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Sinclair Broadcast Up 6.8% On Earnings Beat (SBGI)
Wednesday, August 4, 2010 - 2:40pm | 277Shares of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) are trading up 6.8% at $6.40 per share during the Wednesday afternoon trading session. The day's trading range for shares of Sinclair Broadcast Group, Inc. has been between $6.08 and $6.46 per share. Analysts covering the company's stock give...
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Top Narrow Based Indexes For August 4 (XJT, EMMS, XOMA)
Wednesday, August 4, 2010 - 2:20pm | 211By 12:59 pm, the Dow Jones Industrial Average was up 35.46 points, or 0.33%, to 10,671.84, while the broader Standard & Poor's 500 index had gained 4.63 points, or 0.41%. The NASDAQ composite index rose 15.41 points, or 0.67%. Some of the narrow based indexes supporting the markets are Airline...
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Top Narrow Based Indexes For August 4 (XJT, EMMS, XOMA)
Wednesday, August 4, 2010 - 2:13pm | 211By 12:59 pm, the Dow Jones Industrial Average was up 35.46 points, or 0.33%, to 10,671.84, while the broader Standard & Poor's 500 index had gained 4.63 points, or 0.41%. The NASDAQ composite index rose 15.41 points, or 0.67%. Some of the narrow based indexes supporting the markets are Airline...
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Knology Shares Jump 10% On Earnings Beat (KNOL)
Wednesday, August 4, 2010 - 1:56pm | 240Shares of communications services provider Knology, Inc. (Nasdaq: KNOL) are trading up 9.86% at $12.59 per share during the Wednesday afternoon trading session. The day's trading range for shares of Knology, Inc. has been between $11.49 and $12.76 per share. Analysts covering the company's stock...
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Puts Purchased on Virgin Media (VMED)
Wednesday, August 4, 2010 - 1:07pm | 142Shares of Virgin Media Inc. (NASDAQ: VMED) are lower on the session by 1.52%, currently trading at $21.31. The stock has been trading largely higher over the past six months and is trading just off of fresh 52-week highs set on Monday. Options traders are bracing for a further pullback by buying...
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Liberty Global Ups EPS, Misses Rev. - Analyst Blog
Wednesday, August 4, 2010 - 11:54am | 574Yesterday, after market close, Liberty Global Inc. (LBTYA) declared financial results for the second quarter of 2010. Quarterly GAAP net loss from continuing operations was $656.3 million or a loss of $2.58 per share compared with a net loss of $57.3 million or a loss of 35 cents per share in the...
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Top Performing Industries For August 4 (THC, EXPE, EMMS, ERTS)
Wednesday, August 4, 2010 - 11:28am | 218At 10:44 am, the Dow gained 0.05% to 10,642.06, the broader Standard & Poor's 500 index moved up 0.04% to 1,120.96 and the NASDAQ composite index rose 0.14% to 2,286.67. The industries that are driving the market today are: Hospitals: This industry jumped 3.87% by 10:44 am. The top stock within...
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Mid-Day Market Movers (XJT, WWWW, NOVB, EMMS)
Wednesday, August 4, 2010 - 10:29am | 121Expressjet Holdings Inc (NYSE: XJT) jumped 99.09% to $6.53 by 10:20 am. SkyWest has agreed to buy XJT for $133 million. Web.com Group, Inc (NASDAQ: WWWW) shares surged 36.83% to $4.57. WWWW’s earnings in Q2 declined year/year. North Valley Bancorp (NASDAQ: NOVB) shares advanced 23.94% to $2.33....
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SIRIUS XM Posts Excellent Results - Analyst Blog
Wednesday, August 4, 2010 - 10:02am | 611SIRIUS XM Radio Inc. (SIRI) declared highly encouraging financial results for the second quarter 2010. These were the combined results of double-digit growth in revenue, significantly higher net addition to its pay-radio services, and a meaningful improvement in ARPU. Quarterly net income was $15.3...
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CBS Corp. Beats Analysts' EPS Estimates (CBS)
Tuesday, August 3, 2010 - 4:11pm | 136CBS Corp. (NYSE: CBS) reported Q2 earnings per share of $0.25 after the opening bell on Tuesday. This compares with Wall Street EPS expectations of $0.21. Revenues were $3.33 billion, which came in ahead of analysts' estimates of $3.24 billion. In the after hours trading session, CBS has gained 1....
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CBS Reports Earnings, Beats Estimates (CBS)
Tuesday, August 3, 2010 - 4:02pm | 30CBS Corporation (NYSE: CBS) reports Q2 earnings of $0.25 versus estimates of $0.21. CBS Corporation reports Q2 revenues of $3.3 billion versus estimates of $3.24 billion.
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J.P. Morgan Neutral On SIRI Ahead of Earnings
Tuesday, August 3, 2010 - 9:04am | 94Analysts at J.P. Morgan are Neutral on shares of Sirius XM Radio (SIRI) ahead of earnings with a price target of $1.05. In its report, J.P. Morgan cited valuation remaining a challenge, that "Although we think there’s a lot to like in the story and the execution, valuation remains a concern."...
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Wunderlich’s Entertainment Review (SNE, GE, CMCSA)
Monday, August 2, 2010 - 1:29pm | 282Wunderlich Securities is out with their weekly entertainment review this morning, where they review several movies currently at the box office. • Inception: Warner Bros. and Legendary sci-fi project fell only 36% in its third weekend to gross $27.5 mm. This comes after generating the highest...
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DIRECTV Beefs Up Its NFL SUNDAY TICKET Package
Monday, August 2, 2010 - 12:44pm | 92DIRECTV (Nasdaq: DTV) is adding every NFL game in HD, the Game Mix channel, the popular Red Zone Channel and more to its NFL SUNDAY TICKET™ service at no additional cost. DIRECTV’s online and mobile services — rebranded as NFL SUNDAY TICKET To-Go — are returning with live streaming video of up to...
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Week Ahead: Jobs, Cars and Retail Sales On Tap
Monday, August 2, 2010 - 7:02am | 510Jobs, cars and retail sales will lead the economic headlines next week. It’s also another big week for second-quarter earnings. The July unemployment rate, to be released next Friday, is expected to tick up to 9.6% from 9.5% in June. Auto makers and major retailers will release July sales figures...