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Mexican Mobile Market Gathers Steam - Analyst Blog
Monday, August 30, 2010 - 1:03pm | 569The wireless communications market in Mexico suddenly becomes highly competitive. Recent move by the Mexican Government to conduct auctions for both fiber optic strands and wireless spectrums are aimed to boost competition in the country’s telecom market, which was highly monopolized by the two...
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Virgin Media Buying Back Shares - Analyst Blog
Monday, August 30, 2010 - 12:27pm | 682Virgin Media Inc. (VMED), a leading cable MSO and broadband service provider in the U.K., is aggressively conducting share repurchase program, which was aimed to raise its shareholders’ wealth. On July 28, 2010, Virgin Media announced that the company has targeted a leverage ratio of Net Debt-to-...
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Comcast Deploys SDV in Philadelphia - Analyst Blog
Friday, August 27, 2010 - 6:03pm | 833The largest cable MSO (Multiple System Operator) in the U.S., Comcast Corp. (CMCSA) is all set to deploy switched digital video (SDV) in its hometown, Philadelphia, using Motorola Inc. (MOT) devices. Earlier in June, Comcast stated in a Federal Communications Commission (FCC) filing that it...
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Cisco Picks Up ExtendMedia - Analyst Blog
Friday, August 27, 2010 - 12:21pm | 974Cisco Systems Inc. (CSCO) has announced its intention to acquire venture capital-funded ExtendMedia, which is a maker of content management system (CMS) software. The deal, which according to some could be worth as much as $80 million, is expected to provide Cisco the necessary technology for...
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Zacks Analyst Blog Highlights: TiVo, EchoStar Communications, Comcast, Microsoft and Sony - Press Releases
Friday, August 27, 2010 - 7:36am | 1554For Immediate Release Chicago, IL – August 27, 2010 – Zacks.com Analyst Blog features: TiVo Inc. (TIVO), EchoStar Communications Corp. (SATS), Comcast Corp. (CMCSA), Microsoft Corp. (MSFT) and Sony Corp. (SNE ). Here are highlights from Thursday’s Analyst Blog: TiVo Beats But Loss Widens A leading...
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Top 4 Stocks In The Diversified Communication Services Industry With The Highest Dividend Yield (ELNK, TEO, TI, RRST)
Friday, August 27, 2010 - 5:02am | 126Below are the top diversified communication service stocks on the NYSE and the NASDAQ in terms of dividend yield. EarthLink Inc (NASDAQ: ELNK) has a dividend yield of 7.50%. ELNK’s shares closed at $8.54 yesterday. Telecom Argentina SA (NYSE: TEO) has a dividend yield of 4.40%. TEO’s shares closed...
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TiVo Beats but Loss Widens - Analyst Blog
Thursday, August 26, 2010 - 4:04pm | 1056A leading provider of advanced television services, TiVo Inc. (TIVO) reported better-than-expected second quarter of fiscal 2011 results. A loss per share of 13 cents beat the Zacks Consensus Estimate of 15 cents, but decreased from year-ago quarter’s loss of 3 cents per share. The year-over-year...
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Bearish MACD for Mediacom - Tale of the Tape
Thursday, August 26, 2010 - 12:45pm | 113Mediacom Communications Corp.’s (MCCC) MACD indicator has moved into bearish territory with a reading of -0.0521. The Zacks #5 Rank (“Strong Sell”) stock slipped more than 1% to $6.82 in afternoon trade. The Zacks Consensus Estimate on the company’s earnings for 2010 reduced 18 cents over the past...
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Outdoor Channel Announces Launch in Asia
Thursday, August 26, 2010 - 8:53am | 92Outdoor Channel (Nasdaq: OUTD), today announced an exclusive multi-year distribution agreement with Multi Channels Asia, a Singapore-based distributor of TV networks in Asia and the Pacific. Under the partnership, MCA will have exclusive access to distribute and market the network's high definition...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, August 26, 2010 - 8:35am | 306Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: Hitachi Ltd (HIT) Kensey Nash Corp (KNSY) New Century Bancorp Inc (NCBC) RCN Corp (RCNI) Stoneridge Inc (SRI) View the entire Zacks #1 Rank List. HITACHI (HIT): Free Stock Analysis Report KENSEY NASH CP (KNSY): Free...
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Apple Talks to Rent Shows Through iTunes
Wednesday, August 25, 2010 - 7:08am | 183CUPERTINO, Calif. (TheStreet) -- Apple (Nasdaq: AAPL) is talking to major TV companies to rent TV shows to viewers for 99 cents through iTunes, Reuters and other media outlets report. Apple is in talks with News Corp. (Nasdaq: NWS), Walt Disney (NYSE: DIS) and other media conglomerates, Reuters...
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Top Performing Industries For August 23 (BBGI, MOS, DUCK, NPD)
Monday, August 23, 2010 - 12:04pm | 221At 11:24 am, the Dow lost 0.11% to 10,202.08, the broader Standard & Poor's 500 index moved down 0.15% to 1,070.04 and the NASDAQ composite index fell 0.65% to 2,165.48. The industries that are still afloat in the market today are: Broadcasting - Radio: This industry jumped 1.34% by 11:24 am....
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Verizon to Launch iPad Live TV App - Analyst Blog
Monday, August 23, 2010 - 8:21am | 816Verizon Communications (VZ) plans to launch a software application for mobile devices that will enable the FiOS TV customers to watch live television shows and movies on Apple Inc.'s (AAPL) iPad. FiOS TV customers can watch one program through Verizon's set-top box on a traditional TV and...
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Neutral On Liberty Global - Analyst Blog
Thursday, August 19, 2010 - 3:04pm | 395We upgrade our recommendation for Liberty Global Inc. (LBTYA) to Neutral based on our assessment that the company’s top line may improve in future due to solid growth in Chile and Australia. Liberty Global is the dominant cable operator in these markets, which are relatively less competitive than...
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Earning Scorecard: TWC - Analyst Blog
Thursday, August 19, 2010 - 1:34pm | 1420The second largest cable operator in the United States, Time Warner Cable Inc. (TWC) postedexcellent second quarter 2010 financial results, which beat the Zacks Consensus Estimate. The increase was attributable to both the Commercial and Residential Subscription revenues, which grew along with...