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JP Morgan Upgrades Sinclair Broadcast Group To Overweight, PT To $14
Thursday, February 10, 2011 - 9:38am | 29JP Morgan has upgraded Sinclair Broadcast Group (NASDAQ: SBGI) from Neutral to Overweight and has raised the price target from $9.50 to $14.
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Benzinga's Top Upgrades (ANR, SBGI, SVM, SPP)
Thursday, February 10, 2011 - 9:17am | 135Alpha Natural Resources Inc (NYSE: ANR) was upgraded by BB&T Capital from "hold" to "buy." ANR's shares closed at $52.52 yesterday. ANR's PEG ratio is 0.84. JP Morgan upgraded Sinclair Broadcast Group Inc (NASDAQ: SBGI) from "neutral" to "overweight.” SBGI's shares closed at $10.99 yesterday....
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J.P Morgan Upgrades Sinclair Broadcast Group To Overweight
Thursday, February 10, 2011 - 9:03am | 148J.P Morgan is upgrading Sinclair Broadcast Group (NASDAQ: SBGI) shares to Overweight. Over the past year, its longer-term structural concern on local TV broadcasters' business models has generally kept it on the sidelines despite obvious improvement in fundamentals. But it's hard for JPM to keep...
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Scripps Networks Interactive Reports Q4 EPS of $0.68 vs. $0.69
Thursday, February 10, 2011 - 8:39am | 97Scripps Networks Interactive Inc. (NYSE: SNI) today reported operating results for the fourth quarter 2010. Consolidated revenues for the quarter increased 33 percent to $573 million from the prior-year period. Excluding Travel Channel, in which the company acquired a controlling interest on Dec....
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DISH Network Statement on U.S. District Court Order to Lift Stay
Wednesday, February 9, 2011 - 12:43pm | 82DISH Network L.L.C., issued the following statement today concerning the most recent U.S. District Court order: "We are pleased that the court granted our motion to lift the stay in our patent infringement action against TiVo. The patent in this case withstood two re-exam petitions by TiVo seeking...
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Sinclair Reinstates Dividend Policy; Declares Dividend of $0.12
Wednesday, February 9, 2011 - 11:33am | 64Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a cash dividend of $0.12 per share on the Company's Class A and Class B common stock. The dividends are payable on March 15, 2011, to the holders of record at the close of business on March 1, 2011....
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NASDAQ Stocks Hitting 52-Week Highs (SBGI, RFIL, LULU, TTWO)
Wednesday, February 9, 2011 - 11:13am | 133Sinclair Broadcast Group Inc (NASDAQ: SBGI) shares gained 6.23% to create a new 52-week high of $10.57. SBGI reported upbeat Q4 results. RF Industries Ltd (NASDAQ: RFIL) shares rose 6.62% to touch a new 52-week high of $7.89. RFIL had $9.31 million in total cash and no debt for the recent quarter....
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News Summary
Wednesday, February 9, 2011 - 10:33am | 213Shares of Coca-Cola Co (NYSE: KO) gained about 2.2% after the company reported its Q4 net income at $5.77 billion, or $2.46 per share, up from $1.54 billion, or $0.66 per share, in the year-ago period. The company's revenue increased to $10.49 billion from $7.51 billion. On an adjusted basis, the...
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Sinclair Reports Q4 EPS of $0.40 vs. $.39
Wednesday, February 9, 2011 - 8:43am | 37Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) today reported financial results for the three months and twelve months ended December 31, 2010. Total revenues $225.56M Income (loss) from continuing operations $33.332M EPS $.40
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Firefox 4 beta 11 released
Tuesday, February 8, 2011 - 6:46pm | 195Mozilla today announced the release of the 11th beta of Firefox 4, coming just a few weeks after the release of the tenth beta. While release notes are not very descriptive for beta 11 of Firefox 4, Mozilla does consider this build to be safe for Web browsing and stable. Work is already underway...
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Major Reversal In TiVo (TIVO)
Tuesday, February 8, 2011 - 1:33pm | 97Shares of TiVo (NASDAQ: TIVO) have reversed course intra-day on Tuesday. The stock had been falling for much of the session, but has been seeing significant inflows over the last couple of hours. The stock currently is up 1.31% to $10.84. TIVO is currently engaged in patent litigation with Dish...
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NASDAQ Stocks Hitting 52-Week Highs (LULU, SNCR, WFMI, SBGI)
Tuesday, February 8, 2011 - 11:26am | 153Lululemon Athletica Inc (NASDAQ: LULU) shares gained 2.88% to create a new 52-week high of $80.65. LULU shares have surged 195.03% over the past 52 weeks, while the S&P 500 index has gained 24.82% in the same period. Synchronoss Technologies Inc (NASDAQ: SNCR) shares rose 10.24% to touch a new...
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Belo Corporation Beats Estimates With 38 Cent EPS (BLC)
Tuesday, February 8, 2011 - 9:55am | 162Dallas, Texas-based Belo Corporation (NYSE: BLC) on Tuesday morning released financial results that exceeded Wall Street earnings expectations. Belo Corporation reported that its 4th quarter net earnings rose to $39.9 million, or 38 cents per share, up from $22.3 million, or 21 cents per share, a...
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Belo Corp Reports Q4 EPS of $.38 vs. $.34
Tuesday, February 8, 2011 - 9:36am | 73Belo Corp. (NYSE: BLC) today reported fourth quarter and full year 2010 net earnings (loss) per share of $0.38 and $0.83, respectively, compared to $0.21 and ($1.06), respectively, for the fourth quarter and full year 2009. Full year 2009 included a non-cash impairment charge to intangible assets...
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Citi Raises Cablevision Systems PT To $44
Tuesday, February 8, 2011 - 9:02am | 117Citi is raising its price target on Cablevision Systems (NYSE: CVC) to $44 from $29. The price target assigns $9.50 to the Rainbow spin and Expect $1.8 billion buyback at ‘core' J.P Morgan says to expect a $1.8 billion buyback at ‘core' Cablevision. $1.25 billion comes from re-levered core. $550...