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Options Brief: Central European Media Enterprises (CETV)
Wednesday, March 16, 2011 - 1:26pm | 91Shares of Central European Media Enterprises (NASDAQ: CETV) are lower on the session by 1.43%, trading at $19.28. Overall put volume is now running at 12.98x the daily average, with 39% of all puts traded being purchases on the offer. 1,649 contracts have traded on the session so far. Central...
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Unconfirmed Rumors Circulate that (T) Is readying a Bid of $40.00 for (DISH)
Wednesday, March 16, 2011 - 10:28am | 30Unconfirmed Rumors Circulate that AT&T (T) Is readying a Bid of $40.00 for (DISH)..
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Stifel Nicolaus Upgrades Liberty Global to Buy (LBTYA)
Wednesday, March 16, 2011 - 9:02am | 84Stifel Nicolaus is out with its report today on Liberty Global (NASDAQ: LBTYA), upgrading LBTYA from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "We are upgrading shares ofLiberty Global to Buy with a $50 target price. We see several potential catalysts that could drive further...
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Lin TV Reports Q4 EPS of $0.37
Wednesday, March 16, 2011 - 7:37am | 62Lin TV Corp (NYSE: TVL) reported its Q4 EPS at $0.37, versus the consensus of $0.30. TVL reported its Q4 revenue at $125.1 million, versus the consensus of $122 million. TVL shares fell 1.95% to close at $5.02 yesterday. Read more from Benzinga's Company news.
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LIN TV Corp Reports Q4 EPS of $0.37 vs. $0.30
Wednesday, March 16, 2011 - 7:31am | 69LIN TV Corp. (NYSE: TVL) today reported results for its fourth quarter and full year ended December 31, 2010. Net revenues increased by 24% to $125.1 million, compared to $101.1 million in the fourth quarter of 2009. Net income per diluted share was $0.37, compared to net income per diluted...
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Market Near Critical Short-Term Levels 03-15-2011
Tuesday, March 15, 2011 - 6:40pm | 826Cusick's Corner The market attempted to finish at its best levels of the After Hours session, but intraday traders pulled the plug on the close, taking the market down to critical short-term levels, 1275 on the June S&Ps. While scalping was the name of the game, this environment is not one to...
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Saga Communications, Inc. Reports Q4 EPS of $1.08 vs. $0.95
Tuesday, March 15, 2011 - 12:02pm | 99Saga Communications, Inc. (NYSE: SGA) today reported free cash flow increased 10.0% to $21.1 million for the year. For the quarter ended December 31, 2010 free cash flow increased 8.7% to $7.2 million. Net operating revenue increased 7.4% from the comparable period in 2009 to $34.1 million....
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Comcast Providing Free Calls to Japan for Xfinity Voice and Business Class Voice Customers
Tuesday, March 15, 2011 - 10:34am | 54Comcast (NASDAQ: CMCSA) has announced it is providing free calls to Japan for its Xfinity Voice and Business Class Voice customers. For calls made to Japan by customers during the timeframe from March 11 through April 10, 2011, Comcast will remove these charges from customers' bills.
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ICO Global and DISH Networks Sign Implementation and Restructuring Support Agreements; DISH to Pay ICO $324.5M
Tuesday, March 15, 2011 - 10:18am | 178ICO Global Communications Limited (NASDAQ: ICOG) announced today that it has entered into a Restructuring Support Agreement and Implementation Agreement with DISH Network Corporation (NASDAQ: DISH). Pursuant to these agreements, ICO has agreed to support a proposed amended Investment Agreement...
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Puts Purchased on CBS Corporation (CBS)
Monday, March 14, 2011 - 12:30pm | 122Shares of CBS Corporation (NYSE: CBS) are lower on the session by 2.14%, currently trading at $23.29. 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 short...
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Cumulus Media Reports Q4 EPS of $0.17
Monday, March 14, 2011 - 7:44am | 67Cumulus Media (NASDAQ: CMLS) reported its Q4 EPS at $0.17, up from $0.16. in the year-ago period. CMLS reported its Q4 revenue at $69.78 million, versus $69.61 million, in the year-ago quarter. CMLS shares fell 1.28% to close at $4.64 on Friday. Read more from Benzinga's Company news.
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Cumulus Reports Q4 EPS of $0.17
Monday, March 14, 2011 - 7:39am | 35Cumulus Media Inc. (NASDAQ: CMLS) today reported financial results for the three months ended December 31, 2010. Net revenues $ 69.78M EPS $0.17
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Piper Jaffray Comments On ROVI Vs. VMED Patent Appeal
Monday, March 14, 2011 - 7:35am | 150A decision in the Rovi (NASDAQ: ROVI) vs. Virgin Media (NASDAQ: VMED) patent appeal will likely come in the next three months, Piper Jaffray reports. “We believe the likelihood that Rovi prevails is low, but, in our view, the company remains well positioned to make Virgin Media a patent licensee in...
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Merger Arbitrage Mondays – March 14, 2011
Monday, March 14, 2011 - 6:27am | 4774Merger activity decreased last week with two new deals announced and three deals closing. You can find all the deals listed below in our Merger Arbitrage Tool that automatically updates itself during market hours. Deal Statistics: Total Number of Deals Closed in 2011 37 Total Number of Deals...
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Charlie Sheen Stock Index Graph
Sunday, March 13, 2011 - 4:52pm | 471The above chart shows how the Charlie Sheen Stock Index has performed over the last three years. As you can see, except for a drop at the beginning of 2009, the Index has outperformed the Dow Jones Industrial Average. As a matter of fact, the Sheen Index is up 6.2% so far this year versus 4.3% for...