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Afternoon Movers; Monster Worldwide Down 5.35%
Wednesday, August 31, 2011 - 2:34pmDISH Network (NASDAQ: DISH) +5.40% - hearing reports saying that the company may consider selling itself after building spectrum. Human Genome Sciences (NASDAQ: HGSI) -5.00% after Citigroup lowers the company's PT to $15. Standard Pacific (NYSE: SPF) -5.17% on low volume. bebe stores (NASDAQ:...
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Notable Call Options Activity in Scripps Networks Interactive
Wednesday, August 31, 2011 - 9:47amShares of Scripps Networks Interactive (NYSE: SNI) are higher on the session by 2.00%, currently trading at $42.93. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short...
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UPDATE: Wunderlich Lowers PT on Liberty Capital Group to $84
Tuesday, August 30, 2011 - 7:29amWunderlich is out with its report today on Liberty Capital Group (NASDAQ: LCAPA), lowering its PT to $84 from $95. In its report, Wunderlich writes, "We are maintaining our Buy rating on Liberty Capital Group (LCAPA) after updating asset values and targets for recent market activity, but we are...
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Playboy Club to Return to Chicago
Monday, August 29, 2011 - 8:06pm
Playboy Enterprises says it has reached a deal with Boston-based real estate capital and advisory firm Tremont Realty Capital to open a new Playboy Club in Chicago, where it all began in 1960. The club will occupy a mansion at location at 1150 N. Dearborn St. Tom Morgan, general counsel for...
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Notable Call Options Activity in Virgin Media
Thursday, August 25, 2011 - 9:54amShares of Virgin Media (NASDAQ: VMED) are lower on the session by 1.90%, currently trading at $23.72. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the January...
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Gray Completes Privately Negotiated Repurchase of Additional 32.56 Shares of its Preferred Stock
Thursday, August 25, 2011 - 8:20amGray Television, Inc (NYSE: GTN) announced that on August 23, 2011 it completed the repurchase of an additional 32.56 shares of its Series D perpetual preferred stock in a private transaction. These shares were repurchased at their liquidation value of $100,000 per share, plus accrued dividends of...
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Single Touch Systems Cites Patent Ownership in "Letter of Notification" to Hulu
Thursday, August 25, 2011 - 8:19amSingle Touch Systems Inc. (OTC: SITO) today announced that on August 22, it issued a “Letter of Notification” to Hulu regarding Single Touch's issued patents directed to streaming and routing media, including U.S. Patent Nos. 7,054,949, 7,191,244, and 7,689,706. The letter was sent on behalf of...
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Wunderlich Lowers PT on DISH Network to $27
Thursday, August 25, 2011 - 5:13amWunderlich Securities has lowered the price target on DISH Network (NASDAQ: DISH) from $31 to $27 and maintains its Hold rating.
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Wednesday, August 24, 2011 - 2:41pm
Time To Look At CBS Again?
With the recent equity market volatility, shares across every sector have fallen sharply. That does not mean that fundamentals have changed that much, especially for the media companies. In fact, CBS (NYSE: CBS) appears to be getting stronger, not weaker, and the recent pullback in shares could...
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Barrington Research Reaffirms Time Warner Cable Outperform, PT
Wednesday, August 24, 2011 - 11:01amBarrington Research reaffirmed its Time Warner Cable (NYSE: TWC) Outperform rating and $85 price target in a research report published today. In the report, Barrington Research states, "We continue to expect that by 2013 the corporate gross margin dollar mix will begin to tip toward high-speed...
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