Broadcasting – TV

(CBS) Can Aereo Change the Broadcast Game?

The signal’s still green for Aereo. Despite several legal challenges, the company which streams over-the-air TV programs from the cloud continues to grow its services. The brainchild of CEO Chaitanya (Chet) Kanojia, Aereo has worked its way around existing legislation which requires cable and satellite...

15May2013 | | Comments Off on (CBS) Can Aereo Change the Broadcast Game? | Continued

(RCI) Rogers Communications – Bull of the Day

We are upgrading our recommendation on Rogers Communications, Inc. (RCI) to Outperform based on its current valuation, which is trading at significantly low multiples compared to the industry average and the S&P 500, with respect...

8Oct2012 | | Comments Off on (RCI) Rogers Communications – Bull of the Day | Continued

(CBS) CBS Corporation Extends Affiliation Agreement

CBS Television Network, a wing of CBS Corporation’s (CBS) entertainment segment, recently announced that it has extended its affiliation agreement with Nexstar Broadcasting Group Inc. (NXST)...

13Sep2012 | | Comments Off on (CBS) CBS Corporation Extends Affiliation Agreement | Continued

(CBS) CBS Corporation – Bull of the Day

CBS Corporation’s (CBS) second-quarter 2012 earnings of $0.65 per share beat the Zacks Consensus Estimate of $0.58 and rose 12% year-over-year on the back of increases in affiliate and subscription fee revenues as well as effective...

9Aug2012 | | Comments Off on (CBS) CBS Corporation – Bull of the Day | Continued

(CBS) CBS Corporation – Value

CBS Corporation (CBS) is firing on all cylinders as it recently reported a record first quarter. Despite shares surging to 3-year highs, this Zacks #1 Rank (Strong Buy) has plenty of value, with a forward P/E of just 8.2.

CBS...

20Jun2012 | | Comments Off on (CBS) CBS Corporation – Value | Continued

(CBS) CBS Corporation – Bull of the Day

CBS Corporation’s (CBS) fourth-quarter 2011 earnings of $0.57 per share surpassed the Zacks Consensus Estimate of $0.53 and surged 23.9% from $0.46 earned in the year-ago quarter buoyed by growth in high margin operations and...

23Apr2012 | | Comments Off on (CBS) CBS Corporation – Bull of the Day | Continued

(CBS) CBS Corporation Extends NFL Deal

CBS Corporation (CBS) recently announced that it has extended its broadcast rights deal with the National Football League (NFL) for nine more years. However, the financial terms of the deal were not disclosed.

The newly announced...

15Dec2011 | | 0 comments | Continued

(TV) Grupo Televisa S.A. – GDS – Bear of the Day

We reaffirm our Underperform recommendation on Grupo Televisa S.A. (TV) global depositary shares (GDS) ahead of its third quarter-2011 financial results. Televisa lost a significant amount of advertising revenue from businesses of Mexican...

24Oct2011 | | 0 comments | Continued

(RCI) Rogers Communications Announces Diversification

Rogers Communications Inc. (RCI), a leading cable MSO and wireless operator in Canada, has decided to diversify vertically. Management plans to apply to government for introducing a bank under the Canadian Bank Act. However, the company...

12Sep2011 | | 0 comments | Continued

(RCI) Rogers Communications Launched LTE Network

Yesterday, Rogers Communications Inc. (RCI) achieved a milestone as the company was the first in Canada to launch an LTE network.

Initially the LTE network is deployed in the Ottawa region, which will be extended into Toronto,...

10Jul2011 | | 0 comments | Continued

(RCI) Rogers Communications to Launch LTE in 2011

Rogers Communications Inc. (RCI), the largest cable MSO of Canada, will launch its first next-generation (4G) super-fast LTE (Long-Term Evolution) network in Ottawa, in the third quarter of 2011. LTE network will expand into another...

12Jun2011 | | 0 comments | Continued

(RCI) Look to Dividends for Income

With the 10-year T-note yielding only 3.06%, those investors interested in getting income from their investments are in sort of a tough place. Dividend-paying stocks are a very good place to look for a replacement.

One thing you know for sure is that the coupon payment on a 10-year note is...

9Jun2011 | | 0 comments | Continued

(RCI) Rogers Communications and Astral Sign Agreement

Canadian communications and media company Rogers Communications Inc. (RCI) and Canada’s leading broadcaster of premium pay-and-specialty television services Astral signed an agreement, whereby Rogers’ customers will be...

14Sep2010 | | 0 comments | Continued

(TV) Grupo Televisa S.A. Enters Mobile Phone Market in Mexico

In a significant move, the Mexican wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) approved yesterday the auction bid submitted by Grupo Televisa S.A. (TV) and its partner Nextel for a 30 MHz nationwide block in...

18Aug2010 | | 0 comments | Continued

(CBS) CBS Beats The Street Consensus

CBS Corp. (CBS), a diversified media conglomerate, recently posted second-quarter 2010 results that topped the Zacks’ expectation and portrayed a substantial improvement from the year-ago quarter on the heels of a better operating...

4Aug2010 | | 0 comments | Continued

(RCI) Rogers Communications Analyst Upgrades to Outperform

We upgrade our recommendation to Outperform for Rogers Communications Inc. (RCI) following its first quarter 2010 financial results, significantly above the Zacks Consensus Estimates. Free cash flow, cash returns to shareholders, and...

24May2010 | | 0 comments | Continued

(CBS) CBS Corporation Reports Earnings In Line with Consensus

CBS Corporation (CBS), a diversified media conglomerate, recently posted first-quarter 2010 results that were in line with the Zacks expectation and portrayed substantial improvement from the year-ago quarter on the heels of a better...

6May2010 | | 0 comments | Continued

(CBS) CBS Corporation Analyst Downgrades Stock

We recently downgraded our recommendation on CBS Corporation (CBS) to Neutral from Outperform with a target price of $15.00.

Due to its exposure to publishing, radio and television broadcasting, and outdoor billboard businesses...

6Apr2010 | | 0 comments | Continued

(RCI) Rogers Analyst Downgrades Stock to Neutral

We downgrade our recommendation for Rogers Communications Inc. (RCI) to Neutral as a result of increased competition in the Canadian wireless market. Canadian wireless rates are among the highest in the world. In a bid to improve service...

5Apr2010 | | 0 comments | Continued

(RCI) Rogers Communications – Wireless Business Leads to Earnings Surprise

Rogers Communications Inc. (RCI) continues set new 52-week highs, yet remains a good value at under 14 times forward earnings.

Company Description

Rogers Communications is one Canada’s largest providers...

5Mar2010 | | 0 comments | Continued

(TV) Grupo Televisa S.A.’s Profit Plunges

Grupo Televisa S.A. (TV), the largest media company in Mexico, reported financial results for the fourth quarter 2009. Quarterly consolidated net income was $91 million, down 58% year-over-year. Fourth quarter EPGDS (Earnings per Global...

5Mar2010 | | 0 comments | Continued

(RCI) Rogers Communications Upgraded to Outperform

We have upgraded our recommendation to Outperform for Rogers Communications Inc. (RCI) following its fourth quarter 2009 financial results, which came ahead of the Zacks Consensus Estimate. Despite facing an extremely challenging economic...

1Mar2010 | | 0 comments | Continued

(CBS) CBS Earnings Report In-line with Consensus Estimates

CBS Corporation (CBS), a diversified media conglomerate, recently reported fourth-quarter 2009 results. The quarterly earnings, which remain in line with the Zacks Consensus Estimate, posted a double-digit growth on a year-over-year...

24Feb2010 | | 0 comments | Continued

(RCI) Rogers Communications Beats Earnings Expectations

Rogers Communications Inc. (RCI) declared solid financial results for the fourth quarter 2009. Supported by strong free cash (cash flow from operations less capital expenditures) generation, the Board of Directors of Rogers increased...

17Feb2010 | | 0 comments | Continued

(TV) Grupo Televisa S.A. Enters Wireless Ventures

Grupo Televisa S.A. (TV), the largest media company in the Spanish-speaking world, entered into the lucrative wireless communications market in Mexico . The company has signed an agreement with NII Holdings Inc. (

17Feb2010 | | 0 comments | Continued

(TV) Grupo Televisa Eyeing Mobile Opportunity

Grupo Televisa SA (TV), the largest media company in the Spanish-speaking world, is likely to enter into the lucrative wireless communications market in Mexico. The company is in negotiation with Vivendi SA of France to form a joint...

12Jan2010 | | 0 comments | Continued

(CBS) CBS Corporation Upgraded by Analyst

CBS Corporation’s (CBS) strategic initiatives have helped it to weather the economic downturn. The company has been aggressively selling slow-growth radio stations in mid-sized markets to focus on the large markets that promise real...

7Jan2010 | | 0 comments | Continued

(SBGI) Sinclair Broadcast Group Lifts Fourth Quater Revenue Guidance

Sinclair Broadcast Group Inc. (SBGI) on Monday lifted its broadcast revenue guidance for the fourth quarter of 2009. The company stated that it now expects broadcast revenues to reach approximately $153.8 million, compared to the...

5Jan2010 | | 0 comments | Continued

(RCI) Rogers Communications – Downgraded to Neutral by Analysts

We downgrade our recommendation for Rogers Communications Inc. (RCI) to Neutral as a result of increased competition in the Canadian wireless market. Canadian wireless rates are among the highest in the world. In a bid to improve service...

22Dec2009 | | 0 comments | Continued

(RCI) Rogers Communications – PEG Ratio is 1.1 – Industry Averages 4.5

Rogers Communications Inc. (RCI) shares are still rising after it was originally featured as a Zacks Rank Buy.

Company Description

Rogers is a Canadian communications and media...

7Dec2009 | | 0 comments | Continued