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DISH Network and EchoStar Statement Regarding U.S. Federal Court of Appeals Decision on Tivo
Wednesday, April 20, 2011 - 1:28pm | 219DISH Network (NASDAQ: DISH) and EchoStar Technologies (NASDAQ: SATS), issued the following statement regarding the decision by the U.S. Federal Court of Appeals regarding Tivo: “DISH Network and EchoStar are pleased that the Federal Circuit Court of Appeals has unanimously vacated the district...
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Puts Purchased on Virgin Media Inc. (VMED)
Wednesday, April 20, 2011 - 12:30pm | 147Shares of Virgin Media Inc. (NASDAQ: VMED) are higher on the session by 4.00%, currently trading at $29.21. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today....
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TiVo Now Trading Up 40% (TIVO)
Wednesday, April 20, 2011 - 12:12pm | 71TiVo (NASDAQ: TIVO) secured a partial victory in a lengthy patent infringement case against Dish Network (NASDAQ: DISH) and EchoStar (NASDAQ: SATS) today in a federal en banc ruling. The stock is now trading up 40% at $11.70, although it is off of its high of the day at $12.65.
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Dish (NASDAQ: DISH) Must Disable 8 DVR Models, Court Says -Bloomberg (DISH, TIVO)
Wednesday, April 20, 2011 - 11:49am | 20Dish (NASDAQ: DISH) Must Disable 8 DVR Models, Court Says, Reported By Bloomberg
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Wunderlich Securities Has Buy Rating On Comcast (CMCSA)
Wednesday, April 20, 2011 - 11:35am | 178Wunderlich Securities is out with a research report on Comcast Corporation (NASDAQ: CMCSA) after it announced it would be having the NHL on NBC through the 2021 season. It has a Buy rating and a $33 price target on shares. In a note to clients, Wunderlich writes, "Tuesday afternoon NBCUniversal...
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Dish In Contempt Of Order To Stop DVR Service, Court Says -Bloomberg (DISH, TIVO)
Wednesday, April 20, 2011 - 11:32am | 40Bloomberg reports that Dish (NASDAQ: DISH) is in contempt of order to stop DVR service, court says. Tivo (NASDAQ: TIVO) rises as much as 39%.
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Tivo Gets Mixed Ruling In Dish Network Patent Case, Dish Wins New Hearing Infringement of Tivo Patents (DISH, TIVO)
Wednesday, April 20, 2011 - 11:10am | 37Tivo (NASDAQ: TIVO) gets mixed ruling in Dish (NASDAQ: DISH) network patent case, Dish wins new hearing infringement of Tivo patents.
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Tivo Gets Mixed Ruling In Dish Network Patent Case (TIVO, DISH)
Wednesday, April 20, 2011 - 11:04am | 29Tivo (NASDAQ: TIVO) Gets Mixed Ruling In Dish Network (NASDAQ: DISH) Patent Case
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SiriusXM Announces Comprehensive NFL Draft Coverage (SIRI)
Wednesday, April 20, 2011 - 11:02am | 54Sirius XM Radio (NASDAQ: SIRI) will provide listeners nationwide with comprehensive coverage of the 2011 NFL Draft on April 28-30, broadcasting every selection from every round and offering live on-site commentary from Sirius NFL Radio, SiriusXM's 24/7 NFL talk channel, and Mad Dog Radio, SiriusXM'...
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Options Brief: DISH Network Corporation (DISH)
Wednesday, April 20, 2011 - 10:49am | 85Shares of DISH Network Corporation (NASDAQ: DISH) are higher on the session by 1.76%, trading at $24.29. Overall call volume is now running at 9.56x the daily average, with 43% of all calls traded being purchases on the offer. 11,229 contracts have traded on the session so far. DISH Network...
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Goldman Sachs Suggests Buying Calls on Comcast Corporation (CMCSA)
Wednesday, April 20, 2011 - 9:21am | 157Goldman Sachs is out with a research note this morning, where it suggests that traders buy calls on Comcast Corporation (NASDAQ: CMCSA) ahead of the June Cable Show. Comcast is Goldman Sachs Telecom & Cable analyst, Jason Armstrong's, top Cable/Satellite pick heading into 1Q earnings, given...
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Goldman Sachs Reiterates Buy on Virgin Media (VMED)
Wednesday, April 20, 2011 - 8:17am | 148Goldman Sachs is out with its report today on Virgin Media (NASDAQ: VMED), reiterating Buy. In a note to clients, Goldman Sachs writes, "VMED's solid 1Q results strengthen our confidence in the sustainability of growth, which we believe is not reflected in the stock's 14% 2012E FCF yield. Customer...
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Jefferies: VMED Q1 In-Line, But No Commitment To Extend Buyback Program
Wednesday, April 20, 2011 - 7:47am | 182Jefferies reports that while Virgin Media, Inc.'s (NYSE: VMED) Q1 is in-line, there was no commitment to extend to the buyback program. “This morning's results are in-line with expectations: Q1 revs £982m (JEFFe £983m), clean OCF £376m (£378m), FCF £100m, (£99m),” Jefferies writes. “Other...
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Citi Has Buy Rating On Virgin Media (VMED)
Wednesday, April 20, 2011 - 7:45am | 186Citi Investment Research has a Buy rating and a $42 price target on shares of Virgin Media (NASDAQ: VMED). In a note to investors, Citi writes, "Sales of £982.3m +0.3% vs. £980m cons. (CIRA £989m). Mobile revenues were a touch weak driven by lighter ARPU but the strong B2B activity during the...
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CEOWORLD Daily Business Roundup- IBM, INTC, AAPL, VMW, MMI, RIMM, NDAQ, AES, DPL, NRG, TM, S, GE…
Wednesday, April 20, 2011 - 6:00am | 1439Hardware Earnings- Data Center Group revenue at Intel (INTC) rose 32% in the last quarter, wheeras revenue from sales of IBM's (IBM) System z mainframe server products rose 41% last quarter. IBM (IBM) has reported a 10 per cent rise in net income to $ 2.86 billion in the January—March quarter of...