings Roundup
Tuesday, August 9, 2011 - 8:35am | 1311Dish Network Corp (NASDAQ: DISH) reported a 30% rise in its second-quarter profit. Dish Network's quarterly profit surged to $335 million, or $0.75 per share, from $257 million, or $0.57 per share, in the year-ago period. Its revenue climbed 13% to $3.59 billion. However, analysts were expecting...