-
Wunderlich Securities Has $1.00 Price Target On Sirius (SIRI)
Tuesday, March 23, 2010 - 12:35pm | 114According to a report released by Wunderlich Securities today, Sirius XM Radio, Inc. (NASDAQ: SIRI) the stock is interesting if March vehicle sales are not just temporarily inflated. The firm's $1 price target "simply reflects our skepticism on the economy despite the current burst of latent...
-
Volume Talks Monday: A Sirius Reversal
Tuesday, March 23, 2010 - 9:39am | 2912As the market traded higher across the board Monday on lighter volume, there were many stocks which traded higher/lower on above average volume. Today's breakout report is for Monday March 22, 2010. If this is your first time reading one of my breakout reports you'll want to read the section...
-
Dollar Down after Touching 10-Month High vs EUR
Tuesday, March 23, 2010 - 2:37am | 1315Dollar Down after Touching 10-Month High vs EUR The U.S. Dollar turned slightly lower versus the EUR as traders positioned for a big European Union (EU) meeting this week amid signs of a deepening divide among policy-makers over aid to Greece. Economic News USD – USD Weakens as Risk Sentiment...
-
Scripps To Expand Its Operations In India (SNI)
Monday, March 22, 2010 - 2:31pm | 170U.S. cable network operator Scripps Networks Interactive Inc. (NYSE: SNI) is looking to set up a shop in India. Greg Moyer, president of Scripps Networks International (SNI), said, “India has high quality craftsmanship and is less expensive than producing in other countries. We want to commission a...
-
Tivo Poised For Another Price Spike
Sunday, March 21, 2010 - 5:38pm | 60Tivo (TIVO) has recently blown the doors off of its price action, rising almost 70 percent last week after the federal appeals court upheld a contempt ruling against EchoStar (SATS) and Dish Network (DISH) for continual patent infringement. All of this isn't exactly stunning news of course but it...
-
Comcast Corporation (CMCSA) Maintains Buy Rating
Monday, March 15, 2010 - 11:25am | 181Wunderlich Securities has released an update on Comcast Corporation (NASDAQ: CMCSA). The company is subject to regulatory noise on mandated programming access, conditions on the NBC universal deal, and FCC broadband policy. The FCC will submit its plan to Congress for policy changes that recognize...
-
Sirius XM Added to NASDAQ Q-50/Refi 800 Million in Restricting Debt
Monday, March 15, 2010 - 9:46am | 58By Relmor Demitrius - Sirius XM Radio (NASDAQ:SIRI) had a slew of news hit the newswires on Friday. They were added to the NASDAQ Q-50 indext and refinanced 800 million in restrictive debt. First news reported was that Sirius XM was offering 550 million dollars in notes that would be used to...
-
Time Warner Cable: Improving but Not the Target we are Looking For
Sunday, March 14, 2010 - 12:13am | 1737For a pdf of this report, follow this link: Time Warner Telecom: Improving but Not the Target We are Looking For. At first glance, it seems that Time Warner Cable Inc. could be an interesting focus for activist investors like Pershing Square Capital Management LP. Just like Target Corp., which...
-
Court Upholds FCC Extension Of Content Access Rule (CMCSA) (DTV) (VZ)
Friday, March 12, 2010 - 4:42pm | 136A federal appeals court upheld a Federal Communications Commission rule that forces cable companies to make the programming from properties that they own available to rivals on equal terms. The FCC banned cable companies like Comcast Corporation (NASDAQ: CMCSA) from entering into exclusive deals...
-
Sirius XM Radio Delivers Yet Again With Bond Refinancing
Friday, March 12, 2010 - 11:54am | 51Sirius XM Radio (NASDAQ:SIRI) announced today its intent to sell 550 million in a new bond offering. They intend to use the money to pay off a bond note due in 2013 for 500 million dollars, with the remaining cash to be used to pay off expenses, and to strengthen their cash position.
-
Sirius XM Radio Holding Strong As Delisting Notification Approaches
Friday, March 12, 2010 - 9:09am | 60By Relmor Demitrius - Sirius XM will receive a delisting notification in a few days. Sirius XM Radio (NASDAQ:SIRI) investors have known this day has been coming for over a week now. Judging by dropping volume in the above 88 price range, and buying pressure keeping the stock from trading long...
-
Barron’s: Sprint May Go Through Rough Weather In Coming Years
Wednesday, March 10, 2010 - 3:23pm | 328In a research report posted on the Barron’s website by Eric Savitz, Bernstein Research analyst Craig Moffett maintained his “underperform” rating on Sprint (NYSE: S) and reduced its target price to $2.50 from $3. According to Moffett, bullishness surrounding the company’s stock is dependent on the...
-
Raymond James Downgrades RCNI To Market Perform
Wednesday, March 10, 2010 - 10:20am | 42Analysts at Raymond James downgrade RCN Corp (NASDAQ: RCNI) from "outperform" to "market perform." RCNI’s shares gained 0.59% to close at $15.22 yesterday. More Analyst Ratings here
-
Vanguard/MFC Global Add to Their Positions In Sirius XM Radio
Wednesday, March 10, 2010 - 8:59am | 52Relmor Demitrius - As reported in recent weeks, institutional ownership in shares of Sirius XM Radio (NASDAQ:SIRI) have been increasing. This is especially significant due to the distressed price levels the equity was experiencing and institutional interest in a stock that is bottoming is crucial...
-
iPhone (AAPL) Users To Get Relief From Jams As Time Warner’s (TWC) Cables Come To The Rescue
Monday, March 8, 2010 - 3:35pm | 145Bloomberg reports that Time Warner Cable’s (NYSE: TWC) service known as wireless backhaul, will ease the congestion precipitated by smartphones like iPhone (NASDAQ: AAPL). Wireless backhaul uses underground cables to carry mobile calls, and web downloads. It has become Time Warner’s fastest-...