-
Earnings Scorecard: DIRECTV - Analyst Blog
Wednesday, August 18, 2010 - 2:34pm | 1045DIRECTV (DTV) posted excellent financial results for its second quarter 2010, beating the Zacks Consensus Estimate. The solid results were thanks to double-digit revenue growth and significant margin expansion. During the reported quarter, the company started two new services, Whole Home DVR, as...
-
Windstream to Acquire Q-Comm - Analyst Blog
Wednesday, August 18, 2010 - 2:07pm | 764Windstream Corp. (WIN), the fifth largest local telephone carrier in the U.S., agreed to buy Q-Comm Corp., a privately held fiber-optic network operator, for $515 million plus debt. The acquisition is in sync with the consolidation trend in the telecommunication sector. Windstream will acquire Q-...
-
Televisa Enters Mobile Phone Market - Analyst Blog
Wednesday, August 18, 2010 - 10:22am | 598In a significant move, the Mexican wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) approved yesterday the auction bid submitted by Grupo Televisa S.A. (TV) and its partner Nextel for a 30 MHz nationwide block in the 1.7 GHz band of wireless frequency. Last July, Televisa and...
-
Rally Attributed to Housing Starts 08-17-2010
Tuesday, August 17, 2010 - 7:05pm | 871Cusick’s Corner The market held up again into the After Hours. Some market watchers are attributing the rally today on improved month-over-month Housing starts numbers, but remember that June was one of the lowest in over a year, so I would not put much emphasis on those results. If the market can...
-
Puts Purchased on Scripps Networks Interactive (SNI)
Tuesday, August 17, 2010 - 11:33am | 123Shares of Scripps Networks Interactive Inc. (NYSE: SNI) are higher on the session by 1.62%, currently trading at $42.68. The stock has been moving largely sideways for the past six months, though has held a longer-term uptrend. Options traders are buying puts on the name today, though this may be...
-
Arris Secured Big Edge-QAM Contract - Analyst Blog
Tuesday, August 17, 2010 - 12:24am | 664Recently, Arris Group Inc. (ARRS), a leading infrastructure gear supplier to cable operators won a significant contract from Time Warner Cable Inc. (TWC), as reported by LightReading. According to the source, Arris will supply the bulk (around 60%) of total edge-QAMs to Time Warner Cable. The...
-
Televisa-Nextel Bid Postponed - Analyst Blog
Monday, August 16, 2010 - 7:06pm | 536Recently Mexico’s wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) postponed a vote on whether it will allow Grupo Televisa S.A. (TV) to enter into a mobile phone segment. Televisa, together with its partner Nextel, is the sole bidder for a 30 MHz nationwide block in the 1.7 GHz...
-
Bearish MACD for CETV - Tale of the Tape
Friday, August 13, 2010 - 1:37pm | 120Central European Media Enterprises Ltd. ’s (CETV) MACD indicator has entered into bearish territory with a reading of -0.0012. The Zacks #5 Rank (“Strong Sell”) stock dropped slightly to $21.69 in morning trade. The Zacks Consensus Estimate for the year ending December 2010 is currently pegged at a...
-
Wunderlich Sees Large Ad Market Gains For Scripps Networks
Friday, August 13, 2010 - 9:34am | 100Scripps Networks Interactive, Inc. (NYSE: SNI) reported 2Q results that Wunderlich describes as "best-in-class", showing EPS of $0.59 over Wunderlich's estimate of $0.49. Revenues are expected to yield from 11% ad growth at Food Network, 7% at HGTV, and 8% at Travel Channel, and Scripps reported...
-
Deflation on the Brain 08-12-2010
Thursday, August 12, 2010 - 2:39pm | 871Cusick’s Corner With deflation on the brain, the market still seems to be in risk-off mode. Major markets, bond yields, the Euro and Aussie currencies are all in the red. Some analysts see this market correlating to the markets in late summer of 2008. However, there is one big difference --...
-
Microsoft, Yahoo Get Inventive - Analyst Blog
Thursday, August 12, 2010 - 9:19am | 728Tying advertisements to Internet users’ online behavior has so far remained restricted to text searches, but the trend is changing. There is a growing belief that consumers prefer to view ads of their choice when they go online, which is driving some big technology names such as Microsoft (MSFT)...
-
Are Meteor Showers True Risks To Satellite Companies? (BA, DGI, GEOY, GILT, DISH, DTV, SIRI, HUGH, ICOG, IRDM, GSAT, ORBC, ORB, LORL)
Thursday, August 12, 2010 - 8:33am | 442There is a low-probability event cresting today and tomorrow that could pose risks to businesses that rely upon the availability and operations of satellites in orbit. This comes annually via the Perseid Meteor Shower that has started over the last weekend. Space.com noted “The peak of this year’...
-
What Two Stocks Do Warren Buffett and George Soros Agree On?
Thursday, August 12, 2010 - 12:37am | 315The two top traders/investors are Berkshire Hathaway's (BRK-A) (BRK-B) Warren Buffett and George Soros. Both of these billionaires have been investing in stocks for years, with very successful track records. If you look at the list of stocks that each own, you will find only two that they agree on...
-
Earnings Scorecard: Comcast Corp. - Analyst Blog
Wednesday, August 11, 2010 - 2:37pm | 1038Comcast Corp. (CMCSA) reported second quarter 2010 financial results, exceeding the Zacks Consensus Estimate by a penny. This better-than-expected performance was driven by solid customer growth and an improving advertising market. Quarter’s Highlights Adjusted EPS in the reported quarter was...
-
Bears/Bulls Waiting to See Who Blinks First 08-11-2010
Wednesday, August 11, 2010 - 2:30pm | 860Cusick’s Corner It looks like the market is starting to fear the Fed’s two main concerns -- weak recovery and potential deflation. So the Fed jumped in and told everyone that they are now magically pulling out money to buy Treasurys, infusing capital into the system while hopefully holding off...