-
10-28-10 Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com
Thursday, October 28, 2010 - 12:02pm | 4321Stephen Bernard, AP Business Writer Stocks give up early gains on mixed earnings Stocks pullback after early gains as investors sort through big batch of earnings NEW YORK (AP) — Stocks are falling as investors dig through a raft of earnings reports that paint a mixed picture about the economy....
-
Top Performing Industries For October 28 (LVS, BBW, HMA, ROIAK)
Thursday, October 28, 2010 - 10:25am | 193At 10:20 am, the Dow gained 0.05% to 11,131.92, the broader Standard & Poor's 500 index moved up 0.09% to 1,183.56 and the NASDAQ composite index lost 0.08% to 2,501.30. The industries that are supporting the market today are: Resorts & Casinos: This industry jumped 5.82% by 10:20 am. The...
-
Morgan Joseph Downgrades (VMED, PFCB)
Thursday, October 28, 2010 - 10:25am | 33Morgan Joseph is downgrading Virgin Media (NASDAQ: VMED) and PF Chang's (NASDAQ: PFCB) from Buy to Hold.
-
Comcast Upgraded to Buy
Thursday, October 28, 2010 - 10:06am | 32Comcast (NASDAQ: CMCSA) is upgraded from Hold to Buy at Kaufman Bros. The analysts raised the price from $21 to $25. Comcast is currently trading at $20.71.
-
Stock Market News for October 28, 2010 - Market News
Thursday, October 28, 2010 - 10:03am | 1066After swinging back and forth for much of the session, stocks closed mostly in the red Wednesday amid concerns that the Fed's planned purchase of Treasury bonds would not be as heavy and swift as earlier anticipated. Traders are eagerly awaiting a Federal Reserve move to inject more money into the...
-
Wunderlich Securities Raises Virgin Media Price Target
Thursday, October 28, 2010 - 9:50am | 126Wunderlich Securities is raising its price target on Buy-rated Virgin Media, Inc. (NASDAQ: VMED) to $29 from $27 after integrating Q3 results into its model. “Potential stock upside is supported by our market-linked cost of equity approach, a 10.3% 2011E FCF yield, and our relative market multiple...
-
Belo Corp. Reports Third Quarter EPS of $.13
Thursday, October 28, 2010 - 8:40am | 52Belo Corp. (NYSE: BLC) today reported net earnings per share of $0.13 in the third quarter of 2010 compared to a net loss per share of ($1.47) in the third quarter of 2009. The third quarter of 2009 included a non-cash impairment charge to intangible assets of $1.51 per share.
-
LIN TV Corp. Announces Third Quarter EPS of $.15
Thursday, October 28, 2010 - 7:38am | 152LIN TV Corp. (NYSE: TVL) today reported its third quarter 2010 results. Summary of Results for the Third Quarter Ended September 30, 2010 Net revenues increased by 27% to $103.6 million, compared to $81.4 million for the third quarter of 2009. Digital revenues, which include Internet...
-
Virgin Media Posts Excellent 3Q - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 718Virgin Media Inc. (VMED) outperforms in the third quarter of 2010 supported by higher revenue, higher operating income, and customer's preference towards the company's bundled services. Contrary to the Zacks Consensus Estimate of a loss from continuing operations, Virgin Media achieved...
-
Comcast Again Beats Zacks Estimate - Analyst Blog
Wednesday, October 27, 2010 - 3:33pm | 615Comcast Corp. (CMCSA) reported third quarter 2010 financial results, which exceeded the Zacks Consensus Estimate. Adjusted EPS in the reported quarter was 32 cents compared with 28 cents in the prior-year quarter. Adjusted EPS includes $39 million, net of tax expense related to the NBC Universal...
-
Company News for October 27, 2010 - Corporate Summary
Wednesday, October 27, 2010 - 3:33pm | 726• Procter & Gamble (NYSE: PG) reported fiscal first quarter earnings $0.02 better than expected at $1.02 on a 1.6% revenue gain to $20.1 billion, just below Zacks estimates of $20.2 billion. The company said it sees fiscal 2011 guidance earnings of $3.91 to $4.01 • Whirlpool (NYSE: WHR)...
-
Cablevision Makes a New Offer to News Corp
Wednesday, October 27, 2010 - 1:59pm | 124Cablevision Systems Corp. (NYSE: CVC) today issued the following statement regarding a new offer for Fox 5. "In the interest of Cablevision's 3 million households and our mutual viewers, today we have made a new offer to News Corp. (NASDAQ: NWS) Simply put: we agree to pay the rate Fox charges...
-
Cablevision Statement Regarding News Corp, Fox Programming and FCC
Wednesday, October 27, 2010 - 10:08am | 160Cablevision Systems Corp. (NYSE: CVC) today issued the following statement regarding News Corp. (Nasdaq: NWS), Fox Programming and the FCC. Charles Schueler, Cablevision's executive vice president of communications, said: "Cablevision has and will continue to negotiate in good faith. We are...
-
Virgin Media Q3 Results Solid Beat Vs. Consensus
Wednesday, October 27, 2010 - 9:04am | 86Virgin Media, Inc. (NASDAQ: VMED) Q3 results saw a solid beat vs, consensus and DBe, Deutsche Bank reports, saying that an operation “to reduce convertible dilution is further positive.” Q3 revenues 0.8% ahead of consensus (+0.2% vs DBe), 2.9% ahead on OCF/EBITDA (1.5% vs DBe) and 4.4% ahead on FCF...
-
Net Servicos de Comunicacao S.A. 3Q10 Earnings up 16%
Wednesday, October 27, 2010 - 8:49am | 153Net Servicos de Comunicacao S.A. (Nasdaq: NETC) announces its third quarter of 2010 results. Pay TV subscriber base ended 3Q10 with 4,065,000 clients, increasing by 183,000 or 12% from 3,645,000 at the end of 3Q09. Broadband base totaled 3,329,000 clients at the end of 3Q10, up 19% from 2,790,000...