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DirecTV, Viacom End Dispute, Bringing 17 Channels Back to Subscribers
Friday, July 20, 2012 - 8:09am | 624After a lengthy dispute that left millions of viewers without Nickelodeon, Comedy Central, MTV, BET, Spike, CMT, and TV Land for 10 days, DirecTV (NYSE: DTV) and Viacom (NASDAQ: VIA) (NASDAQ: VIAB) have announced that they have reached a new long-term agreement that will ensure viewers can keep up...
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Time Warner Cable, Others Back DirecTV in Viacom Dispute
Wednesday, July 18, 2012 - 8:28am | 476DirecTV (NYSE: DTV), which is currently in a program-fee dispute with Viacom (NASDAQ: VIA) (NASDAQ: VIAB), has received the support of three major cable providers, including Time Warner Cable (NYSE: TWC). Viacom has been seeking a new contract with DirecTV that would raise its rates by as much as...
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Earnings Expectations for the Week of April 30 (CMCSA, GM, KFT, V)
Sunday, April 29, 2012 - 9:02am | 1279Apple (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) may have posted stellar results, but earnings season rolls on. Here is a quick day-by-day rundown of what analysts are expecting from some of this week's most prominent earnings reports. Monday Anadarko Petroleum (NYSE: APC) and Watson...
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Earnings Expectations for the Week of January 30
Sunday, January 29, 2012 - 10:53am | 1336Lots more earnings are on the schedule for this week, even as the calendar page turns. Look for quarterly results to come from Exxon Mobil (NYSE: XOM), Hershey (NYSE: HSY), Kellogg (NYSE: K), MasterCard (NYSE: MA), Northrop Grumman (NYSE: NOC) and United Parcel Service (NYSE: UPS). Analysts expect...
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Earnings Expectations for the Week of November 7
Saturday, November 5, 2011 - 12:19pm | 885Many of the S&P 500 have already reported results for the most recent quarter. But lots of earnings reports are scheduled for this week. Among those reporting are General Motors (NYSE: GM), as well as the first of a wave of results from retailers: Macy's (NYSE: M), Kohl's (NYSE: KSS) and...
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Earnings Preview: Scripps Networks Interactive
Wednesday, November 2, 2011 - 6:52am | 647Scripps Networks Interactive (NYSE: SNI) is scheduled to report third-quarter 2011 results Thursday, November 3, after the markets close. In its previous report, the company ended a streak of three quarters of year-over-year profit growth when it fell short of consensus estimates. However, revenues...
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Earnings Expectations for the Week of August 1
Sunday, July 31, 2011 - 10:02am | 1197Quarterly reports of note scheduled for this week include those from Archer Daniels Midland (NYSE: ADM), General Motors (NYSE: GM), MasterCard (NYSE: MA), Procter & Gamble (NYSE: PG) and Time Warner (NYSE: TWX), all of which are expected to post earnings growth, as well as Pfizer (NYSE: PFE)...
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Wedbush Comments On Transformers 3 And Viacom
Tuesday, July 5, 2011 - 9:38am | 90According to Wedbush, Viacom (NYSE: VIA) price target is supported by a target P/E assuming a small discount to diversified media peers (~15x), reflecting favorable growth of cable TV. Wedbush said Transformers 3 is tracking to $400m in worldwide gross receipts through July 4, putting our $600m...
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Tom Freston is Still Waiting for Sumner Redstone's Thank-You Note
Friday, July 1, 2011 - 10:26am | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Bank of America Reiterates Buy Rating, $62 PO on Viacom
Friday, July 1, 2011 - 7:42am | 57Bank of America is reiterating its Buy rating and $62 PO on shares of Viacom, Inc. (NYSE: VIA). “We reiterate our Buy rating for VIA, as ratings/advertising improvement, better Paramount performance, improved capital allocation and relative valuation can all support outperformance,” Bank of...
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Will Tom Freston Ever Get a Thank-You from Sumner Redstone?
Thursday, June 30, 2011 - 5:24pm | 626Instead of taking a $545 million loss, Viacom (NYSE: VIA) can sit back and relax this afternoon, knowing that it didn't have to go through the trouble of selling MySpace for a paltry sum of $35 million. But don't expect media mogul Sumner Redstone to apologize for firing Tom Freston, the former...
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Wunderlich Securities Reiterates Buy on Viacom
Monday, June 13, 2011 - 6:23am | 122Wunderlich Securities reiterated its Buy rating on Viacom (NYSE: VIA.B). In a research report published today, Wunderlich stressed income generating power of MTV as one of the reasons for its decision. In the report, Wunderlich states, "We remain positive on Buy-rated Viacom (VIA-B) as the cable...
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Will Super 8 Be "Super" at the Box Office?
Friday, June 10, 2011 - 2:23pm | 700The long-awaited JJ Abrams epic* finally hits theaters today. With teaser trailers running since early last year and numerous full-length trailers and TV spots airing for the past six months, Super 8 is one of the most hyped films of the summer movie season. But it is the writer and director (JJ...
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Goldman Sachs Highlights Disney and Viacom as "Preferred Media Stocks" (VIA-B, DIS)
Monday, May 16, 2011 - 9:11am | 132Goldman Sachs is out with its "Americas: Entertainment" report today, and highlights Viacom (NYSE: VIA-B) and Disney (NYSE: DIS), as preferred picks. In a note to clients, Goldman Sachs writes, "Our preferred media stock is Viacom, which generates around 50% of its operating income from national...
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The Green Lantern: Destined To Flop? (TWX)
Tuesday, May 3, 2011 - 3:32pm | 686There has been a lot of hype for this summer's “blockbuster” comic book movie. But all signs point to a flop for what is sure to be hailed as a blasphemous attempt at mainstream filmmaking. While the trailers and ridiculous movie posters have received a ton of buzz, curious critics and excited...