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Morgan Stanley Raises VIA-B Target From $54 To $57
Monday, May 2, 2011 - 9:50am | 19Read More...Morgan Stanley is raising its PT on shares of Viacom, Inc. (NYSE: VIA-B) from $54 to $57. Viacom currently trades at $51.33.
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Morgan Stanley Raises VIA Target To $50
Monday, February 7, 2011 - 11:13am | 127Read More...Morgan Stanley is raising its YE11 price target on shares of Viacom (NYSE: VIA-B) to $50 “to reflect our higher estimates, which increase on better ad growth and on improvements in below the line items (lower tax rate, higher equity affiliate income).” “We see continued ad momentum into F2Q, where...
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Credit Suisse Raises PT on Viacom to $44 (VIAB)
Friday, February 4, 2011 - 12:16pm | 111Read More...Credit Suisse is out with its report today on Viacom (NYSE: VIAB), raising its PT from $39 to $44. In a note to clients, Credit Suisse writes, "Viacom reported FY1Q11 EPS of $1.02 vs. $1.14, a penny above our $1.01 estimate, driven by largely in-line operating results and below the line benefits,...
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Movie Theaters Brace For Profit-Slashing Winter Storm (CNK, RGC, IMAX)
Tuesday, February 1, 2011 - 1:44pm | 355Read More...It looks like the number-one movie in America is getting a new competitor this week: a major snow storm. The Rite (from the Warner Bros. division of Time Warner Inc. (NYSE: TWX)) landed the top spot at the box office with $15 million. No Strings Attached (from Paramount (NYSE: VIA)) earned just...
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Wunderlich Securities Provides Color On Viacom Pre-Earnings
Tuesday, February 1, 2011 - 8:48am | 107Read More...Wunderlich Securities is maintaining its Buy rating on Viacom (NYSE: VIA-B). “The increase is largely off a higher 1300 SPX target and longer forecast to 2015 vs. 2012 previously,” Wunderlich Securities writes. “Analysis for i) MTV ad growth and cost control and ii) Paramount ratio of video+...
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Wunderlich Raises PT On Viacom To $52
Tuesday, February 1, 2011 - 8:16am | 20Read More...Wunderlich Securities has raised the price target on Viacom, Inc. (NYSE: VIA.B) from $45 to $52 and maintains its Buy rating.
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Paramount's True Grit Hits #1 Again, Wunderlich Reports (VIA-B)
Monday, January 10, 2011 - 10:50am | 161Read More...Wunderlich Securities reports that the Box office was off 33% to $100.2mm for the top 12 releases, against a year-ago weekend that included $50mm from Avatar. “Paramount's True Grit was the #1 movie at $15.0mm, taking its domestic cume to $110.4mm and constituting another solid result for the...
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Wunderlich On Movies At The Box Office
Monday, December 27, 2010 - 10:28am | 202Read More...Wunderlich Securities has covered the Entertainment segment on The Walt Disney Company (NYSE: DIS) and Viacom, Inc. (NYSE: VIA.B) after the holiday box office fan. In the report, Wunderlich writes "Universal's Little Fockers grossed only $34mm over the weekend, with a disappointing $48.3mm cume...
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Desperate For A Twilight Replacement (LGF)
Thursday, December 23, 2010 - 4:15pm | 488Read More...Twilight – the final frontier. At least, that's what Hollywood thinks of this book-turned-movie franchise. Whereas most studios have apparently given up on finding the next Harry Pottery – failure after failure in the department of magical films (Percy Jackson, etc.) will do that to you – Hollywood...
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CBS' David Poltrack Talks Apple TV Flaws, Hawaii Five-O's Online Success And More (VIA, AAPL, GOOG)
Tuesday, December 7, 2010 - 3:20pm | 394Read More...More than 10 million people tune into Hawaii Five-O each week. We know this because the show's viewers are reported weekly by Nielsen. But did you know that Hawaii Five-O gains another three million viewers online? “That's an incremental audience online,” said David Poltrack, the Chief Research...
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Viacom Reports 5% Total Revenue Growth Despite Rock Band Loss, Benchmark Reports
Friday, November 12, 2010 - 9:53am | 83Read More...Viacom Inc. (NYSE: VIA) reported F4Q10 (September) total revenue growth of 5% y/y to $3.3 billion, “matching consensus despite the reclassification of Rock Band [creator, Harmonix] to discontinued operations,” Benchmark reports. “Reduced costs due to fewer film and home entertainment releases were...
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Who Should Buy Rock Band Creator Harmonix?
Thursday, November 11, 2010 - 3:04pm | 710Read More...While it might have come as a surprise that Viacom Inc. (NYSE: VIA) would decide to sell Harmonix so soon after the release of Rock Band 3, there is a more pressing matter to consider: who should take the company off of Viacom's hands? Having created music games for several different companies –...
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Viacom To Sell Harmonix: Is This Smart, Stupid, Or Just Plain Crazy?! (VIA)
Thursday, November 11, 2010 - 1:52pm | 526Read More...Viacom Inc. (NYSE: VIA) has announced that, in addition to reclassifying the Rock Band creator as a discontinued operation, the company plans to sell Harmonix to another publisher. If you look at the reported UK sales of Rock Band 3, Harmonix's latest creation, you might understand where Viacom –...
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New Tech: Learning The Piano With Rock Band 3
Wednesday, November 10, 2010 - 1:14pm | 380Read More...While Viacom Inc.'s (NYSE: VIA) shares don't seem to be influenced by the release of Rock Band 3 – which comes from its subsidiary, MTV Games, and Electronic Arts (NASDAQ: ERTS) – one thing remains clear: this game might have what it takes to revolutionize music electronics. In fact, calling Rock...
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Saw 3D Leads The Weekend Box Office, Wunderlich Securities Reports
Monday, November 1, 2010 - 10:08am | 101Read More...Wunderlich Securities reports (via Hollywood.com) that receipts for the top-12 releases rose 4.5% to $86.6mm. “Lionsgate's (NYSE: LGF) Saw 3-D was the #1 movie, grossing an about-as-expected $24.2mm and considerably ahead of the lackluster $14.1mm tally for 2009's Saw VI,” Wunderlich Securities...
