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TiVo Active On Settlement Talk (TIVO, DISH, SATS)
Wednesday, February 2, 2011 - 12:43pm | 103TiVo (NASDAQ: TIVO) shares are popping on talk about a potential settlement between the company and Dish Network (NASDAQ: DISH) and sister company Echostar (NASDAQ: SATS). The companies have been embroiled in patent litigation for years, and the case was heard en banc by a federal appeals court in...
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Morning Market Movers (ZANE, NAVI, ICGN, APKT)
Wednesday, February 2, 2011 - 11:02am | 149Zanett Inc (NASDAQ: ZANE) jumped 37.29% to $1.62 at 10:00 am. ZANE shares have surged 247.06% over the past 52 weeks, while the S&P 500 index has gained 18.51% in the same period. NaviSite Inc (NASDAQ: NAVI) shares surged 31.48% to $5.43. Time Warner Cable Inc (NYSE: TWC) announced its plans to...
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LIN Media Promotes Two Key Members of Digital Team
Wednesday, February 2, 2011 - 10:12am | 357LIN Media (NYSE: TVL), a local multimedia company, today announced the promotions of William Gaffney to Vice President Digital Operations and Michael Kelly to Vice President Digital Revenue. Since joining the Company as Regional Interactive Director in 2008, Mr. Gaffney has been at the forefront...
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Oppenheimer: Daily Datatimes (DISH, TWC, NAVI, T, VZ)
Wednesday, February 2, 2011 - 9:20am | 252Oppenheimer is out this morning with a research report highlighting companies in the communications and internet infrastructure industry. In the report, Oppenheimer highlighted DISH Network's (NASDAQ: DISH) recent agreement to acquire DBSD North America for a value of approximately $1 billion. In...
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Wunderlich Comments On Dish Network As It Moves Toward Creating Its 4G Network
Wednesday, February 2, 2011 - 8:45am | 118DISH Network (NYSE: DISH) and the broader Charlie Ergen complex inclusive of sister company Echostar moved further toward creating a new terrestrial 4G network through DISH's agreement to acquire bankrupt DBSD North America for $1 billion. Subject to the FCC and court approval, Ergen could cobble...
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Stocks To Watch For February 2 (YUM, ERTS, MAT, TWC, NAVI, V)
Wednesday, February 2, 2011 - 4:44am | 260Some of the stocks that may grab investor focus today are: Wall Street expects Yum! Brands Inc (NYSE: YUM) to report its Q4 EPS at $0.60 on revenue of $3.50 billion. YUM shares gained 0.91% to $47.85 in after-hours trading. Electronic Arts Inc (NASDAQ: ERTS) reported a FQ3 loss of $322 million, or...
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Gilford Has Buy On Entercom Comm. (ETM)
Tuesday, February 1, 2011 - 5:51pm | 134Gilford Securities has a Buy rating and a $10.75 price target on shares of Entercom Comm. (NYSE: ETM). In a note to clients, Gilford writes, "Today, it was announced that one public radio group bought out its partners in a private radio group at what we estimate is 9.6x ‘10E EBITDA and 9.0x ‘11E...
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Calls Purchased on CBS Corporation (CBS)
Tuesday, February 1, 2011 - 4:15pm | 113Shares of CBS Corporation (NYSE: CBS) are higher on the session by 1.11%, currently trading at $20.05. 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 calls on the name today. A short...
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Movie Theaters Brace For Profit-Slashing Winter Storm (CNK, RGC, IMAX)
Tuesday, February 1, 2011 - 1:44pm | 355It looks like the number-one movie in America is getting a new competitor this week: a major snow storm. The Rite (from the Warner Bros. division of Time Warner Inc. (NYSE: TWX)) landed the top spot at the box office with $15 million. No Strings Attached (from Paramount (NYSE: VIA)) earned just...
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Comcast and Time Warner Sign Long-Term TV Everywhere Agreement for Xfinity Customers
Tuesday, February 1, 2011 - 11:31am | 119Comcast Corporation (Nasdaq: CMCSA) and Time Warner Inc. (NYSE: TWX) today announced they have signed a long-term agreement that provides Comcast digital cable customers with access to an unprecedented amount of top-rated shows and movies from Turner Broadcasting System, Inc. networks, including...
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DISH Network to Purchase DBSD for $1B
Tuesday, February 1, 2011 - 9:13am | 49DISH Network Corporation (Nasdaq: DISH) announced today that it has entered into an agreement to acquire 100 percent of the equity of DBSD North America, Inc. for approximately $1 billion subject to certain adjustments, including interest accruing on DBSD North America's existing debt.
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Fast Money Pops & Drops, February 1st (YHOO, BGP, CBS, MMI, PLL)
Monday, January 31, 2011 - 8:50pm | 280Brian Kelly said on CNBC's Fast Money Pops & Drops that Yahoo! Inc. (NASDAQ: YHOO) got upgraded today, and the stock jumped 1.83%. He added that this was all about valuation. Borders Group, Inc. (NYSE: BGP) dropped 14.01% in the regular session, and Joe Terranova was not surprised. He said that...
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Zings Of The Day (CMCSA, GE)
Monday, January 31, 2011 - 4:48pm | 199Chrysler reported a $652 million full year loss, as the company continues to reorganize itself for a coming IPO in 2011. Just call Lee Iacocca. He'll get it whipped into shape in no time. Comcast (NASDAQ: CMCSA) completed its takeover of NBC Universal from GE (NYSE: GE) at midnight on Friday....
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ETM Enters Oversold Territory - Tale of the Tape
Monday, January 31, 2011 - 12:24pm | 111Entercom Communications Corp.'s (ETM) share price has entered into oversold territory with a stochastic value of 13.50. The Zacks Consensus Estimate on the company's earnings for December 2010 increased by a cent over the past two months to $1.15 per share. Entercom Communications Corp. is a Zacks...
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ETM Enters Oversold Territory - Tale of the Tape
Monday, January 31, 2011 - 11:58am | 111Entercom Communications Corp.'s (ETM) share price has entered into oversold territory with a stochastic value of 13.50. The Zacks Consensus Estimate on the company's earnings for December 2010 increased by a cent over the past two months to $1.15 per share. Entercom Communications Corp. is a Zacks...