-
DIRECTV Beats Zacks Estimates - Analyst Blog
Thursday, August 5, 2010 - 2:44pm | 536DIRECTV (DTV) today declared excellent financial results for its second quarter 2010. Supported by double-digit revenue and significant margin expansion, both top-line and bottom-line outperformed the Zacks Consensus Estimates. During the reported quarter, the company has started two new services:...
-
Calls Purchased on Dish Network (DISH)
Thursday, August 5, 2010 - 1:31pm | 135Shares of Dish Network Corp. (NASDAQ: DISH) are higher on the session by 1.78%, currently trading at $20.64. The stock has been moving largely higher over the past four weeks, off from a recent low of $17.75. Options traders are buying calls on the name today, betting that the stock can rally...
-
Time Warner Cable Outperforms - Analyst Blog
Thursday, August 5, 2010 - 1:26pm | 636Time Warner Cable Inc. (TWC) reported excellent second-quarter 2010 financial results, which exceeded the Zacks Consensus Estimate. Both the Commercial and Residential Subscription revenues grew together with Advertising revenues. GAAP net income was $342 million or 95 cents per share compared...
-
Knology Reiterated As A 'Buy' Stock
Thursday, August 5, 2010 - 10:02am | 104Knology, Inc. (NASDAQ: KNOL) reported revenues of $113M and EBITDA of $39M in its 2Q, and announced its acquiring of Sunflower Broadband for $165M, a deal expected to close in 4Q10, according to Jefferies & Company, whose estimates fell in line with the results. The acquisition will be made...
-
JP Morgan Adjusts Estimates For Sirius XM
Thursday, August 5, 2010 - 9:49am | 105Sirius XM Radio Inc. (NASDAQ: SIRI) reported better than expected 2Q results, with only equity valuation left to question, JP Morgan reports. JPM expects FY10 EBITDA of $610M, up 32% y/y and ahead of the company's $575M guidance, which JPM views as conservative. 1.3M subscribers are expected to...
-
JP Morgan Adjusts Estimates For Sirius XM
Thursday, August 5, 2010 - 9:49am | 105Sirius XM Radio Inc. (NASDAQ: SIRI) reported better than expected 2Q results, with only equity valuation left to question, JP Morgan reports. JPM expects FY10 EBITDA of $610M, up 32% y/y and ahead of the company's $575M guidance, which JPM views as conservative. 1.3M subscribers are expected to...
-
JP Morgan Adjusts Estimates For Sirius XM
Thursday, August 5, 2010 - 9:45am | 105Sirius XM Radio Inc. (NASDAQ: SIRI) reported better than expected 2Q results, with only equity valuation left to question, JP Morgan reports. JPM expects FY10 EBITDA of $610M, up 32% y/y and ahead of the company's $575M guidance, which JPM views as conservative. 1.3M subscribers are expected to...
-
JP Morgan Adjusts Estimates For Sirius XM
Thursday, August 5, 2010 - 9:45am | 105Sirius XM Radio Inc. (NASDAQ: SIRI) reported better than expected 2Q results, with only equity valuation left to question, JP Morgan reports. JPM expects FY10 EBITDA of $610M, up 32% y/y and ahead of the company's $575M guidance, which JPM views as conservative. 1.3M subscribers are expected to...
-
Zacks Analyst Blog Highlights: Automatic Data Processing, Ford, Toyota Motor, Time Warner and SIRIUS XM Radio - Press Releases
Thursday, August 5, 2010 - 8:53am | 2109For Immediate Release Chicago, IL – August 05, 2010 – Zacks.com Analyst Blog features: Automatic Data Processing (ADP), Ford (F), Toyota Motor Corp. (TM), Time Warner Inc. (TWX) and SIRIUS XM Radio Inc. (SIRI ). Here are highlights from Wednesday’s Analyst Blog: ADP Sees Private Sector Grow Jobs...
-
Benzinga’s Top Pre-Market NASDAQ Gainers (NETC, KLIC, SOLR, ATPG)
Thursday, August 5, 2010 - 8:38am | 137NET Servicos de Comunicacao SA (NASDAQ: NETC) rose 17.19% to $13.50 in the pre-market session. NETC is among the top 5 broadcasting stocks with the highest ROA. Kulicke and Soffa Industries Inc (NASDAQ: KLIC) added 14.72% to $8.26 in pre-market trading. KLIC had posted Q3 profits above expectations...
-
Trading's a Grind -- Waiting on Unemployment Number
Wednesday, August 4, 2010 - 6:39pm | 733Cusick’s Corner There’s not much more to say about today’s action that hasn’t already been said this week – it’s a GRIND! Pay attention to the Claims data due out before the open at 8:30am ET. It’s worth taking a look at the key support and resistance levels going into the numbers tomorrow and...
-
Sirius XM Updating Howard Stern's Status
Wednesday, August 4, 2010 - 5:35pm | 62On a conference call, Sirius XM (Nasdaq: SIRI) CEO Mel Karmazin said that SIRI expects "to have an announcement as to what is going on” with Howard Stern. Howard Stern’s current contract with Sirius expires at the end of this year. Finally, Howard Stern's stock options are below Sirius XM's current...
-
CBS Beats Zacks Consensus - Analyst Blog
Wednesday, August 4, 2010 - 4:09pm | 762CBS Corp. (CBS), a diversified media conglomerate, recently posted second-quarter 2010 results that topped the Zacks’ expectation and portrayed a substantial improvement from the year-ago quarter on the heels of a better operating environment and cost-containment efforts, thereby joining other...
-
China Orders Stress Tests 08-04-2010
Wednesday, August 4, 2010 - 3:26pm | 841Cusick’s Corner We were reminded today that this market is still sensitive to headline risk – there was a report that the Chinese government ordered its banks to stress test a 60% loss in property value, the market immediately pulled back. This was a short lived pullback that is resulting in...
-
Top 5 Percentage Gainers On NASDAQ (WWWW, EMMS, AREX, PCLN, FTLK)
Wednesday, August 4, 2010 - 3:02pm | 140These are the top 5 percentage gainers on the Nasdaq today (minimum of 100,000 shares traded). Web.com Group, Inc (Nasdaq: WWWW) is at $4.63, up $1.29 (38.62%) after the internet company reported strong quarterly earnings yesterday. Emmis Communications Corporation(Nasdaq: EMMS) is at $2.07, up $0....