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Citi Provides Color On Virgin Media (VMED)
Thursday, February 17, 2011 - 9:26am | 111Citi provided color on Virgin Media (NASDAQ: VMED) in a research report published this morning, on the heels of Virgin Media's Q4 announcement. In the report, Citi states, "In 2011 VMed expects more balanced growth across the group: less dependent on consumer, more on the business division. The...
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Goldman Sachs Comments On Cablevision Systems Following Earnings
Thursday, February 17, 2011 - 9:22am | 177Cablevision Systems (NYSE: CVC) reported 4Q10 total revenue of $1.87bn, adj. EBITDA of $632mn, and diluted EPS of $0.38. Goldman's price target and estimates are under review pending greater clarity on recent reclassifications. 4Q metrics muddied by Bresnan closing. Nevertheless, legacy RGU...
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Wunderlich Securities Comments On Cablevision Systems Corporation
Thursday, February 17, 2011 - 9:11am | 192Wunderlich is adhering to its Buy rating on Cablevision (NYSE: CVC) and $44 price target after admittedly seeing worse-than-expected basic customer losses of 35K off the Fox retransmission dispute. The target is derived using its S&P 500-linked valuation approach; the operational outlook for...
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Deutsche Bank Color On Virgin Media Q4 Announcement (VMED)
Thursday, February 17, 2011 - 9:10am | 132Deutsche Bank published a research report providing color on Virgin Media (NASDAQ: VMED) today on the heels of Virgin Media's Q4 announcement. Deutsche Bank has previously rated Virgin Media as a Hold. In the report, Deutsche Bank states, "VMED Q4 results a solid beat. Revenues 1.2% ahead of cons,...
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Deutsche Bank Raises Comcast PT To $30 (CMCSA)
Thursday, February 17, 2011 - 8:40am | 101Deutsche Bank raised its Comcast (NASDAQ: CMCSA) price target from $27 to $30 in a research report published today. In the report, Deutsche Bank states, "Regulatory and cable operating momentum catalysts have been realized, but we still believe Comcast shares are still inexpensive. Key is (1)...
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Jefferies Encouraged By Virgin Media (VMED)
Thursday, February 17, 2011 - 8:38am | 103Jefferies remained encouraged by Virgin Media (NASDAQ: VMED) after Virgin Media announced Q4 revenue. Jefferies has previously rated Virgin Media a Buy, with a $32.50 price target. In the report, Jefferies states, "Resilient Q4 trends offer important reassurance given recent concern that VMED's...
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Goldman Sachs Maintains CBS Neutral, Raises PT To $21 (CBS)
Thursday, February 17, 2011 - 8:32am | 104Goldman Sachs maintained its CBS (NYSE: CBS) Neutral rating and raised CBS's price target from $19 to $21 in a research report published today. In the report, Goldman Sachs states, "CBS reported 4Q2010 adjusted EPS of $0.46, above our $0.41 estimate and consensus of $0.44. Revenue and OI were ahead...
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FOMC Minutes Optimistic 02-16-2011
Wednesday, February 16, 2011 - 7:43pm | 902Cusick's Corner The S&P 500 has now doubled its value from two years ago and the tone of the overall market remains upbeat. Corporate earnings are staying positive. The FOMC Minutes that were released today sounded more optimistic about the nation's recovery; however they were not satisfied...
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Data Points to Inflation 02-16-2011
Wednesday, February 16, 2011 - 7:42pm | 956Cusick's Corner Inflation. The market this morning seems to think that inflation may be coming faster than originally anticipated. This was reflected in the PPI numbers that came in shockingly high, mostly due to commodity inflation. This puts further constraints on the consumer and whether or not...
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Trade Ideas For Thursday, February 17
Wednesday, February 16, 2011 - 6:22pm | 1758( click to enlarge ) Sirius XM Radio Inc. (NASDAQ:SIRI) broke out last week with very good volumes. The stock could touch an upside target of $2 in the medium term. SIRI will face some resistance in the zone between $1.85 and $1.88. Once this zone is surpassed, there can be a rally to $2 and...
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CBS Corporation Reports Q4 EPS of $0.46 vs. $0.44
Wednesday, February 16, 2011 - 5:02pm | 76CBS Corporation (NYSE: CBS) today reported results for the fourth quarter and full year ended December 31, 2010. Revenues of $3.90 billion for the fourth quarter of 2010 were the highest of the year and up 11% from $3.50 billion for the same quarter last year. Adjusted net earnings of $319.4...
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NASDAQ Stocks Hitting 52-Week Highs (LINTA, GENZ, CMCSA, ASMI)
Wednesday, February 16, 2011 - 11:22am | 153Liberty Media Corporation (NASDAQ: LINTA) shares gained 1.00% to create a new 52-week high of $17.20. LINTA shares have surged 54.82% over the past 52 weeks, while the S&P 500 index has gained 21.29% in the same period. Genzyme Corporation (NASDAQ: GENZ) shares rose 1.62% to touch a new 52-week...
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BGB Securities Upgrades Sirius XM Radio to Buy
Wednesday, February 16, 2011 - 10:58am | 20BGB Securities upgrades Sirius XM Radio (NASDAQ: SIRI) from Hold to Buy.
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News Summary
Wednesday, February 16, 2011 - 10:32am | 219Shares of Deere & Company (NYSE: DE) gained about 3.6% after the company reported its Q1 net earnings at $513.7 million, or $1.20 per share, compared with $243.2 million, or $0.57 per share, in the year-ago period. The company's quarterly sales increased 27% to $6.12 billion. However, analysts...
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Sirius XM Radio Shows Signs Of Positive Business
Wednesday, February 16, 2011 - 10:24am | 173Wunderlich Securities has published a research report on Sirius XM Radio (NASDAQ: SIRI) after the company shows signs of positive business despite the expectation for guidance hikes being unlikely in 2011. In the report, Wunderlich writes "We are maintaining our Buy rating on SIRIUS XM Radio (SIRI...