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Business Line Between Cable And Mobile Continues To Blur
Tuesday, January 24, 2017 - 3:12pm | 347Read More...AT&T Inc. (NYSE: T) proposed to acquire Time Warner Inc (NYSE: TWX), Verizon Communications Inc. (NYSE: VZ) bought Yahoo! Inc. (NASDAQ: YHOO)'s internet properties and now Sprint Corp (NYSE: S) bought a 33 percent stake in the streaming music service Tidal. What Do All These Deals Have In...
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What's Better Than Buffett?
Sunday, October 2, 2016 - 10:16am | 670Read More...The cover story in this weekend's Barron's takes a look at a media empire that has offered better returns than Warren Buffett. Despite outsized returns in the past decade. a case is made for more room to grow among the nine stocks under the umbrella. Another featured article the...
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3 Recent Deals Show Discovery Communications Management Building A 'Foundation For Future Growth'
Friday, August 12, 2016 - 4:11pm | 291Read More...Argus analyst Joseph Bonner highlighted Discovery Communications Inc. (NASDAQ: DISCA) as a Value Stock on Friday, reiterated a Buy rating and $40 price target on Class A shares. The report pointed out three main reasons for the firm’s bullishness: The robust constant currency revenue...
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Axiom's Victor Anthony: Time To Buy QVC, A 'Quality Asset' With Cheap Valuation
Tuesday, July 7, 2015 - 2:14pm | 330Read More...In a report published Tuesday, Axiom’s Victor Anthony initiated coverage on shares of Liberty Interactive Group (NASDAQ: QVCA) with a Buy rating and a $33 price target. The analyst thinks Liberty Interactive is quality asset “due to international diversification, a high margin...
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5 Companies That Narrowly Escaped Disaster
Tuesday, May 26, 2015 - 5:19pm | 472Read More...With the low point of the Financial Crisis now more than six years in the rear-view mirror, 24/7 Wall Street recently compiled a list of five of the biggest turnaround stories since the market crash. These five companies teetered on the brink of disaster, but they have since made major comebacks...
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1 Reason CBS Could Be Spiking
Thursday, April 2, 2015 - 3:09pm | 262Read More...Shares of CBS Corporation (NYSE: CBS) surged over 2 percent Thursday amid speculation at The Information, a technology news site. Contributor Martin Peers suggested that John Malone, Chairman of Liberty Media Corp (NASDAQ: LMCA), could acquire CBS to create a media conglomerate that would...
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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...
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John Malone On Economics Of Delivering Content Over The Internet
Wednesday, November 19, 2014 - 2:54pm | 382Read More...John Malone, chairman of Liberty Media Corp (NASDAQ: LMCA), is somewhat of a legend when it comes to the media and telecommunications business. The kind of success Malone has had with his media investments are only attributable to the deep understanding he has of the business. That's why when...
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Liberty Media's Bid For SiriusXM 'Ludicrous'
Wednesday, January 8, 2014 - 4:42pm | 340Read More...Consumer advocate Ralph Nader said that Liberty Media's (NASDAQ: LMCA) offer on January 3 to acquire Sirius XM Radio (NASDAQ: SIRI) for $3.68 a share was “ludicrous.” The former presidential candidate is speaking up as he is personally a shareholder of Sirius XM. “I am sure that I along with...
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Charter Continues Talks on Financing for Time Warner Cable Bid
Friday, November 22, 2013 - 2:06pm | 259Read More...Charter Communications (NASDAQ: CHTR) continues their talks with banks in an effort to borrow capital for a bid for Time Warner Cable (NYSE: TWC). The Wall Street Journal noted that Charter has discussed a multi-billion dollar debt package with Bank of America (NYSE: BAC), Barclays and Deutsche...
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Malone Wants Charter to Acquire Time Warner Cable (TWC)
Friday, June 28, 2013 - 10:10am | 562Read More...Liberty Media(NASDAQ: LMCA) billionaire Chairman John Malone is back at the drawing board – looking for ways in which Charter Communications (NASDAQ: CHTR) could acquire Time Warner Cable (NYSE: TWC), according to Bloomberg. Liberty has a 27 percent stake in Charter. This, despite the fact...
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Liberty Media Expected to Buy 25% of Charter Communications
Monday, March 18, 2013 - 3:48pm | 534Read More...Liberty Media (NASDAQ: LMCA) (NASDAQ: LMCB) is reportedly in talks with Charter Communications (NASDAQ: CHTR) to acquire 25 percent of the firm. According to The Wall Street Journal, the deal would be worth nearly $2.5 billion. If this report proves to be true, it will be Liberty Media's first...
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Liberty Media's John Malone Digs At Sirius CEO
Friday, July 13, 2012 - 1:24pm | 308Read More...Media and communications company Liberty Media's (NASDAQ: LMCA) chairman John Malone has said publically that he is more concerned about evolving technologies than Sirius (NASDAQ: SIRI) CEO Mel Karmazin. In an interview with the Wall Street Journal, the 71-year-old Malone said, "I'm a very long-...
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Is There A Nook And A Crack In The Deal For Barnes & Noble?
Thursday, August 4, 2011 - 11:42am | 637Read More...Back in early May, Liberty Media (NASDAQ: LCAPA) announced it had put an offer to Barnes & Noble, Inc. (NYSE: BKS) to buy 70% of the company, at $17 per share. Initially shares of Barnes & Noble spiked on the news, moving towards $20 per share, higher than the initial bid. Then some got...
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Barnes & Noble Down On Earnings Miss
Tuesday, June 21, 2011 - 11:19am | 188Read More...Barnes & Noble, Inc. (NYSE: BKS) shares are down, but well off the lows of the session after the book seller reported earnings this morning that missed Wall Street consensus. The company reported a quarterly loss of $1.04 per share on $943 million in revenues. Wall Street had been expecting a...
