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Wells Fargo Opens BLC With Outperform
Friday, March 25, 2011 - 5:44am | 42Analysts at Wells Fargo initiate coverage of Belo Corp (NYSE: BLC) with an “outperform” rating. BLC shares rose 1.20% to close at $7.56 yesterday. More Analyst Ratings here
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Sirius XM Radio Commences Cash Tender Offer for its 3 1/4% Convertible Notes due 2011
Thursday, March 24, 2011 - 10:20am | 61Sirius XM Radio Inc. (Nasdaq: SIRI) today announced that it has commenced a tender offer to purchase for cash any and all of its 3 1/4% Convertible Notes due 2011 upon the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof, and in the related Letter of...
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Traders Tuning Out CBS Corporation (CBS)
Thursday, March 24, 2011 - 10:13am | 146Shares of CBS Corporation (NYSE: CBS) are lower on the session by 1.21%, currently trading at $24.57. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...
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Credit Suisse Reiterates Outperform on Virgin Media (VMED)
Thursday, March 24, 2011 - 9:04am | 94Credit Suisse is out with its report today on Virgin Media (NASDAQ: VMED), reiterating Outperform. In a note to clients, Credit Suisse writes, "We reiterate our Outperform rating on Virgin Media and our price target of $29. We have slightly increased our forecasts post-Q4. We remain ahead of...
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Credit Suisse Comments On Virgin Media, Increases Forecasts
Thursday, March 24, 2011 - 8:35am | 177Credit Suisse reiterates its Outperform rating on Virgin Media (NASDAQ: VMED) and price target of $29. It has slightly increased forecasts post-Q4. Credit Suisse remains ahead of medium-term consensus for revenue, EBITDA and FCF while it forecasts FCF growth above VMED's 20% target for FY2011 and...
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Zings Of The Day (SIRI)
Wednesday, March 23, 2011 - 3:57pm | 52Howard Stern and his agent have accused Sirius XM Radio Inc. (NASDAQ: SIRI) of failing to give out stock awards promised in exchange for bringing in subscribers. That's certainly worthy of a "Hey now."
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Wunderlich Securities Downgrades SIRI To Hold
Wednesday, March 23, 2011 - 10:03am | 52Wunderlich Securities is downgrading SIRIUS XM Radio (NASDAQ: SIRI) to Hold and lowering its target to $1.65 as “SIRI's current stock market valuation likely cannot accommodate the uncertainty engendered by the suit – even if it ends up being meritless.” SIRIUS XM Radio currently trades at $1.65.
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Joe Waz, Senior VP External Affairs and Public Policy Counsel, to Retire from Comcast
Wednesday, March 23, 2011 - 10:02am | 36Comcast Corporation (Nasdaq: CMCSA) announced that Joe Waz, Senior Vice President External Affairs and Public Policy Counsel, will retire from the company on April 30 after 17 years of service.
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Gabelli Updates On FSCI
Wednesday, March 23, 2011 - 9:08am | 58Gabelli has released an update on Fisher Communications (NASDAQ: FSCI). According to Gabelli, "Fisher announced that it had hired Moelis & Company to explore options to maximize the value of Fisher Plaza. Proceeds from a transaction would be used to redeem FSCI's 8.625% Senior Notes, or...
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Wunderlich Maintains Buy on Liberty Capital (LCAPA)
Wednesday, March 23, 2011 - 9:04am | 100Wunderlich is out with its report today on Liberty Capital (NASDAQ: LCAPA), maintaining Buy. In a note to clients, Wunderlich writes, "We maintain our Buy rating on Liberty Capital and $85 target even as we assess the implications of yesterday's lawsuit filing against Sirius XM Radio (NASDAQ: SIRI...
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Howard Stern Is Suing His Boss (SIRI)
Tuesday, March 22, 2011 - 4:46pm | 190Howard Stern's production company sued Sirius XM Radio Inc. (NASDAQ: SIRI) today for failing to pay stock grants the company promised to Stern when he first signed on in 2006. One Twelve Inc. and Stern's agent, Don Buchwald, filed the suit in New York court today. According to the suit, Sirius...
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Why Opportunties Don't Appear Until After the Fact (MTZ, DTV, T)
Tuesday, March 22, 2011 - 4:40pm | 978The construction industry suffered a massive downturn during the latest recession. Part of this huge industry, housing, remains depressed. Recent numbers from February suggest sales of previously owned homes fell by 9.6 percent - not exactly encouraging numbers for...
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Why Opportunties Don't Appear Until After the Fact (MTZ, DTV, T)
Tuesday, March 22, 2011 - 4:40pm | 978The construction industry suffered a massive downturn during the latest recession. Part of this huge industry, housing, remains depressed. Recent numbers from February suggest sales of previously owned homes fell by 9.6 percent - not exactly encouraging numbers for...
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Stocks To Consider Under $10 (TIVO, SIRI, C)
Tuesday, March 22, 2011 - 2:08pm | 351Buying stocks under $10 can pay off big time. Many stocks that were trading under this level in March 2009 have doubled and tripled already. Three stocks that are currently trading under $10 and have considerable price appreciation potential are TiVo (NASDAQ: TIVO), Citigroup (NYSE: C) and Sirius (...
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3 Stocks For March Madness (CBS, PEP, NKE)
Tuesday, March 22, 2011 - 8:08am | 2633 Stocks For March Madness (CBS, PEP, NKE) March Madness is fully upon us, and is down to the Sweet 16, which starts on Thursday. Here's a few stocks that will benefit in their earnings reports from March Madness. CBS Corporation (NYSE: CBS) shares have benefited from the tournament, and will...