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BTIG Downgrades Twenty-First Century Fox Amid Broader Media Concern
Thursday, March 17, 2016 - 10:01am | 303BTIG’s Richard Greenfield downgraded the rating on Twenty-First Century Fox Inc (NASDAQ: FOXA) from Buy to Neutral. Shrinking Bundles Greenfield believes that multichannel video bundles would inevitably shrink going forward. While FOX broadcast network was likely to be included in a...
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Wall Street Disagrees Over Cheesecake Factory
Tuesday, October 27, 2015 - 10:15am | 293Shares of Cheesecake Factory Inc (NASDAQ: CAKE) have declined 6.69 percent over the last three months, touching a low of $50.71 on October 23. BTIG’s Peter Saleh has upgraded the rating on the company from Neutral to Buy, with a price target of $60. The upgrade in the rating is...
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Speculation Continues About Dish/DirecTV Merger
Thursday, March 27, 2014 - 12:30pm | 619According to the Los Angeles Times, speculation about a merger between satellite broadcast companies Dish Network (NASDAQ: DISH) and DirecTV (NASDAQ: DTV) pops up about once every six months or so. Based on these rumors, the Times said, Dish and DirecTV stocks get a boost...then time passes,...
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Cable Satellite Providers May Clone Aereo
Tuesday, October 29, 2013 - 2:11pm | 585The face of broadcast television, at least the part that makes money from cable and satellite providers, may be about to change. Bloomberg reported that DirecTV (NASDAQ: DTV), Time Warner Cable (NYSE: TWC) and Charter Communications (NASDAQ: CHTR), are looking into capturing broadcast-TV signals...
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Three Dow Components Booted Tuesday, But Don't Read Too Much Into The Decision (AA, BAC, HPQ)
Tuesday, September 10, 2013 - 3:45pm | 646In a move described as the largest in nearly a decade, The Wall Street Journal reported Tuesday that Alcoa (NYSE: AA), Hewlett-Packard (NYSE: HPQ), and Bank of America (NYSE: BAC) would be dropped from the Dow Industrials at the close of trading September 20. Goldman Sachs (NYSE: GS), Nike (...