-
Wunderlich Reiterates On Dish Network Following Agreement With CBS
Monday, December 8, 2014 - 10:14am | 280Read More...Dish Network Corp (NASDAQ: DISH) and CBS Corporation (NYSE: CBS) agreed to a multi-year distribution agreement over the weekend, following a brief blackout in 18 markets on Friday. Matthew Harrigan of Wunderlich Securities stated in a note on Monday that the agreement does not affect a revision...
-
Morningstar Analyst On CBS-Starz Buyout Rumor: 'They're Not Necessarily Looking To Put $5B Into A New Cable Channel Right Now'
Thursday, December 4, 2014 - 5:58pm | 192Read More...After CNBC’s David Faber tweeted that CBS Corporation (NYSE: CBS) had no interest in acquiring Starz (NASDAQ: STRZA), Morningstar Equity Analyst Neil Macker told Benzinga that he can see why the company is not necessarily looking to put $5 billion into a new cable channel right now....
-
Starz Falls As CNBC's David Faber Says CBS Has No Interest
Thursday, December 4, 2014 - 11:31am | 130Read More...Shares of Starz (NASDAQ: STRZA) fell Thursday morning amid CNBC’s David Faber reporting that CBS had no interest in acquiring the company. Sources say CBS won't buy Starz, @CNBC's @DavidFaber reports. — CNBC Now (@CNBCnow) December 4, 2014 The company has been looking for a...
-
M&A Talk Boosts Shares Of Starz Higher
Monday, November 24, 2014 - 12:14pm | 246Read More...Shares of Starz (NASDAQ: STRZA) traded higher on Monday morning after reports surfaced over the weekend that the company is considering a sale of itself. The New York Post reported Friday evening that Starz is seeking around $5 billion in a potential sale of itself and the company has drawn...
-
Jana Partners 13F Filing Shows Moves In Alibaba & Other Big Names
Friday, November 14, 2014 - 12:34pm | 411Read More...In a 13F filing report on Friday, activist hedge fund Jana Partners reported all positions it held as of September 30, 2014. Jana Partners closed out positions in the following: Sold 200,000 shares of CBS Corporation (NYSE: CBS) class A shares and 4,127,149 shares of CBS Class B shares....
-
Dow, S&P 500 Close Yet Again At Record Highs Ahead Of Friday's Employment Report
Thursday, November 6, 2014 - 6:00pm | 711Read More...U.S. stocks rose as the Dow and S&P 500 closed yet again at new record highs. Helping the bull charge includes positive economic reports including the number of Americans filling for jobless benefits falling from a week ago. Also, reassurances from the European Central Bank were conveyed...
-
Barron's Recap: The Bull Will Be Back
Monday, October 20, 2014 - 6:34am | 897Read More...This weekend in Barron's online: the Big Money Poll, Barron's Asia debuts and investment ideas from the best of the best advisors, as well as the prospects for CBS, Zurich Insurance, Western Digital and more. Cover Story "The Bull Will Be Right Back" by Jack Willoughby. In...
-
Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915Read More...U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
-
How Netflix Could Drop To $250 In 90 Days
Thursday, October 16, 2014 - 1:29pm | 774Read More...Netflix, Inc. (NASDAQ: NFLX) fell more than 25 percent in after-hours trading Wednesday after the company revealed its Q3 results and Q4 guidance. The decline initially reduced Netflix's price to roughly $350 per share. The stock recovered slightly on Thursday but was still down 20 percent...
-
Markets Rebound After Getting Crushed Intraday, Still Close Lower
Wednesday, October 15, 2014 - 4:57pm | 2525Read More...U.S. stocks tumbled further on Wednesday and recovered significantly from intraday lows in a day of heavily volatility. The Dow traded lower by more than 450 points, dipping below 16,000 levels the index hasn't seen since February. The index recovered most of the losses but still closed the...
-
Markets Continue To Rally Ahead Of Yellen's Speech At Jackson Hole
Thursday, August 21, 2014 - 5:16pm | 2993Read More...U.S. stocks rose as the S&P 500 toppled to a new all-time high of 1,994.76 while the Dow rose above the 17,000 mark following positive economic reports. Speaking from Jackson Hole, San Francisco's Federal Reserve President John Williams stated that raising the benchmark interest rate...
-
3 Companies That Should Grab Xbox Entertainment Studios
Wednesday, August 20, 2014 - 11:02am | 737Read More...Time Warner (NYSE: TWX) is rumored to be interested in acquiring Xbox Entertainment Studios from Microsoft (NASDAQ: MSFT). Few analysts were interested in talking to Benzinga about the rumor, which may turn out to be completely false given Microsoft's official statement on the matter....
-
CBS Sending Big Message To Affiliates
Wednesday, August 13, 2014 - 1:05pm | 405Read More...CBS (NYSE: CBS) is sending a message to its affiliates: Pay up or get out. In an apparent dispute over fees for sports and prime-time programming, CBS on Monday pulled the plug on Lin Media (NYSE: TVL) in Indianapolis and will move its broadcasts there to Tribune Media's (OTC: TRB) WTTV-TV...
-
Earnings Expectations For The Week Of August 4: Media Giants, Retailers And More
Sunday, August 3, 2014 - 11:25am | 1049Read More...Much of the S&P 500 have already shared their second-quarter results, but earnings season rolls on this week. Big media players will take their turns stepping into the spotlight this week. Tuesday morning look for results from Walt Disney (NYSE: DIS). Earnings per share are expected be by...
-
6 Companies That Could Acquire AMC Networks
Wednesday, July 16, 2014 - 4:39pm | 1036Read More...Twenty-First Century Fox (NASDAQ: FOXA) stunned investors Wednesday when it was revealed that the company offered to acquire Time Warner (NYSE: TWX) for $80 billion. The deal (which valued Time Warner at $85 per share) was ultimately rejected, but that didn't stop investors from buying the...
