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CBS Corporation (CBS) Currently On Hold
Monday, March 21, 2011 - 6:26pm | 346CBS Corporation (CBS) Currently On Hold CBS Corporation is a mass media company that operates in both the US and Internationally and is near another 52 week high after a great climb to $24.51 today. This 5.51% improvement came after an analyst at Miller Tabak & Co liked the increased viewing...
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CBS Corporation (CBS) Currently On Hold
Monday, March 21, 2011 - 6:26pm | 355CBS Corporation (CBS) Currently On Hold CBS Corporation is a mass media company that operates in both the US and Internationally and is near another 52 week high after a great climb to $24.51 today. This 5.51% improvement came after an analyst at Miller Tabak & Co liked the increased viewing...
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Cellular Catastrophe: AT&T And T-Mobile (T)
Monday, March 21, 2011 - 4:43pm | 1055It's Merger Monday again. If all goes as planned, tomorrow could be Terrible Tuesday, followed by Wacky Wednesday and Tenacious Thursday. Now that AT&T (NYSE: T) has announced its plans for world domination, consumers are left to wonder about the future of cellular phones. Despite the advent...
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7 Stocks Trading at a Huge Discount.
Monday, March 21, 2011 - 2:27pm | 210Here's one of your more traditional "Buffett-like" stock screens where I am essentially looking for companies selling well below their book value. The stocks below represent six companies that are trading at less than half its book value. A few of the stocks that stick out to me as having some...
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Liberty Global to Acquire KBW
Monday, March 21, 2011 - 12:21pm | 213Liberty Global, Inc. (NASDAQ: LBTYA) today announced that it has entered into an agreement to acquire Kabel BW Erste Beteiligungs GmbH, the third largest cable TV operator in Germany controlled by EQT Funds IV and V. KBW provides television, broadband internet and telephony services in the German...
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Top Narrow Based Indexes For March 21 (URG, TVL, DTEGY)
Monday, March 21, 2011 - 11:20am | 215By 11:15 am, the Dow Jones Industrial Average was up 203.93 points, or 1.72%, to 12,062.45, while the broader Standard & Poor's 500 index had gained 20.80 points, or 1.63%. The NASDAQ composite index rose 55.59 points, or 2.10%. Some of the narrow based indexes that are driving the markets...
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Trading The Losers From The AT&T T-Mobile Deal (CCI, SBAC, AMT, S, DTV, DISH)
Monday, March 21, 2011 - 8:28am | 260Yesterday we saw the announcement of a merger between AT&T (NYSE: T) and T-Mobile, a subsidiary of Deutsche Telecom. We've already heard of who wins in this deal, but who loses? The tower names are likely to see downside pressure today, and could be a good shorting opportunity. America...
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Puts Purchased on Virgin Media Inc. (VMED)
Friday, March 18, 2011 - 12:16pm | 164Shares of Virgin Media Inc. (NASDAQ: VMED) are higher on the session by 1.98%, currently trading at $27.34. 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. A...
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Radio One, Inc. Updates Financial Guidance for Fiscal Year 2011
Friday, March 18, 2011 - 11:58am | 110Radio One, Inc. (NASDAQ: ROIA) today announced that core radio revenues for the second quarter 2011 are pacing up mid to high single digits compared to the same period in 2010. CEO Alfred Liggins said: "Q2 is historically our biggest quarter for radio revenues, so it is encouraging that we are...
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Time Warner, Comcast May Not Let Mets Sell SNY Stake (TWX, CMCSA)
Friday, March 18, 2011 - 11:29am | 116A tweet from Michele Steele, who is Bloomberg's sports business reporter says that Comcast (NASDAQ: CMCSA) and Time Warner (NYSE: TWX) may not let the owners of the New York Mets, Fred & Jeff Wilpon, sell their stake in SNY, the paid cable channel, which is co-owned by all three. The Wilpon's...
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Gabelli & Company Comments On Buy-Rated TVL
Thursday, March 17, 2011 - 8:37am | 91Gabelli & Company is commenting on Buy-rated LIN TV Corp. (NYSE: TVL). “Risk remains JV offset by improving fundamentals with digital and retrans helping LIN and prospects for mobile evolving,” Gabelli & Company writes. “Debt coming down and any refinancing should be viewed favorably by the...
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Morgan Stanley Updating Model for 4Q10 Results On Liberty Global
Thursday, March 17, 2011 - 7:50am | 169In a report published by Morgan Stanley, it is updating the model for 4Q10 results on Liberty Global (NASDAQ: LBTYA). Morgan Stanley said that it remains Equal-weight LBTYA shares. “While revenue and EBITDA trends have improved in Liberty's major Western European markets YTD, consolidated growth...
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Benchmark Comments on LIN Television Corporation's Q4 10 Earnings (TVL)
Thursday, March 17, 2011 - 7:39am | 115Benchmark is out with its report today on LIN Television Corporation (NYSE: TVL), commenting on TVL's Q4 10 earnings. In a note to clients, Benchmark writes, "LIN TV reported better-than-expected 4Q10 results. Net revenue was $125 million, well above our estimate of $121 million and guidance of $...
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Major Resource Upgrade for Sundance Resources Limited (ASX:SDL) Mbalam Iron Ore Project
Thursday, March 17, 2011 - 12:44am | 3199Perth, Mar 17, 2011 (ABN Newswire) - International Iron Ore Development Company Sundance Resources Limited (ASX:SDL) (PINK:SUDCF) has taken another step towards its objective of developing its large scale iron ore project in central West Africa after today releasing a comprehensive update and...
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Wunderlich Comments On Ongoing Action In Australia And Germany With Liberty Global
Wednesday, March 16, 2011 - 2:15pm | 148In a report published by Wunderlich, Liberty Global (NASDAQ: LBTYA) it is seeing ongoing action in Australia and Germany. Wunderlich said that it maintains its $47 price target on Buy-rated Liberty Global (LBTYA) while monitoring live M&A situations in Australia (purported seller of 55%-owned...